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FTX Up For Sale: Who Will Buy The Crypto Wreckage?
Tuesday, October 24, 2023 - 4:04pm | 541Read More...Bankrupt crypto exchange FTX Trading Ltd. is now reviewing offers from three potential buyers. The forthcoming decisions surrounding FTX's future are expected to garner significant attention, especially with the crypto community converging at Benzinga's Future of Digital Assets...
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Binance Faces Leadership Exodus: UK CEO Exits Amid Regulatory Challenges
Tuesday, October 24, 2023 - 10:55am | 650Read More...Jonathan Farnell, Binance U.K. CEO and head of its payment service Bifinity, has departed from the company, marking the latest in a series of high-profile exits from the leading crypto exchange. What Happened: As Farnell's LinkedIn profile indicated, he left the company in September...
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Binance Expands European Influence With New Euro Services Partnership
Friday, October 20, 2023 - 4:16pm | 763Read More...Amid organizational shifts and regulatory hurdles, Binance is bolstering its European foothold with a fresh Euro services partnership. What Happened? Crypto exchange giant, Binance announced that it has signed agreements with new regulated and authorized fiat partners for EUR payments,...
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Bitcoin To Skyrocket 2,662%, Says Anthony Scaramucci: Brace For $700,000 BTC
Monday, October 16, 2023 - 2:17pm | 574Read More...SkyBridge Capital's Anthony Scaramucci remains optimistic about Bitcoin's (CRYPTO: BTC) potential, projecting a staggering 2,662% rise from its present valuation of approximately $543 billion. Speaking on the OPTO - Invest in Innovation podcast, Scaramucci said Bitcoin...
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Uniswap No Longer Restricted To PC, iOS: Crypto Exchange Unveils App For Android
Friday, October 13, 2023 - 9:54am | 475Read More...Decentralized crypto exchange Uniswap (CRYPTO: UNI) introduced a beta version of its mobile application for Android users. Before this, Uniswap's platform was restricted to PC and iOS mobile gadgets. Insights and developments from such platforms will be explored further at the upcoming Benzinga...
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Circle Collaborates With Philippines Exchange To Promote USDC Remittances
Wednesday, October 11, 2023 - 5:48pm | 576Read More...While Circle faces significantly big competition from rival stablecoins issued by Tether (CRYPTO: USDT) and PayPal (CRYPTO: PYUSD), its recent developments like minting native (CRYPTO: USDC) coin, partnerships and integrations across, have taken the USDC issuer on a roll....
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Bitfinex Parent Company Considers $150M Share Repurchase
Tuesday, October 10, 2023 - 6:43pm | 527Read More...Bitfinex's parent company, iFinex Inc., is considering a $150 million share repurchase to increase its influence over the crypto exchange's operations amidst rising regulatory attention. The Hong Kong-based iFinex, which has ties to the prominent stablecoin issuer Tether Holdings Ltd. (...
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UK Regulator Deals Blow To Binance's UK Expansion Plans
Tuesday, October 10, 2023 - 4:27pm | 547Read More...The UK's Financial Conduct Authority (FCA) has imposed limitations on the peer-to-peer lending platform, Rebuildingsociety, the same platform that had collaborated with crypto exchange Binance (CRYPTO: BNB) to adhere to the FCA's advertising standards. The FCA on Oct. 10 released...
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Is Binance's $1B Crypto Recovery Fund A Gigantic Fizzle?
Tuesday, October 10, 2023 - 2:35pm | 565Read More...Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its Industry Recovery Initiative (IRI), following the collapse of crypto exchange FTX. As it stands now, IRI has only funded $30 million...
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Hacker Steals Then Returns Funds For Reward To Huobi's HTX: 'You Made The Right Choice'
Monday, October 9, 2023 - 10:21am | 603Read More...Crypto exchange HTX affiliated with Huobi Global, has announced the recovery of assets misappropriated by a cyber intruder in September, subsequently rewarding the individual with a 250 Ether (CRYPTO: ETH) incentive for their cooperation. The breach, which took place on Sep. 25, saw a significant 5...
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FTX CTO Gary Wang Reveals Fraudulent Practices At Crypto Exchange During Bankman-Fried Trial
Friday, October 6, 2023 - 3:39pm | 753Read More...Alameda Research enjoyed unique access on the FTX platform, enabling the crypto hedge fund to utilize $8 billion of the exchange's client funds, revealed Gary Wang, the former chief technology officer (CTO), during Sam Bankman-Fried's trial on Friday. Wang, who was instrumental...
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Judge Warns Bankman-Fried's Defense Team: Repetitive Questioning 'Needs To Be Curbed'
Friday, October 6, 2023 - 9:47am | 647Read More...Judge Lewis Kaplan's patience is wearing thin with the defense team representing FTX (CRYPTO: FTT) founder Sam Bankman-Fried. In just three days of the trial, Kaplan has expressed significant frustration with the defense's approach, particularly their repetitive and imprecise...
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FTX's Secret Backdoor: How Billions In Customer Funds Were Allegedly Stolen
Thursday, October 5, 2023 - 2:18pm | 563Read More...Insiders from the cryptocurrency exchange FTX (CRYPTO: FTT) revealed that prior to its downfall, certain U.S.-based staff members identified a concealed mechanism. This mechanism, allegedly linked to Alameda Research, permitted the unauthorized withdrawal of billions in customer funds. Despite...
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Hong Kong Regulators Bolster Crypto Investigation Efforts On Heels Of JPEX Probe
Thursday, October 5, 2023 - 11:35am | 492Read More...In a bid to bolster surveillance on virtual asset trading platforms (VATPs) amid the JPEX probe, Hong Kong's Securities and Futures Commission (SFC) plans to enhance the monitoring and investigation of illicit activities. JPEX, which faces a series of allegations over its operational and...
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Sam Bankman-Fried Sues Insurer For $5M, Alleges Breach Of Contract Over Legal Expenses
Tuesday, October 3, 2023 - 3:52pm | 565Read More...Former cryptocurrency magnate Sam Bankman-Fried has initiated legal action against his insurer Continental Casualty Company (CNA), accusing them of not covering his legal expenses tied to his fraud defense. As Bankman-Fried appeared in court Tuesday, denying any fraudulent activities,...
















