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Bankman-Fried's Defense Team Says Remote Testimony From Ukrainian Customer Infringes On His Constitutional Rights
Tuesday, October 3, 2023 - 12:33pm | 480Read More...Amid FTX co-founder Sam Bankman-Fried's ongoing trial, his legal team submitted a letter to U.S. District Judge Lewis Kaplan vehemently opposing the government's motion to allow a Ukrainian customer to testify remotely, arguing that such testimony would...
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Crypto's Fallen Star Sam Bankman-Fried On Trial: Conviction Or Acquittal, Stakes Are High
Tuesday, October 3, 2023 - 11:09am | 754Read More...Sam Bankman-Fried faces his trial today amidst a whirlwind of charges. The disgraced founder of FTX (CRYPTO: FTT), once one of the world's leading cryptocurrency exchanges, has been under scrutiny for alleged financial misconduct. Bankman-Fried's arrest sent shockwaves through the crypto...
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EXCLUSIVE: Bittrex Global CEO Discusses Blockchain, DeFi And Trouble With UK Regulators
Thursday, September 28, 2023 - 10:52am | 520Read More...Bittrex Global CEO Oliver Linch recently spoke with Benzinga about the transformative potential of blockchain, the UK's regulatory approach, and the rise of decentralized finance (DeFi). "Nobody denies that there is something really important going on here," he stated. Linch...
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Binance Sells Russia Operations After DOJ Investigation Over Sanction Violations
Wednesday, September 27, 2023 - 10:37am | 771Read More...Binance Holdings Ltd (CRYPTO: BNB) is exiting Russia after facing a probe over possible violations of sanctions imposed against Russia. What Happened: The crypto exchange announced the sale of its entire Russian operations to the newly formed exchange CommEX. Noah Perlman, Binance’s...
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Ethereum Staking Doubles In A Year, Investors Flock To Proof-Of-Stake: Report
Tuesday, September 26, 2023 - 5:29pm | 590Read More...The amount of Ethereum (CRYPTO: ETH) being staked witnessed a significant surge, doubling in just a year with about 25% of all available Ethereum currently staked, up from 11% a year ago as of Sept. 22, 2023, according to a report. This rise in staking activities underscored the...
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Crypto Exchanges Bypass Proper Licenses, Exaggerate Daily Trading Volume: Report
Tuesday, September 26, 2023 - 12:44pm | 401Read More...Certain crypto exchanges are boasting about their licenses and daily trading volume, but their claims appear suspect. That's according to Cointelegraph, which has been looking into the matter of whether Bitspay and other companies are truly regulated. What Happened: Estonia's Financial...
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HTX Crypto Exchange Suffers $8M ETH Heist: Justin Sun Offers Hacker A Job Or Legal Action
Monday, September 25, 2023 - 3:03pm | 489Read More...Crypto exchange HTX, formerly known as Huobi, has fallen victim to a cyberattack, resulting in a loss of 5,000 Ether (CRYPTO: ETH), equivalent to $8 million USD, the exchange's adviser and TRON (CRYPTO: TRON) founder Justin Sun said on Monday. Despite the significant sum, Sun assured users that...
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ByBit Suspends Services In This Country Due To Stricter Rules, Banned Incentives
Friday, September 22, 2023 - 10:42am | 577Read More...Crypto exchange ByBit announced its exit from the U.K. market after the imposition of stricter rules by the U.K. Financial Conduct Authority. However, CEO Ben Zhou denied all exit rumors early this week and stated that it is still exploring all options to stay in the country. Find out more on...
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Binance.US Under Fire: SEC Alleges Lack Of Cooperation In Investigation
Friday, September 15, 2023 - 8:25am | 611Read More...The Securities and Exchange Commission (SEC) has accused crypto exchange Binance.US of not fully cooperating with its ongoing investigation. The SEC's concerns primarily revolve around the safety and protection of U.S. investors' assets on the platform. The filing highlights the...
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Binance.US Shakeup: Top Brass Exits Spark Speculation In Crypto Circles
Thursday, September 14, 2023 - 3:47pm | 380Read More...Crypto exchange Binance.US is witnessing the exit of two more top-tier executives following the recent departure of its CEO, Brian Shroder. The latest to leave are Krishna Juvvadi, the head of Legal, and Sidney Majalya, the chief risk officer, the Wall Street Journal reported. Juvvadi...
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Why Bitcoin Wikipedia Page Traffic Just Hit 2023 Peak
Wednesday, September 13, 2023 - 4:27pm | 548Read More...Bitcoin's (CRYPTO: BTC) Wikipedia page recently saw an unprecedented surge in its daily traffic. On Sep. 8, the page registered a peak of 7,830 views, the highest for 2023. This spike in interest is believed to be linked to the growing anticipation of the launch of a spot Bitcoin ETF, leading...
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FTX Adjusts Crypto Liquidation Strategy In Response To US Trustee Concerns
Wednesday, September 13, 2023 - 11:48am | 520Read More...Beleaguered crypto exchange FTX (CRYPTO: FTT) has revised its plan to liquidate billions in cryptocurrency holdings. This move comes in response to apprehensions voiced by the U.S. Trustee, an arm of the Department of Justice. Despite the modifications, FTX will not be required to publicly announce...
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Ethereum-Based DEXs Riddled With Wash Trades: Report Sheds Light On $2B Manipulation
Tuesday, September 12, 2023 - 2:02pm | 595Read More...Crypto-native trade surveillance and risk monitoring firm Solidus Labs on Tuesday identified $2 billion worth of wash trades on Ethereum (CRYPTO: ETH)-based decentralized exchanges (DEXs) since 2020. This alarming revelation underscores the challenges and vulnerabilities present in the rapidly...
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Altcoin Market Braces For FTX's $3.4B Crypto Offload Through 2023
Tuesday, September 12, 2023 - 11:05am | 541Read More...Crypto exchange FTX (CRYPTO: FTT) is anticipated to offload approximately $3.4 billion in cryptocurrency to provide its users with fiat currency instead of tokens, a move expected to impact the altcoin market for the remainder of the year, according to a report. The Matrixport report...
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FTX Has A Secret $7B Crypto Treasure Trove: Here Are The Details
Monday, September 11, 2023 - 1:45pm | 561Read More...Beleaguered crypto exchange FTX (CRYPTO: FTT) amassed assets totaling approximately $7 billion. This includes an impressive stash of $1.16 billion in Solana (CRYPTO: SOL) tokens and $560 million in Bitcoin (CRYPTO: BTC), according to court documents. FTX's assets don't just stop at...
















