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According to court documents, the bankrupt crypto exchange FTX owes money to several companies, including Apple, Binance, Coinbase, Netflix, and more. At a hearing in early January, Judge John Dorsey, who is dealing with the case, ordered the identities of specific creditors to stay hidden for three months, but he
The Dutch central bank (DNB) has fined Coinbase, the leading cryptocurrency exchange in the United States, 3.3 million euros ($3.6 million) for failing to get the necessary registration before offering crypto services in the Netherlands. The DNB said that it had considered Coinbase’s prominence as a cryptocurrency exchange and the
This past Wednesday, the Robinhood Exchange’s Twitter account was compromised by hackers. Hacked account promoted fake PancakeSwap decentralized exchange selling crypto tokens and NFTs on Binance Smart Chain in since-deleted tweet. Aside from Twitter, all of Robinhood’s other social accounts were hacked as well. Internet detective ZackXBT provided a scan
The wormhole bridge exploiters are back in action. While tracking down the so-called wallet address of the hacker, a brief amount of Ethereum was transferred on 23rd Jan of 2022. Two interesting transactions on the list, one is presumably between exploiter and exploiter 2, which sums around 1,889 ETH with
Bitcoin (BTC), the dominant cryptocurrency in the market, has witnessed a deceleration in its further expansion due to the Securities and Exchange Commission (SEC). According to Michael Sonnenshein, the CEO of one of the top investment management firms, Grayscale Investments, the SEC’s crypto regulatory laws have resulted in the slowdown
Stablecoins and CBDC trials are becoming more popular in Europe. Spanish central bank Banco de Espaa approved a pilot programme on January 19. That would issue digital tokens tied to the euro. MONEI, a regulated fintech payments business, is leading the charge on this initiative. Furthermore, that will provide customers
Coinbase faces the limelight after a few dark times in the ecosystem, the exchange has partnered with Borussia Dortmund (BVB). The premium partnership for German Soccer Club which extends until June 2023 alleviates the community from recent downfalls. The American Crypto exchange strengthens its network with a triumphant soccer team
The largest cryptocurrency exchange in the world, Binance, stated over the weekend that its fiat partner Signature Bank will no longer be processing transactions for amounts less than $100,000. The bank’s move comes as it seeks to reduce its exposure to the cryptocurrency sector. The recent market instability after the
Stellar Development Foundation, a non-profit, has stated that it would be participating in a new advisory group established by the United States Commodity Futures Trading Commission (CFTC). As stated in the company’s release, SDF will be representing the cryptocurrency industry. As one of four representatives at the CFTC’s Global Markets
Despite the untested bullish rally, some cryptocurrencies have surprisingly recorded and set their new all-time highs (ATH) at the start of 2023. Significantly, Aptos (APT) and Optimism (OP) are the cryptos that have contributed their new records to the market’s positive sentiment. According to Coingecko, on January 22, APT set
