Sun, November 23

SEC Issued Crypto Miners’ Private Detail During Investigation

The Securities and Exchange Commission in the United States has kept a keen eye on the cryptocurrency market. The regulatory authorities are ensuring no errors are unseen. And now it seems to have leaked the personal details of numerous crypto miners associated with the blockchain startup Green. Furthermore, the government

January 18, 2023 2 mins read

CoinFLEX partners with 3AC to raise funds for its new exchange platform

3AC (Three Arrows Capital Ltd.), a hedge fund established in 2012, and CoinFLEX, a crypto Futures, and Lending exchange shook hands. The founders of these two conglomerates share one common goal: to launch a trading exchange.  Su Zhu and Kyle Davies, the founders of the 3AC collide their path with

January 17, 2023 2 mins read

Class Action Lawsuit Filed Against Coinbase Over Flare Token Airdrop

Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase in the United States District Court for failing to provide Songbird and Flare tokens to Coinbase clients. Supposedly, the cryptocurrency exchange openly consented to divide up the airdrop among XRP investors. The complaint said that it was filed on

January 17, 2023 2 mins read

Founders of Insolvent Three Arrows Starting New Exchange ‘GTX’

As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC) and the cryptocurrency exchange CoinFlex, respectively, are looking to raise $25 million to start a new exchange called GTX. Bankrupt crypto businesses including Mt. Gox, Celsius, BlockFi, and the most

January 16, 2023 2 mins read

Crypto.com Signs 8-year Carbon Emission Deal With Climeworks

Cryptocurrency projects are beginning to focus on long-term viability. Since last year, when Ethereum made the switch to the PoS consensus method, it has become more eco-friendly and uses less energy. There have been other industrial ventures moving in a similar fashion. A leading cryptocurrency exchange, Crypto.com has been dedicated

January 16, 2023 2 mins read

NBA Behemoth Miami Heat Ends Affiliation With Insolvent FTX

The Miami Heat, one of the NBA’s most successful franchises, has ended its affiliation with the FTX cryptocurrency exchange. The basketball powerhouse’s home arena, once known as FTX Arena, will hereafter be known as something else. The partnership between Miami-Dade County (where the NBA club is based) and FTX was

January 14, 2023 2 mins read

Skybridge Capital Founder Plans Buying Back Shares Sold to FTX

SkyBridge Capital founder Anthony Scaramucci has said that his firm may repurchase the majority share it sold to the defunct cryptocurrency exchange FTX in the coming months. He also made claims of fraud on the part of the platform and its previous CEO, Sam Bankman-Fried (SBF). Scaramucci recently expressed optimism

January 14, 2023 2 mins read

Huobi Partners With Solaris to Launch Crypto-to-Fiat Debit Card in EU

For many traditional banks, bridging the divide between digital and fiat currencies is a top concern as the crypto industry continues to enter the mainstream. Huobi, a cryptocurrency exchange, has announced that it would create a cryptocurrency-to-fiat debit card in collaboration with Solaris, a European financial services company. Because Visa

January 13, 2023 2 mins read

Binance Announces Support For Upcoming Terra Classic Upgrade

Binance, a cryptocurrency exchange, has announced today that it would facilitate the upgrade to Terra Classic (LUNC), a project that sprung from the defunct Terra ecosystem. The update is scheduled to take place this Saturday. The update will take place at epoch 15,029, or around 04:50 UTC on Saturday, after

January 13, 2023 1 min read

Bankruptcy Court Allows FTX To Sell Key Subsidiaries and Assets

The bankruptcy court supervising FTX’s case has allowed the troubled cryptocurrency exchange permission to liquidate some of its assets in an attempt to repay its creditors. According to paperwork submitted to the Delaware Bankruptcy Court. Judge John Dorsey has authorized the sale of four key subsidiaries of FTX. LedgerX, Embed,

January 13, 2023 2 mins read
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