Sun, February 2

Federal Investigations Against Bankrupt Crypto Lender Celsius

The company has received inquiries from the SEC, CFTC and FTC.  A federal grand jury subpoena was issued to the firm. US federal investigations are being conducted into the bankrupt cryptocurrency lender Celsius Network as per the Bloomberg report. According to a document submitted by attorneys for Celsius’ committee of

October 19, 2022 1 min read

FTX Transfers 50K ETH Worth Approx $65M to Voyager Digital

Texas authorities are probing into FTX Trading, FTX US, and the company’s leadership. The court has not yet approved the asset acquisition deal. On Tuesday, 50,000 ETH was sent from FTX, a cryptocurrency exchange, to the primary wallet of Voyager Digital, a cryptocurrency lender. Last month, the cryptocurrency exchange purchased

October 18, 2022 2 mins read

Binance Announces Aptos (APT) Listing, Following Mainnet Launch

Binance recently announced the listing of Aptos (APT) tokens. The exchange will open trading for three spot trading pairs including APT/BTC, APT/BUSD, and APT/USDT. The highly anticipated layer-1 blockchain Aptos (APT) finally launched its mainnet on October 17, after four years of technical development and millions of dollars in funding.

October 18, 2022 2 mins read

Gemini Co-founder Steps Down as Director of Europe Division

The senior leadership of Gemini Europe is experiencing significant changes. Earlier this month, Blair Halliday former managing director of Gemini moved to Kraken. Gemini, a cryptocurrency exchange that Cameron Winklevoss and his twin brother Tyler created in 2014, is now the 10th biggest in the world, according to data compiled

October 18, 2022 1 min read

FTX U.S and Founder SBF Being Investigated by Texas Officials

In a transaction finalized last month, FTX US acquired Voyager Digital’s assets. FTX US is not licensed by the Texas Department of Banking as per the complaint. According to a court filing, Texas officials are now looking into FTX CEO Sam Bankman-Fried in the Voyager case. Moreover, according to Texas

October 18, 2022 2 mins read

US Regulators Boost Their Scrutiny of the Crypto Industry

CFTC and SEC are looking into various potential legal infractions. US regulators are also looking closely at Celsius. According to Bloomberg News on Monday the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC)  are investigating whether crypto hedge fund Three Arrows Capital (3AC), which declared bankruptcy

October 18, 2022 2 mins read

Gate.io Partners with Cabital to Ease the Purchase of Crypto with Fiat Currencies 

Gate.io, one of the world’s Top 10 largest exchanges by volume, announced its partnership with Cabital and integration with Cabital Connect, a global on-and-off ramp solution for Web3. Fiat on-and-off ramps make it easier for  Gate.io’s customers to purchase cryptocurrencies with fiat currencies using Cabital Connect, a comprehensive fiat on-ramp

October 17, 2022 3 mins read

Proposal To Deploy Uniswap on zkSync Passes With 100% Votes

zkSync provides a scalable solution that allows for quicker transactions at reduced prices. The proposal passed with almost 100% of the vote in favor. Following the conclusion of a governance vote, the Uniswap decentralized exchange (DEX) will be integrated into the zkSync layer 2 privacy tool. Users of Uniswap, a

October 16, 2022 2 mins read

FTX CEO Won’t Spend $1B on Political Races as Claimed Earlier

Sam Bankman-Fried, CEO of FTX and a crypto billionaire, made the audacious assertion in May that he will spend $1 billion or more on political contributions before the 2024 US presidential election. According to information from OpenSecrets, if Bankman-Fried had spent that much on politics in the most recent election.

October 15, 2022 1 min read

Coinbase CEO Brian Armstrong To Sell 2% Stake Next Year

As of the 2022 proxy statement, he had a 16.1% investment in Coinbase. Shares of Coinbase (COIN) dropped by more than 8% on Friday. Brian Armstrong, CEO of Coinbase, said on Saturday that he would sell his 2% ownership in the company over the next year to fund research and

October 15, 2022 1 min read
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