Sun, December 1

FTX and Alameda Research Move $10.8 Million Worth of Cryptocurrencies

Using eight different cryptocurrencies, wallets associated with the now-defunct FTX exchange and its subsidiary Alameda Research sent $10.8 million to Binance, Coinbase, and Wintermute accounts. Spot On Chain, a blockchain research organization, saw the transaction and estimated that the organizations had moved $551 million using 59 distinct cryptocurrency tokens since

December 1, 2023 1 min read

Bybit Unveils Exclusive Market Insights in a Groundbreaking Report

The third-largest cryptocurrency exchange in the world by volume, Bybit, has published new research that analyzes how traders modify their tactics in response to shifting market circumstances. The first to be started by a cryptocurrency exchange, “Navigating Bull and Bear Markets — A Dive Into Asset Allocation,” makes use of

December 1, 2023 1 min read

Binance’s New CEO Richard Teng Addresses Future Plans in Recent AMA

During a recent Ask Me Anything (AMA) session on Twitter, Binance’s new CEO, Richard Teng, discussed his vision, answered user questions, and laid out the company’s future plans. At the same time, Teng thanked users for their support and spoke about Binance’s dedication to security, users, and worldwide compliance requirements.

December 1, 2023 3 mins read

Binance Unveils Pioneering Banking Triparty Agreement, Mitigating Counterparty Risk

The first cryptocurrency triparty agreement in history has been performed successfully by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange based on trading volume, in collaboration with a third-party banking partner. With this option, institutional investors may retain trade collateral in the custody of a third-party banking

November 30, 2023 1 min read

Robinhood Announces UK Launch Boosting International Outreach

Robinhood said on Thursday that it would launch its platform in the United Kingdom in early 2024. Retail investors in the UK can expect a new age of accessibility and opportunity, similar to the platform’s revolutionary influence in the US, as Robinhood gets ready for its worldwide debut. The platform

November 30, 2023 1 min read

Nexo and Koinly Collaborate for Effortless Crypto Tax Reporting

The premier digital assets institution, Nexo, has announced its strategic merger with Koinly, an innovative crypto tax software solution, as a critical step toward meeting the growing need for reliable crypto tax reporting solutions. The partnership was created in direct response to the industry’s demand for more efficient, smooth financial statement production

November 30, 2023 3 mins read

Bankruptcy Court Greenlights Defunct FTX to Sell $873M Worth Assets

The bankruptcy court in Delaware approved the sale of around $873 million worth of trust assets held by the defunct crypto exchange FTX on November 29.  Assets totaling $873 million will come from FTX holdings in several trusts issued by Bitwise ($66 million), a custody service provider, and Grayscale Investments

November 30, 2023 1 min read

Philippines SEC Issues Warning Over Binance’s Unauthorized Operations

The Philippines SEC has reported that crypto exchange Binance has been operating illegally in the country. On November 28, the Securities and Exchange Commission (SEC) of the Philippines warned the public that Binance does not have the necessary authorization to sell or offer securities in the nation. In order to

November 29, 2023 2 mins read

Cristiano Ronaldo Faces Lawsuit Over Binance Promotion

The world-renowned footballer Cristiano Ronaldo is embroiled in a class action lawsuit that claims he caused investor losses via promotion of the crypto exchange Binance. Ronaldo is accused of encouraging and taking part in the sale of unregistered securities on the Binance exchange in a complaint that was filed in

November 29, 2023 2 mins read

Former Binance CEO CZ Steps Down as Chair from Binance U.S Board

Along with his resignation as CEO of Binance, Changpeng Zhao (CZ) will also be stepping down as head of the board of directors for Binance US, an exchange established in the U.S. Following the announcement of a $4.3 billion settlement between U.S regulators and Binance and CZ on November 21,

November 28, 2023 2 mins read