Sat, July 12

Stanford University to Return $5.5M Donations Made by FTX

According to a Bloomberg report, the Stanford University in California has said that it intends to refund all funds it received from the bankrupt crypto exchange FTX. Between November 2021 and May 2022, FTX-affiliated firms gave Stanford a total of $5.5 million. A university representative stated: “We have been in

September 20, 2023 1 min read

Bybit Adds PayPal’s PYUSD Stablecoin for Spot Trading

The third-most visited cryptocurrency exchange in the world, Bybit, is thrilled to announce the listing of PYUSD, PayPal’s innovative USD stablecoin. This listing represents a crucial turning point in the growth of the cryptocurrency market as a large corporation like PayPal makes its foray into the blockchain sector with its stablecoin offering.

September 20, 2023 1 min read

Binance CEO Dismisses Affiliation Claims With Ceffu Amid SEC Dispute

Changpeng Zhao (CZ), CEO of Binance, has responded to the concerns around Ceffu by dismissing reports that Binance’s U.S. branch is affiliated with Ceffu. Ceffu was originally known as Binance Custody, and the continuing dispute between the United States SEC and Binance-affiliated entities, especially Binance U.S, over their apparent relationship

September 19, 2023 2 mins read

Nexera Exchange Introduces Groundbreaking On-Chain Limit Order Book

In order to provide a safe and user-focused trading platform, AllianceBlock has recently unveiled the Nexera Exchange, a creative take on a decentralized exchange featuring a variety of cutting-edge features. Nexera has implemented a cutting-edge on-chain limit order book to the exchange today. The Nexera Exchange is a strategic reaction

September 19, 2023 2 mins read

Defunct FTX Sues Former CEO and Founder SBF’s Parents

Former FTX CEO Sam Bankman-Fried’s parents, Allan Joseph Bankman and Barbara Fried, are being sued by the defunct cryptocurrency exchange FTX. During FTX’s early years, Sam Bankman-Fried’s parents unlawfully moved and obtained millions of dollars, which are now being sought by FTX and Alameda Research’s debtors.  Sam Bankman-Fried (SBF) was

September 19, 2023 2 mins read

CoinDCX Joins ARIFAC Alliance to Boost Crypto Compliance in India

When India’s largest cryptocurrency exchange, CoinDCX, raised over $90 million from investors led by B Capital Group last month, it became the first cryptocurrency unicorn in the nation. The exchange announced lately that it has become a member of the renowned ARIFAC alliance. The CEO of CoinDCX Sumit Gupta announced

September 19, 2023 2 mins read

FTX Fixes Claims Portal With New Security Mechanisms Post Exploit

After a serious cyberattack, FTX has finally fixed its claims site. Kroll, FTX’s third-party agency managing creditor claims, was the planned victim. However, FTX responded quickly, freezing impacted user accounts as a preventative action to guarantee the safety of its customers. Interestingly, a technique known as “SIM swapping” was the

September 17, 2023 1 min read

Crypto Exchange Remitano Reportedly Exploited of $2.7 Million

The crypto exchange Remitano had a security breach yesterday. Suspicious activity was observed with the withdrawal of over $2.7M in cryptocurrency. Amidst the chaos, Tether took prompt action, freezing $1.4 million. At around 12:45 PM, an alert was generated when a verified Remitano hot wallet began transmitting funds to an

September 15, 2023 1 min read

Crises at Binance as Top Executives Continue to Leave

In the midst of mounting regulatory challenges, Binance, the world’s largest cryptocurrency exchange, is grappling with a wave of high-level executive resignations. Over the past two months, the exchange has seen a series of key departures, throwing its management and strategic stability into question. The latest exits come from Binance.US,

September 15, 2023 1 min read

FTX Secures Court Approval for $3.4B Asset Liquidation Plan

Bankrupt cryptocurrency exchange FTX has received approval from a U.S. court to liquidate its cryptocurrency holdings. This move aims to facilitate the repayment of customers in U.S. dollars and reduce exposure to price volatility in the crypto markets.  The U.S. Bankruptcy Judge John Dorsey’s decision allows FTX to sell up

September 14, 2023 1 min read
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