Wed, February 12

SBF and Top Exec Sued by FTX’s Legal Team Over Embed Acquisition

Former FTX CEO Sam Bankman-Fried (SBF), co-founder Zixiao Wang, and executive Nishad Singh are being sued by FTX’s legal team. The stock-clearing platform Embed was acquired for $220 million, which is at the heart of the complaint. The attorneys claim that no proper due diligence was performed before the deal

May 20, 2023 1 min read

Acquisition of FTX Subsidiary LedgerX Completed by MIAX

LedgerX, one of the FTX assets that were court-approved for sale in January, has been acquired by the Miami International Securities Exchange (MIAX), operated by Miami International Holdings (MIH). U.S. government agencies oversee LedgerX since it is an exchange and clearinghouse. In a statement, MIH CEO Thomas Gallagher said that

May 20, 2023 1 min read

Singapore-based Whampoa Group All Set To Open Digital Bank in Bahrain

On May 18, the Economic Development Board of the Kingdom of Bahrain announced that the Whampoa Group, a Singaporean family office, will establish a digital bank in the country. The Group plans to launch the bank before the end of the year, targeting customers all around the world. In addition

May 19, 2023 2 mins read

Binance Australia Faces Scrutiny Amid Allegations of Crypto Scams and Frauds

Cuscal, the third-party payments provider for Binance Australia, suggested that the decision to discontinue its services influenced by concerns over scams and fraud. That is associates with activities such as account fraud, ID takeover, and cryptocurrency transactions. In a sudden move, Binance Australia declared on May 18 that its Australian

May 19, 2023 1 min read

Coinbase Introduces Zero Trading Fee Program Competing With Binance

Coinbase, a leading cryptocurrency exchange located in the United States, has launched a zero trading fee program, among other measures, only hours after Binance revived its zero charge trading program for Auto Invest customers. The cryptocurrency exchange Coinbase has been teasing a significant surprise for this Friday with countdown postings.

May 19, 2023 1 min read

Coinbase Exchange to Launch New Feature of Trading with USDC

Coinbase, one of the top crypto exchanges, has announced that the exchange is soon to launch a feature for trading with USDC. It allows users to trade faster and with a more rewarding advanced trading experience. More USDC trading pairs means a faster and more rewarding Advanced Trade experience. See

May 19, 2023 1 min read

Uranium Finance Exploit Wallet Reactivates Via Tornado Cash

In March, a wallet address 0x59d7…D69 connected with Uranium Finance exploit started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular crypto mixer, TornadoCash. #CertiKSkynetAlert 🚨 We are seeing a movement of funds to @TornadoCash from address 0x59d7 which is connected to the ~$50m Uranium Finance

May 18, 2023 1 min read

Crypto Exchange Coinbase Announces Listing of SUI Token

In a recent announcement, Coinbase, the biggest cryptocurrency exchange in the United States, said it will list Sui (SUI) on its trading platform. The company’s primary concept is to deliver reliable crypto assets to its retail consumers and to further strengthen the usage of Web3. This announcement is a direct

May 18, 2023 2 mins read

Bitget Exchange Looking for Expansion with Active Hiring in Key Departments

Bitget, a crypto derivative exchange, has released the transparency report for Q1 2023. The report includes the major achievements, new listings, and general traction that Bitget made in Q1 2023. According to the report, Bitget’s feature trading volume has witnessed an increase of 27% quarter-over-quarter to reach $658 billion. And

May 18, 2023 2 mins read

New Enhancements Boost Crypto.com Pay Experience in Crypto.com DeFi Wallet

The Crypto.com DeFi Wallet was integrated with Crypto.com Pay, earlier in January, allowing customers to effortlessly and securely buy cryptocurrency using Crypto.com Pay using their credit or debit card. The organization is excited to report that the Crypto.com DeFi Wallet has improved this integration in a number of ways, making it simpler for consumers

May 17, 2023 1 min read