The paramilitary group Wagner rebelled against the military leadership in Moscow, resulting in the Russians exchanging their rubles, Russia’s currency, with the dollar-pegged cryptocurrency this weekend. This results in a total volume of trades between rubles, and the stablecoin Tether (USDT) has surged from $4 million on Saturday to $15
The bankrupt cryptocurrency lending platform has leveled allegations against Wintermute, a prominent crypto market maker. Claiming that they actively participated in price manipulation of CEL tokens by facilitating “wash trading” in collaboration with Celsius executives. The latest development in the legal proceedings showcases, Celsius creditors amending their lawsuit in the
EDX Markets provides a trusted, efficient, and liquid cryptocurrency trading experience EDX to launch new clearinghouse business later this year to provide members with the most competitive and capital efficient market through a single settlement process New EDX funding round welcomes additional strategic investors to accelerate platform development and market
The million-dollar class action lawsuit filed against Elon Musk for insider trading of cryptocurrency Dogecoin took a new turn today. Elon Musk’s lawyer Alex Spiro revealed that Mr. Musk does not own any Dogecoin wallets that were part of price manipulation. Earlier, a class action lawsuit was filed against the
DUBLIN–(BUSINESS WIRE)–The “Global Cryptocurrency Market Size, Share, Growth Analysis, By Type, By Process, By Application – Industry Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market size was valued at USD 4.06 billion in 2021 and is poised to grow from USD 4.57 billion in 2022
In a significant twist of events, the cryptocurrency market is reeling. The blame squarely falls on the SEC’s lawsuits against prominent crypto exchanges Binance and Coinbase. Over 100 digital currencies have felt the sting, and even top market-cap cryptocurrencies weren’t spared. A Glimpse at the Ten Hardest-Hit Cryptocurrencies Leading the
Sberbank, Russia’s largest bank, has announced that it is set to allow customers to trade crypto. The individuals will get access to operating and be able to make transactions using the digital financial assets on the Sberbank platform in June. Popov, deputy chairman of the bank, stated that the citizens
In an effort to streamline operations, Binance.US announced it would cease support for certain advanced trading pairs and pause its Over-The-Counter (OTC) trading portal. The changes, which affect a broad spectrum of crypto pairs tied to USDT, BTC, and BUSD, will come into effect from 9 a.m. PDT on June
The US Securities and Exchange Commission’s (SEC) recent regulatory initiatives have compounded concerns about the long-term sustainability of cryptocurrencies. The SEC’s legal charges against Coinbase and Binance, two prominent cryptocurrency exchanges, are a worrying trend. The SEC’s action against Coinbase, situated in San Francisco, is a landmark event in the
ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of
