Sam Bankman-Fried (SBF), founder of the collapsed crypto exchange FTX, claims that the crypto exchange was never truly bankrupt and that if its restructuring had been handled differently, it would have been worth $93 billion today against $15 billion in liabilities. Sam Bankman-Fried has made headlines again with his latest
While the global crypto market bleeding as Bitcoin (BTC) dips to the $83,000 zone once again, GoPlus Security’s native token, GPS, has defied the trend with a sharp 16% jump in the last 24 hours. The surge came after Binance, the world’s largest crypto exchange by trading volume, revealed plans
In 2025, the global crypto market saw a surge in investor involvement, driven by Donald Trump’s pro-crypto stance and initial adoptions. Despite a decline in prices, Bitcoin and other altcoins gained attention and performed well, with market sentiment remaining high due to upcoming updates. As regulatory clarity improves and institutional
As the community and market together march towards a weekend slump, Coinbase stirred up a little activity. Amid regulatory updates every other day, the cryptocurrency exchange released its fourth-quarter reports in the last 24 hours. Meanwhile, Bitcoin continues to consolidate at $96,000 struggling to reclaim its $100K mark. Notably, the
In a concerning cybersecurity breach, the official X (formerly Twitter) account of CoinSwitch, one of India’s leading crypto exchanges, was hacked on Wednesday during Asia’s noon hours. The attackers used the compromised account to promote a fraudulent Solana-based token, SWITCH, falsely claiming it as CoinSwitch’s native token set for trading
Bybit crypto exchange has finally registered with Indian financial regulator FIU after facing compliance issues. Referring to the same, CEO Ben Zhou posted on X saying this is good news for Indian users. Despite being the top-second crypto exchange in the world by trading volume, Bybit had to face a
Crypto.com and Kalshi Super Bowl bets under the legal Spotlight. The Commodity Futures Trading Commission (CFTC) is investigating them for sports-related prediction market contracts. On this, crypto exchange Crypto.com stated that they will continue providing wages on the Super Bowl. They will also work with the CFTC to address any
Cryptocurrency exchange KuCoin has confirmed its settlement with the US Department of Justice. Meanwhile, the overall cryptocurrency community is currently combating the aftermath of the recent market dip. The Ethereum Foundation took to today’s spotlight, by selling huge numbers of ETH tokens during its dip. Notably, KuCoin’s settlement, confirmed a
With Trump’s re-election and Bitcoin recording new all-time highs, the crypto market is witnessing record trading volumes and price surges. While the overall crypto market capitalization is hovering around $3.62 trillion, several crypto exchanges are playing their part in handling huge trading volumes. Deribit is one of the crypto derivatives
After two long years, FTX, the cryptocurrency exchange that collapsed in November 2022, has finally started repaying its customers. As of January 3, 2025, the court-approved Chapter 11 Plan of Reorganization is now in action, marking an important step in the company’s efforts to settle creditor claims. The FTX Debtors
