Coinbase has announced that it is updating the Wallet app to enhance security and usability. On Monday, the cryptocurrency exchange announced a number of new features for its Wallet users. That aim to increase blockchain transparency and security. These include transaction previews, token approval alerts, a blocklist of flagged dApps,
Since court decisions from U.S. courts do not have a legal or practical impact in Turkey, the defunct FTX cryptocurrency exchange has asked the bankruptcy court in Delaware to exclude its Turkish subsidiaries from the case. In its Friday filing, FTX also claimed that it has “no reason to believe
Monday saw the announcement that Mastercard and Binance will be releasing a prepaid card in Brazil, Latin America’s economic powerhouse. According to the announcement, after Argentina, Brazil will soon get access to the so-called Binance Card. It is now under beta testing and will likely roll out to the public
As early as August, eight months before the exchange’s tragic demise in November, the Australian financial authorities apparently voiced worries about FTX’s local Australian affiliate. Guardian Australia has received documents showing that the Australian Securities and Investments Commission (ASIC) was worried about FTX Australia’s operations after it was granted a
On Sunday, Binance CEO Changpeng Zhao (CZ) said that the Binance team has burned more than 16 million BNB (ERC-20) tokens. Binance, a cryptocurrency exchange, is transitioning from the ERC20 token version of BNB to the native BEP2 token version following the BNB blockchain’s debut. In only 24 hours, the
The crypto sector is still feeling the after-effects of the FTX fiasco with several firms laying off staff trying to cut down expenses. One of the greatest scams in history has allowed the SEC to take a stringent approach toward the crypto sector. Now according to FEC documents, many high-ranking
A surprising development in the current FTX fraud case is that Sam Bankman-Fried’s (SBF’s) lawyers have urged that he should be given access to the assets and cryptocurrency held by his former firm FTX. Bankman-Fried resigned as CEO of FTX on November 11th, 2022 post-filing Bankruptcy, and is now out
Sam Bankman-Fried (SBF), the co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence the witnesses. In a recent court document, the U.S. prosecutors declared that the former CEO of FTX tried to persuade a witness in the case being investigated by the US government. In the wake
The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
The Dutch central bank (DNB) has fined Coinbase, the leading cryptocurrency exchange in the United States, 3.3 million euros ($3.6 million) for failing to get the necessary registration before offering crypto services in the Netherlands. The DNB said that it had considered Coinbase’s prominence as a cryptocurrency exchange and the
