Uniswap, a major decentralized exchange, disclosed that it gathers certain user data, such as traders’ device type or browser, but no personally identifiable information. On Monday, the DEX claimed in a blog post that “transparency was key.” And that it was collecting data both off-chain and on-chain to enhance the
On Monday, Coinbase’s stock price dropped to a record low of $40.61. According to CoinGecko statistics, the two biggest cryptocurrencies by market cap, Bitcoin and Ethereum, both declined. Bitcoin dropped 5.5% to $15,665, while Ethereum dropped 8.2% in a day to $1,081. Coinbase has attempted to capitalize on the demise
Genesis Global Capital, a lending division of Genesis Trading, temporarily halted withdrawals at the end of last week. The parent business, Digital Currency Group, said that they made the call because of the “extreme market dislocation” and “loss of industry confidence” that FTX’s collapse created. The corporation promptly applied for
In London, a family of fintech entrepreneurs is suing Nexo, claiming that the cryptocurrency lender restricted their access to up to £107 million ($126 million) in assets and then threatened them into selling it all to Nexo at a 60% discount. City AM said that the brothers Jason and Owen
The Japanese branch of cryptocurrency exchange FTX Trading, FTX Japan, is working toward resuming withdrawals by the year’s end. While FTX Japan has temporarily halted withdrawals, an official there indicated on Monday that work is already underway on a new withdrawal procedure. Also, FTX Accounts Drainer keeps transferring crypto assets
According to reports, Ripple CEO Brad Garlinghouse is looking into buying assets from defunct cryptocurrency exchange FTX. The conversation, according to Ripple’s CEO, focused on whether or not there were any firms held by FTX that Ripple “would want to own.” Garlinghouse told The Sunday Times on the sidelines of
On Sunday, FTX reached out to other cryptocurrency exchanges for assistance, explaining that stolen monies were being moved from the compromised exchange to third parties wallets. The insolvent firm, now run by John J. Ray III, CEO of FTX, requested that its competitors “take all measures” to recover the money
Celsius, the bankrupt crypto lender has received approval for the bar date on Jan 3, 2023. The bar date is the deadline for the Celsius customer to file the claim for the entities the held until July 13. That is before the date, the network went into bankruptcy. This week,
The Ethereum address 0x59a has attracted a lot of attention since it is believed to be connected to the person or group responsible for transferring millions of dollars worth of tokens out of FTX in the hours after the company’s bankruptcy filing. The blockchain monitoring business Elliptic published about the
BBC reported recently that the deportation of Faruk Fatih Ozer was agreed upon between Albanian and Turkish officials and that he has 15 days to challenge the decision. Last year, the 27-year-old and his struggling cryptocurrency trading platform, Thodex, gained headlines when he suspended trading and took the website down.
