Sat, February 8

FTX CEO ‘SBF’ Clarifies Self-proposed Regulatory Standards

A Twitter user called the idea a “step backwards.”  Erik Voorhees said that the CEO was praising the OFAC. After the proposal for a legal framework for cryptocurrencies by FTX founder and CEO Sam Bankman-Fried (SBF) caused a stir earlier this week, he resorted to Twitter to try to quell

October 24, 2022 1 min read

Binance Investing Heavily in DeFi as per CEO ‘CZ’

The company has funded 67 projects to the tune of $325 million so far this year.  The exchange plans to finance Elon Musk’s acquisition of Twitter with $500 million. CZ’s exchange has been one of the most resilient this year, despite the market downturn. The crypto bear market and the

October 24, 2022 2 mins read

Hacker Posts Phishing Ad on Twitter Account of Gate.io

Hacker promoted a giveaway of up to 500,000 USDT in incentives. Gate.io was able to reclaim control of its account and delete the fraudulent ad. Once again, cybercriminals are using social media for their own ends. This time they used the verified account of a well-known cryptocurrency exchange to promote

October 23, 2022 1 min read

German Crypto Bank and Exchange Nuri Announces Shut Down

CEO Kristina Walcker-Mayer of the German firm announced the shutdown. The company first debuted in 2015 under the name Bitwala. As the CEO said, the trade will be possible on the platform until November 30th, 2022. Following a temporary insolvency filing by Nuri in August, the company has now made

October 21, 2022 1 min read

Binance U.S Hires Former FBI Agent as Head of Investigations

BJ Kang was named the exchange’s first Head of Investigations. Kang has participated in a number of investigations involving financial crime. As the number of reported cases of cryptocurrency-related fraud continues to rise. Leading exchange Binance has appointed a new head of investigations for its American branch. Recently, BJ Kang,

October 21, 2022 1 min read

CySEC Grants Binance License as a Crypto Asset Service Provider

The crypto exchange may now provide spot, custodial, staking, and card services in Cyprus. France, according to “CZ,” CEO of Binance, is the crypto hub of Europe. Binance, the largest cryptocurrency exchange in the world, has just received its fourth license in Europe. On Thursday, the Cyprus Securities and Exchange

October 20, 2022 1 min read

FTX CEO Reveals Solutions For Crypto Hacking Issue

SBF suggests paying off the hackers as part of the solution. More than $4.4 billion in 2022 has been lost due to DeFi protocol failures. Cryptocurrency hacking has been prevalent in recent months, notably in the DeFi sector. Chainalysis reports that, so far this month, more than $750 million has

October 20, 2022 1 min read

FTX Transfers 50K ETH Worth Approx $65M to Voyager Digital

Texas authorities are probing into FTX Trading, FTX US, and the company’s leadership. The court has not yet approved the asset acquisition deal. On Tuesday, 50,000 ETH was sent from FTX, a cryptocurrency exchange, to the primary wallet of Voyager Digital, a cryptocurrency lender. Last month, the cryptocurrency exchange purchased

October 18, 2022 2 mins read

Binance Announces Aptos (APT) Listing, Following Mainnet Launch

Binance recently announced the listing of Aptos (APT) tokens. The exchange will open trading for three spot trading pairs including APT/BTC, APT/BUSD, and APT/USDT. The highly anticipated layer-1 blockchain Aptos (APT) finally launched its mainnet on October 17, after four years of technical development and millions of dollars in funding.

October 18, 2022 2 mins read

Gemini Co-founder Steps Down as Director of Europe Division

The senior leadership of Gemini Europe is experiencing significant changes. Earlier this month, Blair Halliday former managing director of Gemini moved to Kraken. Gemini, a cryptocurrency exchange that Cameron Winklevoss and his twin brother Tyler created in 2014, is now the 10th biggest in the world, according to data compiled

October 18, 2022 1 min read