In a transaction finalized last month, FTX US acquired Voyager Digital’s assets. FTX US is not licensed by the Texas Department of Banking as per the complaint. According to a court filing, Texas officials are now looking into FTX CEO Sam Bankman-Fried in the Voyager case. Moreover, according to Texas
Sam Bankman-Fried, CEO of FTX and a crypto billionaire, made the audacious assertion in May that he will spend $1 billion or more on political contributions before the 2024 US presidential election. According to information from OpenSecrets, if Bankman-Fried had spent that much on politics in the most recent election.
As of the 2022 proxy statement, he had a 16.1% investment in Coinbase. Shares of Coinbase (COIN) dropped by more than 8% on Friday. Brian Armstrong, CEO of Coinbase, said on Saturday that he would sell his 2% ownership in the company over the next year to fund research and
Interest rates on these loans will be between 5% and 10%. In a blog post, the exchange announced its plans to provide cloud mining services. Binance, a prominent cryptocurrency exchange, has been charging forward with several different projects despite the weak market. The Bitcoin (BTC) mining business has once again
According to OFAC head Andrea Gacki, national security is put at risk. Bitmex, a crypto derivatives exchange, was fined $100 million by FinCEN last year. Bittrex, a cryptocurrency exchange situated in Washington State, was hit with charges from the Financial Crimes Enforcement Network and the Office of Foreign Assets Control
Binance has not abandoned its support for the Terra Classic currencies. Over the past week, the price of USTC has increased by over 65%. Binance, the biggest cryptocurrency exchange in the world, has added TerraClassicUSD (USTC) as a borrowable asset to its Binance Loan service. Demonstrating its continued commitment to
At the moment, over 1,200 crypto trading pairings are available on KuCoin. As of now, investors in over 200 nations may make use of it. KuCoin, a leading cryptocurrency exchange platform, has announced a series of events to mark the company’s fifth anniversary and the global launch of many new
It would begin accepting cryptocurrency payments in the first quarter of 2023. Coinbase’s commerce service now supports 10 different digital currencies. Google’s latest partnership is a show of support for digital currencies. The number of countries using cryptocurrency has been growing recently. Several major corporations are also beginning to see
Singapore has granted cryptocurrency licenses to around 15 applicants. Coinbase recently declared the expansion of its services in Australia with two new features. The most prominent centralized cryptocurrency exchange, Coinbase, announced that it has obtained an “In-Principle Approval (IPA)” which the central bank introduced for cryptocurrency companies last year. With
The importance of cryptocurrency exchanges, as a major funding and trading channel for investors is self-evident. Only by providing users with the best quality experience and the most secure services, can they gain users’ trust and choice. As a leading cryptocurrency trading platform, CoinW Exchange has maintained the highest standards
