Wed, October 14

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

FTX U.S and Founder SBF Being Investigated by Texas Officials

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

October 18, 2022 2 mins read

FTX CEO Won’t Spend $1B on Political Races as Claimed Earlier

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.

October 15, 2022 1 min read

Coinbase CEO Brian Armstrong To Sell 2% Stake Next Year

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

October 15, 2022 1 min read