Two senators, Elizabeth Warren (D) and Chuck Grassley (R) have formally asked Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), for information. Sam Bankman-Fried (SBF), the former chief executive officer of the collapsed crypto exchange FTX, is at the focus of the demand. FTX went bankrupt in November
The next Bitcoin (BTC) halving event is the subject of a new commercial that crypto exchange Coinbase has released. This event is set to take place on April 19, 2024. The advertisement underlines the key distinctions between Bitcoin and other currencies in an effort to educate the public about the
The Financial Sector Conduct Authority (FSCA) of South Africa has awarded VALR, the Pantera-backed cryptocurrency exchange with its headquarters located in Johannesburg, both a Category I and Category II license to operate as a Crypto Asset Service Provider (CASP). With this accomplishment, VALR becomes one of the first platforms for
An assault on KuCoin’s Turkey X account occurred on Saturday, April 13, making exchange seem like the latest victim of a cyber assault. The hackers then proceeded to utilize the KuCoin Turkey account on X to make further fraudulent announcements in an effort to deceive more people after the breach.
Crypto exchange Coinbase has asked a U.S court to review a particular “controlling question” that the SEC brought up in its continuing litigation against the exchange. Coinbase argued in a filing with the U.S. District Court for the Southern District of New York on April 12. The filing mentioned: “The
As the second quarter of 2024 approaches, cryptocurrency is continuing to gain significant traction, as shown by the industry’s major measures, which are all comfortably in the green. The measures that indicate strong adoption and usage trends are the most significant among them. Growing inflows into Binance earlier this month have helped
Crypto exchange Coinbase has announced that customers in the United Kingdom may now use Apple Pay on their iPhones to purchase Bitcoin, Ethereum, and other cryptocurrencies. The goal of this change is to make online shopping more private and safer. Coinbase states that the integration of Apple Pay guarantees that
One of the top three cryptocurrency exchanges in the world by volume, Bybit, has introduced TOKEN2049 CryptoFest, a brand-new event that promises to be an exciting start to this year’s worldwide crypto conference. Traders will compete for a $100,000 USDT prize pool in this event. Experienced traders and passionate beginners
A major win in an ongoing trial has been made by crypto exchange Coinbase. Confirming that Coinbase’s platform does not violate the Securities Exchange Act, the U.S. Court of Appeals for the Second Circuit ruled in favor of the exchange. Many individuals throughout the country who used Coinbase to trade
In an effort to settle the debts incurred by the defunct cryptocurrency exchange, the FTX estate sold Solana (SOL) tokens valued at around $1.9 billion. According to Bloomberg, which cites sources familiar with the case, FTX’s estate sold off almost two-thirds of the SOL lot. There were as many as
