Although the rate of growth has slowed after the initial launch rush, Coinbase’s incubated initiative Base Network is still showing consistent progress. At the time of publishing, L2Beat statistics showed that Base’s Total Value Locked (TVL) was close to $734 million, up 4.63% from the previous week. From $592 million
The asset management business Ikigai said that it had liquidated its claim in the bankruptcy proceedings of FTX, after disclosing that a significant portion of its hedge fund’s assets had been held by the exchange at the time of its downfall. Travis Kling, chief investment officer of Ikigai, said on
Bybit, the most trusted cryptocurrency exchange in the world per CoinGecko, has unveiled a powerful suite of free AI trading tools that are intended to transform the cryptocurrency trading industry. Bybit is grouping its range of AI solutions into a new Trading Tools category in an audacious attempt to democratize strategy
With a focus on community involvement and recognition, Binance, the biggest cryptocurrency exchange by trading volume and the world’s leading blockchain ecosystem, has planned a wide variety of holiday-themed activities and events. With a number of live events held in different places throughout the globe, Binance kicked off its worldwide
Trading in crypto can be lucrative but comes with some risks. The investors need to do what they can to mitigate those risks and make their decisions more data-based. Plenty of tools are available to help you understand and analyze the crypto market. This article will review some of the
Binance and Changpeng Zhao (CZ), the ex-CEO of the crypto exchange, have been ordered by a U.S court to pay $2.7 billion and $150 million, respectively, to the U.S Commodity Futures Trading Commission (CFTC). The settlement has been approved by the court, according to the CFTC. After reviewing their actions,
The largest supplier of blockchain and cryptocurrency infrastructure in the world, Binance, is happy to announce that its worldwide platform and technology services have successfully completed the System and Organization Controls (SOC) 2 Type II compliance audit. This accomplishment is the most recent manifestation of the organization’s steadfast dedication to
New pay documentation reveals that in the three months ending October 31, the now-defunct cryptocurrency exchange FTX spent around $53,000 per hour on bankruptcy attorneys and advisors. The bankruptcy attorneys have charged a minimum of $118.1 million from August 1st to October 31st, according to court documents filed between December
In an updated Chapter 11 plan of reorganization, the creditors of the bankrupt FTX crypto exchange have said that the value of client asset claims would be adjusted backwards to the date of the firm’s collapse in November 2022. The debtors recently said in a court filing in the U.S
During a bankruptcy hearing, a federal judge acted to resolve a long-running disagreement between FTX and its biggest creditor, suggesting the court may attempt to expedite the recovery of FTX customers’ monies from the estate of the defunct cryptocurrency exchange. The crypto exchange’s outstanding balance with the Internal Revenue Service
