Wed, October 14

Torobase: A Forefront Leader in Trading for 2023

In the dynamic landscape of 2023’s global trading platforms, Torobase has steadily established itself as a vanguard. Its defining features resonate with modern traders, emphasizing efficiency, security, and transparency. Here’s a comprehensive overview, detailing its edge in the market. Seamless Integration and Universal Access The importance of accessibility cannot be

September 17, 2023 3 mins read

FTX Fixes Claims Portal With New Security Mechanisms Post Exploit

After a serious cyberattack, FTX has finally fixed its claims site. Kroll, FTX’s third-party agency managing creditor claims, was the planned victim. However, FTX responded quickly, freezing impacted user accounts as a preventative action to guarantee the safety of its customers. Interestingly, a technique known as “SIM swapping” was the

September 17, 2023 1 min read

U.S SEC Pushes To Disclose Sealed Documents in Binance Lawsuit

The United States SEC recently submitted evidence against Binance U.S in the ongoing action, demonstrating the exchange’s failure to comply in compliance with a previously negotiated consent order. In a separate development, Binance U.S has argued that the SEC’s demands are uncalled for in an emergency restraining order. After filing

September 15, 2023 2 mins read

Crypto Exchange Remitano Reportedly Exploited of $2.7 Million

The crypto exchange Remitano had a security breach yesterday. Suspicious activity was observed with the withdrawal of over $2.7M in cryptocurrency. Amidst the chaos, Tether took prompt action, freezing $1.4 million. At around 12:45 PM, an alert was generated when a verified Remitano hot wallet began transmitting funds to an

September 15, 2023 1 min read

Crypto Exchange Huobi Rebrands as ‘HTX’ on 10th Anniversary

In a contentious marketing effort for its 10th anniversary, crypto exchange Huobi is changing its name from “Huobi” to “HTX.” The name change was announced by Huobi on September 13. The “H” stands for Huobi, the “T” for Justin Sun’s Tron blockchain project, and the “X” stands for the exchange

September 13, 2023 1 min read

Binance.US CEO Resigns Amid Second Layoff This Year

Binance.US CEO Brian Shroder has stepped down, and Chief Legal Officer Norman Reed has been appointed to lead the company in the interim. In response to the severe regulatory crackdown by the United States SEC, Binance.US has reduced its workforce by roughly 100 employees. The U.S arm of Binance, which

September 13, 2023 1 min read

SBF’s Legal Team Requests Prison Release Over Internet Access Issues

Lawyers for FTX ex-CEO Sam Bankman Fried (SBF) have asked for him to be released from federal prison before his trial because of a lack of reliable internet access there. The defense team for SBF claimed that a slow internet connection prevented them from properly preparing their case. The legal

September 12, 2023 2 mins read

Insolvent FTX Eyes Funds Recovery Paid to Athletes and Leagues

The new FTX administration has consulted with financial experts to determine whether or not it is possible to recoup the millions of dollars that were distributed to athletes, teams, and organizations for promoting the defunct cryptocurrency exchange. Moreover, according to court documents cited by Bloomberg, experts are looking into whether

September 10, 2023 1 min read

Coinbase Targets Global Expansion Searching for Regulatory Clarity

Given the relative clarity of national crypto legislation, Coinbase has identified many nations outside the United States as potential future hubs for its business. On September 6th, Coinbase’s international VPs Nana Murugesan and Tom Duff Gordon wrote a blog post identifying the European Union (EU), United Kingdom (UK), Canada, Brazil,

September 8, 2023 1 min read