Fri, September 12

Frozen FTX and Alameda Assets Worth $157M To Be Returned by OKX

After a recent petition filed in the FTX bankruptcy proceedings. Leading cryptocurrency exchange OKX detailed intentions to restore frozen digital assets related to Sam Bankman-Fried’s crypto firms, FTX and Alameda Research. The Seychelles-based exchange said that it has launched an inquiry into FTX to ascertain whether or not the company

March 31, 2023 1 min read

European Division of Defunct FTX Exchange Restores Withdrawal

Investors in FTX are still reeling from the platform’s bankruptcy and the ensuing uncertainty about the future of their assets on the platform. Nonetheless, for the time being, European consumers have a window of opportunity to withdraw funds. The European branch of the cryptocurrency exchange, known as FTX EU, has

March 31, 2023 2 mins read

Binance’s Net BTC and ETH Outflow Post CFTC Lawsuit Quite Consistent

The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s

March 31, 2023 1 min read

Justin Sun Led Huobi Global Announces Strategic Alliance With Gala Games

Huobi Global, a cryptocurrency exchange led by Tron founder Justin Sun, has announced a strategic alliance with Gala Games, a blockchain-based play-to-earn gaming platform. The corporations want to work together on Web ecosystem growth, community creation, and investment in leading Web3 initiatives. On March 31st, Huobi announced on its official

March 31, 2023 1 min read

Former FTX CEO SBF Pleads Not Guilty of Bribing Chinese Authorities

Former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty on Thursday to additional charges of conspiracy to violate campaign finance regulations and bribe Chinese authorities.  Earlier, the 31-year-old crypto tycoon pleaded not guilty to eight charges of fraud and conspiracy through his attorney Mark Cohen, in which he is accused

March 31, 2023 2 mins read

Kraken Strikes Sponsorship Deal With Williams Racing F1 Team

This weekend marks the beginning of the Kraken and Williams Racing cooperation. Which will bring the exchange’s brand in front of millions of new eyes. One of the biggest cryptocurrency exchanges, Kraken, said on March 28 that it has signed a sponsorship deal with Williams Racing, one of the four

March 30, 2023 2 mins read

Crypto Exchange OKX Eyes Expansion of Operations in Australia

OKX, a cryptocurrency exchange located in Seychelles, has indicated its desire to begin offering its services in Australia. The exchange sees Australia as a promising market for the next wave of cryptocurrency adoption. In a statement released on March 29th, the trading platform said that Australia will be an important

March 30, 2023 2 mins read

Crypto Exchange Beaxy Shuts Down Operations Post-SEC Charges

The cryptocurrency platform Beaxy and its management are facing accusations from the Securities and Exchange Commission (SEC). This is for allegedly failing to register as an exchange, broker, or clearing agency. The finance regulator has taken another step in its unprecedented onslaught on US cryptocurrency businesses. Beaxy Digital Ltd, was

March 30, 2023 2 mins read

Binance to List Radiant Capital’s RDNT Token, Price Surges 24%

Arbitrum’s native lending protocol, Radiant Capital, is analogous to other popular protocols like AAVE and Compound. Unlike more conventional lending protocols, however, Radiant’s lending service is cross-chain enabled. Collateral posted on chain A may be used as security for a loan on chain B. Radiant’s scalability in terms of blockchains

March 30, 2023 2 mins read
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