The motive behind the transactions has triggered speculation within the broader crypto community.

Voyager’s token transfer to Coinbase sparks sell-off suspicions

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether, worth around $2.77 million and an additional 250 billion Shiba Inu, worth roughly $2.7 million, to crypto exchange Coinbas...

1 year ago

The former FTX CEO has swapped his parent’s cozy Stanford home for the Metropolitan Detention Center in Brooklyn, which isn’t known for its comforts.

Sam Bankman-Fried spends 3rd night in notorious New York jail

Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New York’s most notorious jails — a far cry from his parents’ m...

1 year ago

The Cryptocurrencies Hub is key for PayPal to reinvent itself as a crypto-inclusive platform. The service will allow for the sale and purchase of cryptocurrencies, among other functionalities.

PayPal to roll out Cryptocurrencies Hub for select users

Payments giant PayPal, which recently launched the dollar-backed stablecoin PayPal USD (PYUSD), updated its terms and conditions to introduce Cryptocurrencies Hub — a feature tha...

1 year ago

Binance Labs

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking p...

1 year ago

Crypto Fraud Scheme Organizers Face Legal Action by CFTC in Florida, Louisiana, and Arkansas

The Commodity Futures Trading Commission (CFTC) has taken legal action against four individuals and their organization, Fundsz, for their involve...

1 year ago

Open interest or the dollar amount locked in open SHIB futures contracts has topped $100 million for the first time since February.

A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu

Investors are again pouring money into meme-focused cryptocurrency Shiba Inu (SHIB) in a sign of caution for bitcoin (BTC) traders. Open interest in Binance's SHIB futures has more...

1 year ago

A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia.

An ETF will bring a revolution for Bitcoin and other cryptocurrencies

But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the crypto market. Their main beef? There&r...

1 year ago

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

The United States Securities and Exchange Commission (SEC) has delayed a decision on approving or disapproving the spot Bitcoin exchange-traded fund proposed by ARK Investment Management.

1 year ago

The football club has been keen on creating nonfungible token collections for much of the past year.

FC Barcelona secures $132M investment for blockchain and NFT venture

Spanish football club FC Barcelona has secured a &e...

1 year ago

The task force is a part of the Bank of International Settlements’ Committee on Payments and Market Infrastructure.

Ripple joins BIS cross-border payments task force

The Bank for International Settlements (BIS) recently announced a cross-border payments interoperability and extension (PIE) task force that includes blockchain-based digital payment network Rip...

1 year ago