FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

FTX, the bankrupt cryptocurrency exchange that was run by Sam Bankman-Fried, said it expects to fully repay its customers, according to a 

7 months ago

Binance claims code leak on GitHub is ‘outdated,’ poses minor risk

Binance claimed the information was a “negligible risk” to users, but an earlier GitHub takedown request said it was a “significant risk” to the exchange.

Binance claims code leak on GitHub is ‘outdated,’ poses minor risk

Crypto exchange Binance has refuted a report claiming a “highly sensitive” cache of internal passwords and code had been exposed on GitHub for months — arguing the code was out...

7 months ago

Tether launches educational program aimed at developing Web3 skills

Stablecoin issuer Tether (USDT) is launching an educational program called Tether Edu.

Tether launches educational program aimed at developing Web3 skills

According to the Tether’s announcement, as part of Tether Edu, the company will increase the availability of digital product development skills and coordinate various educational prog...

7 months ago

UAE and China Complete First $13.6M Cross-Border CBDC Transaction

Project mBridge for Multi-CBDC Cross-Border Transactions

UAE and China Complete First $13.6M Cross-Border CBDC Transaction

The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital...

7 months ago

FTX’s $400M hack linked to SIM-swap attack, feds charge 3

Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job.

FTX’s $400M hack linked to SIM-swap attack, feds charge 3

Three individuals charged by United States prosecutors for orchestrating a series of SIM-swap attacks have been linked to the $400 million hack of FTX in 2022 that occurred just hours after it f...

7 months ago

Belarusian-Cypriot National Charged by US for Operating Unlicensed Crypto Exchange BTC-e

Belarusian and Cypriot national has been charged in the US for operating an unlicensed cryptocurrency exchange BTC-e and money laundering conspiracy, according to the Department of Justice (DOJ).

Belarusian-Cypriot National Charged by US for Operating Unlicensed Crypto Exchange BTC-e

Aliaksandr Klimenka and Alexander Vinnik, allegedly controlled the digital currency exchange BTC-e, with others between 2011 and July 2017. BTC-e primarily targeted the Russian market ...

7 months ago

Singapore High Court greenlights DeFiance Capital suit against 3AC

At issue is whether funds held by 3AC were in trust for DeFiance Capital or owned by the bankrupt crypto hedge fund.

Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has rejected an application by bankrupt crypto hedge fund Three Arrows Capital (3AC) to dismiss the suit brought against it by Cheong Jun Yoong, otherwise known as Ar...

7 months ago

Celsius exits bankruptcy, commences return of over $3B to creditors

Crypto lender Celsius’ exit from bankruptcy follows over 18 months after it halted withdrawals and collapsed in 2022.

Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius has emerged from Chapter 11 bankruptcy in the United States and is set to start distributing $3 billion worth of crypto and fiat to creditors, along with launching a new Bitcoin min...

7 months ago

Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop

Some traders may have speculated on the price of the wrong token, while a 17-year-old trader claims to have raked in $1 million in airdrops of the actual Jupiter token.

Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop

A seven-year-old defunct Ethereum-based protocol may have briefly benefitted from the $700 million airdrop for Solana-based exchange aggregator Jupiter due to its similar price ticker.

7 months ago

Visa enables crypto withdrawals on debit cards in 145 countries

MetaMask users can now sell crypto directly to a Visa card, which eliminates the need to use centralized exchanges.

Visa enables crypto withdrawals on debit cards in 145 countries

Global payment giant Visa is doubling down on cryptocurrency adoption by enabling another method to exchange crypto to fiat currencies without using a centralized exch...

7 months ago

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