The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets.

FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana  SOL $20 network to Ethereum, sparking concerns it could be the beginn...

1 year ago

A parliamentary vote to dismiss the legislator ended in a stalemate, Yonhap reported. Kim Nam-kuk reportedly transferred his WEMIX holding worth $4.5M to evade a new rule.

South Korean Lawmaker in Crypto Scandal Survives Expulsion Vote

1 year ago

Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.

Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion

The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion as they took to social media to question the motiv...

1 year ago

Regulators from Rhode Island have approved X’s application for a currency transmitter license.

Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license, marking a step forward for the company’s foray into the financial services sector.  ...

1 year ago

The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

Digital Currency Group (DCG) has reached an in-principle deal with Genesis creditors to resolve the claims brought up in Genesis' bankruptcy, according to a court filing on Tuesday.

1 year ago

NFT sales vs SEC

SEC Charges Impact Theory Over NFT Sales

Today, Los Angeles-based media conglomerate Impact Theory came under scrutiny after being accused by the Securities and Exchange Commission (SEC) of executing an unregistered sale of crypto asse...

1 year ago

FTX case

FTX claimant data compromised in Kroll ‘cybersecurity incident’

Kroll, the bankruptcy claims agent of collapsed cryptocurrency exchange FTX, suffered a “cybersecurity incident” that compromised certain non-sensitive user data.

1 year ago

Master vs Binance

Mastercard, Binance to end crypto card partnership

LONDON, Aug 24 (Reuters) - Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesp...

1 year ago

Plaintiffs in a new class-action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients and didn’t report it to the police.

Atomic Wallet faces lawsuit over $100M crypto hack losses: Report

A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a major breach and $100 million in losses in June. Dozens of high-net...

1 year ago

The Luxembourg-based exchange said that all other services will remain unaffected.

Bitstamp to Stop Ether Staking in U.S. Amid Regulatory Scrutiny

Bitstamp says it's shutting down its staking service in the U.S. as of September 25 due to the regulatory environment in the country. The Securities and Exchange Commission (SEC) h...

1 year ago