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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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CryptoCurrency
Bitfinex Defends Crypto despite Industry’s ‘Multiple Crises’ in 2022
Bitfinex attributes its longevity to its dedication to customers' trust.
Tuesday, 20/12/2022 | 20:34 GMT
by
Solomon Oladipupo
CryptoCurrency
US’ CFTC Charges Bankman-Fried, FTX.com and Alameda with Fraud
The regulator said the defendants' action resulted in a loss of over $8 billion.
The CFTC accused Bankman-Fried of manipulating FTX.com's codes to favour Alameda Research.
Tuesday, 13/12/2022 | 19:24 GMT
by
Solomon Oladipupo
CryptoCurrency
Bybit Announces New Job Cut 5 Months after Workforce Trim
About 30% of Bybit's employees will lose their jobs.
The action comes less than one week after Kraken fired 30% of its employees.
Monday, 05/12/2022 | 12:53 GMT
by
Solomon Oladipupo
CryptoCurrency
Crypto Lender BlockFi Files for Bankrupty Protection in the US
The development comes weeks after BlockFi halted customer withdrawals.
The crypto lender owes FTX.US $275 million.
Monday, 28/11/2022 | 18:00 GMT
by
Solomon Oladipupo
CryptoCurrency
Japan’s LINE Shuts Down Crypto Exchange Bitfront, Cites Industry Challenges
The firm wants to focus on LINE blockchain and LINK token.
Bitfront will suspend all withdrawals on March 31, 2023.
Monday, 28/11/2022 | 16:07 GMT
by
Solomon Oladipupo
CryptoCurrency
Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs
The new pairs include USDT/BRL, ETH/BRL and BTC/BRL.
Bitget launched its Brazilian operations over a week ago.
Friday, 25/11/2022 | 20:46 GMT
by
Solomon Oladipupo
CryptoCurrency
Binance Aims for $1 Billion Crypto Recovery Fund
Binance is willing to increase the amount if needed.
Bybit launched a $100 million crypto recovery fund on Thursday.
Thursday, 24/11/2022 | 15:59 GMT
by
Solomon Oladipupo
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CryptoCurrency
Kenya Debates New Crypto Tax Bill
Kenya's Digital Service Tax became effective in January 2021.
UNCTAD recently called for comprehensive financial regulation among developing countries.
Monday, 21/11/2022 | 20:46 GMT
by
Solomon Oladipupo
CryptoCurrency
Singapore’s MAS: FTX Not Licensed, Protection of Local Users Impossible
The regulator noted that FTX operated as an offshore entity.
It reiterated that FTX's local subsidiary Quoine was included in bankruptcy filing.
Monday, 21/11/2022 | 17:15 GMT
by
Solomon Oladipupo
CryptoCurrency
Bitstamp Gains Registration in Spain amidst European Expansion
Bitstamp received a similar approval in Italy four months ago.
Other crypto exchanges are also getting registered in the Southern European country.
Thursday, 17/11/2022 | 21:50 GMT
by
Solomon Oladipupo
CryptoCurrency
FTX Saw ‘Complete Failure of Corporate Controls’ under Bankman-Fried
John Ray III stated this in a new court filing dated Thursday.
Corporate funds were used to purchase homes for employees, the new CEO says.
Thursday, 17/11/2022 | 19:21 GMT
by
Solomon Oladipupo
CryptoCurrency
Abu Dhabi Grants Permission to Binance to Offer Custodial Services
Binance received an MVP license from Dubai's VARA in September.
The exchange gained a crypto license from CySEC last month.
Wednesday, 16/11/2022 | 15:39 GMT
by
Solomon Oladipupo
CryptoCurrency
Cristiano Ronaldo to Release the First NFT Collection on Binance on Friday
Ronaldo signed a multi-year partnership deal with Binance in June.
The NFT collection is based on the footballer's iconic life moments.
Tuesday, 15/11/2022 | 17:39 GMT
by
Solomon Oladipupo
CryptoCurrency
Gate.io Targets New Crypto Exchange GateTR at Turkey’s Crypto Market
Cryptocurrency adoption is high in Turkey.
Gate.io has been expanding its global footprint in 2022.
Monday, 14/11/2022 | 13:43 GMT
by
Solomon Oladipupo
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CryptoCurrency
FTX’s Bankruptcy: AZA Finance Denounces Listing of Its Entities in Filing
AZA Finance said 23 of its entities were erroneously listed in the filing.
FTX listed FTX.com, FTX.US, Alameda Research and approximately 130 affiliated companies.
Saturday, 12/11/2022 | 15:52 GMT
by
Solomon Oladipupo
CryptoCurrency
Mercedes F1 Puts FTX's Sponsorship Deal on Hold, Drops Logo from Cars
FTX entered several sponsorship deals last year.
The troubled crypto exchange has filed for bankruptcy protection in the US.
Friday, 11/11/2022 | 20:26 GMT
by
Solomon Oladipupo
CryptoCurrency
Crypto.com Releases Cold Wallet Addresses of Select ‘Largest Assets’
The exchange's reserve is approximately USD 3 billion.
Binance also published a list of cold wallets of six of its 600 coins.
Friday, 11/11/2022 | 18:39 GMT
by
Solomon Oladipupo
CryptoCurrency
Troubled FTX Files for Bankruptcy as CEO Sam Bankman-Fried Resigns
Bankman-Fried has been replaced by John J. Ray III.
The bankruptcy proceeding includes FTX.com, FTX.US, Alameda Research and 130+ affiliates.
Friday, 11/11/2022 | 15:27 GMT
by
Solomon Oladipupo
CryptoCurrency
FTX Opts for Capital Raise as Alameda Research Winds Down on Trading
Bankman-Fried held talks with Justin Sun, Tron's Founder, report says.
Alameda Research's balance sheet is full of FTX tokens (FTT), a review finds.
Thursday, 10/11/2022 | 16:23 GMT
by
Solomon Oladipupo
CryptoCurrency
Binance to Acquire FTX’s Non-US Assets to Clear Out ‘Liquidity Crunches’
Both Changpeng Zhao and Sam Bankman-Fried announced the deal.
The deal comes on the heel of FTX's struggle with its liquidity and withdrawal backlog.
Tuesday, 08/11/2022 | 18:02 GMT
by
Solomon Oladipupo
CryptoCurrency
Crypto Exchange Coinmetro Plans Europe and US Expansion, Raises $7m
The cryptocurrency exchange closed an interim funding round of EUR 7 million.
Coinmetro wants to use the capital to expand its operations in Europe and the US.
Monday, 07/11/2022 | 13:10 GMT
by
Damian Chmiel
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CryptoCurrency
Gate.io Introduces Own Crypto-Payment Solution, Gate Pay
The free-of-charge payment technology wants to support 130+ tokens.
Gate Pay's role is to "unlock Web3 crypto payments."
Monday, 07/11/2022 | 09:21 GMT
by
Damian Chmiel
CryptoCurrency
LMAX Group Sees Record Growth in Gross Revenue and Profit in 2021
The gross profit jumped 68% to US$106 million in 2021.
Volumes on LMAX Digital reached over $500 billion during the period.
Tuesday, 01/11/2022 | 21:28 GMT
by
Solomon Oladipupo
CryptoCurrency
Bitget Presents "Insights" Social Trading Platform
Bitget Insights offers social trading opportunities and is connected to Bitget Copy Trade.
Trading ideas will be published only by verified traders.
Monday, 31/10/2022 | 12:23 GMT
by
Damian Chmiel
CryptoCurrency
Leo Messi Becomes Bitget Crypto Exchange Ambassador
For Bitget, the new major football partnership is the third one in 2022.
Messi is also cooperating with more than just one crypto brand.
Monday, 24/10/2022 | 15:08 GMT
by
Damian Chmiel
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