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Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling
22.3.2024
FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud.
Here's the latest.
The post Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling appeared...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...
Users are moving to Uniswap
22.3.2024
In a blog post, Uniswap Labs informed the community about a transition that involves onboarding users to its wallet service. The team highlighted that almost 55% of the users swapped for the first time after registering with the platform. They also stated that an additional 25% did their first swap...
Coinbase Adds RON Token, Expanding Access for 73 Million Users
22.3.2024
RON gets registered on Coinbase, the biggest US based crypto exchange, rendering its services available to a staggering 73 million users. Users can buy, sell, and hold on to RON in their Coinbase wallets. Coinbase and Ronin have been treading separate paths to increase the freedom factor globally....
Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk
22.3.2024
Researchers have uncovered a significant security vulnerability in Apple's M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers.
The post Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk appeared...
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case
22.3.2024
The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.
The post San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case...
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
22.3.2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government...
Robinhood Wallet opens to Android users worldwide
21.3.2024
Robinhood Wallet is a recently trusted web3 platform that gives customers easy control and ownership over their crypto holdings. Users are granted the ability to obtain the application and employ it at their discretion. Based on a report by Statista, Android holds a market share of 70.1% in...
Floki joins Carbon Browser to reach over 7 million DeFi users
21.3.2024
A partnership between Floki and Carbon Browser has increased the company’s Web3 visibility, in addition to its overall usability and other significant factors. These consist of increased liquidity and availability, which attract more users. It is worth noting that the increase in visibility...
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
The post OKX Ceases Operations in India, Citing Regulatory Hurdles appeared first on Cryptonews
Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss
21.3.2024
Layerswap fell victim to a domain hijacking incident that resulted in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users.
The post Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss appeared first on Cryptonews
FTX Users Seek Return of Crypto Assets, Not Dollars
21.3.2024
In a collection of letters, FTX users around the globe have asked for their coins instead of being reimbursed.
The post FTX Users Seek Return of Crypto Assets, Not Dollars appeared first on Cryptonews
OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns
19.3.2024
OKX has discontinued support for cryptocurrency trading pairs involving Tether's USDT stablecoin for users based in the European Union (EU) and the European Economic Area (EEA).
The post OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns appeared first on Cryptonews
Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore
19.3.2024
Grab, Southeast Asia’s leading e-hailing and food app, is now letting Grab Pay users in Singapore to seamlessly top up their e-wallet balances using cryptocurrencies.
The post Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore appeared first on Cryptonews
Grab’s Singapore Users Can Now Use Crypto to Make Payments
19.3.2024
The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users
Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network
19.3.2024
“We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message
FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing
19.3.2024
The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect FTX's bankruptcy had on their lives
Bitget Wallet Announces Native Token After $30 Million Raise – Here’s The Details
18.3.2024
Bitget Wallet, a cross-chain crypto wallet formerly known as Bitkeep, is launching a native crypto token to reward its early users.
The post Bitget Wallet Announces Native Token After $30 Million Raise – Here’s The Details appeared first on Cryptonews
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users
18.3.2024
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions
Binance Says Nigeria Is Not Yet One of Its Top Markets
16.3.2024
Nigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary...