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BitMEX increases accelerated withdrawals to 5 BTC per transaction
20.2.2023
BitMEX, a prominent cryptocurrency exchange in the United Kingdom, has recently launched its accelerated withdrawal feature. The platform previously only supported once-per-day withdrawals. Now, users can withdraw BTC every hour with the newly rolled-out feature. According to the latest post...
Hedge fund closes operations after losing funds in FTX exchange: Report
20.2.2023
Galois Capital will return 90 percent of the funds that are available to investors and will hold on to the remaining 10 percent temporarily
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
Crypto’s next bull run will come from the East: Gemini co-founder
20.2.2023
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges
20.2.2023
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried
19.2.2023
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million,...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...
Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’
19.2.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are...
No businesses are for sale, says Blockchain.com
18.2.2023
Financial services firm Blockchain.com doesn't deny recent efforts to raise capital, but disputes claims about selling assets
NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax
18.2.2023
The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties....
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Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange
18.2.2023
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known...
Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report
18.2.2023
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply...
Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status
18.2.2023
Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency...
Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors
18.2.2023
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former director...
DexibleApp aggregator hacked for $2M via 'selfSwap' function
17.2.2023
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list
Arbitrum Native Decentralized Exchange Camelot Growing Massively in February
17.2.2023
The price of GRAIL, the native token for Camelot, has soared 520% since Feb. 1, per CoinGecko
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
17.2.2023
The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial...
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....