A recently published article on Substack titled "FTX Pre-Mortem Overview" by the embattled former CEO of FTX, Sam Bankman-Fried (SBF), examines the factors that led to the demise of FTX, previously one of the biggest cryptocurrency exchanges. With...
An independent examiner has found that cryptocurrency lender, Celsius, misled its investors and, at times, used new customer deposits to pay for other customers' withdrawals, a hallmark of a Ponzi scheme. Shoba Pillay, appointed by the New York...
Archax, a London-based cryptocurrency exchange, has introduced its digital asset custody service after gaining regulatory approval from the Financial Conduct Authority (FCA). The service, one of few to meet the FCA's high standards for firms dealing in digital...
The trend of Russian residents purchasing ready-to-use cryptocurrency exchange accounts has been growing at an alarming rate, despite the inherent dangers of such accounts. This phenomenon can be attributed to the recent restrictions imposed by trading platforms in...
The Republic of Kazakhstan has made significant progress in regulating the crypto industry with the recent adoption of a bill by the Senate. This new law, known as the "On Digital Assets in the Republic of Kazakhstan," along...
Fantom, a leading blockchain platform, has announced its plans to launch the second iteration of its fUSD stablecoin. This updated stablecoin aims to provide a more cost-effective and predictable system for builders, partners, and users. The new version...
Marinade Finance, the market leader for Solana-based liquid staking derivatives, is taking a bold step to kickstarting a crypto economy for its iteration of staked SOL. The company announced on Tuesday that it would be handing out 160...
A prominent advocate for Bitcoin Cash, Roger Ver, has found himself embroiled in a legal dispute with GGC International, a subsidiary of the now-bankrupt crypto lending firm Genesis. Court documents filed on January 23rd in the New York...
The European Commission has recently announced its plans to publish a bill that will pave the way for the creation of a digital euro and set the foundation for the EU's strategy on virtual worlds. While the European...
It has come to light that Binance, one of the largest cryptocurrency exchanges in the world, has processed a significant amount of transactions for another digital currency exchange known as Bitzlato. According to a report, Binance processed nearly...
