Ethereum co-founder Vitalik Buterin has once again conducted a high-value cryptocurrency transfer; this time, it is a $14.9 million USD Coin (USDC) transaction to cryptocurrency exchange Gemini. This transaction occurred on October 16 and was tracked by blockchain...
Customers of the bankrupted cryptocurrency exchanges FTX and FTX.US may recover over 90% of their trapped assets under a proposed bankruptcy settlement announced on October 17, 2023. This settlement deal between FTX and its creditors outlines a plan...
California Governor Gavin Newsom has officially signed into law the Digital Financial Assets Law, a controversial bill that establishes a regulatory framework for cryptocurrency companies operating within the state. The legislation, passed by California's legislature in September 2023,...
Haru Invest, a South Korean cryptocurrency platform, has announced plans to suspend its server operations just months after freezing customer withdrawals in June 2023. In an announcement made on October 16, Haru Invest CEO Hugo Lee revealed the...
The primary address linked to the infamous Uranium Finance hack of April 2021 has once again moved to transfer a substantial amount of stolen cryptocurrency funds. According to Peck Shield, a leading blockchain security firm, the hacker successfully...
The price gap between shares of Grayscale Bitcoin Trust (GBTC) and the trust's underlying Bitcoin holdings has narrowed to its lowest level in 22 months. On October 13, 2023, GBTC shares traded at a 15.87% discount to the...
The ongoing criminal trial of FTX founder Sam Bankman-Fried, known as SBF, took a dramatic turn on October 11, 2023, as new allegations of bribery and deception emerged. Former Alameda Research CEO Caroline Ellison testified against Bankman-Fried, claiming...
iFinex, the parent company of the crypto exchange Bitfinex, has reportedly announced plans to repurchase $150 million worth of its shares, which were initially issued as compensation to users affected by Bitfinex's 2016 hack. According to Bloomberg, iFinex...
The European Securities and Markets Authority (ESMA), the EU's top financial regulator, has published a new report assessing the potential advantages and notable risks associated with the DeFi (Decentralized Finance) ecosystem. In the 22-page analysis, ESMA acknowledges the...
Long-term cryptocurrency investors are relentlessly accumulating Bitcoin, thus driving the token's supply scarcity and illiquidity, says blockchain intelligence firm Glassnode. In its latest weekly report, the blockchain analytics firm published that data shows "HODLers," investors with wallets holding...
