A New York judge has approved a $12.7 billion settlement plan that will see defunct cryptocurrency exchange FTX and its sister firm, Alameda Research, repay their creditors. This settlement, which is part of a larger agreement with the United...
A significant amount of Ether dormant in a wallet linked to the infamous "Plus Token Ponzi 2," appears to be on the move. According to a now-deleted report from blockchain analysis firm Lookonchain, hundreds of wallets that have been...
In response to the recent hack of local crypto exchange WazirX, India's Bharat Web3 Association (BWA) is ramping up efforts to enhance cybersecurity and strengthen consumer protection in the cryptocurrency sector. Local media reports that the BWA has established...
M2, a leading cryptocurrency exchange in the United Arab Emirates, has introduced a new service that enables the country's residents to directly purchase and sell Bitcoin and Ether using their bank accounts. According to a local report, users can...
Defunct crypto exchange Mt. Gox has made significant moves in its ongoing efforts to repay creditors. On Tuesday morning, the exchange transferred 2,239 Bitcoin (BTC), valued at approximately $149 million, to a Bitstamp wallet. This transaction followed two larger...
President Joe Biden's withdrawal from the 2024 presidential race presents a potential opportunity for the United States Democrats to reclaim crypto voters, according to industry commentators. On July 21, Biden officially stepped down, endorsing Vice President Kamala Harris to...
Web3 trading platform Orderly Network has launched its X Cryptocurrency Trading Championship, featuring a substantial prize pool of $175,000 in USDC. The championship is structured as a four-week event, consisting of four distinct week-long ranking sessions. Participants' trading performances...
According to Coinbase CEO Brian Armstrong, cryptocurrency would usher in a future where the global financial system is more efficient, fair, and accessible. In an interview with the Wall Street Journal earlier this week, Armstrong shared his optimistic vision...
Mt. Gox, the once-prominent cryptocurrency exchange infamous for its 2014 hack, has finally begun repaying what it owed to its users after more than a decade of delays and legal proceedings. On July 5, 2024, Mt. Gox announced it...
The U.S. spot Bitcoin ETF market began July with a significant boost, as net inflows reached a promising $129 million on the trading day ending Monday, July 1, 2024. According to data released by Farside Investments on Tuesday, July...
