Fusion Digital Assets, a wholesale exchange for crypto assets run by the TP ICAP group, has been registered with the UK Financial Conduct Authority (FCA). The traditional financial giant has decided to break into the world of cryptocurrency and...
Nigeria's finance ministry is currently drafting a "Finance Bill 2022" that includes taxes on digital assets, cable undertakings, lottery, and gaming businesses. This was disclosed during a virtual National Executive Council (NEC) meeting presided over by Vice President Yemi...
In an interview with Bloomberg, Sam Bankman-Fried (SBF) admitted that he had allowed Alameda Research to violate FTX margin restrictions. He admitted that a post-LUNA crash meeting had taken place during which they discussed what to do about Alameda's...
Many cryptocurrency exchanges have adopted Proof-of-Reserves (PoR) to demonstrate transparency and reassure concerned users about the safety of their assets. Crypto analyst Martin Hiesboeck, however, maintains that PoR can be easily manipulated or misrepresented. He argued that PoRs are...
The United States Trustee overseeing FTX's bankruptcy proceedings has called for an independent investigation into the exchange's collapse. U.S. Trustee Andrew Vara stated in a December 1 motion that within eight days in November, debtors suffered a virtually unprecedented...
Ankr Protocol confirmed today via their Twitter handle that its aBNB token had been exploited. According to data from BscScan, a blockchain explorer, the hacker minted over $4 billion of Ankr-wrapped BNB ($aBNBc). The firm is working with exchanges...
On November 30, Pavel Durov, the founder of Telegram, announced plans to develop a set of decentralized tools on Telegram. These tools will include non-custodial wallets and decentralized exchanges. Pavel Durov tweeted: "Telegram's next step is to build a...
On Wednesday at the New York Times Dealbrook Summit, Sam Bankman-Fried (SBF), the former CEO of the defunct crypto exchange FTX, denied intentionally combining customer assets with those held by Alameda Research, his proprietary trading company. Sam Bankman-Fried, in...
Shiba Inu, a popular meme token, got listed on the Bitcastle cryptocurrency exchange yesterday. The exchange sent a notification to its users saying the token would be available for trading on the platform. There's a bonus campaign ongoing to...
Chainlink, a blockchain oracle, has released a new update to its V1 beta staking feature, launching on the 6th of December. This new development was announced this morning via the firm's Twitter account. The beta program's lockup period was...
