Binance Labs, the investment division of the crypto exchange Binance, has reportedly achieved a historical return on investment of up to 2,100%. According to a recent blog post, the total assets under the firm's management have reached $7.5 billion. ...
OKX, a cryptocurrency exchange known for its high trading volume, has just released its second Proof-of-Reserves (PoR) report. This report allows users to verify that OKX has sufficient assets to cover customer withdrawals. According to the report released on...
The Securities and Exchange Commission (SEC) has announced in a press release that Dan Berkovitz, the General Counsel of the United States Securities and Exchange Commission (SEC), will be leaving the agency, effective January 31st, 2023. Megan Barbero, Principal...
FTX Group has requested that an American bankruptcy judge in the District of Delaware intervene in an international dispute involving more than $440 million in Robinhood Markets shares linked to Alameda Research. The exchange, led by new CEO John...
Three digital asset companies have received warnings from the Philippine Securities and Exchange Commission. The companies include GameLoot, PH-IGM, and Vertex Evo Trading. The Securities Commission pointed out that these firms had violated the securities laws in the country. ...
On Wednesday, the U.S. Securities and Exchange Commission (SEC) filed a complaint stating that FTX's exchange token, FTT, was sold as an investment contract and is considered a "security." This move is expected to have significant implications for the...
Caroline Ellison, the former CEO of Alameda, has been granted bail by the United States Department of Justice after pleading guilty to criminal charges related to the collapse of FTX. Ellison is facing a total of seven charges, including...
The United States Securities and Exchange Commission (SEC) has announced plans to increase oversight of audit firms that work with cryptocurrency companies. In an interview with the Wall Street Journal, Paul Munter, the SEC's acting chief accountant, warned investors...
Sam Bankman-Fried (SBF), the founder of the now-bankrupt cryptocurrency exchange FTX, has finally arrived in the US. He is set to appear in a New York City court later today, where he will face charges that could result in...
The cryptocurrency market has remained stagnant, with Bitcoin stuck below the $17,000 mark and showing minimal movement. Earlier this week, Bitcoin experienced a significant correction as its value plummeted to a three-week low of $16,300, and this trend is...
