FTX Issues Clarification on Backpack’s Acquisition and Fund Repayment Claims
Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm,…
Departing SEC Chair Warns of Bad Actors in Crypto Market
Gary Gensler has described the cryptocurrency market as “rife with bad actors.” The top financial cop made the…
Gemini Trust Settles CFTC Lawsuit for $5M Over Bitcoin Futures Contract Allegations: Report
Gemini Trust Co. has agreed to pay $5 million to settle a Commodity Futures Trading Commission (CFTC) lawsuit…
US Prosecutors Estimate Over 1 Million Victims in Do Kwon Crypto Fraud Case
U.S. prosecutors pursuing criminal charges against Terraform Labs co-founder Do Kwon have estimated that the collapse of the…
Fed Vice-Chair Michael Barr Resigns Amid Accusations of Impacting Crypto Banking Services
U.S. Federal Reserve Vice-Chair for Supervision Michael Barr has announced his resignation from the position ahead of President-elect…
Vitalik Buterin Donates 50 ETH to the Legal Fund of Tornado Cash Developers
Ethereum co-founder Vitalik Buterin has made a contribution to the legal defense fund for Tornado Cash developers Roman…
ai16z Explores AI-Focused L1 Blockchain as Token Hits $1.8B Market Cap
Artificial intelligence platform ai16z is contemplating launching a layer-1 (L1) blockchain network as part of a strategic overhaul…
Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In…
Bitget’s Token Merge and Burn Boost BGB by 22%, Reaching New ATH
Bitget, a Seychelles-based crypto exchange, has unified its native cryptocurrencies, Bitget Token (BGB) and Bitget Wallet Token (BWB),…
SBI VC Trade Completes Acquisition of Hacked Crypto Exchange DMM Bitcoin Assets
SBI VC Trade, a crypto-focused subsidiary of Japan’s financial giant SBI Holdings, is set to inherit the accounts…