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...The globally recognized trading platform is reportedly making efforts together with a legal compliance agency to return all recovered funds. Binance chief executive officer Changpeng Zhao “CZ” published in the earlier hours of Friday that the trading protocol has placed a restriction and retrieved over $450,000 of the total
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Ripple Lab has reportedly declared interest in buying the assets of Celsius Network. According to Reuters, a spokesperson of the blockchain firm had revealed this after Celsius filed for bankruptcy, noting that the assets will help them. “We are interested in learning about Celsius and its assets, and whether any
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Largest stablecoin issuer, Tether (USDT) has joined other prominent networks to drum up support for the upcoming Ethereum Merge. Tether’s support is coming after Circle Pay indicated interest in the Merge. Both networks have a prominent hold over the Ethereum network. In a blog post titled “USDT Supports ETH
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The United States Treasury Department has blacklisted Tornado Cash, a popular crypto mixing service, urging all Americans to desist from using the decentralization network. The Office of Foreign Assets Control (OFAC), had on Monday added Tornado to its Specially Designated Nationals list - a tally of blacklisted people, entities and
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Tesla CEO, Elon Musk has accused Twitter of fraud in a lawsuit filed on July 29, 2022. According to a report by a Washington Examiner, Musk argued that the microblogging platform’s true value was much lower than the amount he had agreed to pay. It would be recalled that
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Times are somewhat delicate for Circle Internet Financial, the issuer of a stablecoin called USD Coin (USDC), as its venture capital division is said to be a major backer of two crypto projects that were hacked this week. In the hacks, nearly $200 million was stolen from Nomad, a cross-chain
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Henri Arslanian, the crypto head of Big Four accounting firm PwC has reportedly left his role at the company and moved to Dubai in hopes of setting up a $75M digital asset fund in the Middle East country. According to Financial Times, Arslanians’s new fund - Nine Block Capital
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The Solana ecosystem has become the latest to be hit by malicious attackers. This comes 24 hours after the Nomad cross-chain was attacked and over $190 was stolen. Solana users have been reporting that their coins in internet hot wallets such as Phantom, Slope and Trust Wallet were wiped off
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Michael Bacina explained in an interview that the scrutiny may cause a “serious and chilling” impact on trading protocols and related token programs. A news article by Bloomberg disclosed that the exchange protocol Coinbase is under scrutiny from the Securities and Exchange Commission to ascertain if it permits US shareholders
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Although Binance purchased CoinMarketCap right after the major 2017 digital currency plunge, the existing bear market situation is not conducive for the sale of CoinGecko, the protocol’s second in command explained. CoinGecko, amongst many other crypto platforms, has been impacted by the harsh conditions of the crypto market; however,
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The United States Security and Exchange Commission (SEC) Chairman Gary Gensler has highlighted his thoughts on the deregulated digital currency space. Gensler posted a video on his Twitter page, comprehensively outlining the threatening nature of crypto trading platforms to users' security while restating the necessary impact of getting these
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El Salvador’s minister of finance, Alejandro Zelaya, has told Bloomberg that the bitcoin utilization as a recognized medium of exchange has productively impacted the unbanked masses. Although there was a recorded 50% deficit during the nation's attempt to buy bitcoin, the move has helped to enhance tourism