October 3 marked the start of the trial against Sam Bankman-Fried, the founder of the cryptocurrency platform FTX, in federal court in Manhattan. This trial focuses on charges of fraud and money laundering. The first session was largely devoted to jury selection, and as anticipated, Bankman-Fried…
Read More...
Browsing Tag
cryptocurrencies
September emerged as the worst month for cryptocurrency exploits
September stands as the worst month of 2023 in terms of cryptocurrency-related exploits. During this month, a serious setback was recorded with the theft of $329.8 million in digital assets.
CertiK, a blockchain security firm, noted that…
Binance officially quits Russian market
The leading global cryptocurrency platform, Binance, made public its withdrawal from the Russian market and the transfer of its operations in the country to the Russian firm CommEX. This process is projected to take approximately one year.…
Argentine Patagonia will be a cryptocurrency mining center
The company Tecpetrol is looking for a use for the gas derived from oil extraction in Argentine Patagonia. Cryptocurrency mining is an option.
This was announced by the company recently, stating that the project will be developed in the…
ByBit suspends operations in the United Kingdom market
The upcoming regulations that the Financial Conduct Authority will apply in the United Kingdom have caused the ByBit cryptocurrency platform to stop activities in the territory.
According to information in the local media, the new…
Cryptocurrency adoption increases in India
The adoption of cryptocurrencies in India has increased to the point of positioning the country as second in this market, according to a report by Chainalysis.
Data from this platform shows “Central, Southern and Oceanic Asia (CSAO) as one…
Withdrawals in cryptocurrencies amount to about $500 million
Over the past few months, the flight of investment capital from crypto funds has been a growing concern in the sector. Indeed, in the last nine weeks, it is estimated that around $500 million has been withdrawn.
According to data provided…
Deutsche Bank to offer cryptocurrency custody and tokenization services
Germany's largest bank, Deutsche Bank, announced that it will offer cryptocurrency custody and tokenization service after signing an alliance with the Taurus platform.
The German bank's interest in digital assets became palpable in 2021.…
BinanceUS could face a new legal dispute against the SEC
Binance.US, the cryptocurrency exchange, faces a serious legal dispute with the United States Securities and Exchange Commission (SEC) due to alleged irregularities in its services. The SEC accused the company of failing to adequately…
Analysts predict price crisis for Bitcoin in 2024
The cryptocurrency analyst company Seth Fin, taking into account the fluctuations that the price of Bitcoin has had in recent months, predicts what they define as a “storm” in 2024.
The firm noted on its account on the social network
But…
CoinEx guarantees 100 % compensation after the latest hack
Cyvers Alerts revealed a disturbing incident at CoinEx Exchange. In this event, valuable crypto assets, such as ETH, TRON, MATIC, and others, were mysteriously transferred from CoinEx hot wallets to unknown addresses, sparking serious…
United States: An inhospitable terrain for cryptocurrencies according to Ripple CEO
In a forceful statement, Brad Garlinghouse, CEO of Ripple, pointed out the United States as one of the least favorable places to establish a cryptocurrency company today. This statement occurred during his participation in the 2049 Token in…