FTX, a crypto platform founded by Sam Bankman-Fried, has been struggling since November 2022, causing other crypto companies such as Celsius and Voyager to collapse. John J. Ray III took over operations and promised to guide the company through bankruptcy and maximize recoveries for stakeholders. Court documents revealed FTX’s blueprint for a strategic “management and […]
SIM swap attacks have become a major security threat for crypto owners, with over $13.3 million in crypto stolen from 54 SIM swaps in the past four months. These attacks are successful because many victims only use SMS two-factor authentication (2FA) to protect their accounts. In a SIM swap attack, a hacker tricks a mobile […]
Binance, a leading cryptocurrency exchange, has announced that its crypto debit card will no longer be available in Latin America and the Middle East from September 21. The card allows users to use their digital assets for everyday transactions and is accepted at a network of over 60 million merchants globally. Binance clarified that the […]
Roman Semenov and Roman Storm, co-founders of the crypto mixer Tornado Cash, have been charged with money laundering and operating an unauthorized money-transfer business. The US Treasury added Semenov to its list of specially designated nationals on Aug. 23. The FBI and the IRS detained Storm on Aug. 24.The charges stem from the alleged laundering […]
GlobiancePay is a revolutionary financial platform that is transforming the way people manage their assets. Powered by the XDC Network, it offers a comprehensive suite of banking services, including fiat currencies and cryptocurrencies, as well as a Security Token Offering (STO) on Launchpad S. This advanced ecosystem is designed to provide users with a secure, […]
Wall Street Memes (WSM) is a rapidly expanding cryptocurrency presale that has amassed over $25 million in its final stages. The project stands out with its vast scope, commitment to fairness, and strategic relevance. The presale phase strategically guarantees widespread participation by earmarking 50% of the 2 billion token supply, fostering an equitable distribution among […]
XRP, a cryptocurrency, has emerged as the only asset with regulatory clarity among the 22,930 assets in the Bitcoin market. This has led to expectations of a surge in its value, similar to the 2017 crypto boom. XRP’s legal and regulatory clarity in the U.S. sets it apart from other cryptocurrencies, making it an attractive […]
Whales and sharks have been accumulating Bitcoin since August 17, according to Santiment data. The collective purchase of 11,629 BTC is worth almost $308 million at current rates. This activity has been observed not only during bearish periods but also during price rallies. The recent market-wide retracement was likely caused by speculations that SpaceX might […]
Elon Musk, the CEO of Tesla and Twitter, recently tweeted his support for Dogecoin and Shiba Inu, two popular meme coins. His tweet caused a 0.9% increase in Dogecoin’s value, although it has experienced market turbulence in the past month, dropping 16.8%. Glauber Contessoto, also known as the “Dogefather” and “Dogecoin CEO”, remains optimistic about […]
Ripple’s legal battle with the SEC has been ongoing for three years, and the outcome of the case will have a major impact on the crypto industry. According to Pantera Capital CEO Dan Morehead, a win for Ripple could be a “positive black swan” that leads to greater regulatory clarity.The SEC has filed an interlocutory […]
