In the ongoing legal battle between Binance and the U.S. Securities and Exchange Commission (SEC), a joint motion for a protective order has been filed. This motion aims to establish guidelines for the treatment and disclosure of confidential information during the litigation process. The SEC’s enforcement actions in the cryptocurrency sector have increased under Chair […]
An employee of FTX’s charity wing, Ross Rheingans-Yoo, is seeking payment of $275,000, the remaining amount of his claimed 2022 salary bonus. Rheingans-Yoo’s lawyers argue that only $375,000 of his $650,000 bonus was paid by FTX, with the remaining funds owed when the crypto exchange filed for bankruptcy in November 2022. FTX has objected to […]
Two separate incidents of theft targeting Binance clients have recently come to light. In the first incident, an attacker stole $27 million worth of Tether (USDT) from a victim connected to Binance. While some reports suggest that Binance’s own contracts were hacked, a Binance spokesperson stated that the user made a valid withdrawal from Binance, […]
Bithumb, the second-largest cryptocurrency exchange in South Korea, is making strategic moves to prepare for an initial public offering (IPO) on the KOSDAQ market. The exchange aims to challenge Upbit, the leading exchange in South Korea, and regain market supremacy. Bithumb’s IPO is expected to take place in 2025. The exchange is undergoing organizational reorganizations, […]
Binance Blockchain Week Istanbul 2023 was a resounding success, bringing together various crypto projects in the midst of a challenging market. The event served as a platform for developers working on Web3 to connect with the community and explore new possibilities. A major highlight was the introduction of Binance’s groundbreaking self-custody Web3 wallet, which holds […]
Crypto exchange Binance may have fallen victim to a hack, potentially losing $27 million worth of stablecoins. The hack is yet to be confirmed, but it is believed to have targeted one of Binance’s wallets, making it quite a significant achievement for the individual or group responsible. The transaction hash associated with the hack suggests […]
South Korean cryptocurrency exchange Bithumb is planning to go public on the Korean Securities Dealers Automated Quotations (KOSDAQ) through an Initial Public Offering (IPO) in 2025. This move is part of Bithumb’s expansion strategy and aims to position the exchange as a strong competitor against Upbit, a major player in the country’s cryptocurrency market. Bithumb […]
Blockchain expert Charles Hoskinson, founder of Cardano, has expressed interest in partnering with Kraken, a prominent U.S. cryptocurrency exchange, to develop a cutting-edge Layer-2 (L2) blockchain network. This collaboration would align with the industry trend of major players in the cryptocurrency space expanding into blockchain technology development. Kraken is actively searching for a blockchain partner […]
Bithumb, a major South Korean cryptocurrency exchange, is reportedly planning to go public on the KOSDAQ, South Korea’s equivalent of the Nasdaq. The exchange aims to become the first digital asset firm to achieve this milestone, with a targeted initial public offering (IPO) in the second half of 2025. Bithumb, founded in 2014, has established […]
Crypto exchange Bithumb is preparing to go public on the South Korean stock market, aiming to become the first digital asset company to do so. The initial public offering (IPO) is expected to take place on the KOSDAQ, South Korea’s equivalent of the Nasdaq, in the second half of 2025. Bithumb has selected Samsung Securities […]
