Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” with the help of major crypto exchanges. The wallet firm collaborated with blockchain intelligence firms Chainalysis and Crystal to identify and contain the threat. The funds were transferred to the Bitcoin blockchain using sophisticated methods such as bridges and mixers, with most of […]
The United States-based cryptocurrency exchange Coinbase has chosen Ireland as its main European hub for compliance with Europe’s cryptocurrency regulatory framework, known as Markets in Crypto-Assets Regulation (MiCA). This move allows Coinbase to serve the 450 million people across 27 countries in Europe under one regulatory framework and with one national supervisor. Currently, Coinbase holds […]
In a shocking revelation, it has been uncovered that the defunct cryptocurrency exchange FTX allegedly used customer funds to repurchase its stake held by Binance. This has raised concerns about the handling of customer deposits within the crypto industry. During a court hearing, it was disclosed that FTX employed customer deposits for various purposes, including […]
Binance, the world’s largest cryptocurrency exchange, has announced the addition of six new spot trading pairs, including ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD. They will also introduce Spot Grid and Spot DCA Trading Bots for the NTRN/USDT and PENDLE/USDT pairs. Users will enjoy zero maker fees on FDUSD trading pairs until further notice. FDUSD […]
Stéphanie Cabossioras has resigned from her position as the executive director of Binance France, making her the latest senior executive to leave the company this year. Binance France President David Prinçay confirmed her departure and expressed gratitude for her contributions. Cabossioras joined Binance in April 2022 as the head of legal for the French arm […]
The eleventh day of the trial of Sam Bankman-Fried (SBF) focused on the testimony of accounting experts who provided crucial information regarding the disappearance of $9 billion in FTX customer funds. Professor Peter Easton from the University of Notre Dame and FBI accountant Paige Owens presented their analysis of FTX and Alameda’s accounts and bank […]
BNB Chain has announced the launch of its Greenfield Mainnet, a decentralized storage-centric network designed for data-intensive decentralized applications within the BNB ecosystem. The network offers customizable storage solutions that integrate with smart contracts on the BNB Smart Chain. Greenfield provides integrated access control, allowing users to upload data and set access permissions before service […]
Devin Walsh, the Executive Director of the Uniswap Foundation, believes that the Uniswap decentralized exchange (DEX) is becoming more decentralized. He compares its current state to that of Ethereum and acknowledges the active participation of the developer community in its success. This response comes after Antonio Juliano, the founder of dYxX, insinuated that Uniswap is […]
EUR-denominated weekly spot volume on Binance, one of the leading cryptocurrency exchanges, has plummeted to a three-year low of $160 million in October 2023. This represents an 88% decrease from the $1.3 billion recorded in March 2023. The decline in trading volume can be attributed to a combination of factors, including regulatory crackdowns and the […]
Top global crypto exchange Binance has reportedly closed over 100 accounts in response to Hamas’ recent attack on Israel. Israeli law enforcement agencies ordered the closures and seized millions worth of crypto in an effort to cut funding to the Palestinian Islamist group. Hamas had previously urged its supporters to send Bitcoin to evade US […]
