Kumo
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11 months, 3 weeks ago
Genesis Settles $1 Billion Claims with 3AC Hedge Fund for $33 Million
Bankrupt crypto lender Genesis has reached a settlement with defunct crypto hedge fund Three Arrows Capital (3AC) to pay $33 million in order to settle $1 billion in claims. The hedge fund’s collapse in June 2022 w…
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11 months, 3 weeks agoUS Financial Services Committee to Hold Hearing on Illicit Activities in Cryptocurrency Ecosystem
The United States Financial Services Committee (FSC) has scheduled a hearing on November 15th to delve into the issue of illicit activities within the cryptocurrency ecosystem. The hearing, titled “Crypto crime i…
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11 months, 3 weeks agoPossible Title: Potential Hack on Binance Wallet Raises Concerns Over Security of $27 Million in Stablecoins
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 i…
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11 months, 3 weeks agoFrench Millennials Embrace Crypto Investments, Relying on Digital Sources for Information
The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés f…
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11 months, 3 weeks agoBithumb Plans 2025 IPO on KOSDAQ to Rebuild Public Trust Amid Leadership Overhaul
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…
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11 months, 3 weeks agoNew Phishing Scam in China Targets Crypto Users with Fake Skype Video App
A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on i…
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11 months, 3 weeks agoNew Phishing Scam in China Targets Crypto Users with Fake Skype Video App
A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on i…
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bob wrote a new post
11 months, 3 weeks agoFrench Millennials Embrace Crypto Investments, Relying on Digital Sources for Information
The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés f…
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11 months, 3 weeks agoCardano Founder Charles Hoskinson Expresses Interest in Partnering with Kraken for Layer-2 Blockchain Network Development
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…
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11 months, 3 weeks agoBithumb, South Korean Cryptocurrency Exchange, Plans Public Listing on KOSDAQ
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 a…
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11 months, 3 weeks agoBithumb Plans to Go Public on South Korean Stock Market
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…
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11 months, 3 weeks agodYdX Foundation Announces Milestone with Launch of Bridge User Interface for Ethereum Migration
The dYdX Foundation, a part of the dYdX ecosystem, has reached a significant milestone in its transition from Ethereum to its own blockchain network based on Cosmos. The foundation has announced the deployment of a…
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11 months, 3 weeks agoBackpack Announces Launch of Regulated Crypto Exchange in Early 2024
Backpack, a Solana-based NFT wallet app, has announced its plans to launch a regulated cryptocurrency exchange called Backpack Exchange. The company has obtained a Virtual Asset Service Provider (VASP) license for…
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11 months, 3 weeks agoSEC Charges SafeMoon and Executives with Fraud and Unregistered Securities
SafeMoon, a crypto company, and its executive team have been charged by the SEC for offering unregistered securities and engaging in fraudulent activities. The SEC alleges that SafeMoon’s CEO, CTO, and creator w…
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11 months, 3 weeks agoBinance Integrates Self-Custodial Web3 Wallet for Enhanced Crypto Security and Accessibility
Binance, the world’s largest cryptocurrency exchange, has announced the integration of a self-custodial crypto wallet into its app. This new wallet, unveiled during the Binance Blockchain Week conference in I…
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11 months, 3 weeks agoRocketX Integrates with MicroVision Chain to Streamline DeFi Interactions and Boost Blockchain Interoperability
RocketX, a cross-chain CEX and DEX integrator, has announced its support for MicroVision Chain, a Bitcoin scaling solution. This integration will allow users to easily transfer assets, including the $SPACE token,…
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11 months, 3 weeks agoRocketX Integrates with MicroVision Chain to Streamline DeFi Interactions and Boost Blockchain Interoperability
RocketX, a cross-chain CEX and DEX integrator, has announced its support for MicroVision Chain, a Bitcoin scaling solution. This integration will allow users to easily transfer assets, including the $SPACE token,…
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11 months, 3 weeks agoPoloniex Crypto Exchange Hacked, $114 Million Lost
Cryptocurrency exchange Poloniex has suffered a major hack, resulting in a loss of approximately $114 million. The hack was detected by blockchain security firms PeckShield and Cyvers, and Poloniex promptly…
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11 months, 3 weeks agoFormer FTX General Counsel Leads New Crypto Exchange Venture in Dubai
Former FTX general counsel, Can Sun, along with other ex-FTX executives, is launching a new cryptocurrency exchange called Trek Labs. The Dubai-based start-up has obtained a license from the Emirate’s crypto r…
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11 months, 3 weeks agoXRPL's fixReducedOffersV1 Amendment Gains Over 80% Validator Approval, Signaling Major Upgrade
The XRPL (XRP Ledger) is set to introduce additional features in the coming weeks, with the fixReducedOffersV1 amendment being a significant upgrade. This amendment aims to address critical issues with…
