Rootoshi
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10 months, 2 weeks agoTaiwan's Largest Cryptocurrency Fraud Scheme Uncovered and Dismantled
Taiwan’s law enforcement has recently uncovered and dismantled the largest cryptocurrency fraud scheme in the country’s history. The authorities conducted raids across multiple cities, seizing over NT$1 bil…
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bob wrote a new post
10 months, 2 weeks agoRipple vs. Zakinov: January 11 Hearing Marks Crucial Moment in Legal Battle
The ongoing legal battle between Ripple Labs Inc. and a group of XRP investors led by Vladi Zakinov is set to reach a pivotal moment on January 11, 2024, as both parties prepare for a significant court hearing.…
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bob wrote a new post
10 months, 2 weeks agoCelsius Network to Unstake Ethereum Holdings in Bankruptcy Restructuring
Bankrupt crypto lender Celsius Network has announced that it will be unstaking its Ethereum holdings in order to generate liquidity and distribute assets to its creditors. This decision is part of Celsius’ o…
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bob wrote a new post
10 months, 2 weeks agoSEC Cites Terra Case in Legal Battle Against Binance and Coinbase
The Securities and Exchange Commission (SEC) is intensifying its pursuit of crypto exchanges Binance and Coinbase in ongoing legal battles. To strengthen its arguments, the SEC has referenced a recent landmark case…
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10 months, 2 weeks agoBlockchain Security Firm CertiK Suffers Major Breach, Impersonates Revoke.cash to Distribute Phishing Links
CertiK Ltd., a blockchain security auditing firm, experienced a security breach when hackers gained access to its official X (formerly Twitter) account and used it to distribute phishing links to its large…
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bob wrote a new post
10 months, 2 weeks agoSEC Requests Summary Judgment in Lawsuit Against Binance
The US Securities and Exchange Commission (SEC) has filed a federal court document requesting a summary judgment ruling in its lawsuit against cryptocurrency exchange Binance. The SEC argues that specific issues…
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bob wrote a new post
10 months, 2 weeks agoNigeria's cNGN Stablecoin Set to Revolutionize Remittances and Global Trade
The Central Bank of Nigeria has approved the launch of the cNGN stablecoin, which is set to pilot in February. This stablecoin is being introduced as an alternative to a Central Bank Digital Currency (CBDC) and…
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10 months, 2 weeks agoBank of Spain Chooses Collaborators for Wholesale CBDC Pilot
The Bank of Spain has announced its partnership with Cecabank, Abanca, and Adhara Blockchain for the pilot of the wholesale central bank digital currency (CBDC) program. Over the next six months, the pilot will…
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bob wrote a new post
10 months, 2 weeks agoCelsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process,…
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bob wrote a new post
10 months, 2 weeks agoCelsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process,…
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bob wrote a new post
10 months, 2 weeks agoExplosive Divorce Verdict Shakes Up Businessman
A businessman from Hamburg, Thomas S., is left shocked and speechless by a divorce ruling in Switzerland. The ruling, made by the Arbon District Court in 2022, came as a surprise to Thomas, who was unaware of it…
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bob wrote a new post
10 months, 2 weeks agoUniswap Dominates Ethereum Blockspace with Impressive Transaction Volume and Gas Usage
Uniswap, a popular decentralized finance (defi) protocol on the Ethereum platform, has emerged as a leader in the Ethereum blockspace. With an impressive 43 million transactions and 7.4 trillion gas, Uniswap…
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bob wrote a new post
10 months, 2 weeks agoCelsius Network to Unstake Ethereum Holdings for Creditor Distributions
The cryptocurrency lending platform Celsius Network has announced its plan to unstake its Ethereum holdings as part of its asset preparation process. The move is aimed at unlocking ETH to ensure timely…
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bob wrote a new post
10 months, 2 weeks agoCelsius Network to Unstake Ethereum Holdings for Creditor Distribution
Celsius Network, a cryptocurrency lender, has announced plans to unstake its Ethereum (ETH) holdings in order to distribute assets to creditors. The company will carry out a significant unstaking event in the…
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bob wrote a new post
10 months, 2 weeks agoCelsius Begins Asset Recall and Rebalancing to Repay Creditors
The bankrupt crypto lender, Celsius, has announced that it will be recalling and rebalancing its assets as part of its restructuring process. This includes unstaking nearly $470 million worth of Ether (ETH) in…
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bob wrote a new post
10 months, 2 weeks agoUBS Bolsters Middle East Presence with New Management Team and Expansion Plans
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its…
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bob wrote a new post
10 months, 2 weeks agoUBS Bolsters Middle East Presence with New Management Team and Expansion Plans
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its…
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bob wrote a new post
10 months, 2 weeks agoSEC Files Motion for Summary Judgment in Case Against Binance
The United States Securities and Exchange Commission (SEC) has filed a motion in federal court requesting a summary judgment ruling in its case against cryptocurrency exchange Binance. The SEC argues that a recent…
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bob wrote a new post
10 months, 2 weeks agoFinancial Experts Pessimistic About Approval of Bitcoin ETF in the US
A recent survey conducted by ETF issuer Bitwise reveals that only 39% of U.S.-based financial advisers believe that a spot Bitcoin exchange-traded fund (ETF) will be approved this year. The survey, which included…
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bob wrote a new post
10 months, 2 weeks agoBitcoin ETF Approval Speculation Reaches Fever Pitch on Social Media
Speculation is running high on social media that the U.S. Securities and Exchange Commission (SEC) is on the verge of approving a spot Bitcoin exchange-traded fund (ETF). This speculation has been fueled by a tweet…
