In the aftermath of the FTX collapse, a new legal battle has emerged over the millions of dollars in assets seized from Sam Bankman-Fried (SBF), the former CEO currently serving a 24-year prison sentence. Various parties, including FTX debtors and the company’s Bahamian arm, FTX Digital Markets, are seeking control of these assets. The assets
Exchanges
The recent completion of the settlement between the New York Attorney General’s (NYAG) office and Gemini has brought forth a significant recovery of $50 million for users of the now defunct Gemini Earn program. This settlement comes after a lengthy legal battle initiated by the NYAG against the exchange. One of the key outcomes of
The copy trading industry is experiencing substantial growth, with brokers increasingly seeking advanced copy trading solutions to meet the evolving needs of their traders. In response to this demand, the B2Broker team has introduced a cutting-edge investment platform known as B2Copy, designed to revolutionize the way copy trading is conducted in the market. Unlike many
In the fast-evolving world of blockchain technology, staying ahead of the curve is essential for businesses looking to optimize their operations. B2BinPay, a world-leading blockchain platform, has recently introduced an array of new features aimed at enhancing user experience and increasing efficiency for its customers. Let’s delve into how these new features can benefit businesses
BloFin Exchange, a prominent cryptocurrency trading platform known for its stringent security measures and customer-oriented innovations, has recently integrated with the Chainalysis blockchain data platform. This collaboration is a significant step towards bolstering the exchange’s compliance capabilities and ensuring the safety of its global user base. With over 320 contract trading pairs and 100 spot
The world of cryptocurrency trading is a complex landscape filled with centralized exchanges (CEXs) that continue to dominate despite the increasing popularity of decentralized platforms. These CEXs offer valuable insights into market sentiment through the monitoring of inflows and outflows of cryptocurrencies. Recently, a concerning trend has emerged with a significant amount of outflows noted
Robinhood, a popular trading platform, recently made headlines with its announcement of the acquisition of Bitstamp, a global crypto exchange, for approximately $200 million in cash. The move is a strategic one, aimed at expanding Robinhood’s reach and presence in the crypto market. Bitstamp, founded in 2011, operates in various regions across the globe, including
Bybit, a prominent cryptocurrency exchange, recently made the decision to remove China from the list of countries whose citizens are restricted from using its services. This surprising move was confirmed by CryptoSlate on June 5, sparking speculation within the crypto community. While countries like the United States, the United Kingdom, Canada, Singapore, and Hong Kong
The recent announcement by Binance regarding the limitation of “unregulated stablecoins” in the EU by June 30 has stirred discussions within the cryptocurrency community. This decision aligns with the upcoming Markets in Crypto-Assets Regulation (MiCA) and is expected to have a significant impact on the stablecoin market in the European Economic Area (EEA). Binance has
The cryptocurrency world was rocked by news of a massive security breach involving an individual going by the name of “The Future is Long”, who reported a staggering loss of over $2 million from their OKX account. The user disclosed that scammers were able to access all of their personal information through Telegram, allowing them