Sam Bankman-Fried Lands in Jail Ahead of Criminal Trial
Lewis Kaplan, the judge presiding over the case between the United States and Sam Bankman-Fried, has sent the Founder of the cryptocurrency exchange, FTX, to...
Coinbase Takes On SEC: Launches Lobbying Initiative to Protect Industry amid Lawsuit
Coinbase has launched a lobby group in a retaliatory move against what the US-based cryptocurrency exchange has for a long time described as an unclear...
Rise of the Crypto Underdogs: ‘Low Tier’ Exchanges Gain Market Share after Binance Falters
Regulatory and legal troubles Binance faced in the United States (and globally) led to a significant drop in the crypto market giant’s share. Surprisingly, the...
Dasset Crypto Exchange Crumbles: The Ripple Effects of Regulatory Pressure
Pressure on cryptocurrency firms does not seem to decrease. Their condition is not helped by the prolonged consolidation of major assets or the tightening regulatory...
From BitKeep to Bitget: Popular Crypto Wallet Rebrands, Launches Swap Offering
After five years since its inception and attracting 10 million users from nearly 170 countries, the popular multi-chain non-custodial crypto wallet, BitKeep, has changed its...
Sam Bankman-Fried Allegedly Diverted $100M of FTX Funds to Political Donations
Sam Bankman-Fried, the Founder of the collapsed cryptocurrency exchange FTX, is facing allegations of misusing customers’ funds to make over USD $100 million in contributions...
Troubled Crypto Custodian Prime Trust Might Cut 75% of Jobs: Report
Prime Trust, the beleaguered cryptocurrency custodian, might be on the brink of significant job cuts, CoinDesk revealed today (Friday), quoting ex-employees. Anonymous sources suggest that...
Hut 8 Reports Decline in Q2 Revenue amid Low Mining Output
The Canadian-based Bitcoin mining firm, Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low...
PayPal Halts UK Crypto Sales: FCA’s Stricter Rules Take Center Stage
The global online payments company PayPal is planning to pause cryptocurrency sales for a minimum of three months starting October 1 for users in the...
Europe’s First Spot Bitcoin ETF Makes Waves on Euronext Amsterdam
The London-headquartered Jacobi Asset Management has introduced Europe’s first spot Bitcoin exchange-traded fund (ETF) on Euronext Amsterdam. The company obtained approval in 2021 but delayed...