Tag: top news

FTX Bankruptcy After-Effects Blurs Intricacies of the Proposed Reorganization Plan

The FTX bankruptcy proceedings and the proposed reorganization plan by the Official Committee of Unsecured Creditors stand as a critical juncture in the...

HashKey Exchange Invites Individual and Enterprise Market Makers to Boost Liquidity

HashKey, a licensed crypto exchange in Hong Kong, is set to allow individual and enterprise market makers to provide liquidity, aiming to deepen...

ATO’s New Crypto Tax Guidance Faces Criticism, Deemed Confusing by Legal Firm

 Australian law Firm Cadena Legal stated on Nov 27 that the new crypto tax guidance was no better than toilet paper.  In October...

Block Inc.’s tbDEX Goes Live in Collaboration with Yellow Card

According to Jack, CEO of Block Inc., Web3 had strayed from its initial path and is currently a mockery of its founder. Yellow...

Global Regulatory Quagmire: Philippines SEC Takes Aim at Binance’s Operations

The Philippines SEC has warned Binance for operating without the necessary approval or license, citing the absence of registration and required authorization to...

Anticipating Phoenix: UAE’s Crypto Trailblazer Delays IPO for National Day

Cryptocurrency mining firm Phoenix Group is poised for its IPO debut after experiencing substantial oversubscription, highlighting robust investor interest. The rescheduled listing date...

Crypto Crisis: Aerodrome and Velodrome Security Breaches Sound Alarm for DeFi

Decentralized finance (DeFi) platforms Aerodrome and Velodrome experienced security breaches, leading to concerns about the vulnerability of DeFi ecosystems to cyber threats. The...

Cristiano Ronaldo at the Center of Class-Action Lawsuit Tied to Binance

Cristiano Ronaldo faces a proposed class-action lawsuit linking him to alleged securities violations. The lawsuit claims Ronaldo's endorsements prompted users to invest in...

HTX Exchange Gradually Restores Services, Bitcoin Transactions Now Operational

The HTX crypto exchange, previously Huobi, has restored Bitcoin deposits and withdrawals after a $30 million exploit on November 22. Linked to HTX,...

Patricia Technology Crypto Hack: Nigerian Politician Wilfred Bonse in Police Custody

The Nigeria Police Force has arrested Wilfred Bonse, a Nigerian Politician, in connection to a crypto hack involving Patricia Technology.  Bonse allegedly assisted...

Justin Sun’s Crypto Empire Under Siege: HTX and Heco Chain Suffer $115 Million Hack”

HTX crypto exchange and blockchain protocol, Heco Chain, experienced another crypto hack, further damaging the organization's reputation. The first attack occurred on September...

Nansen Users Targeted in Phishing Scam Connected to Prior Data Breach

Crypto analytics platform Nansen faced a phishing campaign where scammers exploited user data from a prior breach. The firm has not responded to...

“Pay with Crypto” Details: Enabling Direct Purchases with Cryptocurrency

According to Sticth fintech, this new payment solution will enable consumers to directly buy goods and services using crypto. Corporate Titans like PayPal...

Vanishing Act of Wallet of Satoshi (WoS)

The Wallet of Satoshi (WoS), a popular Bitcoin Lightning payments app, mysteriously vanished from U.S. app stores. Despite WoS being on track to...

Reopening Pandora’s Box: SEC Launches Another Kraken Laws

The US SEC accused Kraken of operating as an unregistered exchange, broker, dealer, and clearing agency. The first Kraken lawsuit occurred around Q3...

Bankman-Fried’s Legal Battle: Setbacks Deepen with Denial

The U.S. Court of Appeals has rejected FTX founder Sam Bankman-Fried's plea for release during the appeal process for the Second Circuit. The...