Binance.US backs out of $1bn Voyager Deal amid Regulatory Objections
Binance.US has backed out of a deal to buy the assets of Voyager, a crypto trading platform that collapsed and entered bankruptcy proceedings in 2022....
Tag : cryptocurrency
Crypto Exchanges Compete to Bid for Celsius Network’s Assets
Two major cryptocurrency exchanges, Coinbase and Gemini, are set to participate in an auction to bid for the assets of Celsius Network, a bankrupt crypto...
Bitrue Crypto Exchange Hacked: $23 Million in Crypto Assets Stolen
Bitrue, a Singapore-based cryptocurrency exchange, has been hit by a security breach resulting in the loss of $23 million worth of crypto assets. The exchange...
SEC Summons Tron Founder Justin Sun, Rapper Soulja Boy, and YouTube Star Austin Mahone Over Unregistered Tokens
The US Securities and Exchange Commission (SEC) has issued a summons for Tron Foundation Ltd. founder Justin Sun, rapper Soulja Boy, and YouTube music star...
The 55% Surge in Crypto Marketcap in 2023 – What’s Behind the Rally?
Bitcoin, the largest cryptocurrency by market capitalization, broke the $30,000 psychological threshold on Tuesday, marking the first time it has hit this level since June...
IMF Calls for Regulation and Supervision in the Volatile Crypto Industry
The International Monetary Fund (IMF) has called for consistent regulation and adequate supervision in the crypto industry after a year of volatility and scandals that...
Hackers Steal $13 Million Worth of Cryptocurrencies from South Korean Exchange GDAC
On April 9th, South Korean cryptocurrency exchange GDAC suffered a massive hack, losing approximately $13 million across various cryptocurrencies. The hackers targeted the exchange’s hot...
Ralph Lauren Partners with BitPay to Accept Bitcoin Payments at Miami Store
Ralph Lauren, the iconic American fashion brand, has partnered with BitPay, a leading bitcoin payments service provider, to enable customers to make purchases using cryptocurrency...
Circle’s USD Coin Redemption Outpacing Purchases Despite Recovery
Stablecoin issuer Circle is experiencing a significant redemption of its USD Coin (USDC). Customers redeemed $738.6 million on March 20, while the firm issued less...
Microsoft’s Edge Browser to Integrate Native Cryptocurrency Wallet
Microsoft is reportedly working on integrating a native cryptocurrency wallet in its Edge web browser, according to Twitter user Albacore. The wallet is described as...