Genesis Pursues $689M From Gemini in Legal Battle Over ‘Preferential Transfers’
In an attempt to recoup $689 million in privileged payments, Genesis Global Capital has launched a lawsuit against cryptocurrency exchange Gemini.
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Binance Founder CZ: $175M Bail Ahead of Sentencing and Guilty Plea to DOJ Charges
Before his sentencing on February 23, 2024, Binance founder Changpeng "CZ" Zhao will pay a $175 million release bail and consent to return to the United States for 14 days.
Fantom Foundation Grants $1.7M Bounty for Foiling Potential $170M Drain
Following a $550,000 attack in October, the Fantom Foundation, a nonprofit creating the Fantom blockchain network, has fixed a significant vulnerability.
Bittrex Global Halts Trading Activities, Initiates Full Closure Process
With its main office located in Liechtenstein, Bittrex Global is a cryptocurrency exchange that has declared its closure. December 4 will mark the end of trading.
DYDX Founder Alleges Targeted Attack in $9M Insurance Claim
Decentralized exchange dYdX was compelled to pay $9 million in user liquidations out of its insurance fund.
CoinCodeCap WeekInFocus: November 19, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Ukraine Officials Receive Specialized Training for Crypto and Virtual Assets Investigations
At a training session, 14 Ukrainian officials received improved training on investigating modern-day financial crimes.
Binance Partners with Gulf Energy Development, Set to Launch Thai Exchange
In early 2024, Binance plans to openly launch a cryptocurrency exchange based in Thailand through a joint venture.
New York Regulators Unveils Stricter Criteria for Crypto Listings
The financial regulator says that to better safeguard investors, guidelines for companies listing and delisting cryptocurrencies have been strengthened.
German Bank Commerzbank Greenlights Crypto Custody Operations
Commerzbank announced on November 15 that local regulators had awarded the bank a license to handle cryptocurrency.