Key Takeaways In a startling revelation, Do Kwon, the founder of Terraform Labs, has admitted to fabricating trading volume in a text message exchange with Daniel Chin, the founder of payments app Chai, as revealed in court documents filed by…
Key Takeaways Leading cryptocurrency exchange, Gemini has announced the discontinuation of its services in the Netherlands, citing regulatory constraints imposed by the Dutch central bank, De Nederlandsche Bank (DNB). In an email sent to its users, Gemini conveyed that its…
Key Takeaways The United States Securities and Exchange Commission (SEC) has deferred its decision on multiple proposals for spot Bitcoin exchange-traded funds (ETFs), including one from investment giant BlackRock. The delay comes as the looming possibility of a government shutdown…
Key Takeaways Former FTX CEO Sam Bankman-Fried, known as “SBF” in the crypto world, will remain in custody until the commencement of his criminal trial on October 3rd, as per a recent order issued by a federal judge. This decision…
Key Takeaways Mixin Network, a decentralized peer-to-peer network designed to address blockchain scalability challenges, has fallen victim to a significant cyberattack resulting in the loss of nearly $200 million in crypto assets. The breach, which occurred on September 23, was…
Key Takeaways Upbit, South Korea’s leading cryptocurrency exchange, recently faced a significant disruption in its services after encountering a fraudulent token. The incident led to the temporary suspension of Aptos (APT) deposits and withdrawals on September 24th. However, the exchange…
Key Takeaways In a recent revelation, blockchain intelligence platform Arkham has disclosed some significant insights into the cryptocurrency exchange behemoth, Coinbase. According to Arkham’s findings, Coinbase holds nearly 1 million BTC on-chain, a revelation that positions it as the “largest…
Key Takeaways Architect Financial Technologies, led by former FTX US President Brett Harrison, has achieved a significant milestone with its subsidiary, Architect Financial Derivatives, receiving approval from the National Futures Association (NFA) to operate independently as an introducing broker. This…
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