Binance admitted that it keeps collateral for its BNB Smart Chain and BNB Beacon Chain versions of 94 crypto assets in the same wallet as customer funds amid uncertainty around its recent audit….
Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings, according to reports. In a Bloomberg report…
Bankrupt crypto lender BlockFi is willing to offer certain employees a 10% to 50% retention bonus as it seeks to prevent a mass employee exodus. According to BlockFi Chief People Officer Megan Cromwell,…
Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma Speaking to the Sydney Morning…
The crypto industry has received a significant blow as Genesis, a prominent cryptocurrency lender, filed for bankruptcy. The SEC charges Genesis for illegal crypto sales. Genesis is a part of the DCG conglomerate…
The current crypto market uptick has pushed Ripple’s XRP market capitalization beyond $20 billion for the first time since September 2022, according to CoinMarketCap data. Over the last 24 hours, XRP grew by…
According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty of fraud….
A Delaware judge presiding over the FTX bankruptcy case ruled today that attorneys Sullivan & Cromwell can represent FTX in its ongoing bankruptcy case. Judge John Dorsey overruled a claim lodged earlier by…
The U.S. Securities and Exchange Commission has charged former FTX CEO Sam Bankman-Fried for defrauding investors through opaque risk management and diversion of customer funds to Alameda Research. The SEC alleges that Bankman-Fried…
A commissioner from the United States Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to “self-certify” and list tokens without oversight. CFTC commissioner Christy Goldsmith Romero told…
The new drop from Yuga Labs, Sewer Pass, has crossed over $4M in trading volume within a couple of hours of launch. It unlocks mysterious surprises for the holders. Sewer Pass has taken…
In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds,…
Binance Research has identified some key trends in a 2022 report and themes to watch for the year ahead. Binance Research is the research arm of Binance, the world’s most popular cryptocurrency exchange….
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector. According to the deputy director-general of the Financial…
Get an in-depth look at top IoT projects in 2023, these include IOTA, Helium, Ambrosus, WISE, and Atonomi. The Internet of Things (IoT) The purpose of IoT technology is to connect devices, machines,…
Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening colleagues who proposed solutions to reorganize FTX US’ management structure. Harrison shared his experiences with Bankman-Fried and…