Crypto News
BitConnect Scam Victims to Receive $17 Million in Compensation from DOJ
On January 12th, the United States Department of Justice (DOJ) announced that victims of the BitConnect Ponzi scheme will be receiving $17…
Author
Mayowa Adenle
Market News
Binance looks to add 30% more staff in 2023 despite industry downsizing
Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to expand its hiring by as much as 30% in 2023.…
Crypto News
WazirX shows proof of reserves with major funds stored in Binance wallets
WazirX, an Indian crypto exchange, has published its proof of reserves and announced that it holds $285 million in total user assets…
Market News
MetaMask Developer to Make Mass Layoffs
On Wednesday, a source familiar with the matter reported to CoinDesk that Ethereum software firm ConsenSys, the company behind crypto wallet MetaMask,…
Crypto News
Wyre implements 90% cap on cryptocurrency withdrawal amounts
On January 7, Wyre, a cryptocurrency payment platform, announced that it would be imposing a 90% withdrawal cap on customer accounts. This…
Crypto News
FTX spent millions on food, flights, and hotels in short period, court papers reveal
Court documents exposed that FTX Digital Markets spent a whopping $40 million from January to September 2023 before being declared bankrupt due…
Market News
Avalanche DEX sees positive movements, could it lead to AVAX rally?
Since April, the AVAX token of Avalanche, the blockchain company behind the decentralized cryptocurrency exchange Trader Joe, has been unable to break…
Market News
France’s central bank governor promotes crypto licensing before EU laws take effect
The governor of the Bank of France, Francois Villeroy de Galhau, has called for mandatory licensing for local digital asset service providers…
Crypto News
US Government to Confiscate $465M in Robinhood Shares Tied to SBF
The US government is reportedly in the process of seizing or has already seized 56 million shares of Robinhood, worth around $465…
Market News
Binance.US’s acquisition of Voyager assets hit by SEC intervention
The U.S. Securities and Exchange Commission (SEC) has raised an objection to Binance US’s proposed purchase of the assets of the bankrupt…
Crypto News
US Regulators Warn of Crypto Fraud and Contagion Risks
The US Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have issued…
Crypto News
Gemini users file class-action lawsuit against Genesis and DCG
Three users of cryptocurrency exchange Gemini’s Earn program have filed a request for class-action arbitration against Genesis Global Capital and Digital Currency…