Tether and Bitfinex yield to FOIL request amid transparency pledge
Crypto firms Tether and Bitfinex have agreed to drop their opposition to a freedom of information (FOIL) request filed by several journalists in New York,...
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Binance’s guilty plea casts shadow over potential Hong Kong expansion
Binance’s recent guilty plea in the United States could impact its plans to expand into Hong Kong, the South China Morning Post (SCMP) reported on...
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Layer-2 network Blast becomes third-largest holder of staked Ethereum amid pyramid scheme allegations
Blast, a newly introduced Ethereum (ETH) layer-2 network promising “native yield” on ETH and stablecoin holdings, swiftly secured the position of the third-largest holder of...
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Singapore further tightens crypto regulations to protect retail investors from speculative risks
The Monetary Authority of Singapore (MAS) has unveiled expanded regulations to safeguard retail crypto users from potential risks within the burgeoning industry. In a Nov....
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Bitcoin to fly past $40,000 in December despite Binance scandal, Matrixport predicts
Despite Binance’s recent skirmishes with the regulatory authorities in the United States, there is a 90% assurance that Bitcoin’s price will exceed $40,000 by December,...
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Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform
Bittrex Global’s imminent closure has led to Bitcoin (BTC) trading at a substantial premium exceeding $10,000, data from its website shows. The exchange’s BTC/US Dollar...
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Bankrupt Genesis alleges Gemini contributed to ‘run on the bank’ with $689M withdrawals
Bankrupt crypto lender Genesis has filed legal actions to retrieve $689.3 million from cryptocurrency exchange Gemini. In a Nov. 21 court filing, the bankrupt lender...
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Binance-induced market rout wipes more than $200M from crypto traders
Events of the last 24 hours involving crypto exchange Binance and several U.S. federal agencies, including the Commodity Futures Trading Commission (CFTC) and the Department of...
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WSJ reports CZ stepping down as BNB token whipsaws with Binance near DOJ settlement deal
Binance CEO Changpeng Zhao has reportedly pled guilty to violating U.S. anti-money laundering requirements and will step down from his role at the exchange, according...
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Blast Layer-2 network launch draws both interest and criticism over potential yield model
Blur (BLUR) NFT marketplace founder Pacman has launched a new Ethereum (ETH) layer-2 network, Blast, designed to enable its users to earn “native yields.” In...
