Category: Crypto
All things on Cryptocurrencies
Terra Founder Do Kwon Faces Extradition Amid Legal Turmoil
In a recent update, a court in Podgorica, Montenegro, has greenlit the extradition of Do Kwon, the founder of Terra, raising the stakes in a [more…]
Infamous Crypto Wallet-Draining Service, Inferno Drainer, Shuts Down After Stealing Nearly $70 Million
In a surprising turn of events, Inferno Drainer, one of the notorious crypto wallet-draining services, has announced its permanent closure. The team behind the infamous [more…]
Bitcoin User Pays $3.1 Million in Transaction Fees
In a bizarre turn of events, a Bitcoin user recently paid a whopping 83.7 Bitcoin (BTC), equivalent to $3.1 million, in transaction fees for transferring [more…]
CZ Challenges U.S. DOJ’s Attempt to Restrict Travel and Eyes No Jail Time
Changpeng ‘CZ’ Zhao, the founder of Binance, is pushing back against the U.S. Department of Justice’s (DOJ) efforts to limit his travel as he faces [more…]
Binance’s New CEO, Richard Teng, Speaks on $4.3 Billion Settlement and the Future of the Exchange
In the aftermath of the U.S. Justice Department’s announcement of a $4.3 billion settlement with Binance, the cryptocurrency exchange is undergoing significant changes, including the [more…]
Bittrex Global Announces Shutdown of Most Exchange Operations
In a recent announcement, Bittrex Global revealed its decision to wind down most exchange operations and trading activities in the coming weeks. The company expressed [more…]
Binance CEO Changpeng Zhao Reportedly Pleads Guilty to U.S. Anti-Money Laundering Violations, Faces Imminent Departure
Binance CEO Changpeng Zhao (CZ) is said to have pled guilty to violating U.S. anti-money laundering (AML) requirements, a development that is anticipated to lead [more…]
SEC Files Lawsuit Against Kraken Crypto Exchange Alleging Unregistered Securities Activity
The United States Securities and Exchange Commission (SEC) has initiated legal action against Kraken, a prominent cryptocurrency exchange, accusing it of operating as an unregistered [more…]
Taiwanese Trading Firm Kronos Research Falls Victim to Cyberattack, Losing an Estimated $25 Million
Over the weekend, Kronos Research, a multifaceted trading, market-making, and venture capital firm headquartered in Taipei, fell victim to unauthorized access to its API keys. [more…]
Bitcoin Surges by $800 Amid Speculation of SEC Engagement with Exchanges on Spot ETFs
The value of bitcoin experienced a rapid increase of $800 in response to reports indicating that the U.S. Securities and Exchange Commission (SEC) has engaged [more…]