Huobi Global has announced its plans to list PayPal’s new dollar-pegged stablecoin on its platform. The crypto exchange plans to offer PYUSD/USDT trading pairs with zero trading fees. Huobi executive…
A group of FTX customers has brought a class action suit against the exchange’s law firm. Fenwick & West LLP is being sued for allegedly aiding fraud through its legal…
PayPal is set to launch its own dollar-pegged stablecoin on Ethereum called PayPal USD (PYUSD). The new stablecoin will be issued by former BUSD issuer Paxos Trust Company. The fintech…
Law enforcement agencies in Kenya recently raided a warehouse in Nairobi belonging to Worldcoin. Kenyan police executed a search warrant over the weekend, seizing the crypto project’s documents and machines.…
The Curve CRV-ETH exploiter is yet to return $19.7 million worth of cryptocurrency stolen during the reentrancy attacks on July 30. DeFi projects Alchemix Finance, JPEGd, and Metronome recovered a…
The Curve Finance team confirmed contact with the Alchemix alETH pool exploiter via on-chain messages. Curve, Metronome, and Alchemix previously asked the exploiters to return 90% of the drained funds…
The U.S. Justice Department is seeking Sam Bankman-Fried’s incarceration over his role in the NYT’s controversial article. The New York Times recently published an article with the private writings of…
Matter Labs has denied allegations of source code plagiarism made by Polygon. Polygon previously accused Matter Labs of copying part of its open-source code without giving due credit. In response,…
Coinbase’s revenue in the second quarter of 2023 exceeded market estimates by over 12%. The crypto exchange posted a net loss of $97 million and positive adjusted EBITDA of $194…
Curve Finance founder Michael Egorov has offloaded 72 million Curve Dao Tokens since last week’s exploits. Egorov has managed to reduce his $100 million debt, collateralized with 427 million CRV,…
Crypto exchange Coinbase plans to increase access and functionality of its L2 network Base by August 9. The company announced an Ethereum bridge to allow users to send tokens to…
The crypto exchange upgraded its type 1 and type 7 licenses to include services approved for Hong Kong retail customers. Haskkey’s former license only permitted the entity to do business…
Litecoin completed its third halving event on 2 August. Its LTC coin has, however, failed to react positively. Litecoin failed to log any significant price reaction following the network’s third…
The U.S. SEC has reportedly indicated an inclination to consider Ethereum Futures ETFs. The change in the regulator’s stance comes after multiple applications over the past week. TradFi and crypto…
The U.S. Department of Justice is reportedly considering fraud charges against Binance. Federal prosecutors are concerned about the possibility of a bank run on the exchange. The prosecutors may hit…
