Do Kwon’s Bail Hopes Dashed By Montenegro High Court
Summary: A High Court in Montenegro repealed bail terms for TerraUSD creator Do Kwon and his colleague Han Chang-Joon. Do Kwon and his former CFO Han were each granted €400,000…
Temperature Check: Uniswap V3 Deployment On Fantom
Summary: A proposal to launch Uniswap’s third generation DEX or V3 on Fantom’s blockchain is currently undergoing a “temperature check” governance vote. The proposal highlighted a market opportunity that could…
Binance Calls Out Reuters Over Report Alleging Commingling of Customer Funds
Binance has responded to a recent report from Reuters that accused the exchange of mismanaging customer funds. Reuters’ report alleged that the crypto exchange commingled customer funds between 2020 and…
News Of FTX 2.0 Reboot Leads To 16% Hike In $FTT’s Price
FTX CEO John Ray III has been reviewing plans to reboot the bankrupt crypto exchange. Ray spent several hours last month finalizing the material related to the exchange’s reboot for…
Coinbase Ups Lobbying Efforts In DC With A New Nationwide Campaign
Coinbase has launched a nationwide campaign in the U.S. called “Crypto: America Moving Forward” as part of its lobbying efforts The new lobbying efforts include a television campaign featuring CEO…
Philippines Reprimands Gemini’s Derivatives Exchange For Operating Without Registration
The Philippines SEC has issued a warning to Gemini’s recently launched derivatives trading platform. The securities regulator has accused the exchange of illegally operating without the necessary registration. Filipino investors…
Tether (USDT) Integrated By Bitcoin Lightning Payment Processor Strike
Summary: Digital payments processor Strike will integrate USDT, crypto’s largest stablecoin issued by Tether. CTO Paolo Ardoino said the collaboration will catapult digital currency adoption by “overcoming liquidity challenges that…
Hotbit Exits CEX Market Amid Declining Exchange Trading Volumes
Summary: Hobit users were told to withdraw all assets from the crypto exchange by Wednesday, June 21 before 4 PM UTC. The platform will shutter all centralized exchange or CEX…
Tornado Cash Attacker Funnels 360 ETH Through Crypto Mixer After Weekend Governance Exploit
Summary: The Tornado Cash attacker swapped 483,000 TORN tokens for 360 Ether before sending the ETH back to the Ethereum-based crypto tumbler. Wallets controlled by the exploiter still hold some…
Justin Sun-Linked Huobi Global Tackled In Malaysia For Unregistered Business
Summary: According to Malaysia’s Securities Commission, Huobi Global is not a registered business and must shut down its operations in the country. The order to cease operations was issued to…
NFTs Seized From 3AC Fetch $2.5 Million At Sotheby’s Auction
Three Arrows Capital’s (3AC) Grails Collection has been auctioned off by Sotheby’s for almost $2.5 million. The NFTs that were sold included Tyler Hobbs’ Fidenza #725 CryptoPunk #1326 and Dmitri…
FTX’s LedgerX Successfully Acquired By M7 Holdings
Miami-based M7 Holdings has successfully acquired FTX’s crypto derivatives exchange LedgerX. The acquisition will diversify the portfolio of M7’s parent firm, which operates the Bermuda Stock Exchange and the Miami…
Celsius Plans To Conclude Bankruptcy Auction Within A Week
Celsius Network’s bankruptcy auction is nearing its end with a possible conclusion within one week. A consortium of investors that includes Coinbase has emerged as the top bidder for the…
Coinbase Launches Subscription Service With Zero Trading Fees & Higher Staking Rewards
Coinbase has launched a new subscription service called Coinbase One. Subscribers will enjoy zero trading fees, a dedicated 24/7 support team, and higher staking rewards. The crypto exchange’s users can…
2 Million ETH Staked In May So Far, New ATH
Summary: Ethereum stakers have locked up over 2 million tokens so far in May alone, setting a new all-time high. Dune analytics data showed that daily ETH withdrawals have also…