Paxful CEO Ray Youssef has announced that the crypto marketplace is shutting down its operations. The CEO has attributed the decision to regulatory challenges in the U.S. and the departure…
Summary: The latest crypto venture of Su Zhu and Kyle Davies, dubbed OPNX, opened its doors to customers on Tuesday. Former executives from now-bankruptcy digital asset companies CoinFLEX and Three…
Summary: Aave-Chan creator Marc Zeller proposed launching the Aave V3 lending protocol on BNB Chain. Zeller suggested deploying on Binance’s DeFi chain with a basket of digital assets as supported…
Summary: The project’s DAO will rework a contentious proposal to send 750 million ARB tokens to the Arbitrum Foundation after community backlash. On-chain data showed that the foundation sold 10M…
Bittrex has announced that it will wind down its U.S. operations next month. The crypto exchange has blamed the economic environment and regulatory uncertainty in the U.S. The exchange’s management…
Bitcoin’s recent hike has brought MicroStrategy’s Bitcoin bet closer to profitability again. Under Michael Saylor, the IT firm spent over $4 billion to acquire more than 138,900 BTC over three…
FTX’s European arm has initiated the process to return the remaining assets to its customers. The platform has set up a dedicated website for clients to request final balances ahead…
Summary: U.S. authorities sold over 9,000 Bitcoin forfeited by Ross Ulbricht in the Silk Road case, a darknet marketplace shut down in 2013. The government liquidated $216 million in BTC,…
Justin Sun reportedly had his diplomatic status revoked in June last year. The Tron founder was stripped of his status as Grenada’s ambassador to the World Trade Organisation. A change…
The Singapore High Court has approved a restructuring plan for Zipmex. The approval will help customers with stranded funds on the exchange get their money back. The Thai crypto exchange…
Summary: A U.S. bankruptcy court ordered Three Arrows Capital (3AC) co-founder Kyle Davies to respond to a subpoena served on Jan. 5. Davies has 2 weeks to answer the subpoena…
Summary: Sam Bankman-Fried will reportedly please not guilty to new criminal charges filed by U.S. prosecutors. The 13-count indictment by the Department of Justice against the FTX founder includes bribery,…
Sam Bankman-Fried is reportedly covering his legal defense fees using funds from Alameda Research. The funds are part of a $10 million gift to SBF’s father, which was given using…
Binance and its top executives have reportedly concealed ties with China for several years. A recent report claimed that Changpeng Zhao directed employees to hide information regarding their presence in…
The United States and South Korea have both requested the extradition of Do Kwon. Montenegro’s Justice Minister revealed the extradition requests for the Terra founder in a press conference earlier…
