More Than $700 Million Has Been Taken from Sam Bankman-Fried
According to Sam Bankman-Fried, the disgraced head executive of the now defunct crypto exchange FTX, he only had about $100,000 to his name after his business fell into bankruptcy and…
Dutch Bank Fines Coinbase, Requires Over $3 Million
The Dutch Central Bank has thrown a $3.6 million penalty fee at Coinbase for allegedly failing to meet the region’s registration requirements prior to offering digital currency services in the…
Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex…
How Did FTX Become the Opposite of What It Wanted to Be?
The FTX exchange, according to past testimony provided by its now disgraced founder and chief executive Sam Bankman-Fried, was initially designed as a way to merge both the crypto space…
After SEC warning, Binance exchange minted 50 million TrueUSD
The exchange Binance has recently been in the news for minting 50 million units of the TrueUSD stablecoin after the US Securities and Exchange Commission (SEC) ordered it to stop…
Gemini Exchange Engages in More Layoffs
The Gemini exchange, which is based in New York and run by Cameron and Tyler Winklevoss of “The Social Network” fame, is laying off another ten percent of its workforce…
El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga…
Genesis Is Next Crypto Firm to Go Bankrupt
Not long ago, Live reported that Genesis Global Capital – the lending division of the Digital Currency Group (DCG) – was preparing for bankruptcy. While it looked like the situation…
Crypto Twitter: exchanges have gone wild on the social network
Over the past few days, the crypto section of Twitter has seen massive sharing, including the case of Coinbase and Kraken exchanges, which have been ranting on the social network…
Crypto exchanges are going wild on Twitter
Over the past few days, the crypto section of Twitter has seen massive sharing, including the case of Coinbase and Kraken exchanges, which have been ranting on the social network…