Market News

Whether you’re an investor, trader, or simply interested in the world of cryptocurrencies, our Crypto Market News category offers timely and insightful coverage to help you stay on top of this rapidly evolving industry.

Blockchain security company CertiK has successfully blocked $160,000 of stolen funds from Merlin

$160K in Stolen Funds from Merlin DEX Recovered by Blockchain Security Firm

Blockchain security company CertiK has successfully blocked $160,000 of stolen funds from Merlin, a decentralized exchange based on zkSync that was the subject of a

FTX’s bankruptcy proceedings have seen lawyers

Mainstream Media Steps Up Efforts to Obtain Non-US FTX User Identities

Four major media outlets in the United States – Bloomberg, Dow Jones, The New York Times, and the Financial Times – have filed a new

https://optimisus.com/market/market-news/ftx-seeks-to-recover-4-billion-from-genesis-in-clawback-claims/

FTX Aims to Recover $4 Billion in Cryptocurrencies from Bankrupt Lender Genesis

Bankrupt crypto exchange FTX is seeking to recover billions of dollars from embattled crypto lender Genesis Global Capital. FTX claims that it was able to

WSB Coin

Alleged Rugpull Sends WSB Meme Coin Plummeting by 86%

WSB Coin, dubbed the unofficial coin of the Wall Street Bets (WSB) community, has suffered an 86% drop in value, with many alleging a rug

Ripple CEO Brad Garlinghouse is set to share his thoughts on the future of crypto utility

Ripple’s Brad Garlinghouse to Address Crypto’s Practical Usage at Dubai Conference

Ripple CEO Brad Garlinghouse is set to share his thoughts on the future of cryptocurrency utility and regulation at the upcoming Dubai Fintech Summit. Garlinghouse

Coinbase has announced the launch of its international exchange

Coinbase Announces New International Exchange as Regulatory Tensions Mount

Coinbase has announced the launch of its international exchange to serve institutional investors outside the US. The move comes as the largest US-based cryptocurrency exchange

The latest to adopt AI is Crypto.com

Crypto.com Introduces Amy, The AI Chatbot Powered by ChatGPT

Artificial intelligence (AI) is fast becoming an integral part of many industries, and the crypto industry is no exception. The latest to adopt this technology

Banking Meltdown on the Horizon as Study Suggests Half of US Banks Could Be Insolvent

US Banking Industry Faces Possible Collapse as Half of Banks Could Be Insolvent

The banking crisis in the United States is worsening as research suggests that American banks could be in much more trouble than previously thought. According

FTX takes to Twitter to notify crypto influencer

FTX lawsuit serves popular crypto influencer through social media

A cryptocurrency influencer has been served a lawsuit through a tweet as a U.S. court approved it as the last resort to notify him. Tom

FTX’s bankruptcy proceedings have seen lawyers

FTX advisors under fire for $103M Q1 fees billed to bankrupt firm

FTX’s bankruptcy proceedings have seen lawyers and consulting firms bill a whopping $103 million in the first quarter. A total of five firms have invoiced

BitFlyer USA Hit with $1.2M Fine by NYDFS for Inadequate Cybersecurity Controls

BitFlyer USA Penalized $1.2M by NYDFS for Non-Compliance with Cybersecurity Regulations

BitFlyer USA, a cryptocurrency exchange, has been fined $1.2 million by the New York State Department of Financial Services (NYDFS) for failing to meet the

MicroStrategy has remained bullish on Bitcoin

MicroStrategy Stands Firm on Bitcoin Investment, Doubles Down Despite Fluctuations in Market Conditions

In recent times, the value of cryptocurrency has been highly volatile, with many companies and investors expressing doubts about its long-term stability. However, MicroStrategy, a

Law enforcement arrest 288 dark web vendors, confiscate $55M

Dark web vendors caught: Police arrest almost 300 and seize $55M in crypto and cash

Europol and nine countries have successfully taken down the notorious dark web marketplace, Monopoly Market, in a coordinated operation codenamed SpecTor. The operation led to

Coinbase in Hot Water Over Biometric Data Collection: Lawsuit Filed for Privacy Violations

Coinbase Accused of Collecting Biometric Data Without Consent, Faces Lawsuit

A proposed class-action lawsuit has been filed against Coinbase for violating Illinois’ Biometric Information Privacy Act (BIPA) through its collection and storage of customer fingerprints

Poloniex pays $7.6M to settle with US Treasury’s OFAC over sanctions violations

Crypto Exchange Poloniex Reaches $7.6M Deal with US Treasury’s OFAC

Poloniex has agreed to pay $7.6 million to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) to settle allegations of various

The Ripple vs SEC legal battle continues to keep XRP investors on the edge of their seats

Ripple and SEC Headed for Undisclosed Meeting Next Week in Ongoing Court Battle

The Ripple vs SEC legal battle continues to keep XRP investors on the edge of their seats. Despite expectations of a verdict by the end