Crypto News

Singapore is investigating Terraform Labs and Kwon Do-hyung

Terraform Labs and Its Founder Do Kwon Subject to Investigation by Singapore Police

The founder of Terraform Labs, Do Kwon, is currently on the run from authorities around the world, as his legal woes deepen. The Singapore Police

Crypto lender Babel Finance is planning to launch a crypto-backed stablecoin

Report: Babel Finance Explores Stablecoin Option to Settle $766M Debt with Crypto

Hong Kong-based cryptocurrency lender Babel Finance is reportedly planning to launch a crypto-backed stablecoin to repay creditors after suffering a $766 million loss last year.

Binance crypto exchange had approached Gary Gensler

Binance Attempted to Hire SEC Chairman Gary Gensler as Adviser Before 2021 Appointment

Binance crypto exchange had approached Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), to be an adviser before he

Bybit crypto exchange by volume, has suspended U.S. dollar deposits

Bybit temporarily halts USD bank transfers; Silvergate’s recent crypto banking network closure suspected to be a factor

Bybit crypto exchange by volume has suspended U.S. dollar deposits and withdrawals via wire and bank transfers due to “service outages from a partner,” according

Bitcoin ATM Firm Accused of Aiding and Profiting from Crypto Scams via Unlicensed Kiosks, Says Prosecutor

Prosecutor Accuses Bitcoin ATM Company of Enabling Crypto Scams via Unlicensed Kiosks

Bitcoin of America, a Bitcoin (BTC) technology firm, and three of its executives have been indicted on charges of money laundering, conspiracy and other crimes

Binance under fire as WSJ report reveals previously unknown ties to US unit

WSJ investigation reveals Binance’s hidden connections to US entity, raising concerns over compliance

According to a recent report by the Wall Street Journal, Binance, the world’s largest cryptocurrency exchange, allegedly failed to disclose its control over Binance.US, an

The United States Department of Justice has submitted a proposal to New York seeking new bail conditions for Sam Bankman-Fried

DOJ Pursues Limitation on Sam Bankman-Fried’s Bail Terms, Proposing Only Flip Phones Allowed

The United States Department of Justice has submitted a proposal to the Southern District of New York seeking new bail conditions for Sam Bankman-Fried, the

Uphold crypto platform supports XRP

Major Crypto Trading Platform Uphold Reaffirms Faith in $XRP, Stands by the Popular Token

Uphold, a major cryptocurrency trading platform, has reaffirmed its support for $XRP, the native token of the XRP Ledger. Despite being delisted from several exchanges

Celsius Customers Can Now Withdraw Funds After Long Bankruptcy Wait

Celsius Begins Withdrawals After Emerging From Bankruptcy

Crypto lender firm Celsius has made an announcement that customers can finally withdraw their assets from the platform, eight months after the company filed for

Voyager Digital sent Shiba Inu to Coinbase

Bankrupt Crypto Lender Voyager Sells Billions in Shiba Inu to Coinbase Amid Heavy Selling Pressure

Voyager Digital, a bankrupt cryptocurrency lender, has sent billions of Shiba Inu tokens to Nasdaq-listed exchange Coinbase, in a move that suggests the lender has

FTX announced a significant shortfall in its digital asset

FTX Discloses Major Deficit in Asset Holdings during Presentation

FTX, a cryptocurrency exchange, has recently announced a significant shortfall in its digital asset and fiat currency holdings, with billions worth of customer funds missing

The supply of Binance USD (BUSD)

Binance USD (BUSD) supply plummets 60% in wake of SEC crackdown

The supply of Binance USD (BUSD), the third largest stablecoin, has decreased significantly as crypto traders abandon the troubled asset. According to recent reports, the

Goldman Sachs has been actively exploring the crypto market, investing in crypto-related companies

Goldman Sachs Expands Crypto Expertise with Latest Wave of Hires

Over the past few years, Goldman Sachs has been actively exploring the crypto market, investing in crypto-related companies, and offering its clients exposure to cryptocurrencies

MyAlgo advises users to withdraw funds following $9.2 million hack

MyAlgo Hack Causes $9.2M Losses, Users Advised to Take Action

MyAlgo, a wallet provider for the Algorand network, has urged its users to withdraw funds from any wallets created with a seed phrase following an

Coinbase crypto exchange

Binance USD Delisted by Coinbase Exchange Due to Non-Compliance with Listing Standards

Coinbase crypto exchange, has announced the suspension of Binance USD (BUSD) trading as of March 13, 2023. The decision comes in the wake of a

The Chair of the US SEC claimed that all cryptocurrencies except Bitcoin are securities

Crypto Attorneys Challenge Gensler’s Assertion That All Virtual Currencies Are Securities

In a recent interview with New York Magazine, Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), claimed that all cryptocurrencies except