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Crypto

SOL Wallets Shift Over $60 Million to Coinbase Exchange

SOL Whales Transfer More Than $60 Million to Coinbase

A group of massive Solana whale wallets recently transferred more than $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series

March 8, 2023
Thailand’s Finance Ministry

Uncertainty Lingers for Crypto in Thailand Despite Government’s Tax Incentives

Thailand’s Finance Ministry announced on February 7th that it would waive corporate income tax and value-added tax for firms conducting initial coin offerings (ICOs) for

March 8, 2023
White Hat Hacker Restores Trust in DeFi Lending Platform and Earns $97,000

White Hat Hacker Returns Funds to Tender.fi and Receives $97,000 in Recognition

An ethical hacker has recently exploited the Tender.fi lending platform, which operates on the decentralized finance (DeFi) network. In an unexpected turn of events, the

March 8, 2023
FTX's Legal and Accounting Expenses Soar to Nearly $40M in Just One Month

FTX Legal and Accounting Team Rack Up $40M in Billable Hours in Just 30 Days

Bankruptcy lawyers representing embattled crypto exchange FTX have submitted an invoice for a staggering $38 million for their services. This comes as creditors are seeking

March 8, 2023
CoinGate Integrates Binance Pay to Streamline Crypto Transactions

CoinGate Integrates Binance Pay for Convenient Crypto Transactions

CoinGate, the well-known cryptocurrency payment processor, has recently partnered with Binance Pay, allowing businesses to accept payments from Binance Pay users. The integration of Binance

March 8, 2023
Kraken Bank

Kraken Pushes Ahead with Launch of Crypto Bank Despite Regulatory Issues in the US

Kraken, the US-based cryptocurrency exchange, announced its plan to open a crypto bank in Wyoming last year. The bank, designated as a special purpose depository

March 8, 2023
Binance has received court approval to acquire Voyager Digital’s assets.

Binance.US Acquires Voyager Digital’s Assets After Defeating SEC Objection

Binance.US, the American subsidiary of Binance, has received court approval to acquire Voyager Digital’s assets. The SEC had filed a limited objection to the acquisition

March 8, 2023
Coinbase Under Fire for Refusing to Compensate Customers Impacted by Security Breach

Coinbase Takes Heat for Not Restoring Customer Trust After Security Breach

Coinbase exchange is embroiled in a dispute with a hacking victim over a security breach that resulted in customer losses. The incident occurred in May

March 8, 2023
The Silvergate bank run has created a ripple effect in the crypto industry, with investors seeking alternative options to protect their assets.

Silvergate Bank Run Triggers Rush to Stablecoins Among Crypto Enthusiasts

The Silvergate bank run has created a ripple effect in the crypto industry, with investors seeking alternative options to protect their assets. One of the

March 7, 2023
Argo's Bitcoin Mining Success Defies Growing Difficulty

Argo Overcomes Bitcoin Difficulty Hike to Boost Mining Output

Publicly-listed Bitcoin mining company, Argo Blockchain, has announced a significant increase in daily BTC production despite a sharp spike in network difficulty. In February, Argo

March 7, 2023
Algodex revealed that a malicious actor had infiltrated the company’s wallet on March 5

MyAlgo Issues Renewed Withdrawal Warning in Light of Algodex’s Disclosure of Malicious Wallet Breach

Algorand-based wallet provider MyAlgo has once again urged its users to withdraw their funds following a security breach in February that appears to remain unresolved.

March 7, 2023
Binance has contributed more than $2 million to women

Binance Vows to Fund Web3 Education Programs for Women

Binance, the world’s largest cryptocurrency exchange by trading volume, is recommitting to increase the number of women engaged and employed in the Web3 industry this

March 7, 2023
Banks Avoiding Crypto Clients, According to Kraken's Chief Legal Officer

Kraken Executive Says Banks Shying Away from Crypto Users

Marco Santori, the Chief Legal Officer for Kraken, recently spoke about the challenges that crypto companies face when trying to establish relationships with banks in

March 7, 2023
Bybit has announced that it will soon launch a new debit card

Bybit Unveils New Debit Card with Mastercard Support Following USD Transfer Pause

Bybit has announced that it will soon launch a new debit card that allows users to make payments and withdraw cash using their cryptocurrency holdings.

March 7, 2023
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

March 7, 2023
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.

March 6, 2023
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