Exchanges

Recent media reports have sparked speculations about Vitalik Buterin, co-founder of Ethereum (ETH), selling off his ETH holdings. These reports were based on the observation of wallets connected to Buterin sending Ethereum to exchanges, unknown addresses, and a Gnosis Safe Proxy wallet. The transactions occurred over a span of seven days in September and followed

The Monetary Authority of Singapore (MAS) has granted an in-principle approval to UPbit Singapore, the Singapore subsidiary of South Korean cryptocurrency exchange UPbit. The approval allows UPbit Singapore to offer regulated Digital Payment Token Services while awaiting full approval. This is a significant milestone for UPbit Singapore, as it now joins other exchanges such as

In a groundbreaking move that blends the worlds of cryptocurrency and motorsport, the renowned cryptocurrency exchange Kraken has recently announced its partnership with the iconic Formula 1 team, Williams Racing. This exciting collaboration signifies the coming together of two trailblazing organizations that are known for their pioneering technologies and their shared vision for the future

In a bold move, crypto investment firm Paradigm has filed an amicus brief to support Binance’s bid to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit against it. Seeking to safeguard the development of crypto technology in the United States and protect market stability, Paradigm aims to prevent the SEC from interpreting securities laws

Aditya Baradwaj, a former engineer at Alameda Research, has exposed the alarming security flaws that contributed to the company’s staggering losses of nearly $200 million. These revelations shed light on how the founder, Sam Bankman-Fried, prioritized rapid expansion over essential risk management protocols, ultimately compromising the company’s security. Baradwaj has accused Bankman-Fried of disregarding standard

The U.S. Securities and Exchange Commission (SEC) has recently found an ally in the North American Securities Administrators Association (NASAA) in the ongoing legal battle against Coinbase. NASAA, a nonprofit association of securities regulators, has backed the SEC’s actions against the cryptocurrency exchange, emphasizing the prevalence of fraudsters in the industry. In this article, we

In recent days, the SBF trial has sent shockwaves through the crypto industry as testimonies revealed startling revelations about Alameda Research and its CEO, Caroline Ellison. The trial has exposed a web of fraudulent activities, financial distress, and dubious transactions that have left both investors and industry experts questioning the integrity of the company. This

The South Korean cryptocurrency exchange, UPbit, has recently revealed a concerning trend in cyberattacks. According to data shared by the exchange’s operator, Dunamu, UPbit has experienced a staggering 159,061 hacking attempts in the first half of this year alone. This figure marks an alarming increase from the 8,356 attacks reported in the latter half of

The crypto intelligence firm, Arkham Intelligence, which was once regarded as a reputable player in the industry, is now under scrutiny following a damning report released by whistleblower platform Crypto Leaks. The report accuses the company of exploiting vulnerabilities at major exchanges, such as Binance and FTX, to uncover users’ personal information. These allegations have

The recent revelation that some U.S.-based employees of FTX were aware of a backdoor that allowed Alameda to withdraw customers’ funds has sent shockwaves through the cryptocurrency industry. This discovery raises serious questions about the integrity and transparency of FTX, as well as the ethical practices of its employees. In this article, we will delve