BitMEX's investigation allegedly discovered new insight into the group's inner workings and “significant lapses in operational security.”
Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, produced under Barack and Michelle Obama’s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some traders see this round of $5 billion in FTX unlocks as a potential liquidity source for an upcoming “alt season.”
Canary Capital's filing follows the SEC's confirmation that proof-of-stake staking activities do not constitute securities transactions.
Thailand's securities regulator announced that crypto exchanges Bybit, 1000X, CoinEx, OKX and XT will be banned locally starting June 28.
The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the […]
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The SEC is seeking to dismiss its lawsuit against crypto giant Binance, according to a court document filed on Thursday.
Rails aims to enable participants to earn yield on their bitcoin while bolstering the Lightning Network's performance and scalability.
Julia Garner will star as Caroline Ellison and Anthony Boyle will lead as Sam Bankman-Fried in the 8-episode series.
Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29. This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries. Bybit plans to make Austria the hub […]
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In November, Hyperliquid held about 30% market share, meaning the protocol has more than doubled its dominance in just six months.
The European crypto brokerage launched a Bitcoin treasury strategy, joining a growing list of firms accumulating the cryptocurrency.
Coinbase's CDP Wallets enable developers to create secure, programmable wallets via API without handling private keys.
Discussing the policies already enacted by the Trump administration, Sacks also claimed it could achieve its crypto agenda by August.
Allan Guo was a director of a company behind ACX crypto exchange, which collapsed in 2019 and left users unable to withdraw their assets.
BitGo has reportedly initiated the second phase of FTX’s repayment process, marking another milestone in the exchange’s long-awaited recovery effort. On May 27, FTX creditor Sunil Kavuri reported that user accounts had been credited through BitGo as part of the repayment rollout. However, these funds will remain locked from trading until May 30. He said: […]
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The company's new digital asset, called BGUSD, offers a minimum annualized yield of 4%, Bitget said in a statement.
Strategy also purchased $427 million worth of bitcoin, and crypto investment products saw inflows of $3.3 billion last week.
Alpaca Finance called Binance's decision last month to delist its token a "major blow" that prevents the project from pursuing new initiatives.
The exchange disclosed earlier this month that it had suffered a data breach in December, which appeared to trigger a stock drop that day.
Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29% […]
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Kraken has introduced perpetual futures contracts for Pi Network’s native token, PI, allowing traders to speculate on its price with up to 20x leverage, according to a May 23 announcement. The listing marks the token’s first appearance on a major derivatives platform. However, it failed to create positive momentum for the token’s price. Based on […]
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Open interest on Hyperliquid crosses $9 billion for the first time as bitcoin surged over $111,800 and demand for crypto derivatives jumped.
The UK Court of Appeals dismissed a high-profile challenge by BSV Claims Ltd, which sought up to £9 billion in damages from Binance and other exchanges over the 2019 delisting of Bitcoin Satoshi Vision (BSV). BSV Claims, acting on behalf of around 243,000 BSV holders, alleged that coordinated delisting actions by Binance, Kraken, and ShapeShift, […]
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Kraken is preparing to roll out a new product that will allow users in select countries outside the US to trade tokenized versions of major American stocks and ETFs 24/7. According to the May 22 announcement, the offering will include names such as Apple, Tesla, and Nvidia, with plans to expand the selection over time. […]
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Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
ZachXBT said a wallet involved in social engineering attacks on Coinbase users sent him a troll text onchain following this week's data breach disclosures.
Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users. According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% […]
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