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HTX withdrawals and deposits have been temporarily suspended, and all losses will be covered by the exchange, Sun said.

#finance #news #bcb group #people #banks

Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.

An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth.

#finance #news #fraud #kpmg #kpmg canada #chainalysis #exploits

The duo will help companies adhere to crypto regulations and advance anti-money laundering compliance programs.

According to a memo published by the SEC, officials from the Division of Trading and Markets met with Grayscale's CEO and other principals.

#cryptocurrencies #binance #department of justice #united states #changpeng zhao

Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down.

Order book liquidity refers to the capacity to trade quickly at quoted prices.

Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.

Following a week of turmoil at OpenAI that saw Sam Altman leave the ChatGPT developer, Altman will return as CEO of the firm.

The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.

The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023.

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”

#news #policy #regulations #gemini #genesis #dcg #court filings #bankruptcy #winklevoss twins

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.

#markets #news #bitcoin #binance #options

We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

#news #technology #openai

"I’m looking forward to returning to openai, and building on our strong partnership with msft (Microsoft)," Altman said in a post early Wednesday.

#btc price #tether #bitcoin dominance #ethereum price #eth #usdt

Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all, that is.

The overnight price volatility in bitcoin and other cryptocurrencies washed out a notable chunk of leverage from the market, with bitcoin alone seeing more than $65 million worth of liquidations in futures markets.

Some observers believe Binance's downfall has boosted the spot-ETF approval odds.

Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust.

#artificial intelligence

Apple's Tim Cook spoke with Dua Lipa about AI's potential and the necessity for regulatory frameworks.

Kyle Vogt said he was optimistic about his business, but regulatory actions may have made moving forward untenable.

#opinion #consensus magazine #doj #crime #binance #changpeng zhao #sec #cz #treasury #culture #exchanges

Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from the U.S. Securities and Exchange Commission that echoes the SEC's previous wave of suits.

#artificial intelligence

While the drama at OpenAI captures most of the attention, OpenAI challenger Anthropic delivers the latest version of its capable chatbot.

Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.

#gaming

Animoca Brands and Ubisoft are teaming up to add Champions Tactics to the Mocaverse Frequent Player Program.

The expanded version of Cyberpunk 2077 is coming to PC, PS5, and Xbox—but only one version ships with three discs.

#opinion #consensus magazine

We probably will never see another company quite like Binance. Crypto itself might be borderless, but crypto companies are not beyond the reach of US law.

The exit of its CEO suggests a resurgence in U.S. regulatory pressure, but how relevant is the development to borderless cryptocurrencies?