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Coinbase Considers Acquisition of Bankrupt FTX Europe
September 22, 2023
According to recent reports, Coinbase, a renowned crypto exchange, has expressed interest in acquiring FTX Europe, a subsidiary of the bankrupt FTX. This interest is observed as part of Coinbase's …
Read moreCrypto Exchange Bybit Prepares for Temporary Suspension in UK Due to Regulatory Changes
September 22, 2023
Crypto exchange Bybit is set to temporarily halt its services in the United Kingdom, in light of anticipated regulatory changes by the U.K.'s Financial Conduct Authority (FCA) scheduled for October. …
Read moreCore Scientific Buys 27K Bitcoin Mining Servers in a $77M Deal with Bitmain
September 22, 2023
In a major consolidation move within the crypto mining industry, Core Scientific has decided to purchase 27,000 Bitmain S19J XP 151 TH bitcoin mining servers. The deal involves a mix …
Read moreCrypto Analytics Firm Nansen Faces Security Breach, User Data Exposed
September 22, 2023
Renowned cryptocurrency analytics platform, Nansen, suffered a serious security breach compromising customer access to their systems. The incident took place on September 20 when one of Nansen's trusted third-party vendors …
Read moreFTX In Crisis: Lawsuit Against Ex-Affiliates and Bulk Buyout of Bankruptcy Claims
September 22, 2023
FTX is amidst a whirlwind of financial challenges. Following the recent collapse, the bankrupt crypto exchange has filed a lawsuit against former employees of its Hong Kong affiliate, Salameda. The …
Read moreCrypto Exchange Mt. Gox Repayment Deadline Delayed to October 2024
September 22, 2023
The repayment deadline for the hacked cryptocurrency exchange Mt. Gox has been extended by a year, according to a letter published by the Rehabilitation Trustee. The decision was made to …
Read moreBinance and CEO Push for Dismissal of SEC Lawsuit
September 22, 2023
Binance Holdings and its CEO, Changpeng Zhao, have sought dismissal of the US Securities and Exchange Commission (SEC)'s lawsuit against them. A petition has been filed claiming that SEC had …
Read moreIn-depth Analysis: DNS Attack on DeFi Protocols
September 22, 2023
Domain Name Service (DNS) attacks, a type of malicious activity where an attacker interferes with the DNS resolution process, are becoming prevalent in the crypto world, causing significant losses. A …
Read moreEx-Employee Alleges Firm's Error to be Behind Dramatic Bitcoin Drop in 2021
September 21, 2023
An error by an employee of Alameda Research, a trading firm, is said to have caused Bitcoin's price to drop by 87% on Binance.US in 2021, according to a former …
Read moreUK's Financial Regulator Issues Final Warning to Crypto Firms on Upcoming Compliance Deadlines
September 21, 2023
The Financial Conduct Authority (FCA), the UK's financial markets regulator, has issued a stern warning to cryptocurrency firms about the upcoming financial promotions regime due to start in October. The …
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