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FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer
By incorporating Payoneer as a payment channel while excluding Nigeria and China, FTX aims to diversify asset distribution and potentially enhance recovery options for eligible cre...
Read Full Article →Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
Aave’s available USDT for lending significantly decreased after a substantial $570 million removal by an account associated with HTX, potentially impacting borrowing capacity and m...
Read Full Article →WazirX relocates to Panama after Singapore court blocks restructuring efforts
Following a significant cyberattack and subsequent legal obstacles in Singapore, WazirX’s move to Panama reflects a strategic attempt to stabilize and continue its financial operat...
Read Full Article →Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor
The delayed disclosure of a major cybersecurity incident involving tens of thousands of users has exposed the company to potential financial liabilities approaching $400 million, a...
Read Full Article →Ozark star Julia Garner to play Caroline Ellison in Obama Netflix miniseries on FTX collapse
The collapse of a major cryptocurrency exchange resulted in substantial financial losses, drawing significant industry attention and inspiring a high-profile dramatization produced...
Read Full Article →Binance lists USD1 stablecoin with trading restrictions in EU and US
Binance’s introduction of a new stablecoin tied to the Trump family’s DeFi project could impact market dynamics, though trading limitations in key regions such as Europe and the Un...
Read Full Article →Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase’s leadership is seeking to recruit former US government efficiency officials to enhance its operations, potentially impacting the broader financial landscape through incre...
Read Full Article →German authorities shut down eXch amid $1.9 billion money laundering allegations, seizes $38 million...
German regulators closed the cryptocurrency platform eXch and confiscated digital assets worth approximately $38 million amid investigations involving suspicious financial activiti...
Read Full Article →FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K
By liquidating its initial investment in Anysphere at a significantly lower valuation, the bankrupt exchange forfeited substantial potential revenue tied to the company's growth in...
Read Full Article →KuCoin disputes claims of 77% drop in Bitcoin reserves, unveils robust 106% reserve ratio
KuCoin maintains financial stability by highlighting a reserve ratio above 100%, countering reports of significant declines and reinforcing confidence in its asset management pract...
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