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FTX creditors may recover as little as 10-25% of their original cryptocurrency holdings, according to newly revised bankruptcy documents. This estimate, shared by FTX creditor and activist Sunil Kavuri, has sparked significant…
Changpeng “CZ” Zhao, the founder and former CEO of Binance, was released from a U.S. federal prison on September 27 after serving a four-month sentence for violations of U.S. Anti-Money Laundering (AML)…
PayPal has officially rolled out a new feature allowing businesses in the United States to buy, sell, and hold cryptocurrencies. U.S. business merchants can now perform crypto transactions directly through their PayPal…
Blockchain-based inflation data platform Truflation has confirmed it was the target of a malware attack, leading to the loss of an estimated $5.2 million. The project, backed by prominent players like Coinbase…
As Bitcoin and other cryptocurrencies continue to gain momentum in 2024, Matt Hougan, the Chief Investment Officer at Bitwise, claims that some of the most influential figures in finance are now holding…
Ether.fi, a decentralized finance (DeFi) staking protocol, successfully blocked an attempted domain account takeover, preventing any compromise to user funds. On September 24, Ether.fi faced an attack involving their domain registrar, Gandi.net.…
The United States Securities and Exchange Commission (SEC) has approved options trading for BlackRock’s spot Bitcoin exchange-traded fund (ETF), marking a significant development in the cryptocurrency investment space. In a notice published…
Singapore-based cryptocurrency exchange Crypto.com continues its rapid expansion in the Middle East and North Africa (MENA) region, receiving a full payment service provider license from the Central Bank of Bahrain (CBB). This…
BingX, a leading cryptocurrency exchange, has announced the resumption of its withdrawal services following a recent hack. Initially reporting $26 million in losses, the figure has now doubled to $52 million. Despite…
BingX, a cryptocurrency exchange, recently suffered a hack that resulted in the loss of nearly $43 million in digital assets. Despite the sizable theft, the company has reassured its users that their…
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