Judge Amy Berman Jackson ordered Finance.US to invest customers’ assets in U.S. Treasury bills, which are considered safe investments because the U.S. Treasury Department backs them. Binance.US also has to…
The judge ruled Legkodymov’s 18 months in Brooklyn’s MDC was sufficient punishment for $700M in illicit proceeds from the Russian dark web. On July 18, Judge Eric Vitaliano sentenced the…
Bybit maintains strong reserve ratios, with BTC reserves at 107% and USDT at 103%, showcasing its financial stability. Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of…
On July 19, 2024, Senator Cynthia Lummis, a prominent advocate for digital currencies, once again praised Bitcoin’s resilience amidst a significant Microsoft outage. Lummis made a post on X, saying,…
WazirX and Liminal Custody, the lead actors of yesterday’s hacking fiasco are playing the Blame Game with each other for the success of the attack. The staggering $230 million crypto…
WazirX’s plan includes tracing stolen funds, recovering assets, and thorough investigation post-hack, after roping in forensic experts.In response to the devastating $230 million security breach, WazirX revealed that it has…
Political figures that support Bitcoin have long argued for the classification of Bitcoin as a strategic reserve asset. Former United States President Donald Trump is expected to give a much-anticipated…
Cardano’s Charles Hoskinson believes that Biden’s policies could destroy American crypto industry. Charles Hoskinson, the co-founder of Input Output Global (IOG) and the Cardano blockchain platform, believes that re-electing President…
The company now owns 204.34 BTC worth $13.2 million in total, alongside newly bought SOL and CORE tokens. DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired…
The bankrupt crypto lender will start distributing funds to clients via Coinbase later this month. Bankrupt crypto lender BlockFi announced a significant step in its effort to repay its clients.…
