Elon Musk Praises Bitcoin’s Energy-Backed Economic Model.
Elon Musk has sparked discussion in the crypto space by praising Bitcoin’s energy-backed value, linking it to the context of a new global AI arms race. In response to an…
OKX Partners with Standard Chartered Bank for European Expansion.
Standard Chartered and OKX have joined hands to expand their business to the European Economic Area (EEA). This move comes after their successful expansion in the United Arab Emirates (UAE)…
Coinbase Confirms BNB Token Listing Amid Fee.
Coinbase, one of the leading cryptocurrency exchanges, has announced that it plans to list BNB, the native token of Binance’s ecosystem on its platform. The exchange confirmed that trading will…
Paxos Accidentally Mints $300 Trillion PYUSD.
Stablecoin issuer Paxos briefly sent shockwaves through the crypto world on Wednesday after it accidentally minted $300 trillion worth of PayPal USD (PYUSD) on the Ethereum blockchain. According to on-chain…
MIT Brothers on Trial for $25M Crypto Theft Case.
Two brothers from the Massachusetts Institute of Technology are standing trial in Manhattan federal court this week, accused of pulling off a $25 million cryptocurrency theft. According to a report…
US Files Largest Crypto Forfeiture Action: $15B in Bitcoin.
The Department of Justice (DOJ) today announced a civil forfeiture action against Chen Zhi, the founder and chairman of the Prince Holding Group, for approximately $15 billion in Bitcoin, currently…
Binance Adds $400M Compensation for Users Liquidated in Crypto Selloff.
Liquidated In Crypto SelloffBinance announced that it will add another $300 million in stablecoins as extra compensation to customers who were forced into liquidations during the recent crypto crash that…
SBF Claims Biden Administration Targeted Him Over GOP Donations.
Sam Bankman-Fried, or SBF, the convicted founder of the fallen crypto exchange FTX, has claimed the Biden administration targeted him as he shifted his political donations to the Republican Party,…
Japan Plans to Ban Crypto Insider Trading Under New Rules.
Japan is preparing to ban cryptocurrency insider trading under new rules that will treat digital assets like traditional securities. The Financial Services Agency (FSA) and the Securities and Exchange Surveillance…
Binance Faces Record $21.75B Outflow Amid Market Chaos.
Binance, the world’s largest exchange by asset value, is facing a record $21.75 billion outflow over the past seven days. This sudden drop in exchange balance came after the U.S.…