Defunct Crypto Exchange FTX Sues Bybit to Reclaim $953 Million.
According to the lawsuit, Mirana put undue pressure on FTX staff to process withdrawal. The lawsuit seeks to recover all funds valued at an astounding $953M. Crypto exchange FTX’s bankruptcy…
DeFi Platform Raft’s Stablecoin Down 87% Post Recent Exploit.
A hacker stole 1,577 ETH and promptly transmitted 1,570 ETH to a burn address.Raft’s R dollar-pegged stablecoin declined to $0.1329, down 86.93% in the last 24 hours.DeFi platform Raft lost…
This is Why Turkish Investors Are Interested in Crypto: Survey.
Crypto has a higher adoption rate in Turkey than traditional assets like precious metals, stocks, and bonds.As cryptocurrency adoption increases in Turkey, investors flock to the novel sector for different…
Here’s When Binance Will Stop Russian Ruble Deposits.
Binance will halt Russian RUB deposits on Nov 15, 2023, as part of the market exit. Ruble withdrawals are available until Jan 31, 2024.Cryptocurrency exchange Binance has announced the suspension…
Why Crypto Market is Pumping? This Could be the Reason.
The cryptocurrency market has displayed bullish momentum, with a 2% increase in the past 24 hours.Bitcoin (BTC) has reclaimed the spotlight, surging to $37,904, marking a 16-month high.In the past…
US Senator Ted Budd Introduces Keep Your Coins Act.
This initiative seeks to uphold the independence of cryptocurrency users and protect their capacity to personally safeguard digital assets. In a move aimed at preserving the autonomy of cryptocurrency users…
China Imposes Criminal Penalties for Theft of Digital Collections.
Theft of digital collections constitutes theft of computer information as per the declaration.Collections should be recognized as property in the framework of criminal law.The government of China issued a statement…
Justin Sun Offers 5% Bounty for Returning Poloniex Stolen Funds.
The hackers were given seven days to accept his offer or face legal repercussions. Poloniex’s losses climbed from $100 million to $126 million, according to new figures.Justin Sun, who recently…
Genesis Proposes Slashing 3AC Claim from $1B to $33M.
The crypto lender has decided to settle out of court to avoid the risks and expenses. Genesis has proposed lowering the claim and giving up rights to certain crypto assets.Bankrupt…
Bitcoin Bullish Aim $40k. Is It Possible?
Bitcoin Open interest touches new heights reaching $7 billion. Bloomberg predicts a 90% ETF approval chance by Jan. 10.Bitcoin’s recent meteoric rise to $37,967, a level not witnessed in nearly…