Crypto Trading firm Genesis says Frozen Funds on FTX
Genesis Trading stored over $175 million in an FTX trading account. The Bahamas Securities Commission said that it had frozen the assets of FTX Digital Markets. Genesis Trading, the market…
Bahamian Regulator Freezes FTX Assets, Labeling It as a “Prudent Course of Action”
Bahamas took proceedings to seize FTX Digital Markets’ assets and those of associated parties. Bahamas Securities Commission revoked FTX’s registration and assigned an attorney. According to a press release on…
Tornado Cash Sanctioned by U.S Treasury Yet Again
Tornado Cash developers, founders, DAO members, and users are not subject to sanctions.Public opinion is divided on the sanctions imposed on the project.The ideal mixing protocol, for Ethereum, Tornado Cash,…
Facebook (Meta) Sacks 21,000 Employees. Read Mark Zuckerberg’s Message
Mark Zuckerberg just shared the following with Meta employees: Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of…
Deribit Hacker now Transferring Stolen ETH Via Tornado Cash
Reports of a $28 million loss at Deribit due to a hot wallet attack surfaced on November 2. The attacker transferred a total of 1,610 ETH over the course of…
Coinbase in Germany Under Scrutiny by Financial Regulator BaFin
The regulator claimed to have discovered “organizational deficiencies” at the exchange. It showed inconsistencies in the way the company was run across all audited departments. BaFin, Germany’s Federal Financial Supervisory…
Binance included Nigerian currency Naira on Its Trading Gateway
Nigerian users can now able to deposit and withdraw NGN in Binance. Nigeria and Binance are seeking to create a blockchain-based digital economic zone. Binance the world’s most prominent cryptocurrency…
Binance Boss Reveals Exchange Still Holding Terra Classic
CZ clarified that the $585M transaction of FTT tokens was initiated by the exchange. In April, Binance’s LUNC holdings were valued at almost $1.6 billion. Changpeng Zhao (CZ), CEO of…
$3.15B Worth of Bitcoin Transferred to Exchanges last 2 days.
Bitcoin (BTC) surpassed the $20,000 barrier last week.The latest FTX-Binance crisis has also caused increased concern among investors.Volatility has returned to the crypto markets. Coinglass reports that in the last…
OpenSea NFT Marketplace Clears Stand on NFT Royalties
The marketplace that facilitated the purchase then pays the creator the royalties.OpenSea explained its policy on NFT royalties in a Twitter discussion. For each time one of an artist’s NFTs…