Digital Currency Group Wants To Refinance $1.7 Billion Debt Owed To Genesis
The Digital Currency Group is looking to refinance the $1.7 billion debt it owes to its bankrupt subsidiary Genesis. Barry Silbert’s...
Ethereum News
Former Coinbase Manager Sentenced To 2 Years For Insider Trading
Ishan Wahi, a former product manager at Coinbase, has been sentenced to two years in prison. A federal judge handed Wahi...
OKX Sends $57 Million In Digital Assets To Alameda Bankruptcy Wallets
Summary: Wallets controlled by Alameda Research received millions of Tether’s stablecoin USDT and MASK tokens from OKX on Tuesday.The wallets...
BREAKING: Bittrex Inc Files For Chapter 11 Bankruptcy
Crypto exchange Bittrex has filed for Chapter 11 bankruptcy in the state of Delaware. The U.S. Treasury Department’s OFAC is listed...
Paxful Resumes Operations After Being Offline For A Month
Paxful has announced the resumption of operations after being suspended for over a month. The P2P crypto platform suspended operations last...
Canada’s Central Bank Invites Public Feedback On CBDC Plans
Canada’s central bank is launching an online public consultation to discuss the features of a potential CBDCThe Bank of Canada...
Coinbase Executives Engage UAE Lawmakers Amid US Regulatory Crackdown
Summary: Coinbase CEO Brian Armstrong hailed legislators in the United Arab Emirates for developing reasonable guidelines for crypto businesses and...
Bitcoin Fees Hit 2-Year High As BRC-20 Tokens Gain Steam
Summary: The average cost of sending a single transaction on Bitcoin’s blockchain soared to almost $20, its highest point since...
Aave V3 To Launch On Ethereum L2 Network Metis Following Positive Community Vote
Summary: The Aave DAO completely voted in support of a proposal to launch the third iteration of its lending service...
Binance Resumes Bitcoin Withdrawals After Network Congestion Caused Suspension
Binance has resumed Bitcoin withdrawals on its trading platform. The exchange suspended withdrawals earlier today, citing congestion in the Bitcoin network. Binance’s...
Binance Faces DoJ Probe Over Potential Violation Of Russian Sanctions
The U.S. Justice Department is reportedly probing Binance for potential violation of sanctions imposed on Russia. The DoJ’s national security division...
Binance Responds To Reuters’ Report On Accounts With Terrorism Links
Binance has responded to a report from Reuters which claimed that the exchange entertained accounts linked to terror outfits.Reuter recently...
Prosecutors Push For Do Kwon’s Extradition To South Korea, 40-Year Sentence Possible
Summary: Do Kwon could face 40 years in prison if prosecuted and found guilty by a court in his home...
Plan For Stricter Crypto Rules Unveiled By New York AG Letitia James
Summary: New York Attorney General Letitia James is pushing to empower the State’s Department of Financial Services with the authority...
Ethereum Gas Fees Hit 1-Year High Amid Memecoin Renaissance
Summary: Etherscan data showed the average cost of Ethereum transactions rose as high as $15 on May 4, a 1-year...
