Bankrupt cryptocurrency exchange FTX has sued the parents of founder and former CEO Sam Bankman-Fried (SBF), Joseph Bankman and Barbara Fried, in order to recover millions of dollars in misappropriated and fraudulently transferred funds, the company said in a filing. The filing made by FTX’s bankruptcy estate in a Monday court has asked the court […]
Tag: STO
OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards
Hong Kong, Hong Kong, September 20th, 2023, Chainwire OKX, a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The […]
Aleph Zero’s Quest for Privacy Sends AZERO Price Skyrocketing
The upward momentum this week has kept Bitcoin above $27,000 as of Tuesday, while Ethereum has been trading at around $1,645. With this, the total market capitalization of cryptocurrencies currently stands at $1.12 trillion. These gains came despite Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware approving FTX’s motion to […]
TRX Skyrockets: Is Tron Leaving Competitors in the Dust or Just Catching Up?
As Bitcoin price moved higher, surpassing $26,750 on Thursday, altcoins also rejoiced with gains. The latest gains came after Monday’s brief move below crucial support at $25,000 on the back of upbeat China’s August retail sales and factory output data that has revived risk sentiment in financial markets. Altcoins, including Tron’s TRX, jumped just days […]
Japan eases regulations on startup financing to allow for crypto
Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise funds with a view to revamping the sector amid growth in venture capital funding. According […]
What Does the CFTC Mean When it Says it Wants to Modernize Investor Protection?
The Commodity Futures Trading Commission (CFTC) recently garnered headlines for its dedication to improving investor protection. But what precisely does this venture include, and why is it important for investors and the financial industry in general? Modernization in a Regulatory Context When the CFTC speaks about updating investor protection, it refers to a holistic approach […]
Analyst on Solana: Could be “sell the rumor, buy the news” for SOL
Solana is one of the cryptocurrencies to struggle the most in the market since FTX imploded in 2022. FTX liquidators have approval to liquidate $3.4 billion worth of crypto assets. The collapsed exchange holds $1.2 billion in SOL, Solana’s native token. The native Solana token SOL, which makes up a significant percentage of the bankrupt […]
Breaking: crypto exchange Remitano hacked for over $2.7 million
A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious activities have been reported on Remitano, a cryptocurrency exchange platform headquartered in Seychelles. Notably, the platform witnessed […]
Russian billionaires sanctioned for profiting off Ukraine war
Russian billionaires Andrei Bokarev and Iskander Makhmudov have been sanctioned by the US for allegedly making money off the Ukraine war. Another day, another sanction In the ongoing saga of sanctions, the U.S. has played its latest card—this time targeting Russian billionaires Bokarev and Makhmudov. These titans of wealth, along with over 150 other entities, […]
What is Tokenomics and How it Affects Crypto?
In the volatile realm of bitcoin, success is frequently characterized by factors other than technological innovation. While revolutionary blockchain solutions receive a lot of attention, the economic design of any cryptocurrency project is what makes it successful. What is Tokenomics? Enter “Tokenomics,” a word that has come to represent the strategic and economic framework that […]
