FTX Pay is integrating with Reddit to permit users to unlock new crypto features. The integration will help users purchase ETH via supported Reddit apps to pay for their blockchain gas fees. The newest integration of Reddit with crypto exchange FTX’s payment and exchange infrastructure platform, FTX Pay, will permit...
A Celsius committee of creditors is investigating potential misconduct by Celsius and insiders. The official statement singles out CEO Alex Mashinsky. The committee has hired a law firm and other agencies to help with the process. More developments are unfolding in the Celsius Network saga, as the Celsius’ Creditor Committee...
Crypto.com has received a necessary license in South Korea, the team announced. The exchange secured the licenses by acquiring two companies. More crypto companies are working on receiving approval as the regulatory noose tightens. Crypto.com has received the registration for Electronic Financial Transaction Act and Virtual Asset Service Provider in...
Beanstalk stablecoin relaunches after going offline for four months. The stablecoin was earlier a victim of a flash loan attack that resulted in the firm losing nearly $182 million worth of funds. The credit-based stablecoin Beanstalk has relaunched its protocol after four months. The stablecoin had earlier suffered a massive...
CZ talks about crypto adoption with the president of the Central African Republic after the nation adopted Bitcoin (BTC).
Forbes reports that a staffer from Senator Lummis’ office said that every exchange in the U.S., and Binance, is being investigated by the SEC. The SEC could be looking at whether these exchanges have been allowing unregistered securities to be listed. The SEC has been adamant that the market does...
The US bankruptcy court has granted approval to Voyager Digital to pay back $270 million worth of funds to its customers, WSJ reports The firm had filed for chapter 11 bankruptcy in July which rendered the customers incapable of accessing their stored funds. Per a report published by Wall Street...
The Fairfax County Retirement Systems will invest in yield farming schemes. Chief investment officer Katherine Molnar spoke about the strategy in an interview. The regulatory landscape in the U.S. is changing, and with that, more incumbent institutions may warm up to crypto. The Fairfax County Retirement Systems, a pension fund...
A bug in Slope wallets is believed to be behind the recent theft from Solana wallets. Nearly $6 million was stolen from 9,000 addresses. Teams are still continuing their investigation and will publish a full report later. The recent attack on Solana wallets that saw 9,000 addresses drained of nearly...
Crypto Hacks account for over a billion in stolen funds in 2022 so far as hackers leverage Tornado Cash to launder proceeds.
New York Attorney General Letitia James asked New Yorkers who invested Anchor and Celsius to contact her office. Those who have been deceived or locked out of their accounts are asked to get in touch. She has also asked industry insiders to file a whistleblower complaint if they have witnessed...
According to Binance CEO CZ, crypto deposits on Binance have steadily increased over the past year. CZ further added how BTC balance on exchange is highest as compared to other cryptocurrency exchanges Binance’s CEO Changpeng Zhao is in the news again, this time for tweeting key metrics concerning crypto deposits...