Customers of Voyager Digital have been targeted by scammers looking to gain access to their digital wallets and steal funds from the bankruptcy payout.
Sam Bankman-Fried is reportedly paying his lawyers using funds from a $10 million cash gift that he gave to his father in 2021. The gift was funded using a loan from Alameda Research.
Summary: Judge Michael Wiles approved Voyager’s sale to Binance.US for $1.02 billion 24 hours before the government’s appeal. The Trustee’s office of the U.S. Justice Department filed an appeal against the deal late on Thursday. So far, Binance’s acquisition of the crypto lender has faced stiff opposition from the DoJ...
Australia's securities regulator said they are looking into how crypto exchange Binance classifies wholesale and retail investors after Thursday's derivatives debacle.
India’s parliament has approved a bill that imposes fines on cryptocurrency transactions. The bill comes shortly after taxation authorities introduced a hefty 30% capital gains tax on digital asset transactions. Regulators will implement the policy from April 1, 2022. According to reports released on Friday, Indian legislators have approved a...
FTX bankruptcy claims are selling for as low as 16 cents on the dollar in secondary markets. Distressed asset funds are projecting a recovery in five years.
Quick take: Paypal’s US customers can now buy, sell and hold Bitcoin and other cryptocurrencies PayPal’s 346 Million global customers will soon have access to similar services The move was made possible through a partnership with Paxos The latter company has built the platform that will power PayPal’s cryptocurrency service...
The D.C. District Court has summoned Binance CEO Changpeng Zhao in relation with the lawsuit filed against him by the SEC. Zhao has 21 days to respond to the complaint, failing which a default judgement will be entered against him.
While Bitcoin, crypto, and blockchain are all about decentralizing power, many in this budding industry have over the past few months found themselves uncharacteristically excited about a certain presidential candidate: Andrew Yang, a businessman and job creator who has worked with individuals in Silicon Valley before. Although few knew of...
Summary: Huobi HK applied for a virtual asset exchange license after setting up shop locally in Hong Kong. The new division of Huobi will now allow retail and institutional customers to trade crypto spot pairs through the main exchange website. Other trading venues hope to apply for a similar license...
FBI Suspects Insider Trading Over Long Blockchain The blockchain and crypto industry was undoubtedly weird in 2017. Back then, “entrepreneurs” and “investors” were trying anything to make a quick buck, even if it meant proverbially sacrificing their soul to the Bitcoin devil. One case saw the then Long Island Iced...
