USDC Issuer Circle reportedly alerted the New York Department of Financial Services last year about insufficient reserves at Binance to support the tokens issued by the exchange.
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Sam Bankman-Fried will walk free following a $250 million bail set by a federal judge in New York. The former FTX CEO was extradited to the U.S earlier today.
Sam Bankman-Fried's lawyers have appealed a decision to jail the former FTX CEO for alleged witness tampering.
Former OpenSea executive Nathaniel Chastain has received a 3 month sentence in the NFT insider trading case.
FTX's stranded customers have expressed frustration with the $175 million settlement agreement that the bankrupt exchange reached with Genesis earlier today.
Bankman-Fried was transferred to the Metropolitan Detention Center in Brooklyn on Monday, per Reuters. Authorities moved the former FTX CEO...
Crypto exchange Gemini has hinted at relisting XRP, leading to a 4.7% rally in the token's price.
Fintech giant PayPal has rolled out a US Dollar pegged stablecoin on Ethereum called PayPal USD (PYUSD).