The FTX bankruptcy has surprised many investors with fears of possible unexpected centralized crypto exchange collapse.
According to Game7, most Web3 games are still in their infancy and cannot attract mainstream users due to their lack of sophistication.
As part of the settlement, the crypto exchange Kraken paid $362,000 to the US Treasury. It is also investing $100,000 for implementing additional sanctions compliance controls.
Block Inc has sued Bitcoin.com for using the trademarked word “Verse” for its native tokens and not removing it despite repeated warnings.
The top financial services provider has launched retail crypto trading accounts for some of its users.
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
According to data from the UK police unit Action Fraud, about £226 million ($273 million) was lost in crypto fraud over the past year.
The Kiln staking platform plans to use the accrued funding to add new features to its products in order to serve more users in the industry.
With the collapse of crypto exchange FTX, founders of bankrupt 3AC and Celsius Network are taking the opportunity to throw the weight on Sam Bankman-Fried.
The markets, however, witnessed a significant sell-off due to the chaos created by the tweets regarding WETH’s insolvency.
Despite the sudden announcement of the closure of the LINE-backed Bitfront platform, the timeline of events has been designed such that it will give all of its stakeholders a proper time to adjust to the changes required.
Since Elon Musk took over the social networking company, there have been changes of all sorts. Also, the billionaire gave a hint that Twitter 2.0 would include an encrypted private messaging feature.
Dogecoin investors continue to hold out hope that, somehow, DOGE will make its way into Musk’s vision for Twitter 2.0.
According to the AG, the comments misrepresented the timely action taken by the Securities Commission and used inaccurate allegations.
The number of Bitcoin holders is at an all-time high, with wallets holding more than 0.1 BTC hitting the 4.07 million mark.