Auto Added by WPeMatico

$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy

The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys.

Continue Reading$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was…

Continue ReadingGemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Binance to Help Azerbaijan With Crypto Regulations

Cryptocurrency exchange Binance has offered to support Azerbaijan in efforts to establish regulations for digital assets. The leading coin trading platform has been active in the region this year, seeking…

Continue ReadingBinance to Help Azerbaijan With Crypto Regulations

SBF reportedly files new bail application in the Bahamas Supreme Court

Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.

Continue ReadingSBF reportedly files new bail application in the Bahamas Supreme Court

Finder.com sued by Australian regulator over its crypto yield product

ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit.

Continue ReadingFinder.com sued by Australian regulator over its crypto yield product

Time for Serious Global Crypto Regulation, Germany Says

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the…

Continue ReadingTime for Serious Global Crypto Regulation, Germany Says

Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry…

Continue ReadingAmid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

Continue ReadingHours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits

Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT…

Continue ReadingCrypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits

Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes…

Continue ReadingResearch Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians