After finding a solution to its issue in the U.K., Binance is facing another hurdle in its global ambitions.
Binance aided authorities in identifying and deactivating the alleged crypto donation accounts of the Islamic Resistance Movement.
Ellison testified after the testimony of Gary Wang, the mysterious co-founder of FTX who admitted last week that he wrote the programming that enabled the crypto exchange's fraud.
The study used Google searches to find out which among nearly 23,000 crypto assets were the most preferred alternatives to Bitcoin for investors this year.
The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.
Wang testified in court last Thursday and admitted that he, Bankman-Fried, Caroline Ellison, the former CEO of Alameda Research, and Nishad Singh, the FTX director of engineering, committed wire fraud, securities fraud and commodities fraud.
In a court motion filed last week against the crypto exchange platform Coinbase, the SEC stated that digital assets have no inherent value since they cannot generate profits.
But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).
Kusama seemingly hinted that the development team is preparing to roll out a new initiative for the community in the coming weeks.
Stephen Ehrlich was reportedly "angered and perplexed" by the regulator's potential civil claims, labeling them unfounded.
Binance announced the rollout of a new subpage to cater to its customers in the United Kingdom in line with the country's changing regulations.
A report said that more than 173,939 workers at U.S.-based tech companies have been laid off in mass job cuts so far in 2023.
The HTX Global attack has been classified as a white hat incident since all the stolen funds have now been returned.
While others are optimistic about the launch of Ethereum Futures ETF, analysts noted that it could reduce market volatility but could also dampen the potential of Ether's performance, a trend that typically emerges as the asset class matures.
Gary Wang revealed that Bankman-Fried handled duties involving facing the public, talking to the media and lobbying, while his role was limited to coding.
The Crypto Law post quoted by Deaton as he threw allegations at Grewal came with a link to a New Jersey Globe article about the latter's name appearing in an indictment.
A long-time friend's testimony reveals startling revelations, exposing complex alliances and high courtroom tension in the gripping SBF trial.
The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.
Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.
This latest development on Coinbase and Ripple Labs' operations in Singapore marks a crucial stride toward wider adoption of digital assets in the country and in the world.
Alex Mashinsky's legal team has nearly a year to prepare for the trial of the former Celsius founder and CEO on criminal fraud charges linked to the billion-dollar collapse of the crypto lending platform.
Nir Lahav, a cryptocurrency investor, filed a class-action lawsuit against Binance and Zhao on Monday for allegedly violating the Securities and Exchange Act, as well as the California Unfair Competition Law, in the U.S. District Court for the Northern District of California.
The problem, according to the Feds, started when the senior leadership of the bank shifted its strategy and focused on "customers engaged in crypto activities," underlining that the institution took too big of a risk in one industry.
The second day of the trial proceeded with opening statements from the defense and prosecution, painting different images of the defendant.
District Court Judge Analisa Torres said Tuesday she found no "substantial ground for difference of opinion" in her earlier ruling and disagreed that an appeal would help advance the case to a conclusion. XRP saw an immediate surge in its value, recording over 8% gain after the news broke.
Three former members of Bankman-Fried's inner circle, also known as his 'generals,' and who had previously pleaded guilty to fraud charges, are expected to testify.
Besides reaffirming its dedication to security and user protection, Bad Idea AI took a significant step by undergoing a thorough CertiK audit to address these concerns.
One of the upgrades involves the use of nBTC, which is intend to not only streamline and decentralize available methods of bringing Bitcoin into the Cosmos Network, but also empower users.
Since bad actors do not register their accounts under the names of criminal organizations, Binance said it works with authorities and "leverages information that is only available to them in order to identify individuals operating accounts for illicit organizations."
While Celsius last month announced that 95% of its customers voted for the recovery plan, a recent report claimed some parties were opposed to the plan, particularly those to whom the company owed.
