admin

PostFinance, a Swiss retail bank owned by the government, is set to offer its customers cryptocurrency trading and storage services through a partnership with local cryptocurrency bank Sygnum. The move is in response to growing demand from…

The collapsed hedge fund Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have announced the launch of a new crypto project called Open Exchange, or OPNX. The exchange, which launched on April 4th, aims to help the industry…

Do Kwon, the CEO of Terraform Labs, was detained in Montenegro about two weeks ago after attempting to travel to another country using forged papers to conceal his identity. After his true name was out, both the United States and South…

Crypto Twitter erupted in outrage yesterday. Binance, the biggest cryptocurrency exchange in the world, halted fiat withdrawals for institutional accounts in France. The decision came without prior notice, leaving many in the sector in…

The Commodity Futures Trading Commission (CFTC) has charged Binance with permitting US-based trading companies to trade cryptocurrency derivatives on Binance’s global platform. It is clear that Binance’s own policy, according to which…

Tron founder, Justin Sun, is making headlines again with his latest offer to the US government. Sun has publicly proposed to purchase 41,500 Bitcoin (BTC) from the government. He wants to purchase the set amount of BTC at a 10% discount in…

The digital currency ecosystem is trading with massive volatility that was engineered by the collapse and eventual bankruptcy of the FTX derivatives exchange over the past week. The combined crypto market cap has slumped to $837.47 billion,…

The bankruptcy of FTX Derivatives Exchange, the once crypto behemoth valued at about $32 billion, has served as a reference point for many to look at and engage with the industry with extreme caution. Last week, FTX still appeared normal…

After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin (BTC) gained momentum due to better-than-expected consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics. Crypto and market education…

The liquidity crunch facing FTX might have emanated from Sam Bankman-Fried, the crypto exchange's CEO, secretly transferring at least $4 billion to boost Alameda, with part of the funds being customer deposits, according to Reuters. Per…