Tag Archives: Exchange News

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A new report has emerged talking about what it was that really led to the destruction and collapse of the FTX digital currency exchange. Why Did FTX Really Fall? Everyone would like to think it was heavy corruption or something similar, but per the words of the report, it was merely “hubris and greed.” Hubris...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coinbase – the largest and most popular crypto exchange in the U.S. – has confirmed it’s going to be integrating the bitcoin Lightning Network onto its platform, thus ensuring bitcoin transactions scale and move along at quicker paces. Coinbase and Lightning: The Perfect Match? The Lightning Network has been...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Hackers in North Korea have installed new code across a wide array of apps as a means of breaking into digital currency exchanges and related companies. North Korea Is Up to Its Same Old Tricks The nation has long played host to notorious hacking groups such as Lazarus, which are eagerly seeking new ways to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Eurexcoin.com, a leading digital currency trading platform on the European continent, just announced that it’s going to be enhancing its security and protection methods tenfold. Eurexcoin.com Seeks to Enhance Its Security The crypto space is wrought with fraud and illicit attacks carried out on crypto...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Gary Gensler – the head of the Securities and Exchange Commission (SEC) – is asking Congress to grant the agency even more funding so he and his fellow agents can continue their investigations into the crypto arena. Gary Gensler and the SEC Want More Money In a recent conference, Gensler described the crypto...

The U.S. Commodity Futures Trading Commission (CFTC) is suing Binance and its founder Changpeng Zhao after the crypto exchange allegedly violated the Commodity Exchange Act and other regulations. The CFTC Is Going After Binance The agency claims Binance has had no regard for current financial laws and has been violating them for the past several years. Heads of the CFTC are now seeking financial penalties and a permanent ban in the United States. CFTC chair Rostin Behnam...

Sam Bankman-Fried – the former crypto executive behind popular digital currency trading platform FTX – has been charged with violating the Foreign Corrupt Practices Act by allegedly attempting to bribe officials from China. Sam Bankman-Fried Is Facing New Charges Prosecutors claim that Sam Bankman-Fried attempted to send money to Chinese officials so they would unfreeze roughly $1 billion under his name. The money is being held through his secondary company Alameda...

The relationship between Venezuela and crypto has always been a bit wonky, and this month is no exception. The arrest of the nation’s superintendent of crypto assets Joselit Ramirez has caused a huge uproar in the nation, and President Nicolas Maduro has ordered the region to completely upend its digital currency regulatory agency. Venezuela Is Acting Fishy Regarding Crypto Right now, it is widely rumored that all the crypto exchanges that have been established in...

Binance – the world’s largest and most popular digital currency exchange per daily market data – gave traders a bit of a scare in late March when it put a temporary halt in place on spot trading, citing system glitches as the reason for doing so. The move only lasted a few hours and trading was quickly restored on the platform, but it had a few people shaking in their boots. Binance Briefly Stopped Trading Over a Month Ago The trading firm issued a statement claiming...

Just a day ago, we talked about how Coinbase was served a Wells notice by the Securities and Exchange Commission (SEC). The situation is scary given that Coinbase has met with the SEC over 30 times in recent years, and thus the exchange really doesn’t appear to be in a position of any wrongdoing. The situation just comes off as more evidence that Biden and his nation and innovation-hating cronies will do anything to ensure crypto dies in America and that residents cannot...