Exchanges
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FTX Allocates $230 Million in Government Forfeiture Funds for Shareholders, Not Creditors
FTX, the collapsed cryptocurrency exchange, plans to allocate up to $230 million to its shareholders. This decision comes from the…
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Hackers Gained Access to Truflation, Carted $5 Million in Different Cryptocurrencies
Truflation, backed by Coinbase, has issued a statement regarding a hack. The Truflation team has confirmed that the breach was…
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Court Sentences Caroline Ellison to Two Years in Prison Over FTX Fraud
Caroline Ellison, the ex-CEO of Alameda Research, received a two-year prison sentence on September 24, 2024. Moreover, the sentence stems…
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EToro to Stop Most Crypto Trading in the US After $1.5m SEC Settlement
Trading platform EToro has announced that it will halt most of its cryptocurrency trading services in the United States. The…
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Indonesian Exchange, IndoDax Loses $18 Million To Cyberattacks
IndoDax, one of Indonesia’s largest cryptocurrency exchanges, has fallen victim to a cyberattack by hackers. According to a report by…
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HSBC Australia Banks Blocks Crypto Transactions Over $171M Lost on Scams
HSBC Australia Banks, an affiliate of the world banking and financial services organization, HSBC Holdings plc, will no longer allow…
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Mt. Gox Moved $2.85 Billion BTC in Two Hours
On July 23, Mt. Gox once again transferred funds, moving more than 47,500 Bitcoin valued at almost $3.2 billion…
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Consensys Implores IRS for Extension on Crypto Tax Rule Implementation
Consensys wrote to the Internal Revenue Service (IRS) of the United States, requesting to hold off tax regulation that mandated…
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French Regulators Warns Citizens to Exercise Vigilance While Trading On Bybit
In a recent announcement, the Autorité des Marchés Financiers (AMF) issued a cautionary notice to French investors, warning them to…
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SEC Accuses Coinbase of ‘Not Liking’ Current Securities Regulation
The U.S. Security and Exchange Commission has filed a preliminary statement in court against the exchange company Coinbase. The statement…
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