Bakkt delists majority of tokens from recently acquired Apex Crypto platform
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” Go to Source Powered by WPeMatico
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Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. Go to Source Powered by WPeMatico
Texas votes to add crypto into state’s bill of rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading. Go to Source Powered by WPeMatico
‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe “has been co-opted as a hate symbol” by certain groups. Go to Source Powered by WPeMatico
Terra Luna crash anniversary: Community reflects on the lessons learned
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry. Go to Source Powered by WPeMatico
Shaquille O’Neal claims process servers ‘tossed’ FTX legal papers at his moving car
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange’s collapse. Go to Source Powered by WPeMatico
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop Post-Extradition Charges Attorneys representing … Read more
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announced plans to embrace the Lightning Network: which large crypto exchanges are Lightning ready, and which ones are yet to be struck? Go to Source Powered by WPeMatico
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging from $500 million to $1 billion. Bittrex Bankruptcy Filing Reveals Over 100,000 Creditors … Read more
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities. Go to Source Powered by WPeMatico