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1 year agoKarl Greenwood Sentenced to 20 Years in Prison for $4 Billion OneCoin Fraud Scheme
Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced to 20 years in prison and ordered to pay $300 million in the United States on Sept. 20. Ignatova remains at large. Greenwood, a citizen of the…
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1 year agoOctav Raises $2.65 Million Seed to Label DeFi Ecosystem
Octav, a DeFi labeling and tax reconciliation platform, has raised $2.65 million in seed funding to help label the DeFi ecosystem and become the “QuickBooks of crypto.” The platform is led by Mathieu Baril and Luc…
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1 year agoCoinEx Security Breach Sparks Concerns Over $18M Transfer
CoinEx, a cryptocurrency exchange with a daily trading volume of $32 million, has recently experienced substantial withdrawals from its hot wallets. According to CyversAlerts, approximately $18 million worth of…
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1 year agoFranklin Templeton Applies for Bitcoin ETF, Collaborates with CF Benchmarks
Franklin Templeton, a prominent asset management firm with $1.5 trillion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC) seeking approval for…
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1 year agoOctav Raises $2.65 Million Seed to Label DeFi Ecosystem
Octav is a data analytics platform that simplifies Decentralized Finance (DeFi) investments for traders, tax professionals, and liquid asset management firms. The platform provides users with a pre-tax facilitator…
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1 year agoBitget Sets Aside $100 Million to Invest in Exchanges, Data Analytics Firms and Media Organizations
Bitget, a crypto trading business, has announced the launch of the EmpowerX Fund, a $100 million pot to invest in exchanges, data analytics firms and media organizations. The fund follows just months after Bitget…
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1 year agoBitcoin Surges Past $26,000, Triggers $100 Million in Trading Disruptions
Bitcoin has recently surged past the $26,000 mark, sparking a flurry of trading activity and resulting in disruptions worth $100 million. The surge in Bitcoin’s value has been attributed to a number of factors, i…
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1 year agoTOKEN2049 Singapore: 10,000+ Attendees, 300+ Exhibitors, 400+ Side Events
TOKEN2049, Asia’s premier Web3 and crypto conference, is set to welcome a full house of tech pioneers, investors, policymakers, and industry shakers from across the globe at the iconic Marina Bay Sands from 13-14 S…
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1 year agoBitget Protection Fund Value Reaches Record High of US$357 Million
Bitget, a top crypto derivatives and copy trading platform, has released its Protection Fund Valuation Report for August 2023. The fund’s value has consistently exceeded US$300 million since November, with a peak o…
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1 year agoSummer.fi Integrates Spark Protocol, Offers SPK Airdrop to Borrowers
Summer.fi, a leading decentralised platform, has announced a new integration of Spark Protocol, which allows users to farm SPK tokens when borrowing DAI. Spark Protocol is a DAI centric money market protocol that…
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1 year agoBinance Charity Donates $3 Million in BNB to Earthquake-Stricken Morocco
Binance, the leading global cryptocurrency exchange, has launched a humanitarian initiative in response to the devastating earthquake that has struck Morocco. Binance Charity will donate $3 million in BNB (Binance…
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1 year agoFinoa Offers Institutional Clients Access to Compliant DeFi Through Custodial Wallet Infrastructure
Finoa, a cryptocurrency custody firm based in Berlin, is expanding its suite of services to offer its institutional clients easy access to a compliant form of decentralized finance (DeFi). Earlier this year, Finoa…
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1 year agoPayPal Launches Crypto-to-USD Conversion Service
PayPal, the Silicon Valley payments giant, has launched a new service that allows users to convert their crypto assets to US Dollars. This comes after the company launched its on-ramp service that allowed customers…
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1 year agoBorroe.Finance ($ROE) Emerges as a Game-Changer in Blockchain Funding, Dominating the Crypto Space with Huge Profits
Gala Games has been rocked by a scandal involving its co-founders, Eric Schiermeyer and Wright Thurston, who have filed legal charges against each other. Schiermeyer has accused Thurston of misappropriating 8.6…
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1 year agoSEC Chair Gary Gensler Reiterates Crypto Assets Are Securities Despite Court Setbacks
Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), is determined to have the agency regulate crypto assets. He will reiterate this view to lawmakers on September 12th. Gensler…
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1 year agoBorroe.Finance ($ROE) Gains Momentum as Bitcoin's Potential Dip Looms
Bitcoin’s recent price movements have been unpredictable, leaving traders and investors uncertain of its next move. However, amidst this cautious climate, a rising star has emerged in the crypto sphere: B…
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