Linklogis, a supply chain finance technology company based in the Greater Bay Area in China, has been recognized for its achievements in the industry. Established in Shenzhen in 2016, the company has expanded its operations internationally and has recently entered the Vietnamese market through a joint venture with Standard Chartered. In 2019, Linklogis launched the […]
Chinese Bribe Scandal Deepens for FTX FounderNew revelations have emerged in the Chinese bribe scandal involving Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. Testimony from Caroline Ellison, co-founder of Alameda Research, suggests that Bankman-Fried paid $150 million in bribes to Chinese government officials in 2021, a significantly higher amount than previously disclosed. As a […]
Explosive Testimonies in Trial of Former FTX CEO Reveal Alameda’s Role in Financial CrisisThe ongoing trial of former FTX CEO Sam Bankman Fried has brought to light shocking revelations through testimonies from former key FTX and Alameda executives. In a recent court proceeding, former Alameda Research CEO Caroline Elisson testified and a recording of a […]
Former CEO of Alameda Research, Caroline Ellison, has made shocking revelations during a secret recording obtained by prosecutors. In the recording, Ellison alleges that Sam Bankman-Fried, the founder of Alameda and FTX, used FTX customer funds to repay loans. The recording, made by an employee who had been with the company for only three days, […]
A secretly recorded audio clip has revealed the moment when former staff members of hedge fund Alameda Research discovered that the fund had been “borrowing” user funds from FTX. The 75-minute recording, obtained by Cointelegraph, sheds light on the tension felt by Caroline Ellison and other Alameda staff leading up to FTX’s collapse. Ellison explained […]
Ripple’s recent legal victory against the US Securities and Exchange Commission (SEC) has had significant implications for its cryptocurrency, XRP. The ruling by Judge Analisa Torres classified XRP as a non-security, providing much-needed clarity for the token in the US. Ripple’s Chief Legal Officer, Stuart Alderoty, highlighted this unique status in an interview with CNBC. […]
Philippine-based cryptocurrency exchange Coins.ph has partnered with fintech firm Circle to enhance remittance services for its 18 million Filipino users. The collaboration aims to leverage stablecoin-denominated remittances, which offer fast, affordable, and secure international money transfers. Circle is the creator of USDC, the second-largest stablecoin by market capitalization, designed to maintain a 1-to-1 peg with […]
Binance, one of the leading cryptocurrency exchanges, has rebranded its content aggregator platform, Binance Feed, as Binance Square. This new platform aims to provide a Twitter-like experience for users and includes monetization features such as a tipping option for content creators and an affiliate commission program. Binance Square has already gained over 10 million monthly […]
Former engineer Aditya Baradwaj has made shocking claims about security lapses at Alameda Research, alleging that the company lost $190 million due to avoidable mistakes and lax security practices. One notable incident involved an Alameda trader who accidentally clicked on a malicious link while validating a decentralized finance transaction, resulting in a loss of over […]
Indonesia is positioning itself as a leading hub for Web3 technology and cryptocurrency adoption. With a population of 270 million, including a large percentage of tech-savvy young people, the country is primed to embrace decentralized technologies. The Indonesia Blockchain and Metaverse Center (IBMC) is working with various sectors, including the government, to educate the public […]
