The Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) launched a new cryptocurrency exchange named Open exchange on Feb. 9, which has drawn the ire of several members of the crypto community.
Author: qaasim
qaasim
Salaam Rasak entered the crypto space while completing his Masters degree and has continued to dig deep into Web3 space since then, writing articles related to Web3 and blockchain. He started working with Blockchain Journal in September 2022.
Following the indiscriminate shutdown of the Kraken exchange crypto staking program by the US Securities and Exchange Commission (SEC), one of the commissioners Hester Pierce has publicly criticized the agency over the decision
Coinbase CEO Brian Armstrong has reacted to the proposed ban by the United States Securities and Exchange Commission (SEC) on crypto staking, stressing that such a decision will push more businesses offshore.
The United States-based crypto company Robinhood has resolved to cut off and buy back Sam Bankman-Fried’s $578 million stake in its company as indicated in the latest Quarter 4 report.
South Korean authorities have launched a manhunt for the Terraform co-founder Do Kwon by seeking a partnership with the Serbian government as per a post.
In a bid to ensure the anonymity of the bail guarantors’ identities of the former FTX founder and CEO Sam Bankman-Fried (SBF), lawyers have filed an appeal on Feb 7, praying that the court conceals the names of the two bond guarantors.
The crypto lender platform Genesis Global has reached an agreement in principle with the Digital Currency Group (DCG) over the potential sale of Genesis crypto trading and market-making arm in order to raise funds to repay creditors as per a report.
One of the leading cryptocurrency exchanges Binance is set to temporarily suspend bank transfers or withdrawals to US dollars on Feb. 8 while other means of payment will still be operational as per the latest report.
In a bid to regain financial stance and recoup some of its political donations, the embattled crypto exchange FTX has finally taken a step, sending messages to politicians and political groups to return donations on or before the end of February.
Amidst the overbearing effects of the bear market, Binance blockchain network recorded significant growth based on Q.4 report as its activity grew by 30% year-on-year according to the release by crypto market intelligence, Messari.