FTX and Alameda Research Transfer $10.8 Million in Cryptocurrencies Across Exchanges

Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]

FTX and Alameda Research Transfer $10.8 Million in Cryptocurrencies Across Exchanges

Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]

Paxos Granted Approval to Introduce Stablecoins in UAE

Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]

Paxos Granted Approval to Introduce Stablecoins in UAE

Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]

Paxos Granted Approval to Introduce Stablecoins in UAE

Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]