A former engineer of Alameda Research, Aditya Baradwaj, revealed that the trading firm was behind the Bitcoin flash crash in October 2021. According to Baradwaj, an Alameda trader mistakenly entered a Bitcoin sell order with the decimal point off by a few spaces, selling the crypto for a fraction of its price at the time. […]
Bitget is a crypto exchange that has been at the forefront of the crypto revolution for the past five years. It was founded by a group of traditional finance experts and innovators with the goal of reshaping the digital landscape. Bitget offers a variety of unique offerings for the EN market, such as welcome bonuses, […]
PayPal has announced that its PYUSD stablecoin is now available on Venmo. The payments firm said that the stablecoin, which is pegged to the U.S. dollar, is already available to Venmo users and will be “rolling out fully in the coming weeks”. The stablecoin is issued by Paxos Trust and is fully backed by U.S. […]
David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent for the crypto industry. Hirsch made it clear that the regulatory body has not yet exhausted its arsenal when it comes to the crypto space. Speaking at the Securities Enforcement Forum Central in Chicago, Hirsch […]
Creditors of the bankrupt crypto lender Celsius Network are being targeted in a new wave of phishing attacks as the lender’s bankruptcy proceedings enter its final stages. Reports on social media have shown an increase in phishing emails impersonating Stretto, the bankruptcy services platform for Celsius and its creditors. The malicious emails contain links to […]
Wall Street Memes, a newly emerged meme coin, has attracted significant attention over the past three months. The $WSM token presale is set to conclude in less than a week, on Monday, September 25th, at 18:00 UTC. This leaves potential investors with a limited opportunity to acquire tokens before an anticipated high-impact initial exchange offering […]
Dexalot, a decentralized exchange operating on an Avalanche subnet, has launched two major new features: SimpleSwap and SimpleView. SimpleSwap allows users to benefit from the tight spreads and excellent pricing of a CLOB, but with the look and feel of the AMM atomic swaps that are ubiquitous in DeFi. SimpleView helps users check the status […]
A federal judge today denied the US Securities and Exchange Commission’s (SEC) request to access the crypto firm Binance.US’s technology infrastructure. Binance.US lawyers argued that the SEC’s request for documents was “overbroad.” Federal Magistrate Judge Zia Faruqui proposed the SEC formulate a more targeted request and interview more witnesses.The SEC had filed for expedited discovery […]
The United States Securities and Exchange Commission (SEC) has failed to win immediate access to Binance.US’s software in a Sept. 18 hearing, with the judge saying he isn’t “inclined to allow the inspection at this time.” The SEC has been attempting to gain access to the software and detailed information from Binance.US since it sued […]
Binance, the world’s largest cryptocurrency exchange, has been facing a difficult year in the US. The SEC filed a lawsuit against it in June, while the US Commodity Futures Trading Commission charged Binance and CEO Changpeng Zhao with ”willful evasion of federal law” in March. In response to the regulatory storm, Binance.US has appointed a […]
