Bankrupt Cryptopia exchange distributes $225M to hack victims
Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton distributed at least $225 million in crypto to hack victims in December.
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IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has an annual GDP growth rate of 3% and roughly $144 million in outstanding loans.

Tokenization to unlock interoperability across payments, investments
During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments.

Bitmain Files Draft Application for Listing on Hong Kong Stock Exchange
Chinese crypto mining giant Bitmain has filed a draft application for listing the company’s shares on the Hong Kong Stock Exchange (HKEX), according to an official application document published Wednesday, September 26.Bitmain has provided a draft application proof that is required for public listing on the HKEX, aiming “solely” to disclose information to the public…

Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council will leverage Near’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India. 779 Total views 4 Total shares The International Cricket Council (ICC) has partnered with Near Foundation to build a blockchain-powered Web3 fan engagement app for the 2023 Cricket World Cup

Tether stablecoin firm appoints CTO Paolo Ardoino as CEO
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said. 177 Total views 15 Total shares Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.Paolo Ardoino, who has been serving as

Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week moving average and such discounted levels have “often resulted in good price support.”The bearish price…

Ripple’s chief financial officer steps down amid SEC lawsuit
The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws. 151 Total views 1 Total shares Kristina Campbell, the chief financial officer of Ripple, has left the crypto payments platform for a comparable position at the virtual healthcare provider Maven

Korean regulators investigate banks over $6.5B tied to Kimchi premium
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges. 583 Total views 35 Total shares South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to companies arbitraging cryptocurrency. According to an Aug. 15…