FTX CEO hints Nishad Singh should remain free to assist bankruptcy case
John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors.
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Bitcoin price recovery sets base for TON, AVAX, NEAR, OKB to rally
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above

'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says.In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.$1 million Bitcoin still in play in 2024 "great pivot"Going long crypto is the key to

Chainalysis to appear in court over $650M defamation suit
The suit alleges Chainalysis falsely labeled the YieldNodes project a scam.

Binance.US exchange volume slumps amidst crisis
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny. 174 Total views 2 Total shares Trading activity on Binance.US has reached new lows in September, as the crypto exchange faces unprecedented challenges. On Sep. 16, exchange volume stood at $5.09 million on Binance.US, as reported by

Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls
The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped in at the $5,850 level, leading to a $600 rise in the price on Monday. However, is the correction over or is the market range-bound?Crypto…

Ransomware Gang Seeks Million Dollar PayDay
NCC Group revealed that a ransomware variant is now asking for million dollar ransoms. 991 Total views 24 Total shares A malware group called Evil Corp is reportedly back in action, having recently launched a new ransomware which asks its victims to pay a million dollar ransom. The group had previously gone quiet after the…

Crypto.com joins ranks of licensed payment institutions in Singapore
Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services. 643 Total views 2 Total shares The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT) services by the Monetary Authority of Singapore (MAS).The announcement…

Is the SEC’s action against BUSD more about Binance than stablecoins?
Binance branded stablecoin, Binance USD (BUSD), is a dollar-backed stablecoin issued by blockchain infrastructure platform Paxos Trust Company, and is the third largest stablecoin after Tether’s (USDT) and Circle’s USD Coin (USDC).Paxos has claimed in the past that BUSD is fully backed by reserves held in either fiat cash or United States Treasury bills. BUSD…