Gemini reaches settlement with IRA Financial Trust over $36M exploit

Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes.In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over decentralization in the crypto industry, particularly Binance DEX as well as Ethereum itself.Criticizing Ethereum for being centralized is bad, Vitalik saysThe discussion started after Buterin…

The hackers behind the attack may have been responsible for breaching India-based crypto exchange CoinDCX’s Twitter account given the similar fake XRP giveaways. 255 Total views 36 Total shares Scammers have hacked the official Twitter account of the Embassy of India in Oman, replacing the profile picture with Ripple CEO Brad Garlinghouse and using the…

According to Conflux, the BSIM will have a secure place to store digital private keys and will support the transfer and exchange of NFTs. 141 Total views 5 Total shares Own this piece of history Collect this article as an NFTAccording to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research…

Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi Crown Prince, according to Alameda former CEO Caroline Ellison. 155 Total views 1 Total shares Weeks and months before the collapse of crypto exchange FTX, former CEO Sam Bankman-Fried was “freaking out”

A global pandemic has changed the world.I write this on lockdown, unable to leave my home. A global pandemic has stripped the entire state of California and over 1.5 billion people globally from our rights and freedoms in an attempt to save lives. Businesses are being shut down, people are being laid off. Even I…

One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. 481 Total views 3 Total shares The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia.Ukraine’s central bank on Nov. 28 released a statement…

Perhaps one of the most captivating signs of the industry’s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses. Last week saw some major advancements in that direction. Digital asset manager Grayscale has filed its opening brief against the United States Securities Exchange Commission to challenge its…

Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingViewOver the past month, the amount of Bitcoin held in Coinbase Pro’s vaults dropped by 28,843.87 BTC. Similarly, other crypto exchanges, including Kraken, OKEx,…