Poland arrests ex-CEO of Russian crypto exchange WEX for US extradition: Report
The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days.
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The Sandbox raises $20M at $1B valuation, promises to expand creator economy
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022-23, Sandbox announced that it has added over 330,000 unique creators.
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.” 484 Total views 5 Total shares Binance announced Nov. 24 that it is spearheading the creation of a so-called Industry Recovery Initiative (IRI) on BloombergTV. New details about the project to “to lead the…
Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
Crypto pyramid scheme leader extradited to China after global pursuit
As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.
Official: Russia to Postpone Adoption of Bill on Digital Currencies
Russia’s parliament, the State Duma, may defer the adoption of the country’s major crypto bill “On Digital Financial Assets” (DFA) until the autumn session, local news outlet TASS reported on July 9.The Duma is considering shifting the adoption of the DFA bill to the autumn session, while the representatives have largely agreed on a bill…
Binance shutting down European Visa debit card in December
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment. 491 Total views 3 Total shares Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts
DeFi DApps activity rises 3.7% in August for first time since May — Report
Despite a slight recovery, DeFi TLV has lost $250 billion this year. 191 Total views 11 Total shares DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the…
SBF seeks to sever new charges from trial, says proceedings may take ‘years’
The U.S. cannot try Sam Bankman-Fried for the charges until a lengthy appeals process in the Bahamas has been exhausted, defense attorneys stated. 165 Total views 1 Total shares Attorneys for former FTX CEO Sam Bankman-Fried (also known as “SBF”) are seeking to sever or dismiss six charges from his upcoming trial, claiming that it may…