Exchanges
Binance rebrands feed feature as Binance Square, a social platform with monetization tools
Binance CEO Changpeng Zhao said blockchain technology can help to enhance social platforms.
Oluwapelumi Adejumo 2 min read
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Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
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Exchanges
Kraken founder accuses ‘incompetent VCs’ of enabling ‘obvious fraud’ at FTX
Several venture capital firms, including Sequioa, had invested in the bankrupt FTX.
Hacks
How Alameda Research lost nearly $200M to security breaches
A former engineer at Alameda revealed that Sam Bankman-Fried (SBF) prioritized rapid company expansion over crucial risk management protocols.
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Exchanges
NASAA backs SEC case against Coinbase, calls for consistent interpretation of securities law
North American Securities Administrators Association argued that the crypto industry has greatly attracted fraudsters.
Exchanges
Bitfinex parent company looking to buyback 15M shares at $1.7B valuation
The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry.
Exchanges
SBF Trial Day 5 – How Caroline Ellison’s testimony could become the smoking gun needed for a guilty verdict
According to Ellison, SBF had instructed her to divert billions of dollars from FTX customer funds, which Alameda used for failed investments and to pay off its debt.
Exchanges
South Korean UPbit counters 1,800% surge in hacking attempts with AI-driven security measures
UPbit has introduced an artificial intelligence-backed Fraud Detection System (FDS) that would help it prevent financial fraud.
Regulation
HTX, KuCoin among exchanges on UK’s FCA unauthorized operators list
The regulator stated that all financial firms serving UK customers must be authorized or registered with it.
Exchanges
US considering application of Electronic Fund Transfer Act to crypto accounts
The move aims to bolster consumer protections in a market plagued by recent significant hacks on platforms like Axie Infinity, Crypto.com, and FTX.
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Regulation
Binance says it will operate under new UK rules despite earlier withdrawal
Exchanges
Whistleblower accuses Arkham Intelligence of exploiting Binance and FTX backdoors to dox users
Exchanges
Report finds that Binance only distributed 10% of promised BNB tokens during ICO
Bankruptcy
