HTX Recommence Operations After Temporary Halt Due to Hack
Cryptocurrency exchange HTX (formerly Houbi) has recently announced its resumptions of operations after being halted for a while due to a recent
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Bitcoin Price Plunge Due to Binance’s Settlement Could Be ‘Buy Dips’ – Here’s Why
Bitcoin price declined over 4% and traded below the $36,500 support. BTC is still holding the key $35,650 support zone and dips
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Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says
Binance targeted growth in the U.S. market, especially among "VIP" users who drove the exchange's trading volume and thus its revenue. These power users and their liquidity helped make Binance a juggernaut in crypto trading. According to the government, Binance's executives "tracked and monitored" the exchange's performance in the U.S.
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Celsius restructuring encounters obstacle due to SEC involvement
The U.S. Securities and Exchange Commission’s request for more information has paused Fahrenheit’s plan to revive bankrupt crypto lender Celsius, highlighting the ongoing regulatory challenges in the crypto sector. Fahrenheit, an investment group, had a plan to create a new crypto business from what’s left of bankrupt crypto lender Celsius, however,
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46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi
A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked private keys. The report, released on Nov. 15, looked back at the history of crypto exploits in 2022, categorizing them into different
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Navigating the Next Wave of Crypto Institutionalization: A Due Diligence Primer
As FTX showed, operators in digital asset markets need to improve corporate governance standards. Here are the key components as the industry readies for another possible bull run. Source
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SEC faces hiring challenges due to experts not wanting to sell their crypto
The U.S. SEC faces recruitment challenges and legal uncertainties as it struggles to hire Bitcoin and crypto experts that are willing to sell their crypto assets. The Securities and Exchange Commission (SEC), the agency that makes rules for financial markets, is struggling to hire experts in cryptocurrencies because of a tricky
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Aave Protocol Halts Certain Market Operations Due To Bug Report
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function
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Binance Crypto Withdrawals Temporarily Unavailable Due to Technical Issues
"We are experiencing a technical issue with crypto withdrawals," the post said. "As a result, they are temporarily unavailable whilst our team works on the fix. Fiat withdrawals are available and working. All funds are SAFU. We apologize for the inconvenience and will update on progress." Source
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LBRY announced closure due to debts to SEC
The LBRY blockchain project announced its closure by publishing a farewell message on its social networks. The project team cited “several million dollars” of debts, making the firm’s continued existence impossible. LBRY Inc. is winding down.The LBRY network is unaffected.Odysee and other assets will undergo a legal process to satisfy debts, but
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