Cryptocurrency Analysis and News Portal
On Sept. 19, Decrypt, a media outlet, shared a report about Binance’s CEO Changpeng Zhao, mysterious money movements. According to the Decrypt report, unsealed documents revealed that Zhao extended a loan of $250 million to BAM Management U.S. Holdings. Subsequently, court documents indicate that $183 million of this loan was subsequently
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The Information Commissioner’s Office (ICO) has issued fines totalling £590,000 to five companies for collectively making 1.9 million unwanted marketing calls which targeted the elderly and people with vulnerabilities. This latest action is part of a wider crackdown to
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Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community.
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Ripple Labs has once again become the focus of much scrutiny and debate within the XRP community. Recent data points to a
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According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by
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The Singapore-based Oak Grove Ventures’ team includes some notable figures including Sally Wang, formerly of Sino Global Capital (now Ryze Labs), Ethan Wang, former tech lead of Libra, Shawn Shi, co-founder of Alchemy Pay, as well as Michael Li, a former VP of Coinbase. Source
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Remitano, a Seychelles-based cryptocurrency exchange platform, experienced suspicious transactions on Sept. 14. The platform experienced large withdrawals under suspicious circumstances, with over $2.7 million worth of crypto being drained from its wallet by a single account. Tether has frozen one address the attacker allegedly used, potentially saving $1.4 million of customers’
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European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor.The company emphasized its commitment
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Movement Labs has raised $3.4 million to launch a software development kit (SDK) for advancing web3 interoperability via their Movement framework used for building and deploying blockchains. Movement Labs’ pre-seed fund Funds were raised to promote the adoption of Move, a smart contract development language that includes built-in safeguards to protect projects
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A Delaware District Judge recently gave the green light to a plan allowing FTX, the bankrupt crypto exchange, to sell off billions in digital assets under specific guidelines, aimed at returning funds to creditors. Delaware District Judge John Dorsey approved a plan on Sep. 13 to allow FTX, one of the
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