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The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrested on the morning of July 13. The news broke minutes after the United States Securities and Exchange Commission filed a lawsuit against the crypto lender on the same day.The former CEO was reportedly arrested after a probe into the
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Update (July 7 at 9:33 PM UTC): This article has been updated to include Coinbase's response. Coinbase's users have been turning to Twitter to report scams and phishing attacks involving the company's services and applications in the recent weeks, including claims that scammers are using the crypto exchange's domain name.The most
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Unnamed sources now claim Taylor Swift, a well-known singer, was inclined to strike a deal with FTX, a now-defunct cryptocurrency exchange. The partnership, sources reveal, could have generated up to $100 million in revenue. However, FTX’s
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Binance Australia is working with local authorities on meeting compliance requirements amid reports alleging that the company’s offices were searched on July 4."We are cooperating with local authorities and Binance is focused on meeting local regulatory standards in order to serve our users in Australia in a fully compliant manner,”
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The German Federal Financial Supervisory Authority (BaFin) — the country’s financial regulator — has reportedly rejected Binance’s crypto custody license application.The news was first reported by Forward Finance, citing people familiar with the matter. Cryptox reached out to Binance to confirm the news, and a spokesperson from the firm said that
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cathie Wood’s ARK Investment Management is speculated to be leading the competition for a bitcoin (BTC) exchange-traded fund (ETF), ahead of investment giant BlackRock, according to recent industry reports. Renowned bitcoin-supportive company, ARK Investment Management, helmed by
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EDX, a cryptocurrency exchange launched a week ago with the backing of traditional finance heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos Trust in favor of Anchorage Digital. EDX has a noncustodial business model designed to remove conflicts
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ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund (ETF).In mid-June, the investment firm BlackRock filed an application for a spot Bitcoin ETF, triggering notable optimism in cryptocurrency markets.Several reports suggested that BlackRock could
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Germany’s largest banking institution, Deutsche Bank, has reportedly applied for a digital asset custody license to the country’s financial regulator, the Federal Financial Supervisory Authority, or BaFin, in a bid to expand its revenue streams, Bloomberg reported.This comes after a similar shift from the bank’s investment arm, DWS Group, and aims
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports indicate that French authorities have been investigating Binance since February 2022, which may result in more regulatory issues for the largest crypto exchange by trading volumes. This comes at a time when Binance is already
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