Blockchain
Customers sue Coinbase for promoting and trading the GYEN token
Coinbase customers have sued the exchange over the promotion and trading of GYEN, a stablecoin that crashed The post Customers sue Coinbase for promoting and trading the GYEN token appeared first on
Blockchain
Brokerage giant Nomura starts offering Asian clients BTC derivatives
Japanese financial services company Nomura Holdings has rolled out Bitcoin (BTC) derivatives for Asian institutional clients The post Brokerage giant Nomura starts offering Asian clients BTC
Blockchain
Insurance protocols are paying out millions to UST holders
InsurAce, a DeFi insurance platform that offered cover against a UST de-peg event, has confirmed that they will be paying out $12 million in USDT to users who hold a valid policy The post Insurance
Blockchain
Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers
Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack The post Luna CEO Do Kwon proposes forking LUNA, UST to
Blockchain
US prosecutors recommend minimum 1 year prison sentence for BitMEX co-founder Arthur Hayes
United States Prosecutors have filed a sentencing recommendation in the case against BitMEX co-founder Arthur Hayes seeking minimum one-year imprisonment The post US prosecutors recommend minimum 1
Blockchain
Bitfinex CTO plays down reports that Tether was in trouble
During a Twitter Spaces conversation on May 12, Bitfinex CTO Paolo Ardoino dismissed reports that Tether was in trouble The post Bitfinex CTO plays down reports that Tether was in trouble appeared
Blockchain
El Salvador’s over $100 million Bitcoin purchase is now worth $66 million
El Salvador’s Bitcoin (BTC) investment is performing poorly, with the value of the more than 2,000 units it holds falling by about $40 million The post El Salvador’s over $100 million
Blockchain
LUNA, UST re-listed on Binance – ‘there is progress’
Binance said it will relist LUNA/BUSD and UST/BUSD have been re-listed after being taken down early May 13 The post LUNA, UST re-listed on Binance – ‘there is progress’ appeared first
Blockchain
Robinhood stock surges after SBF acquires 7.6% stake in retail trading giant
Sam Bankman-Fried, the founder of FTX and Alameda Research, has acquired a 76% stake in Robinhood The post Robinhood stock surges after SBF acquires 76% stake in retail trading giant appeared first
Blockchain
Relief rally: Crypto inflows top $110B as Bitcoin recaptures $30K
The working week is set to end on a green day, with $113 billion of capital flowing back into the total crypto market cap over the last 24-hours The post Relief rally: Crypto inflows top $110B as
Blockchain
Exchanges begin delisting LUNA, Binance explains why
The world’s largest exchange by trading volume, Binance, has delisted its trading pairs for Terra’s LUNA The exchange announced that it had canceled all pending orders, ceased trading, closed
Blockchain
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash
Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon,