Tag results for: cryptocurrency
Coinbase takes equity stake in Circle as USDC-focused Centre Consortium shutters
On Monday, Coinbase and Circle, the two companies behind USD Coin, settled on new terms that would change the governance and funding of USDC, including Coinbase taking an...
North Korean cybercriminals have already stolen $200 million in crypto hacks in 2023
North Korea has stolen around $200 million in cryptocurrencies across 30 hacks so far in 2023, less than in 2022 but still a sum “10 times larger than...
FTX and Genesis reach $175 million settlement as the crypto bankruptcies drag on
On Thursday, FTX and Genesis struck a deal to settle claims related to both companies’ ongoing bankruptcies, with Genesis agreeing to pay FTX’s trading arm Alameda Research $175...
Inside Sam Bankman-Fried’s day-to-day at an ‘inhumane’ NYC detention center
On Friday, a federal judge ruled that disgraced crypto founder Sam Bankman-Fried had violated the conditions of his bail, wresting him from house arrest at his parents’ home...
SEC will seek to appeal the landmark Ripple decision on whether XRP is a security
The U.S. Securities and Exchange Commission said it will appeal a judge’s controversial Ripple decision, which found that sales of the XRP cryptocurrency did not constitute a security...
Binance becomes fully licensed in El Salvador, where ‘Philosopher King’ Bukele pushed to make Bitcoin legal tender in 2021
Binance on Tuesday became the first crypto exchange to receive full operating licenses under El Salvador’s new digital assets regulation, almost two years after the Central American country...
