Binance vs FTX: The $1.8B Stock Repurchase Lawsuit Between CZ and Sam Bankman-Fried In a surprising turn of events, the cryptocurrency industry has been shaken by a massive legal battle between two major players: Binance and FTX. This conflict, which revolves around a disputed stock repurchase agreement worth approximately $1.8 billion, has caught the attention…
FTX vs. Scaramucci and Others: A Battle for Recovered Funds in Court In a recent legal battle, the FTX
FTX, a leading cryptocurrency derivatives exchange, sued several prominent crypto traders and market makers on March 21, 2023, for alleged manipulation of the crypto market worth over $1 billion. According to the lawsuit, these defendants, including Tetras Capital and Alameda Research, colluded to manipulate prices of popular cryptocurrencies, such as Bitcoin, Ethereum, and Solana. The…
Bullish Breakthroughs: FXGuys and Kaspa Outshine Ripple’s Slowing Momentum In the dynamic world of cryptocurrencies, FXGuys and Kaspa have recently made bullish breakthroughs that are outshining Ripple’s slowing momentum. While Ripple (XRP) has been grappling with regulatory challenges and declining adoption rates, FXGuys and Kaspa have been making significant strides in their respective spheres. FXGuys:…
FTX vs. Crypto.com: A Multi-Million Dollar Dispute Over Alameda Research In the world of cryptocurrency, two major players, FTX and Crypto.com, have found themselves embroiled in a high-stakes dispute over Alameda Research. This controversy, which began unfolding in early 2023, has shed light on the complex relationships and business dealings within the crypto industry. Background:…
CZ vs SBF: The Evolution of Two Crypto Giants In the dynamic world of cryptocurrencies, two individuals have stood out as trailblazers: Changpeng Zhao (CZ), the founder and CEO of Binance, and Samuel Bankman-Fried (SBF), the CEO of FTX. Both have led their respective exchanges to new heights, but their paths and approaches differ significantly….
Xinteria Breaks the $1 Billion Mark: In a groundbreaking achievement, Xinteria, the leading digital asset trading platform, has surpassed the $1 billion mark in daily trading volume. This milestone signifies a significant turning point in the cryptocurrency market’s evolution, underlining Xinteria’s role as a trailblazer in the industry. The new era of high trading volumes…
OpenSea Unveils New Platform: A Game-Changer in December? Background OpenSea, the world’s first and largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs), has recently announced some major updates to its platform. The San Francisco-based startup, which currently hosts over 10 million NFTs and boasts more than 250,000 registered users, aims to revolutionize the…
M2 Exchange Hack: An Unprecedented Cyberattack In early March 2023, the M2 exchange, a relatively new cryptocurrency trading platform, became the target of an audacious cyberattack. Hackers managed to infiltrate the exchange’s security system , gaining unauthorized access to its users’ digital wallets. The breach resulted in a massive loss, with approximately $13.7 million worth…
CZ’s Surprise Appearance at Binance Blockchain Week 2024: Clearing Up the Banned Rumors At Binance Blockchain Week 2024, held in Las Vegas, Nevada, the blockchain and cryptocurrency community was abuzz with excitement. However, one particular piece of news had been causing quite a stir among attendees: the rumor that the CEO of Kraken, Jesse Powell,…
WazirX Creditor Meet: Only 4 out of 10 COC Members Attend – Implications and Potential Consequences The recent WazirX Creditor Meet saw a disappointing turnout, with only four out of the ten Co-opted Members (COC) in attendance. The absence of significant representation raises questions and concerns among the crypto community, especially given the importance of…
DYDX Announces Major Layoffs: 35% of Core Team Let Go In a surprising turn of events, the decentralized exchange (DEX) platform, link, has announced that they will be laying off 35% of their core team. This news was revealed in a Medium post published by the company’s CEO, Antonio Juliano, on June 17th. According to…
Crypto.com: Dethroning Coinbase as North America’s Top Cryptocurrency Exchange Introduction: The cryptocurrency market has witnessed a significant shift in power, with Crypto.com emerging as the new leader among North American cryptocurrency exchanges, overtaking Coinbase’s dominance. Background: Coinbase, a San Francisco-based exchange, has long held the title as the go-to platform for buying and selling cryptocurrencies…
Bitpanda: On the Brink of IPO or Sale (Riding the Crypto Market Surge) Austrian cryptocurrency exchange Bitpanda, which has seen significant growth in recent years, is reportedly considering an IPO or a sale. According to Bloomberg, the company is currently evaluating its options with the help of financial advisors. This news comes as no surprise,…
$228M Dispute Settled: FTX and Bybit In a significant development for the crypto derivatives exchange industry, FTX and Bybit, two major players in the market, have recently announced the settlement of a $228 million dispute. The disagreement arose from a series of high-stakes trades that took place between the two exchanges in late 202According to…
Mastering Crypto Trading: A Comprehensive Guide for Beginners on Utilizing Bitget Introduction Crypto trading has gained immense popularity over the last decade, and it’s not hard to see why. With potential for high returns, the digital currency market is an exciting space. However, it can also be intimidating for beginners. This comprehensive guide aims to…
WazirX’s PoR Unveils Surprising Revelation: Assets Distributed Across Three Exchanges Background WazirX, India’s premier crypto exchange, has recently announced a surprising revelation concerning the distribution of its assets across multiple exchanges. This news comes as a response to the ongoing speculation and uncertainty surrounding the safety and security of digital assets held by various crypto…
Prosecutors Laud Nishad Singh: The Key Player in the FTX Investigation In a recent turn of events, Nishad Singh, former Alameda Research executive, has been hailed as a key player by prosecutors in the ongoing investigation into the collapse of FTX, a major cryptocurrency exchange. Singh, who was arrested on December 14, 2022, is accused…
VALR Crypto Exchange, a leading digital asset trading platform in South Africa, is proud to announce the launch of its Futures Trade Arena . This new feature represents a major leap forward in digital asset trading, providing traders with an innovative and powerful tool to manage risks and capitalize on market trends. The introduction of…
Binance’s Market Share Slips for the Second Year: A Closer Look Key Takeaways: Binance, once the dominant player in the cryptocurrency exchange market, has seen its market share decline for the second consecutive year. According to link, Binance’s market share dropped from 35.2% in Q1 2021 to 30.1% in Q1 202This decline can be attributed…
