Binance restores Bitcoin withdrawals after two halts
Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on cryptocurrency markets.
The company said higher fees have been applied to pending...
FTX could reboot exchange using money owed to customers
FTX may use money marked to repay customers to restart its failed crypto exchange because the project would require a significant amount of cash, a lawyer for the company said in court Wednesday.
The company is still in the early stages...
SBF not allowed to use smartphone while out on bail
Sam Bankman-Fried’s communication device will be a flip phone or some other “non-smartphone” without internet capabilities or such access disabled while he’s out on bail, prosecutors said.
Limiting the FTX founder’s access to a device that...
Binance facing intensified US government scrutiny
US Senators representing both Democrats and Republicans are demanding that Binance and Binance.US provide a detailed accounting of their finances and efforts to maintain regulatory compliance, according to a letter signed by Senators Elizabeth...
Coinbase makes R10-billion loss in fourth quarter
Coinbase Global Inc., the biggest US cryptocurrency exchange, posted a $557 million (R10.17 billion) loss and saw revenue tumble 75% in the fourth quarter as trading volumes plunged amid a series of prominent industry bankruptcies and scandals...
FTX Japan will be first unit to reopen withdrawals
The Japanese subsidiary of Sam Bankman-Fried’s failed crypto exchange plans to reopen withdrawals on Tuesday, making itself the first of the FTX group’s businesses to return money to clients.
FTX Japan K.K. will start allowing customers to...
Binance suspends bank account withdrawals and deposits of US dollars
Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the service soon.
The suspension will start...
Genesis preparing bankruptcy filing — could happen this week
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential...
Ex-FTX president will share details on company's dealings
Brett Harrison, the former president of collapsed crypto exchange FTX US, said on Twitter that he’ll provide more details in due course on what he knew about the firm.
Responding to a question on what he was aware of and when, Harrison...
Binance benefits big-time from FTX's collapse
Digital-asset exchange Binance Holdings Ltd. saw a substantial boost in trading activity as Sam Bankman-Fried’s FTX crypto empire collapsed in November.
Trading activity on the largest crypto exchange jumped by 30% last month, when FTX had a...
SBF willing to testify before US lawmakers
Sam Bankman-Fried says he will testify before the House Financial Services Committee after he’s finished “learning and reviewing” the events that led to the implosion of FTX.
Representative Maxine Waters, the committee’s chair, last week invited...
Coinbase rival Blockchain.com planning IPO
Cryptocurrency startup Blockchain.com is interviewing banks for an initial public offering that could take place as soon as this year, according to people familiar with the matter.
An IPO might not happen until next year and the company’s plans could...
Which crypto exchange would you recommend? What are their fees? How secure and trustworthy are they? Do you suggest any international exchanges such as coinbase or eToro?
I'm stuck with altcointrader, i have been with them for nearly 3yrs without any issue, until this Saturday 24th when i deposited large sum of R250,000 and it was credited to my account same day as always from fnb to fnb, i decide to buy stellar coins and my transaction was completed with them...
Cryptocurrency exchanges team up to work with regulators
Several of the world’s largest digital exchanges joined an effort to root out bad behavior in the $214 billion cryptocurrency industry.
Created by Gemini Trust co-founders Cameron and Tyler Winklevoss, the Virtual Commodity Association...