Cryptocurrency News

[ad_1] Key Takeaways Sam Bankman-Fried allegedly bribed Chinese officials to unfreeze Alameda funds on Chinese crypto exchanges. Prosecutors claim he transferred at least $40 million to unblock funds. Bankman-Fried is already being charged with twelve other counts. Share this article U.S. prosecutors believe that Sam Bankman-Fried resorted to bribery in order to unfreeze over $1 […]

[ad_1] Decentralized finance (DeFi) has grown in popularity in recent years, providing a new way to organize financial transactions without the use of traditional intermediaries like banks. However, interoperability, or the ability of different DeFi protocols and blockchains to interact and function together effectively, is one of the most difficult difficulties facing the DeFi business.

[ad_1] After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over

[ad_1] Investors put $160M into crypto investment products amid concerns around traditional finance. Bitcoin recorded the largest inflows of $128 million as a six-week streak of outflows ended. Digital assets manager CoinShares also says Solana, Polygon and EXP recorded inflows. Inflows into digital asset investment products totaled $160 million last week, with the latest market

[ad_1] As the global banking crisis continues to fuel concerns among investors, the popularity of US money market funds is surging. According to Emerging Portfolio Fund Research (EPFR) data obtained by the Financial Times, more than $286 billion has been invested in these funds so far in March. The inflows are the highest seen in

[ad_1] Key takeaways Binance has opened a regional hub in Georgia as it expands its global reach. The crypto exchange seeks to ramp up talent acquisition, promote blockchain education, and accelerate crypto adoption in the region. Binance has been active in the Georgian crypto space in recent months.  Binance expands its global reach Binance, the

[ad_1] Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies in the region — Chinese state-owned banks. According to a March 27 report from Bloomberg, Chinese banks including Shanghai Pudong Development Bank, the Bank of Communications Co., and Bank of China Ltd.

[ad_1] Key Takeaways Montenegrin police apprehended a person believed to be Do Kwon. South Korean authorities have provided visual confirmation but are awaiting fingerprint information. Kwon was arrested at Podgorica airport with forged documents. Share this article Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be

[ad_1] For millennia, art has been respected and revered as a form of expression. Collectors, museums, and art fans frequently see a painting, sculpture, or other type of artistic creation as a major investment. However, one of the most difficult issues confronting the art industry is the issue of authenticity and provenance. The good news

[ad_1] Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory