Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence.…
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Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert…
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A major Chinese bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets further CBDC adoption. Per CICC Online,…
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Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise, a new report has claimed. Per…
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It was a quiet start to the week for global markets, with US markets shuttered for Memorial day, but cryptocurrencies were nonetheless in…
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A new investigation led by ZachXBT on on May 27 implicated the creators of a new memecoin in hacking a crypto influencer’s account,…
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A cryptocurrency wallet linked to former President Donald Trump, a leading Republican presidential candidate, reportedly holds assets worth approximately $10 million. According to…
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The recent approval of Ethereum spot ETFs is a net positive for Bitcoin adoption, according to MicroStrategy executive chairman Michael Saylor, who appeared…
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Investing
Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses
Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, sold the asset claims of Gopax victims at less than half their…
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Elon Musk’s AI startup, xAI, successfully raised $6 billion in a Series B funding round on May 26. The latest Series B round…