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Business — Page 286

OPNX Crypto Trading Platform Announces Shut Down This Month

OPNX, or Open Exchange, a bankruptcy claims and crypto exchange, revealed it would shut down its platform this month. The company said users have until Feb. 7 to settle all transactions and withdraw their assets by Fe…

Feb 4, 20242 min read

DOJ Says FTX's Missing $400M Hacked in Sim-swap Modus

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the world's biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022…

Feb 4, 20242 min read

OPNX Crypto Trading Platform Announces Shut Down This Month

OPNX, or Open Exchange, a bankruptcy claims and crypto exchange, revealed it would shut down its platform this month. The company said users have until Feb. 7 to settle all transactions and withdraw their assets by Fe…

Feb 2, 20242 min read

DOJ Says FTX's Missing $400M Hacked in Sim-swap Modus

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the world's biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022…

Feb 2, 20242 min read

US Requires Crypto Miners to Report Energy Usage

The U.S. Department of Energy (DOE) has announced its plans to gather data on the electricity consumption of cryptocurrency mining operations, responding to concerns raised by environmental advocates regarding the sig…

Feb 1, 20242 min read

China's CBEX Reiterates Anti-Crypto Sentiment

A government-operated equity exchange in China clarified that it has no affiliations with an overseas cryptocurrency firm sharing its abbreviated English name.

Feb 1, 20242 min read

SEC to Dismiss Debt Box Lawsuit Despite $50M Fraud

The Securities and Exchange Commission of the United States has decided to dismiss the highly contentious Debt Box lawsuit, sparking widespread conversation within the financial ecosystem.

Jan 31, 20242 min read

EU Sorts MiFID to Boost Crypto Regulation Efforts

The regulatory framework known as MiCA, enacted in 2022, is instrumental in structuring the landscape of crypto assets within the European Union, particularly in delineating which crypto assets fall under the purview …

Jan 30, 20242 min read

Fidelity's Bitcoin ETF Outshines Grayscale Amid Fee Wars

In a notable shift in cryptocurrency investment flows, Fidelity's relatively new Bitcoin exchange-traded fund (ETF) has witnessed remarkable inflows, eclipsing the outflows from the longer-established Grayscale Bitcoi…

Jan 30, 20242 min read

HyperFund Crypto Fraud Fined $1.9B by DOJ and SEC

On Monday, the Department of Justice made public the criminal charges against two individuals and the admission of guilt by a third party for their roles in orchestrating a global cryptocurrency Ponzi scheme dubbed Hy…

Jan 30, 20242 min read

Seized $131M Bitcoin For Sale by US Government

Recently, the U.S. government has taken steps to sell a significant amount of Bitcoin (BTC) valued at approximately $130 million. This cryptocurrency was previously confiscated in connection with the notorious Silk Ro…

Jan 26, 20242 min read

Crypto Analysts Forecast SOL Slump Beforenew ATH

A trio of traders is expressing a collective belief that the smart contract platform Solana (SOL) is progressing toward lower prices before experiencing a resurgence in bullish momentum.

Jan 25, 20242 min read
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