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The Pulsechain network has finally launched its mainnet along with the mainnet launch of its decentralized exchange PulseX. The project was founded by Richard Heart, the founder of HEX crypto project. Pulsechain is a layer-1 network which according to Richard Heard is the fork of Ethereum chain. Its native token is PLS. Similarly, PulseX is …
Do Kwon was arrested in Montenegro nearly a year after his involvement in the LUNA crash. South Korean prosecutors have presented evidence identifying 414.5 billion won ($314.2 million) of fraudulent funds linked with the founder of Terraform Labs Do-Kown and his associates. Out of $314.2 million, nearly $69 million is linked directly to Kwon. It …
American crypto exchange Bittrex announced that it is wrapping up its U.S. operations. Seattle-based cryptocurrency exchange Bittrex announced its exit from U.S. by this month’s end i.e April 30th. The exchange also confirmed that it will continue operating its Bittrex Global platform. In a statement, the exchange said that the customer funds are safe and …
Gary Gensler is the chairman of SEC, the body involved in the crackdown of crypto industry. United States Securities and Exchange Commission (SEC) chairman Gary Gensler has raised a request to the Biden government to allocate $2.4 billion in funds for the regulators to fight bad actors in the crypto industry. The funding will allow …
Signature bank was shut down by FDIC and is taken over by Flagstar bank The U.S. based Signature bank has given the ultimatum to its crypto clients to withdraw crypto assets and close their accounts by April 5 as per the instructions given to them by federal regulators. It was also clarified by the spokesperson …
The CFTC has filed a case against Binance claiming it offered unregistered crypto derivatives products. U.S. based Commodity Futures Trading Commission (CFTC) has sued Binance exchange and Changpeng Zhao, the founder of Binance claiming that the company intentionally and knowingly offered unregistered crypto derivatives products in the U.S. According to CFTC, Binance is operating a …
Now bankrupt Crypto King “Aiden Pleterski” held for ransom after duping investors worth millions of dollars. Canada’s self-proclaimed crypto king was kidnapped, tortured and held for ransom worth $3 million after his involvement in a crypto investing scam that duped investors worth millions of dollars. 23 years old Pleterski petitioned for bankruptcy last year in …
The stock exchange operator wants to meet the demand of institutional crypto investors Amid the turmoil, Ira Auerbach, the senior vice president and head of digital assets at Nasdaq confirmed that the stock exchange operator is getting ready to build the necessary infrastructure and seek the regulator’s approval to build the crypto custody services. The …
DO Kwon is wanted in South Korea, Singapore and the United States Interpol has confirmed the arrest of crypto fugitive Do Kwon in Montenegro. Do Kwon was the founder of Terraform Labs who created the Terra Stablecoin (UST). Terra was an algorithmic stablecoin that worked in combination with LUNA token. In May 2022, Terra lost …
Coinbase will likely fight a court battle against SEC after the issuance of the notice. Coinbase Global Inc. the U.S based crypto exchange has issued a statement that it has received a notice from the U.S securities and exchange commission warning that the company can face a possible lawsuit over some of its crypto products. …
