Crypto

Bitstamp, one of the leading cryptocurrency exchanges, has made the decision to discontinue its services to customers in Canada. The announcement was made by CEO Bobby Zagotta, and it is set to take effect on January 8, 2024. While the reasons behind this withdrawal remain unclear, Bitstamp expressed its gratitude towards its Canadian customers and
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The recent debacle at the JPEX crypto exchange, resulting in arrests and the closure of the platform, has raised serious concerns about crypto fraud in Hong Kong. The unlicensed exchange, accused of defrauding investors of $204 million, has prompted authorities to take action. In response, the city’s Securities and Futures Commission (SFC) and law enforcement
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During the ongoing fraud trial of Sam Bankman-Fried, co-founder of FTX exchange, Gary Wang made alarming statements regarding the corrupt relationship between FTX and Alameda Research. Wang disclosed that Alameda had the ability to pilfer client funds, a capability that had been embedded into FTX’s computer systems as far back as 2019. According to Wang’s
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In recent months, the number of XRP wallets has exceeded the impressive milestone of 4.8 million. This surge in adoption can be attributed to Ripple’s back-to-back triumphs in court against its long-standing adversary, the United States Securities and Exchange Commission (SEC). These victories have not only bolstered confidence in Ripple and its native token XRP
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