News - Page 1249 of 2215 - Cryptonews (Page 1249)

Heco Chain, HTX Hit by $100M Hack, Justin Sun Says Exchange Will Cover All Losses

Cryptocurrency exchange HTX and blockchain protocol Heco Chain were exploited on Wednesday in a hack totaling $97 million worth of digital tokens, according to Justin Sun, one of the investors in the exchange. Hackers Pull Off $100M Heist From Heco Chain, HTXSun confirmed in an X post that HTX...

, by Trent Alan

Sam Altman to Return Back to OpenAI: What’s Going On?

Sam Altman, the ousted OpenAI founder, will return back to run the company as the CEO under a new board. In a bizarre reversal drama, the co-founder of the leading generative artificial intelligence startup will rejoin the company, days after he was pushed out of it. Per a post on X...

, by Sujha Sundararajan

CoinGecko Expands Services with Acquisition of NFT Data Provider Zash

Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for the...

, by Andrew Throuvalas

Ethereum Layer-2 Protocol Kinto Launches on Arbitrum Network

Ethereum Layer 2 protocol Kinto has migrated to the Arbitrum ecosystem through the Arbitrum Nitro technology stack. This move comes after its previous testnet launch in May using Optimism's OP Stack. In a November 21 press release, the protocol stated that the transition is geared...

, by Jimmy Aki

Bullish Brazilian Bank Nubank Adds Five More Altcoins to Banking App

The Brazilian neobanking unicorn Nubank is stepping up its crypto adoption drive, adding trading capabilities for five more altcoins to its banking app. Per the Brazilian media outlet Livecoins, the bank added support for Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM), Arbitrum (ARB),...

, by Tim Alper

Degens Ride the Wave: Massive Surge in ‘CZ’ Token Amid Binance CEO’s Resignation

Risk-loving crypto traders, often referred to as "degens," are capitalizing on the recent announcement of Binance CEO Changpeng Zhao's (CZ) resignation and guilty plea by scooping up a newly launched token called "CZ." Despite the uncertainty in the industry about the implications of CZ's...

, by Fredrik Vold

Crypto Isn’t Going Anywhere: Industry Leaders Optimistic Despite Binance Crackdown

Following Binance’s massive $4.3 billion fine and founder and CEO Changpeng "CZ" Zhao’s decision on Tuesday to step down from the company, industry leaders have been reassuring the community that crypto is here to stay, and that it’s likely to come out even stronger. Among...

, by Fredrik Vold

Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen

Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange's estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in the loss of 850,000 BTC. As of November 21,...

, by Hassan Shittu

Scrutiny of Several Altcoins Intensifies in South Korean Crypto Community

In South Korea, the cryptocurrency community is calling for stronger reporting standards and a more rigorous regulatory framework as multiple virtual assets encounter delistings and circulation discrepancies, according to Digital Today. The push for enhanced oversight follows a series of...

, by Hongji Feng

Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million

Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini engaged...

, by Ruholamin Haqshanas

New Binance CEO Says Exchange Has “Robust Revenues and Profits,” Hinting at Ability to Pay $4.3B Fines

New Binance CEO Richard Teng has hinted at the exchange's ability to pay the $4.3 billion it has been fined by the US Justice Department. Teng, who was named CEO of Binance on Tuesday after Changpeng Zhao stepped down, said in a recent post on X (formerly Twitter) that the exchange is...

, by Ruholamin Haqshanas

Binance Founder CZ Writes to Staff: I have to deal with some pain, but will survive

Binance founder and former CEO Changpeng Zhao issued an internal memo to Binance staff following his guilty plea to several charges, including money laundering. The cryptocurrency exchange giant has agreed to pay a $4.3 billion penalty as part of the legal resolution. In the memo, CZ...

, by Jai Pratap

Matrixport: Binance Plea Deal Boosts Approval Odds for Bitcoin Spot ETF

Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty. CZ’s sentencing hearing is scheduled for February 23, 2024, where he may face prison time of up to 18 months. This comes amidst...

, by Jai Pratap

Sam Altman’s Role at Worldcoin Remains Unchanged Despite OpenAI Controversy

Sam Altman's role at Worldcoin is expected to remain unchanged despite the recent OpenAI controversy. Altman, who was ousted as CEO of OpenAI last week, is also a co-founder of the crypto company Worldcoin and currently serves as chairperson of its developer, Tools for...

, by Ruholamin Haqshanas

SEC Meets with Grayscale to Discuss Spot Bitcoin ETF Listing

The U.S. Securities and Exchange Commission (SEC) has recently held discussions with Grayscale about converting the Grayscale Bitcoin Trust (GBTC) into its spot Bitcoin exchange-traded fund (ETF). A memorandum published by the SEC indicates that officials from the agency’s Division of...

, by Hongji Feng

Binance Sees More Than $900 Million in Outflows as Former CEO Pleads Guilty

Binance, the world's largest crypto exchange, has seen more than $900 million in outflows over the past 24 hours after former CEO Changpeng "CZ" Zhao pleaded guilty to money laundering violations. According to data from DeFi TVL aggregator DefiLlama, Binance has registered $913 million in...

, by Ruholamin Haqshanas

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