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Departure of Binance.US CEO Occurs Amidst Widespread Layoffs within the Company

Cyrus DaileySep 13, 20233 min read

Binance.US CEO Departs Amid Workforce Restructuring Binance.US, the American arm of the global cryptocurrency exchange, has undergone a significant workforce reduction, eliminating around 100 positions, which…

FTX Initiates Lawsuit Against LayerZero Labs for Recovery of $85 Million Transferred During its Collapse, Accuses Company of Exploiting the Crisis

Insa MonroeSep 12, 20232 min read

Bankrupt FTX Exchange Sues LayerZero Labs Over Fund Withdrawals The bankrupt cryptocurrency exchange FTX is taking legal action against LayerZero Labs in an attempt to recover…

Former Algorand CEO Steve Kokinos Appointed as CEO of Company Acquiring Celsius

Demian CrypterSep 11, 20233 min read

Steve Kokinos Proposed as CEO for Celsius’ Parent Company According to court filings, Steve Kokinos has been proposed as the CEO for Fahrenheit Holdings, the company…

US Court Requires Bankrupt BTC Investment Company to Provide $1.7 Billion in Restitution for Forex Scam

Benito CormiSep 9, 20232 min read

US Court Orders MTI to Pay $1.7 Billion in Restitution The now-defunct South African bitcoin investment platform, Mirror Trading International (MTI), has been ordered by US…

Ripple Labs Takes Over Fortress Trust, a Blockchain Infrastructure Company

Daisy HodleySep 8, 20232 min read

Crypto-based payments platform Ripple Labs acquires blockchain infrastructure firm Fortress Trust Ripple Labs has announced its acquisition of blockchain infrastructure firm Fortress Trust in a bid…

Ripple Expands US Licensing by Acquiring Nevada Trust Company

Noah RyptonSep 8, 20232 min read

Ripple Expands with Acquisition of Fortress Trust Ripple, a blockchain firm, has increased its reach by acquiring Fortress Trust, a Nevada-based chartered trust company specialized in…

US Court Convicts South African Company in Significant Cryptocurrency Fraud

Noah RyptonSep 8, 20232 min read

The Conviction of Mirror Trading International (MTI) in a Bitcoin Scam A U.S. court has found Mirror Trading International (MTI) guilty of deceiving victims in a…

HAYVN collaborates with Ledger, a hardware wallet company, to develop an off-ramping solution.

Leo NomistSep 8, 20233 min read

HAYVN and Ledger Join Forces to Transform the Digital Asset Landscape Prepare to witness a groundbreaking shift in the world of digital assets as respected crypto-focused…

Asaak, a Fintech Company from Uganda, Successfully Acquires Flexclub, a Startup in Mexico Specializing in Asset Financing

Benito CormiSep 8, 20232 min read

Asaak Expands into Mexico with Acquisition of Flexclub Ugandan fintech company Asaak has recently announced its acquisition of Mexican car financing startup Flexclub. While the financial…

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