Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss … Read more
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Summer Zhen and Vidya Ranganathan and Elizabeth Howcroft Article content HONG KONG/SINGAPORE/LONDON — Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been … Read more
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Summer Zhen and Vidya Ranganathan and Elizabeth Howcroft Publishing date: Nov 12, 2022 • 24 minutes ago • 3 minute read • Join the conversation Article content HONG KONG/SINGAPORE/LONDON — Crypto exchange FTX was engulfed in further chaos on Saturday when the company said … Read more
FTX has said it is investigating abnormal transactions after hundreds of millions of dollars worth of crytpo assets were withdrawn as the exchange declared bankruptcy. The potential hack is the latest blow for FTX, the cryptocurrency empire once valued at $32bn and controlled by 30-year-old entrepreneur Sam Bankman-Fried, which filed for bankruptcy protection in the … Read more
The Polygon network is now lit like Christmas lights following a number of positive MATIC news that involve some of the biggest names in social media and finance industry. For starters, Instagram users will soon have the ability to mint, showcase and even sell non-fungible token (NFT) collectibles through the blockchain network. Two days ago, … Read more
The NFL’s Washington Commanders could be for sale soon after owners Dan and Tanya Snyder said they have hired Bank of America Securities to “consider potential transactions.” While Synder’s announcement did not specifically mention plans to sell the team, hiring a major bank is often a prelude to such a move. Asked if the Snyders were … Read more
The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions. In a Nov. 2 notice, the Switzerland financial regulator said it would enforce a threshold of 1,000 Swiss francs — roughly $997 at the time of publication — … Read more
The United States Department of Justice has announced charges against two Chinese intelligence officers who allegedly bribed a double agent with Bitcoin. In an Oct. 24 announcement, the Justice Department said Guochun He and Zheng Wang attempted to obstruct the prosecution of an unnamed global telecommunications company based in China, which allegedly involved paying a … Read more
Litecoin, for most part of the current year, has been silent and is only mentioned when its price goes down relative to the overall sentiment of the whole crypto market. Litecoin manages to increase its value by 1.3% over the last week LTC is seen trading at $54.89 over the next five days A sharp … Read more
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong. Source link