Bitget is setting up a $20 million funding program to entice the creation of more apps Bitget Wallet, the non-custodial crypto wallet from Bitget exchange, is amplifying its support for Telegram-based applications with a new initiative focused on fostering development in the Telegram Mini App ecosystem. In collaboration with crypto investment firm Foresight Ventures, Bitget
The kidnappers allegedly demanded $1 million to release the executive Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, reportedly became the target of a high-stakes kidnapping. It ended with his release after a $1 million ransom was allegedly paid. According to a CBC report yesterday, Skurka was forced into a vehicle in downtown Toronto
The company is looking to capitalize on the massive amount crypto market traffic Arkham Intelligence, a blockchain analytics firm known for its tools to track blockchain transactions, has announced the launch of its own cryptocurrency derivatives exchange. The new platform, targeting retail traders, aims to stand out in a competitive market by integrating Arkham’s research
The MacOS operating system may not be as secure as once thought A recently discovered Trojan targeting MacOS devices has sparked serious concerns among cryptocurrency users. Known for bypassing Apple’s security and going straight for sensitive data, the malware is built to steal cryptocurrency wallet information within seconds of installation. It relies on a phishing
The SEC amended its complaint against the cryptocurrency company, which continues to fight back Binance and its former CEO, Changpeng “CZ” Zhao, are pushing back against the US Securities and Exchange Commission (SEC) in an ongoing legal case, challenging new claims that add more tokens to the list of alleged securities violations. On November 4,
The rapper becomes the latest target of weak security on the social media platform Over the weekend, rapper Wiz Khalifa’s X account was reportedly compromised in a scheme to promote a fraudulent cryptocurrency. The hacked account, boasting an audience of 35.7 million followers, featured a post claiming Khalifa was launching a new memecoin called “$WIZ”
The crypto ecosystem has had to constantly fight legal battles against the securities watchdog The Blockchain Association, a key advocacy group for cryptocurrency and blockchain technology, recently reported that the US Securities and Exchange Commission (SEC) has cost the crypto industry at least $426 million in legal defense costs. This hefty price tag, according to
Nishad Singh was sentenced to time served and three years supervised release Nishad Singh, a former engineering director at failed cryptocurrency exchange FTX, avoided prison time following a plea deal, receiving a sentence of time served and three years of supervised release. The sentence, announced by Judge Lewis Kaplan in the Southern District of New
Visa debit card users in the US and EU can now buy crypto more easily Coinbase and Visa have teamed up to make cryptocurrency transactions more accessible, allowing users with eligible Visa debit cards to instantly deposit and withdraw funds on the Coinbase platform. This collaboration is designed for US and EU customers, enabling them
This is the first crypto-related sponsorship to appear after the FTX debacle Coinbase has announced a recent sponsorship of the NBA’s Golden State Warriors, marking a significant move as crypto sponsorships in sports rebound following the collapse of FTX. This new deal fills a notable void left after FTX’s partnership with the Warriors ended in
The bankrupt crypto exchange will be able to recover some of the funds it needs to pay creditors The FTX bankruptcy estate has reached a $228 million settlement with the Bybit cryptocurrency exchange, marking a step forward in efforts to recover assets for creditors affected by the exchange’s collapse. This agreement, filed on October 24,
Some of the cryptocurrency had been recovered from various thefts and fraud schemes Arkham Intelligence recently reported a significant security breach involving a government-controlled cryptocurrency wallet, with a hacker seizing nearly $13 million. The wallet in question held assets the US government had previously recovered from the 2016 Bitfinex hack. In that hack, a staggering
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