The new payment options could indicate growing crypto acceptance across Europe Cryptocurrency payment platform Alchemy Pay has introduced new deposit options in Europe and the UK, including Single Euro Payments Area (SEPA) Instant and Faster Payments, the UK fast money transfer option. In the November 29 announcement, Alchemy Pay noted that the new payment options
Category: Crypto
Coinbase subpoenaed in CFTC investigation of Bybit
Bybit is under investigation for allegedly offering its exchange services in the US without a license Coinbase is informing customers that it has been subpoenaed by the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who posted a copy of the notice. The CFTC is pursuing information regarding the Bybit
FTX lawsuit pulls in MLB and Formula 1
FTX users want the defunct cryptocurrency exchange’s partners to pay up A group of FTX users is targeting the Mercedes-AMG Petronas Formula One team and MLB for allegedly supporting FTX to commit fraud by promoting the crypto exchange, according to twin class-action lawsuits in a Florida district court on November 27. The suits accuse the
A cryptocurrency wallet-draining operation shuts down after making millions
The platform allegedly helped thieves steal over $80 million in cryptocurrency One of the most widespread cryptocurrency wallet-draining kits available, Inferno Drainer, announced that it’s shutting down its services permanently after aiding phishing scammers in stealing almost $70 million in crypto in 2023. https://t.me/InfernoDrainer/150 The Inferno Drainer team announced in a November 26 Telegram post
Wallet of Satoshi cryptocurrency wallet pulled from the US
The wallet was removed from the App Store and Google Play without warning Apple is again meeting the anger of cryptocurrency users as a widespread Bitcoin Lightning wallet vanished from its US App Store. Bitcoin Lightning payment app Wallet of Satoshi (WoS) was also removed from the Google Play Store in the US as it
Sam Bankman-Fried loses appeal to be released from jail
The cryptocurrency conman will have to remain behind bars as his legal team fights for his release FTX cryptocurrency exchange founder and convicted felon Sam Bankman-Fried will remain behind bars after attempts to persuade a US appellate court that he should be released during his legal team’s appeals process have failed. The November 21 ruling
Binance founder Changpeng Zhao pleads guilty to money laundering, steps down
The cryptocurrency exchange will pay over $4 billion in fines and penalties in the US Changpeng Zhao, billionaire and the now-former CEO of the Binance cryptocurrency exchange, pleaded guilty on Tuesday to federal charges in the latest trial to restrain the often unchecked cryptocurrency industry. Binance has agreed to pay more than $4 billion in
Apple sued over cryptocurrency payments policy
Apple’s history of suppressing competition continues to cause it financial problems Apple is facing a class-action lawsuit from dissatisfied consumers claiming the tech giant exhibited anti-competitive conduct by conspiring to limit peer-to-peer (P2P) payment options on iOS devices while blocking cryptocurrency technology from its payment apps. The complaint was filed on November 17 in a
Poloniex claims to have identified hacker behind $100 million theft
The cryptocurrency exchange is offering $10 million if the hacker returns the rest of the funds The cryptocurrency exchange Poloniex recently posted a recent message to the hacker liable for the theft of over $100 million in digital assets from one of its digital wallets. It said that it has pinpointed the person responsible and
Congress goes after the SEC over cryptocurrency regulations
Legislators want financial authorities to get ahead of the securities watchdog Several US Congress members have presented a memorandum insisting key financial authorities, including the Federal Deposit Insurance Commission (FDIC) Chair and the acting comptroller of the currency, to get involved with cryptocurrency oversight. The legislative members want the authorities to clarify that the US
New York is tightening its grip on cryptocurrency companies
The New York Department of Financial Services has changed its crypto listing and delisting rules Policies for companies listing and delisting cryptocurrencies in New York have been implemented to competently protect investors, according to the New York State Department of Financial Services (NYDFS), which disclosed new regulations on November 15. It requires crypto companies to
Cryptocurrency exchange Poloniex restarts withdrawals following hack
The exchange lost over $100 million to hackers but is trying to rebuild Cryptocurrency mogul Justin Sun’s Poloniex crypto exchange says it has nearly completed restoration measures and is readying the platform to continue operating after a $100 million hack forced it to shut down on November 10, according to an official statement released on