OKX, a cryptocurrency exchange, has sent over $8.3 million worth of digital assets to Alameda Research over the past seven days. The transfers were made in multiple transactions on May 29 and involved various cryptocurrencies, including Wrapped Bitcoin, Celsius, Shiba Inu, MakerDAO, Chiliz, DAI, Axie Infinity, Magic Internet Money, and others. The top five transfers
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The US Securities and Exchange Commission (SEC) has announced that former Coinbase manager Ishan Wahi and his brother Nikhil Wahi have agreed to settle insider trading charges. The SEC filed a complaint against the brothers in July, alleging that Ishan Wahi provided insider information to his brother and his friend Sameer Ramani about which cryptocurrencies
The US Securities and Exchange Commission (SEC) has reached a settlement with two individuals, Ishan Wahi and his brother Nikhil Wahi, who were involved in an insider trading scheme at Coinbase. Ishan Wahi, a former product manager at Coinbase, allegedly informed his brother and his friend about upcoming Coinbase listings before they were known to
As the digital economy continues to grow, the cryptocurrency market is becoming increasingly popular. With numerous quality cryptocurrencies to invest in, investors are looking for ways to maximize their returns. Understanding the market and its dynamics is crucial for investing in cryptocurrencies. One important aspect is the crypto presale, which allows investors to acquire tokens
Jimbos Protocol, an Arbitrum-based protocol, has sought assistance from security researchers and on-chain analysts following a hack. The protocol was targeted by an exploiter who used a loophole in the code to carry out a flash loan. The hack resulted in the loss of funds worth some ETH 4,048, or about $7.5 million, which were
The Russian government has decided not to pursue its plans of creating a national cryptocurrency exchange. Instead, the government will focus on drafting rules for multiple crypto exchanges. This news was reported by a local news site, which cited Anatoly Aksakov, a member of one of the chambers of the Russian parliament, as the source
The Digital Asset Mining Energy (DAME) excise tax, a proposed 30% tax on energy costs for cryptocurrency miners, was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis. The tax drew widespread criticism from stakeholders within the crypto-mining sector and U.S. lawmakers. The news of the omission has been
Russia has decided to halt its plans to create a national cryptocurrency exchange and instead formulate regulations that allow private companies to establish their own exchanges. The head of the State Duma committee on the financial market, Anatoly Aksakov, informed local media Izvestiya on May 29 of the change in strategy. He disclosed that the
CoinEx announced on May 29 that it is launching a new cryptocurrency exchange for users in Hong Kong. The new exchange will be called BitHK and will operate in compliance with Hong Kong’s Guidelines for Virtual Asset Trading Platform Operators. CoinEx has also stated that it will apply to operate as a Virtual Asset Service
After several spikes to two-month lows, Bitcoin (BTC) started the week on a positive note as the weekly candle close brought an upward move. The largest cryptocurrency, which has been stuck in a narrow range, is finally showing signs of life, but with volatility back in play, traders are still unsure if short-timeframe strength can