Genesis Global secures court approval for $3B payout

German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia. WEG Bank confirmed in a tweet published on Aug. 25 that it obtained a crypto trading and custody license in Estonia. Estonia greenlights German bank to trade and hold cryptoFurthermore, the firm also announced that it is now trying to take hold of a…

Prosecutors allege Bithumb’s former CEO used a $2 million company lease deposit to buy an apartment, though the exchange says he repaid the funds. South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment.  On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices

AMF once again advised investors to only invest in crypto through authorized services listed on official websites. 484 Total views 30 Total shares French stock market regulator, the Autorité des Marchés Financiers (AMF), continues monitoring the cryptocurrency market to warn investors about unauthorized crypto services.On Oct. 1, AMF updated its web portals identified as offering…

User losses will be minimized due to an upcoming compensation plan and rolling back accounts, Bitget CEO Gracy Chen told Cointelegraph. Cryptocurrency exchange Bitget discovered "abnormal trading activity" on the VOXEL/USDT perpetual futures contract on April 20, between 8:00 to 8:30 UST, and paused accounts that the exchange suspected of market manipulation. According to an

British reality TV star-turned-presenter, Rylan Clark-Neal, has warned his Twitter followers of fraudulent interviews claiming he made millions from Bitcoin. 1316 Total views 42 Total shares British TV presenter and former X-Factor star, Rylan Clark-Neal, alerted his followers as to “fake interview” claiming that Rylan had made “millions from Bitcoin.”On April 18, the former Celebrity…

The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet. 

63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com. 1787 Total views 8 Total shares Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com.Jesse Cohen, a senior financial analyst at…

Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press release published on May 17.Per the announcement, the platform is an Internet of Things solution that allows the monitoring of physical trade inventories with sensors and near-field communication chips.Forcefield was developed over the past year as…