‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

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

The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump. The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders

Alex Saunders, the popular crypto influencer behind Nuggets News, is facing a slew of claims he failed to repay crypto loans, along with allegations that funds invested in a new project had been redirected to a crypto exchange.Saunders is one of the most highly regarded Australian crypto educators. He provides a paid service and he…

A "hands-on" tech demo of Google’s new artificial intelligence model Gemini has gone from being the talk of the town to being accused by critics of being “basically entirely fake.”The six-minute video, which garnered 2.1 million views on YouTube since its release on Dec. 7, shows it seamlessly interacting with a human operator in seemingly

Bitcoin refuses to dip to even its $42,000 February all-time highs, but familiar resistance higher up looms large. 307 Total views 97 Total shares Bitcoin (BTC) neared a critical breakout point on Aug. 19 as bulls sought to transform this week's downtrend into a battle for resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers and sellers…

Dynamic Set Dollar (DSD) coupon holders with $83 million have bought out the largest bear on the project. 1581 Total views 6 Total shares A coalition of DSD whales has bought out the biggest bear entity on the project allegedly responsible for consistently keeping the token price below the $1 peg.Posting on the DSD discord…

Soon after an unknown entity “rescued” $5.7 million worth of STEEM tokens from a “New Steem” hard fork seizure, Bittrex confirmed that the funds reached their account. The crypto exchange now faces a difficult decision of what to do with the 23.6 million STEEM tokens allegedly stolen from Steem witnesses.In a May 21 statement, Bittrex…

Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making "big mistakes" during the companies’ fast-paced growth. His official testimony started on Oct. 27, after a hearing on the previous day without the

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. 363 Total views 10 Total shares Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/USD,…