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Crypto firm Gemini to pay over $1 billion back to customers in settlement – The Verge

The virtual currency exchange operated by Gemini is promised to pay back $1.1 billion to customers as part of settlement reached Partnered with New York Department of Financial Services (NYDFS). Gemini will also have to pay NYDFS $37 million “for material failures that jeopardized the safety and soundness of the company.” NYDFS alleges that Gemini, […]

Winklevoss crypto firm Gemini to return $1.1bn to customers – BBC.com

Written by Peter Hoskins business reporter 57 minutes ago image source, Getty Images image caption, Tyler Winklevoss and Cameron Winklevoss Cryptocurrency exchange Gemini has agreed to return at least $1.1 billion (£870 million) to customers of its defunct lending program as part of a settlement with the New York Department of Financial Services (NYDFS). The […]

Crypto exchange Coinbase suffers outages amid bitcoin rally

Cryptocurrency exchange Coinbase encountered a technical problem on Wednesday as the world’s largest cryptocurrency soared to its highest value in more than two years. Coinbase support assured all users that funds on the cryptocurrency exchange are safe and that its team is investigating the incident. Post to Xthe platform formerly known as Twitter. “We are […]

Man Allegedly Vanishes After Crypto Exchange Accidentally Sends Him $585,000: Report – The Daily Hodl

An Australian man reportedly disappeared after a cryptocurrency exchange mistakenly transferred more than $585,000 to his account. According to the new Australian Broadcasting Corporation (ABC), reportthe crypto trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly mistakenly added zeros to account deposits made by Kou Seng Chai, a 37-year-old Mildura man. Efforts by the […]

Europe’s Crypto Kill Switch Has Arrived – The Daily Hodl

HodlX Guest Post Submit your post European data law came into force in January 2024 and contains far-reaching requirements that could force smart contract developers to comply with strict requirements. – Termination of live smart contract, etc. – Even if smart contracts are immutable and therefore cannot be modified in any way. “Safe Termination and […]

Crypto projects have received over $90 billion in all-time funding – The Block

According to The Block Research, the record total investment in cryptocurrencies and blockchain-related companies exceeded $90 billion. According to the same report, more than 50 deals have been completed so far this month, raising more than $90 billion in project funding. Block research datawhich has been tracking capital flows into the relatively new sector since […]

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