Genesis Moves $1.5B in BTC, ETH for Creditor Repayment
Bankrupt crypto lender Genesis Global has moved $1.5 billion in Bitcoin and Ethereum for creditor repayment. Arkham Intelligence, a crypto data analytics platform, disclosed the update, which indicated that the funds were transferred to Ethereum (ETH) and Bitcoin (BTC). The implosion of the FTX Derivatives Exchange in Q4 2022 had a substantial impact on Genesis […]
FBI Warns About Crypto Exchanges Impersonation Scam
The Federal Bureau of Investigation (FBI) of the United States has issued a warning regarding individuals who impersonate cryptocurrency exchanges to steal users’ funds. According to the FBI, scammers contact their targets through calls or messages and pose as crypto exchange employees. They would assert that the user’s account is experiencing issues or that an […]
Hong Kong Broker Offers New Customers Deposit Bonuses in BTC
Futu Securities International, the largest online brokerage in Hong Kong, offers new customers deposit bonuses in Bitcoin as part of a promotional offer to encourage them to establish accounts. New customers who satisfy specific criteria are eligible for various incentives, including substantial Bitcoin awards, from August 1 to August 31, 2024, as indicated on the […]
ARK Invest Buys $21M of 3iQ Ether staking ETF
Cathie Wood’s ARK Invest has resumed active trading of crypto-related stocks, selling $14.6M in Coinbase shares and buying $21M of 3iQ Ether staking ETF. According to trading data obtained by Cointelegraph, ARK increased COIN selling in August 2024, unloading 69,069 COIN shares on August 1, following the resumption of substantial Coinbase (COIN) sales in July. […]
Worldcoin Expands Across Europe with Digital ID in Austria
The Worldcoin Foundation has introduced its digital ID-issuing orb in Austria, providing access to its digital identity verification technology across Europe. Residents of Vienna who are 18 or older may authenticate their World ID at numerous locations throughout the city as of July 31, becoming part of a global network of more than 6.3 million […]