Binance CEO files slander suit against a Bloomberg affiliate
The CEO of Binance, is suing Bloomberg Businessweek in Hong Kong for slander for an item under the heading “Zhao Changpeng’s Ponzi Scheme.” The CEO of Binance, also referred as in the cryptocurrency world as “CZ,” filed a lawsuit against Modern Media Company Limited on Monday. Bloomberg material is licensed by Modern Media, an independent […]
FOMO Pay uses Ripple liquidity solution for treasury management
Despite the current legal dispute in the US, Ripple has seen continuous remittance technology adoption from private organizations. FOMO Pay, a Singapore-based supplier of institutional digital payment solutions, is the most recent fintech company to include on-demand liquidity (ODL), Ripple liquidity solution. In order to enhance its cross-border treasury settlements, FOMO Pay would leverage the […]
After 11 weeks of outflows, institutional ETH sentiment becomes positive
The greatest weekly inflows for ETH since June 2021 were recorded for the week ending on July 15 and totaled $120 million. According to CoinShares, there have been inflows into digital investment products that give exposure to Ether (ETH) for four weeks running. This suggests that institutional opinion about the asset has changed for the […]
Cyprus SEC Approves CryptoCom Provision of Crypto Services
The announcement comes a few days after Italy’s financial watchdog OAM approved CryptoCom plans to provide digital asset goods and services. Leading cryptocurrency exchange CryptoCom has announced that the Cyprus Securities and Exchange Commission (CySEC) has granted regulatory authority for it to continue its European growth. According to the official press release, CryptoCom will now […]
Voyager declines buyout offer from Alameda, as it “harms consumers”
Voyager’s attorneys appear to be disturbed by the buyout offer from Alameda and FTX since they do not consider it to be a legitimate one that would help its consumers. As a result of the actions being “not value-maximizing” and perhaps “harming clients,” centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX […]