Genesis Global Shuts Down All Crypto Trading Operations
Genesis Global, a subsidiary of Digital Currency Group, has ceased all of its crypto trading activities post-bankruptcy. Genesis Global, a once-significant participant in the cryptocurrency trading industry, has announced its intention to exit the market altogether. Genesis Global Discontinues Trading Activities This decision follows the company’s earlier decision to discontinue its spot trading services. Now, […]
Bull Bitcoin Partners with Costa Rica’s Fiat Payment System
Canadian BTC exchange Bull Bitcoin has partnered with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local cryptocurrency wallet solution. According to a press release issued by Bull Bitcoin on September 14, both Costa Ricans and “foreigners” will be able to convert colones to Bitcoin and vice versa. Using standard bank […]
Celsius Network CEO Mashinsky Seeks to Dismiss FTC Lawsuit
Mashinsky, the former CEO of Celsius Network, has asked the court to dismiss the FTC’s charges against him due to a lack of evidence. Alex Mashinsky, the co-founder and former CEO of Celsius, an insolvent crypto lending platform, asked the court on Monday to dismiss the charges against him brought by the Federal Trade Commission […]
Coinbase Clarifies Service Suspension Reports in India
A Coinbase spokesperson reaffirmed the company’s long-term commitment to India, stating their need to remain in the market. Coinbase has clarified in response to the previous reports that it would shortly cease all operations for Indian clients. Coinbase said in an email that it would stop providing all trading services to users in India after […]
FTX to Reverse Payments to Shaq, Naomi Osaka, and Miami Heat
FTX listed the millions it paid to celebrities such as Shaquille O’Neal, Naomi Osaka, and others that it hopes to recover. FTX is investigating whether it can recoup the millions of dollars paid to prominent athletes and sports teams that promoted the exchange before its bankruptcy filing in November. In a court filing of over […]