Floating Point Group Halts Services, Following $20M Hack
Floating Point Group (FPG) has banned fund deposits and withdrawals on its platform due to a security compromise. Floating Point Group (FPG), a brokerage firm for digital assets in Southeast Asia and Asia Pacific (APAC), has stopped fund deposits and withdrawals on its platform due to a security breach. The company states that a sum […]
Coinbase Partners with Block’s Self-custody Wallet Bitkey
Coinbase has partnered with Bitkey to make it easier for customers to purchase Bitcoin while having control over their private keys. Bitkey, a bitcoin wallet service introduced by Jack Dorsey’s Block, has collaborated with the crypto exchange to enable users to buy, sell, and transfer bitcoin through their mobile app or hardware wallet using Coinbase […]
New York prohibits CoinEx, seizes $1.7M worth of cryptocurrency
Attorney General Letitia James has banned the Hong Kong-based cryptocurrency exchange CoinEx from operating in New York. The exchange had its cash, totaling over $1.7 million, seized for allegedly not registering as a securities and commodities brokerage. CoinEx resolved a previous legal dispute that began in February when the state of New York accused it […]
Celsius Opens Door to Swap Altcoins for Bitcoin, Ether
The Celsius Network has announced its plans to simplify converting all cryptocurrencies into Bitcoin and Ethereum, starting from July 1, 2023. The network aims to enhance accessibility to these prominent cryptocurrencies by allowing the conversion of alternative cryptocurrencies. A court document filed on June 14 revealed this information. However, it is essential to note that […]
BlackRock Bitcoin ETF to be Reality Soon
BlackRock, the largest asset manager globally, is reportedly planning to apply for the registration of a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). According to insider sources, progress is being made on the application. To facilitate the future Bitcoin ETF, BlackRock, based in New York City, intends to collaborate with Coinbase […]