SBF Looks into FTX Lawyer’s Actions in $200M Alameda Loans
Sam Bankman-Fried’s legal team is requesting permission to cross-examine Gary Wang regarding the involvement of FTX attorneys in Alameda loan approvals. Sam Bankman-Fried’s legal team is requesting permission to investigate the alleged involvement of FTX attorneys in issuing $200 million in loans from Alameda, which Gary Wang approved. A court ruling issued on October 1 precluded […]
Frax Finance Launches “Final” V3 Stablecoin, Staking
The launch of FRAX v3, a stablecoin pegged to the dollar, has been announced by the community of Frax Finance. The stablecoin uses AMO smart contracts and permissionless, non-custodial subprotocols to preserve its stability. The official documentation for FRAX v3, a stablecoin intended to sustain its value through AMO smart contracts and permissionless, non-custodial subprotocols, […]
Deribit to Offer Options on More Tokens, Expand in EU
Deribit plans to introduce options trading for SOL (Solana), XRP (Ripple), and MATIC (Polygon) starting in January 2024. About a year after the platform experienced a $28 million attack, the cryptocurrency derivatives exchange Deribit is attempting to apply for a brokerage license in the European Union. The exchange now regarded the EU as the “best […]
Paxful Offers Bitcoin Via Costco Card
A peer-to-peer Bitcoin trading platform called Paxful has made it possible for customers to buy and sell Bitcoin using Costco Cash cards. Paxful, has announced the addition of a Costco Cash card payment option to its list of accepted forms of payment. This integration results from ongoing efforts to broaden the user-accessible cryptocurrency channels. Established […]
Hong Kong Police Warn of Binance Impersonation Scam
Police have warned residents in Hong Kong not to fall for crooks who send phishing texts while acting as Binance. Eleven cases totaling HK$3.5 million in reported losses have been submitted to the authorities over the last two weeks. A local news article from October 9 draws attention to a post on the social media […]