Backpack, the company behind cryptocurrency wallet and crypto exchange has announced it has acquired FTX EU and its MiFID II license. Immediately after the announcement, Backpack has promised to return all customer EURO funds on behalf of the FTX estate. This also means cryptocurrency perpetual trading is coming back to world of European Union.
Coinbase, world’s number one cryptocurrency exchange has announced it would be delisting the WBTC token that is pegged to Bitcoin’s price.
Coinbase says that banks have been advised by FDIC to not provide services to cryptocurrency users. Clearly, the banks are scared of Coinbase, most specifically anyone who provides fiat to cryptocurrency gateways and vice-versa.
A whopping 275,000 traders have lost more than $1 billion in total over the last 24-hours. Leverage trading is a dangerous game and we always warn people against using leverage.
WazirX cryptocurrency exchange from India was hacked yesterday and whopping $230M worth of crypto has been transferred from its wallets.
Craig Wright has officially stated on his personal website that is not Satoshi Nakamoto, the creator of Bitcoin.
German government has sold a whopping 5200 bitcoins in a single day. This is more than 52-percent of what they previously had in their wallet.
The latest on-chain data confirms that yesterday marked the date for second largest bitcoin liquidation event in entire history of bitcoin – just after the FTX collapse that happened way back in November of 2022.
Blockchain wallet is one of oldest and most popular wallets for storing cryptocurrency out there. Today, they have rolled out an update that lets you claim free blockchain domain.
Cryptocurrency industry continues to evolve and there has been ample collaboration between various regulars and innovators, but Joe Biden’s Department of Justice has decided to make all activities related to bitcoin’s software development.
