Yana Popenkova

Bankrupt crypto exchange FTX has asked the bankruptcy court to sell FTX Japan, FTX Europe, LedgerX, and Embed to save the companies from legal troubles. In the upcoming hearing on January 11, FTX’s lawyers will prove to the U.S. Bankruptcy Court in Delaware that the four companies are solvent and ready for sale. If the […]

The largest crypto exchange, Binance, temporarily halted USDC stablecoin withdrawals due to a “token swap.” Other stablecoins are not affected. The paused USDC withdrawal happened amidst FUD in recent days, both in media outlets and on Twitter. In short, halted withdrawals of USDC add to already growing investor concerns about the stability of Binance following […]

The former CEO of the recently bankrupt crypto exchange FTX, Sam Bankman-Fried, has confirmed his attendance at the upcoming House Financial Services Committee hearing. On Dec. 9, Sam Bankman-Fried tweeted: The tweet was a response to House Financial Services Committee chair Maxine Waters’s official invitation from Dec. 2. Maxine Waters stressed Sam Bankman-Fried’s attendance is […]

U.S. crypto exchange and co-founder of USDC, Coinbase, urges its customers to switch USDT to the trusted and reputable USDC with zero fees. In the official announcement from Dec. 8, the company states: At Coinbase, we’re focused on stability and trust. Today’s announcement represents one step on that journey – enabling global customers to convert […]

Investment banking giant Goldman Sachs is ready to invest billions of dollars in crypto companies overcoming the FTX contagion. GS plans to buy or invest in companies that have lost investor interest and whose valuations have fallen, Reuters reports. Mathew McDermott, head of digital assets at Goldman Sachs, told Reuters that the FTX collapse has […]

The U.S. House Financial Services Committee has scheduled a hearing on the FTX collapse, and Sam Bankman-Fried is unlikely to testify due to his unpreparedness. In response to Financial Services Committee Chair Maxine Waters’s official invitation to testify at the hearing scheduled on Dec 13, Sam Bankman-Fried tweeted that he probably won’t participate due to […]

Metaverse and NFT-related cryptocurrencies Axie Infinity (AXS), ApeCoin (APE), Flow (FLOW), and Sandbox (SAND) are skyrocketing amid gradual overall market recovery. AXS, the native token of the blockchain game Axie Infinity, stands out at 21.07% gain in 24 hours, making it at the top 1 of the Gainers And Losers chart among all cryptocurrencies, according […]

Decentralized finance BNB chain protocol Ankr, suffering from a massive exploit earlier this Friday, decided to compensate the liquidity providers by acquiring $5M worth of BNB. The attack was discovered by PeckShield, an on-chain security analyst, citing it happened due to a bug in Ankr protocol that allowed the hacker to endlessly mint aBNBc tokens. […]

The new Pudgy Penguins NFT collection, “Snowed In: A Rare Pudgy Penguins Sale”, was sold out at a famous Sotheby’s art auction for nearly $129K. Ten penguins of the collection, including rare perks such as golden skin and additional egg, cost a new owner an average of $12.9K, way higher than the floor price on […]

Days before the struggle with unlocking its Earn product, crypto exchange Genesis received regulatory approval from Italy and Greece. Gemini was registered as a virtual currency operator with the help of Organismo Agenti E Mediatori (OAM), Italy’s payment service regulator, on Nov 3. And as a custodial wallet provider and provider of exchange services between […]