Creditors of the disgraced cryptocurrency exchange FTX are set to receive up to $16.5 billion (£12.6 billion) following a bankruptcy plan sanctioned in the U.S. on Monday This settlement concludes a tumultuous period that began with the company’s bankruptcy in November 2022, which left millions of customers without access toRead More →
The retail investment platform Robinhood has announced the introduction of cryptocurrency transfers in and out of its app for European customers As part of its international expansion efforts, the company aims to enhance its product offerings in the region. According to a blog post-dated Tuesday 1st October 2024, Robinhood willRead More →
Digital assets have soared recently to unprecedented heights and then plummet just as quickly. It’s an extremely volatile financial environment. Amid this volatility, the European Union’s securities watchdog, the European Securities and Markets Authority (ESMA), has sounded a cautionary note. The Concentration Conundrum ESMA’s latest report highlights a considerable concern: theRead More →
Binance is still open for business and is now being run by, Richard Teng. But who is the new boss of Binance? Mr Teng, from Singapore joined Binance just over two years ago as the chief executive of the Singapore business. That was the year when Binance came under aRead More →