FTX Pledges Up to $1 Billion for Philanthropic Fund to 'Improve Humanity'
News

FTX Targets Latin America With Visa Debit Card—With Europe and Asia Next

In brief FTX is expanding its Visa crypto debit card internationally after launching it in the United States earlier this year. Latin American countries will be a big focus for the initial expansion, FTX said, with European and Asian countries also ahead. Cryptocurrency exchange FTX announced today that it is expanding its Visa debit card offering into more than 40…

Continue Reading

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
News

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation – Bitcoin News

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for Russian Persons The Council of…

Continue Reading

Brazillian Police Raid ‘Bitcoin Sheikh’ for Defrauding Victims of $766M: Report
News

Brazillian Police Raid ‘Bitcoin Sheikh’ for Defrauding Victims of $766M: Report

Another day, another Ponzi. Yesterday morning, 100 police agents spread across three of Brazil’s federal states raided 20 addresses linked to a crypto fraud network controlled by Francisco Valdevino da Silva, aka “Sheikh dos Bitcoins.” De Silva’s group is suspected of having defrauded and laundered up to 4 billion Brazilian reals (about $766 million) from “thousands” of Brazilians and citizens…

Continue Reading

Bankrupt Crypto Lender Celsius Reveals Thousands of Users' Transaction Histories in Court Filing
News

Bankrupt Crypto Lender Celsius Reveals Thousands of Users’ Transaction Histories in Court Filing

Troubled crypto lender Celsius has revealed the names and transaction history of hundreds of thousands of its customers in a court filing. The 14,500-page long document contained information such as customer names, crypto wallet IDs, transaction types and amounts, which services the customer had used, and the types and quantities of tokens held. The user data leak has already received…

Continue Reading

Bitcoin Miner Marathon Digital Unfazed by $81.3M Exposure to Bankrupt Data Center
News

Bitcoin Miner Marathon Digital Unfazed by $81.3M Exposure to Bankrupt Data Center

In its latest monthly report, Bitcoin miner Marathon Digital revealed exposure of $81.3 million in the now-bankrupt data center Compute North. The publicly listed mining firm had invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt data center Compute North. Marathon added that it had paid approximately $50 million to Compute North…

Continue Reading

Crypto Exchange OKX Blocked by Russia’s Telecom Watchdog
News

Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog – Exchanges Bitcoin News

Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia. Okx Blacklisted on Request From Russian Prosecutor’s Office for Disseminating Banned Information Russia’s Federal Service for Supervision of Communications,…

Continue Reading