Author: Louis Adams
I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.
FTX Files Lawsuit Against Binance and CZ
Reading time: < 1 minuteBankrupt cryptocurrency exchange FTX has filed a legal complaint against competitor Binance and the former CEO, Changpeng Zhao, for what is claimed to be a dishonest repurchase of shares by FTX’s previous CEO, Sam Bankman-Fried.
MicroStrategy Buys 27,200 Bitcoins for $2 Billion
Reading time: < 1 minuteMicroStrategy, led by CEO Michael Saylor, continues to cement its position as the largest corporate holder of Bitcoin with its recent purchase of 27,200 BTC worth nearly $2 billion.
Cumulative Monthly Traffic to Trading Platforms Soared in October
Reading time: < 1 minuteThe 20 leading crypto exchanges saw a combined 8% increase in monthly traffic in October, which can be attributed to growing interest from investors and active retail traders in anticipation of the 2024 US elections.
Standard Chartered: Solana Will Reach a New All-time High This Year
Reading time: < 1 minuteAccording to Geoff Kendrick of Standard Chartered, the cryptocurrency’s price will likely continue to rise and could easily reach $100,000 before the expiration date of certain Bitcoin options on December 27.
SEC Puts Off Decision on Spot Ethereum ETF Options Again
Reading time: < 1 minuteThe decision on whether to approve Ethereum spot market exchange-traded fund (ETF) options by the US Securities and Exchange Commission (SEC) has been postponed.
Detroit Allows Citizens to Use Crypto to Pay Taxes
Reading time: < 1 minuteDetroit residents will soon have the option to pay their taxes and other city fees using cryptocurrency through PayPal, as announced by the city’s Office of the Treasury on Thursday.
Poland Adds Crypto.com to Alert List
Reading time: < 1 minuteCrypto.com is facing its second regulatory issue in the European Union this year, as its Malta-based operator Foris DAX MT has been placed on an alert list by the Polish Financial Supervision Authority (KNF).
French Regulators Considering Ban on Polymarket
Reading time: < 1 minuteThe French gambling regulator has launched a probe into Polymarket, a cryptocurrency-based betting site that witnessed a trader place $30 million across four accounts in favor of Donald Trump winning the election.
Tether Moves 2 Billion USDT to Ethereum
Reading time: < 1 minuteOn November 6, stablecoin issuer Tether made a major announcement about a cross-chain swap. The company moved over 2 billion USDt from different blockchain networks to the Ethereum network.
WazirX to Launch a Decentralized Exchange
Reading time: < 1 minuteWazirX has announced its upcoming launch of a decentralized exchange (DEX) as part of its efforts to strengthen user security.
