CoinEx Crypto Exchange Hacked, $54 Million Stolen!

The post CoinEx Crypto Exchange Hacked, $54 Million Stolen! appeared first on Coinpedia Fintech News According to the recent report, CoinEx, the amount stolen has risen to $54 million. The information was confirmed by SlowMist, a Chinese-based blockchain security firm. Following the incident, CoinEx announced that it had suspended deposits and withdrawals and assured users […]

OneCoin Co-Founder Receives 20-Year Sentence and $300M Fine

On September 12, a judge sentenced a key co-founder of OneCoin to 20 years in prison for masterminding a massive cryptocurrency scam that defrauded millions of investors out of over $4 billion worldwide. Karl Sebastian Greenwood marketed OneCoin as a legitimate Bitcoin alternative. However, the project was worthless from the start. He spearheaded the fraud […]

Ripple: 80% of Hiring will be Outside the US Amidst SEC Legal Battle!

The post Ripple: 80% of Hiring will be Outside the US Amidst SEC Legal Battle! appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse stated during the interview that over 80% of the company’s hiring for this year will be done outside the US. The announcement comes in the midst of a legal battle […]

Bitcoin Price Signals Another Bearish Formation and Could Revisit $25K

Bitcoin price struggled again near the $26,500 resistance. BTC is forming a double-top pattern and could revisit the $25,000 support zone. Bitcoin recovered above $26,000 but struggled to clear $26,500. The price is trading above $25,800 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance near $26,000 on […]

Binance US CEO Brian Shroder Steps Down Amid Layoffs: Bloomberg

Binance and the U.S. Image: Shutterstock Binance US President and CEO Brian Shroder has resigned from the company, according to a Bloomberg report subsequently confirmed by Decrypt on Tuesday. The news of his departure comes as Binance CEO Changpeng ‘CZ’ Zhao has worked to dismiss negative news or FUD (Fear, Uncertainty, and Doubt) about his […]

Tornado Cash Developer to Face Trial in Natherlands

The post Tornado Cash Developer to Face Trial in Natherlands appeared first on Coinpedia Fintech News Tornado Cash developer Alexey Pertsev is set to stand trial in a Dutch court next year. He was arrested earlier this year on charges of concealing criminal fund flows and facilitating money laundering. Pertsev was released on bail in […]

XRP Could Gain By 2500% In 2024, Crypto Analyst Says

Prominent cryptocurrency XRP remains among the major talking points in crypto over the last few months. Following Ripple’s partial victory over the US Securities and Exchange Commission (SEC) in July, analysts have continued to weigh in on XRP’s future, mostly predicting a bullish price trajectory for the altcoin. In the latest development, a crypto analyst, […]

Grab super app Web 3.0 features launched for users in Singapore

Grab adds Web 3.0 with NFT vouchers for its Singapore market as it eyes expansion in Southeast Asia. […] Read More… The post Grab super app Web 3.0 features launched for users in Singapore appeared first on CoinGeek.

Binance US Cuts One-Third of Staff, President Brian Shroder Departs Company!

The post Binance US Cuts One-Third of Staff, President Brian Shroder Departs Company! appeared first on Coinpedia Fintech News Binance US, a leading cryptocurrency exchange platform, has announced a significant reduction in its workforce. The company has cut one-third of its staff, and its President, Brian Shroder, will also leave the company. The Chief Legal […]

Binance US CEO Brian Shroder Steps Down Amid Layoffs: Bloomberg

Norman Reed, Chief Legal Officer of Binance US, will take the helm after the abrupt executive departure.