Diya

Binance CEO CZ’s step down liquidates $175m of crypto longs

The broader crypto market reacted to the news of Changpeng 'CZ' Zhao’s departure from Binance by liquidating almost $175m of long position trades.

Cryptocurrency

November 22, 2023by Diya

Genesis takes Gemini to court over preferential transfers worth $689m

Crypto brokerage Genesis Global Capital has sued exchange Gemini Trust to recover over $689m in preferential transfers, as per a Tuesday court filing.

Crypto Regulation

November 22, 2023by Diya

US officials seize $9m worth of $USDT connected to ‘pig butchering’

The DoJ revealed the seizure of nearly $9m worth of Tether that was traced to crypto addresses allegedly associated with a human-trafficking syndicate.

Crypto Regulation

November 21, 2023by Diya

Colony Labs invests $10m for Avalanche’s long-term growth

Avalanche ecosystem accelerator, Colony Labs, is boosting the Avalanche ecosystem by investing $10m to support the long-term growth of the network.

blockchain

November 21, 2023by Diya

Bank of America believes AI to enhance productivity despite bringing risks

In a report yesterday, Bank of America talked about how artificial intelligence (AI) could improve the banking sector while also posing inevitable risks.

AI

November 21, 2023by Diya