Tag: exchange
Title: Bitcoin and Solana Experience Huge Buying Pressure with FTX’s $16B Distribution Plan
In a recent development in the cryptocurrency world, FTX, the exchange previously run by Sam Bankman-Fried, who is now convicted, is set to distribute a massive $16 billion in cash to its customers. This...
Bitcoin Price Plummets After FTX Collapse and Mt. Gox Panic
Bitcoin's price recently took a hit, dropping to around $54,000, resulting in the fifth largest realized loss since the FTX collapse. The panic selling that ensued was primarily fueled by concerns related to Mt....
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
Bitcoin Price Drops Below $57k Ahead of Poodlana Presale Launch
Bitcoin Price Drops Below $57k Ahead of Poodlana Presale LaunchBitcoin's price has taken a hit, dropping below the $57k mark for the first time since May 2024. The overall cryptocurrency market has been facing...
BitFlyer Acquires FTX Japan in Billion-Yen Deal
In a strategic move that is set to reshape Japan's cryptocurrency landscape, BitFlyer, one of the country's top cryptocurrency exchanges, is close to finalizing the acquisition of FTX Japan, a subsidiary of the bankrupt...
Kraken Recovers Stolen Funds from Recent Whitehat Attack – CoinJournal
Kraken, a popular cryptocurrency exchange, recently faced a whitehat hack orchestrated by blockchain security firm CertiK. The hack exposed a vulnerability in Kraken's system, allowing individuals to artificially inflate their account balances. CertiK withdrew...