FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet | Bitcoinist.com

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A United States Judge has granted the request of FTX, the bankrupt cryptocurrency exchange, to sell off its substantial stake in an Artificial Intelligence (AI) startup company, Anthropic, enabling the exchange to accumulate more funds to repay its customers. FTX To Sell $1 Billion Anthropic Stake On Thursday, February 22, US bankruptcy Judge John Dorsey […]

KuCoin Settles Lawsuit, Agrees To Block New York Customers And Pay $22 Million | Bitcoinist.com

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Crypto, crypto exchange, Crypto exchange news, crypto exchange platform, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, KCS, KCSUSDT, KuCoin, KuCoin Labs, KuCoin Shares, Kucoin Spotlight, SEC lawsuit, SEC lawsuits

In a significant development, KuCoin, one of the leading cryptocurrency exchanges, has settled for $22 million and agreed to cease trading activities in New York to resolve a lawsuit brought against it by the state.  New York Investors To Receive $16.7 Million In KuCoin Settlement According to a Bloomberg report, KuCoin will refund a total […]

BREAKING NEWS: Poloniex Exchange Has Been Hacked, Move Your Crypto ASAP | Bitcoinist.com

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Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]

Crypto Triumph: Thailand’s Second-Largest Bank Seizes Control Of Local Exchange | Bitcoinist.com

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Thailand’s Kasikorn Bank (K-Bank) has made a significant move to strengthen its position in the digital asset space. According to recent reports, the bank acquired a 97 percent stake in Satang, a local cryptocurrency exchange. The deal, valued at 3.705 billion Thai baht ($102.8 million), marks K-Bank’s strategic entry into the rapidly growing Thai digital […]

Binance Sees Spot Market Share Fall To 34%, What’s Going On? | Bitcoinist.com

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Binance, the world’s leading cryptocurrency exchange’s spot market share has fallen for the seventh consecutive month and the crypto firm has reportedly lost more of its spot market share in the previous month. Reports have shown that the trading platform has experienced a decline in its spot market share for the seventh time in a […]