Abdulkarim Abdulwahab
Binance Fires Investigator Who Implicated VIP Clients in $300M Wash Trading
Binance fires surveillance head following his findings of VIP client involvement in market manipulation. Investigations by the ousted team suggest that DWF Labs engaged in…
Global Crypto Volumes Tank by 44% to $6.58T First Time in 7 Months
Market trading volume dropped by 44% in April, marking the first decline in seven months. Spot and derivatives market volumes crashed to $6.58T from the…
FTX Customers Face Potential $10B Loss with Proposed Compensation Plan
Sunil Kavuri criticizes FTX's compensation plan for severely undervaluing customer claims. FTX customers will potentially lose $10 billion with the proposed plan. The plan includes…
Abu Dhabi Welcomes First Singaporean Crypto Firm with Initial Approval
QCP Capital received initial regulatory approval to operate in Abu Dhabi. The Singaporean firm reported $60 billion in 2023 crypto derivatives volume. UAE's crypto-friendly policies…
LayerZero Labs Cracks Down on Insider Airdrop Participation
LayerZero Labs bans employees from participating in the project's token airdrop. Community watchdog scrutinizes over 500 transactions for insider airdrop claims. LayerZero addresses Sybil's attacks…
KuCoin Strengthens Security with Bugcrowd Partnership to Launch Bug Bounty Program
KuCoin partners with Bugcrowd to launch a bug bounty program to enhance security across its trading platform. The program targets critical vulnerabilities in web and…
Can Legal Battles Secure the Future of Crypto in the US?
Robinhood receives a Wells notice from the SEC for likely enforcement action. Its CEO, Vlad Tenev, vows to take legal action against the SEC if…
Arthur Hayes Nets $4,916,006 Profit from Investing in PENDLE Tokens
Arthur Hayes records a $4 million profit from his Pendle investment. Hayes' Pendle holdings are now valued at $8 million, doubling his initial outlay. Hayes…
Australian Court Convicts BPS Financial for Unlicensed Crypto Operations
Australian court finds BPS guilty of unlicensed crypto operations with Qoin Wallet. BPS is guilty of misleading marketing, selling over $40 million in Qoin Tokens…
Bitcoin Hits 1 Billion Transaction Milestone 10 Years Faster Than Visa
The Bitcoin blockchain network has processed its one-billionth transaction. An analyst pointed out that the accomplishment surpasses Visa's timeline by a decade. Industry experts anticipate…
