Altcoins
Binance re-enters S. Korea through GOPAX equity purchase: report
Binance has returned to South Korea after a two-year break by acquiring a majority stake in the local cryptocurrency exchange GOPAX, Bloomberg reported Friday.
Dylan Butts
Contributor
Dylan Butts
Dylan Butts is a Forkast journalist based in Hong Kong. He has previously wrote for publications such as NBC and the South China Morning Post, covering a wide range of topics including business and technology. Dylan holds a bachelor's degree in economics from St. Lawrence University and a master's in journalism from the University of Hong Kong.
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Crypto Trading and Strategies
Crypto exchange PayBito begins to integrate ChatGPT into its platform
Cryptocurrency exchange PayBito announced its plans to integrate ChatGPT, an artificial intelligence (AI) chatbot developed by research firm OpenAI, on Friday.
Dylan Butts
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Blockchain Security
Crypto hackers stole record US$3.8 bln in 2022, mostly from DeFi and cross-chain bridges: Chainalysis
Hackers stole at least US$3.8 billion in cryptocurrencies throughout 2022, a record-breaking year for crypto heists, says blockchain forensics firm Chainalysis.
Dylan Butts
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Bitcoin News
Bankrupt FTX held US$1.4B in cash at the end of 2022
Bankrupt cryptocurrency exchange FTX.com had around US$1.4 billion in cash reserves at the end of 2022, according to a financial update released Tuesday.
Dylan Butts
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Bitcoin News
Celsius misled investors, spent customer funds, bankruptcy examiner claims
Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.
Dylan Butts
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Bitcoin News
Bitcoin trades higher in Nigeria amid cashless economy drive
Bitcoin price was trading at a premium in Nigerian cryptocurrency exchanges on Monday following the central bank's limit on ATM cash withdrawals.
Dylan Butts
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Blockchain Security
DOJ, FBI hack Hive Network, save US$130 mln from crypto ransomware attacks
The FBI and the DOJ have concluded a month-long disruption campaign against the Hive ransomware group, preventing victims from having to pay US $130 million.
Dylan Butts
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Bitcoin News
Bankrupt BlockFi asks court to approve bonuses to keep staff
BlockFi said it needed bonus payments to keep employees from fleeing the company. But creditors argue the plan is excessive when compared to other crypto bankruptcies.
Dylan Butts
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Regulation
Apple, New York Times, Hong Kong Government listed among FTX creditors
Lawyers for the bankrupt cryptocurrency exchange, FTX.com, filed a document with a list of its institutional creditors on Thursday, which included major technology firms, publications and government bodies.
Dylan Butts
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Bitcoin News
Bankrupt BlockFi’s financials show US$1.2 bln exposure to FTX, Alameda: report
Bankrupt BlockFi reportedly had over US$1.2 billion of assets tied to FTX.com and its sister trading firm Alameda Research
Dylan Butts
