The Federal Bureau of Investigation (FBI) is demanding the extradition of Sam Bankman-Fried to the United States. Together with Bahamian authorities, the US Central...
In the FTX crash, the crypto market has been in a state of shock. Celebrities such as the U.S. football star Tom Brady are among those affected. Slowly, the full extent of the FTX crash is becoming visible. Sam Bankman-Fried's crypto exchange had signed big-name investors and promotional deals, including Brady and his ex-wife, the Victoria-Secret model Gisele Bündchen, and NBA legend Stephen Curry. Not just promote faces, but also capital providers such as BlackRock and Kraken are among the losers of the FTX crisis.
PayTech company Cardstream (PR42 profile) has partnered with cryptocurrency company Qi to make it simpler for merchants worldwide to accept digital currencies. Cardstream processes card payments globally and also offers emerging and local payment methods for some regions and consumers.
The takeover of struggling crypto exchange FTX.com by rival Binance (PR42 profile) has fallen through.
"We have decided not to pursue the potential acquisition," Binance...
Aruk Fatih Özer, founder and CEO of Turkish cryptocurrency exchange Thodex, which was shut down last year, has been arrested in the Albanian coastal city of Vlora. The Turkish interior minister announced on Tuesday. Özer, 28, is accused of disappearing with his customers' money more than a year ago. Around 400,000 Thodex users were affected. He faces over 40,000 years in prison under the Turkish legal framework.
A few days ago, CoinsPaid, including CryptoProcessing, issued a press release claiming to be the world's largest crypto payment ecosystem. It had processed over €16 billion worth of crypto in total and continues growing by nearly €1 billion per month in the declining market. In Q3 2022, CoinsPaid allegedly processed 4.9 million transactions worth approximately €3 billion.
Along with Coinfinity, 21bitcoin and Strike, the Swiss app Relai has also made a name among bitcoin-only startups. They all skip the rest of the crypto assets and focus exclusively on trading the oldest and most prominent cryptocurrency, making them popular among Bitcoin maximalists.
Neutronpay, a startup that enables consumers and businesses to send and receive payments through Bitcoin's Lightning Network, has received $2.25 million in seed funding. The round was led by Hivemind Ventures and saw participation from Republic, Cavalry, Ride Wave, Studio, Fulgur Ventures and Iterative.
Blue Manakin, a crypto marketing agency with clients worldwide, has been working with the Spanish Fintech Bnext to launch the company's B3X token publicly. So far, the results have been promising, with a waiting list currently including 1,400 registered users and nearly 2,000 users on Telegram.
