November 2024

Former Binance Exec Sues Over Bribery

Binance’s United Kingdom arm is under scrutiny after a former senior employee, Amrita Srivastava, filed a lawsuit alleging bribery and unfair dismissal. According to a Bloomberg report on Nov. 28, Srivastava accused another Binance employee of soliciting bribes from a customer. Her claims suggest the bribe was disguised as “consultative services.” Srivastava reported the matter

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Uniswap hits $38B

Uniswap Hits $38B Layer-2 Trading Record

In November, decentralized exchange Uniswap shattered records with a staggering $38 billion in trading volume across major Ethereum layer-2 scaling solutions. This marked a $4 billion increase from its previous peak in March, according to Dune Analytics. The achievement signals a revival in decentralized finance (DeFi) activity as the platform strengthens its position in the

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Ethereum Co-Founder

Ethereum Co-Founder’s $72M Transfer

On November 28, Jeffrey Wilcke, a former co-founder of Ethereum, transferred 20,000 ETH—worth approximately $72.5 million—to the Kraken cryptocurrency exchange. The transaction, executed at 19:59 UTC+8, has caught the crypto community’s attention. Despite this large transfer, Wilcke retains a significant Ethereum balance, holding 106,000 ETH valued at $384 million. Such movements often raise eyebrows, potentially

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Ripple invests

Ripple Invests in Rebranded Bitwise XRP ETP, Boosting XRP Price

Ripple has announced its investment in the newly-rebranded Bitwise Physical XRP ETP, sparking a 7.2% surge in XRP’s price to $1.43, according to CoinGecko data. The cryptocurrency is now up 26.8% compared to this time last week. The Bitwise Physical XRP ETP, previously known as the European XRP ETP, is part of Bitwise’s growing lineup

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