Ethereum trader down to $770K after losing out on $43M leverage trading returns

Tron Founder Justin Sun Dispels Leverage Trading Liquidation Rumours

Justin Sun denies involvement in recent crypto market liquidations amid a significant market drop and heightened volatility.

FBI and Dutch Authorities Seize Sinbad.io, Alleged Key Tool for North Korean Hackers

The FBI and the Dutch Financial Intelligence and Investigation Service have seized the websites of a crypto mixer named Sinbad, allegedly used by North Korean hackers and cybercriminals for laundering stolen funds.

美国财政部制裁加密货币混合商Sinbad.io

Crypto curious Joseph Tsai to take over as chair at Alibaba

Joseph Tsai, a co-founder of Alibaba, will succeed Daniel Zhang as chair of the internet giant. He is a noted crypto enthusiast who has invested in several startups in the sector.

Atomic Wallet Hacker Moves Stolen Funds Via Crypto Mixer Sinbad.io

Atomic Wallet has joined the growing list of hack incidents in crypto and DeFi protocols this year. 

Coinbase Considers Overseas Crypto-Trading Platform

Coinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.

Alibaba Cloud System Failure Disrupts Cryptocurrency Withdrawals

The failure also affected websites and apps at the Monetary Authority of Macau, Galaxy Macau hotel, Lotus TV Macau, and food delivery platform MFood

Canadian Regulator Bans Margin and Leverage Crypto Trading

CSA has announced that it intends to strengthen its oversight of cryptocurrency exchanges by expanding the existing requirements for platforms.

Alibaba Cloud launches NFT solution… then quickly memory holes it

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results.

Kraken awarded crypto trading license in the United Arab Emirates

With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham trading pairs.