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Zimbabwe Injects $50M in Forex Market to Stabilize Currency


Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than the official rate, causing economic instability....

bitFlyer Acquires FTX Japan, Plans New Crypto Business


According to a tweet, bitFlyer Holdings has completed its acquisition of the defunct crypto exchange FTX’s Japan arm. bitFlyer Holdingsは本日、FTX Japanの発行済株式100%の取得を完了しましたのでお知らせいたします。 これによりFTX Japanは当社の完全子会社となりました。 今後は8/26までに社名を変更し、新たにクリプトカストディ事業を展開する予定です。詳しくはこちら。https://t.co/Ks1aexAFLm...

Binance Completes Render Token Swap & Rebranding


The largest crypto exchange, Binance, has completed the Render (RNDR) token swap and rebranded to Render (RENDER). This is part of Binance’s ongoing efforts to streamline and improve its token offerings.  According to official reports, “Deposits and withdrawals for the new RENDER tokens...

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 


According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious...

FCA Fines Coinbase $4.5M for Onboarding ‘High-Risk’ Customer


FCA has fined prominent cryptocurrency exchange Coinbase’s United Kingdom arm $4.5M for breaching a voluntary agreement related to user onboarding. CB Payments Ltd. (CBPL), is an e-money institution and payments processor tied to United States Coinbase (COIN). Coinbase in trouble with UK regulators...

Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading


Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re...

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