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Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
18.8.2022
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said...
Run-To-Earn Game STEPN Teams Up With Atlético de Madrid and Crypto Exchange WhaleFin for NFT Sneaker Collection
18.8.2022
The companies are releasing over 1,000 digital soccer cleats compatible for run-to-earn and eligible for real world rewards
Crypto Exchange Gemini Introduces Staking Support for US Investors
18.8.2022
The company hopes to capitalize on rising user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model
Token Front-Running Was Common at Coinbase Crypto Exchange, a New Study Argues
17.8.2022
Researchers at the University of Technology Sydney estimate that insider trading occurred on 10% to 25% of new crypto listings at Coinbase between September 2018 and May 2022, generating at least $1.5 million in profits for whomever was behind the transactions
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
17.8.2022
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central...
Exit stage left — Eqonex to close crypto exchange after two years
15.8.2022
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom
Crypto Exchange Coinify Obtains Regulatory Approval to Operate in Italy
15.8.2022
The now-bankrupt crypto lender Voyager Digital acquired the exchange for $84 million in stocks and cash last August
Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
15.8.2022
Eqonex Limited has closed its crypto exchange in order to focus on its custody and asset management business
Crypto Exchange Binance Receives In-Principle Approval to Operate in Kazakhstan
15.8.2022
Binance has obtained preliminary approval from the Astana Financial Services Authority to operate a digital asset trading facility and provide custody in Kazakhstan
Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report
15.8.2022
Cryptocurrency exchange Zipmex has been granted creditor protection until December by Singapore's high court, according to a Bloomberg report
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence
14.8.2022
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million
13.8.2022
India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency...
New Crypto Exchange Platform Bitflex Launches Futures Trading Competition with $15,000 Prize Pool
12.8.2022
PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform...
Brazilian payment app PicPay launches crypto exchange with Paxos
12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
12.8.2022
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee....
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
Belarus Issues International Arrest Warrant for Owner of Country’s ‘Largest Crypto Exchanger’
11.8.2022
Law enforcement officials in Minsk are seeking international assistance to locate and detain the man who ran what is said to be the biggest online exchanger for cryptocurrencies in Belarus. The crypto trader has been accused of tax evasion and an investigation against three of his accomplices...
US IRS Comes After Clients of Another Crypto Exchange
11.8.2022
In a tax-related effort, the US Internal Revenue Service (IRS) is asking permission to look into the customers of crypto prime dealer SFOX Inc. and its partner.
The service responsible for collecting taxes is seeking to do just that – collect taxes, but this time it’s searching to identify...