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Fairdesk crypto exchange to shut down over regulatory concerns
11.10.2024
The Singapore-based exchange will officially shutter on Nov. 30, 2024
Nigerian court denies bail for Binance exec despite health concerns
11.10.2024
Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable
South Korean Upbit crypto exchange faces monopoly probe
10.10.2024
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October
Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
8.10.2024
HKVAX is the latest exchange to receive approval
Bankruptcy judge approves FTX’s reorganization plan
7.10.2024
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
7.10.2024
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting...
Hong Kong makes HKVAX third licensed retail crypto exchange
4.10.2024
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait
OKX Announces Launch of PayPal USD (PYUSD) Spot Trading
3.10.2024
OKX, the second-largest offshore cryptocurrency exchange, has confirmed the addition of PayPal USD (PYUSD) to its spot trading…
Binance founder CZ walks free from US prison
27.9.2024
He served four-months in federal prison for charges including alleged violations of US anti-money laundering (AML) rules
Long and short positions in crypto, explained
26.9.2024
Long positions profit from rising crypto prices, while short positions profit from falling prices
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
23.9.2024
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit...
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
19.9.2024
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
Ex-Coinbase, Goldman Sachs Exec Launches New Crypto Exchange on PayPal Stablecoin
18.9.2024
TrueX, a new cryptocurrency exchange, has been launched that will focus on stablecoin-based trading and settlement. This launch…
Binance CEO CZ Will be Released From California Prison on 29th September!
16.9.2024
After approximately 120 days in prison, Binance CEO Changpeng Zhao (CZ) is expected to be released from prison…
Binance Briefly Suspends Sei Network Transactions for Upgrade
16.9.2024
Binance, one of the world’s leading crypto exchange platforms, has announced a plan to temporarily suspend token deposits…
Bybit Secures Provisional Approval From VARA for Dubai
16.9.2024
Bybit, the world’s second-largest crypto exchange by trading volume, has been granted a Provisional (Non-Operational) approval for VASP…
Bybit bags provisional crypto license from Dubai regulator
16.9.2024
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai
Nigeria Accuses Four Crypto Traders of Forex Regulations Violations
13.9.2024
The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley,...
Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty
13.9.2024
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner,...
WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected
13.9.2024
WazirX, a prominent Indian crypto exchange, is currently grappling with the aftermath of the $230 million hack on…