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Another 2 Binance US Executives Leave Crypto Exchange, Report
16.9.2023
Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...
Report: Binance’s Decision to Airdrop $3 Million to Morocco Earthquake Victims via BNB Token Criticized
16.9.2023
Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate...
Bankman-Fried’s House Arrest Writings Reveal Inner Turmoil, Blame Game in FTX Collapse
16.9.2023
According to more than 250 documents sent to the media, the disgraced co-founder of FTX, Sam Bankman-Fried, said he feels like “one of the most hated people in the world.” The former CEO of the now-defunct crypto exchange further noted in his statements that “there will probably never be anything...
SEC reverses decision on sealing, redacting some documents in Binance.US case
15.9.2023
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however
Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker
15.9.2023
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.”...
Crypto Exchange BTSE Launches Crypto-to-Fiat International Mastercard – Here’s What You Need to Know
15.9.2023
Digital assets exchange BTSE has launched a crypto payments card, which enables crypto-to-fiat purchases at any of Mastercard’s 53 million merchants in 210 countries.
The exchange first hinted that it would soon launch a EUR-based debit card solution, dubbed – BTSE Card – in June, which would...
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
15.9.2023
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS)
JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning
15.9.2023
Community members posted reports that the crypto exchange's staff has abandoned their booth at the Token 2049 event in Singapore after the warning
Remitano Crypto Exchange Faces Possible Hack, $2.7 Million Withdrawn in Suspicious Transactions
15.9.2023
On September 14, crypto exchange Remitano faced an alarming situation with a suspicious withdrawal of approximately $2.7 million in cryptocurrencies, triggering concerns of a potential security breach.
Around 12:45 UTC, Cyvers, a blockchain analytics platform, alerted the crypto community about...
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges
15.9.2023
Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner...
Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court
15.9.2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...
Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether
14.9.2023
The Remitano exchange experienced suspicious transactions as over $2.7 million was drained from its wallet by a single account
Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ
14.9.2023
The departure comes just days after the crypto exchange lost its CEO Brian Shroder
Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO
14.9.2023
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month
Crypto Exchange Bybit Expected to Leave UK Market Amid Looming Regulations – What’s Going On?
14.9.2023
Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8.
Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the firm...
Canadian Bitcoin Exchange Strikes Local Currency Conversion Partnership with Costa Rica’s Payment System
14.9.2023
Canadian Bitcoin (BTC), Bull Bitcoin has announced a partnership with Costa Rica’s most extensive payment system, SINPE Movil, and local wallet provider, Bitcoin Jungle.
According to a press release on Sept 14, the non-custodial Bitcoin exchange will give users the option to convert local...
Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience
14.9.2023
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West...
SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges
14.9.2023
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), has once again expressed concerns about the prevalence of compliance issues and misconduct in the crypto space.
During a recent conference hosted by Better Markets, Gensler acknowledged that while not all tokens can...