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India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO
22.9.2023
India's crypto industry may have to wait for up to two years for a more lenient crypto tax regime, as per domestic exchange WazirX's CEO.
Last year, Indian authorities introduced a 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, which led to a significant decline in trading...
Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep
21.9.2023
An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.”...
Pancakeswap integrates Transak for fiat onboarding on multiple chains
21.9.2023
Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak
Revolutionizing the Cryptocurrency World: DEX BANUS Emerges as a Leader in Decentralized Futures
21.9.2023
PRESS RELEASE. Puerto Banus Spain, September 20, 2023 – The cryptocurrency and blockchain landscape is undergoing constant evolution, marked by groundbreaking innovations. At the forefront of this movement stands DEX BANUS. DEX BANUS: Pioneering Decentralized Trading DEX BANUS distinguishes itself...
Coinbase's Chief Legal Officer Stays Optimistic Amid SEC Battles – Here's Why
21.9.2023
Coinbase's Chief Legal Officer is remarkably optimistic despite two ongoing battles with the Securities and Exchange Commission (SEC).
Paul Grewal has expressed optimism about both cases, claiming that they could have a lasting impact on the entire industry....
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JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange
21.9.2023
In response to the ongoing HK$1.3 billion scandal in which Hong Kong police have asked telecom service providers to block access to JPEX's website, resulting in the arrest of three additional individuals suspected of conspiracy, JPEX has put forth a new dividend plan for its investors....
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Australian regulator sues crypto exchange over margin trading product
21.9.2023
The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers
a16z Crypto Leads $3.6 Million Seed Round for Decentralized Information Exchange Protocol Freatic - What Does It Do?
21.9.2023
Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors.
The project, as revealed by the development team, has emerged from stealth mode and is gearing up for its public launch. Leading this investment round is...
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca
20.9.2023
The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for...
Troubled crypto exchange JPEX applies for deregistration in Australia
20.9.2023
The unlicensed exchange allegedly solicited than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission
Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing
20.9.2023
PRESS RELEASE. London, United Kingdom, Date, Chainwire. Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about...
SEC’s Crypto Chief Signals Ramp-Up in Enforcement: ‘We’re Going to Continue to Bring Those Charges’
20.9.2023
According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an...
CoinEX to resume service with new wallet system following $70M hack
20.9.2023
CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
20.9.2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want...
US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase
20.9.2023
A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
19.9.2023
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute
19.9.2023
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary
CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
19.9.2023
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities