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Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show
30.5.2024
According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.
The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews
Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April
15.4.2024
Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion Pulled From LSD Platforms In the initial two weeks...
HKVAEX, Linked to Binance, Withdraws License Application from Hong Kong’s SFC
29.3.2024
HKVAEX, linked to the world's largest crypto exchange, Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post deadline.
The post HKVAEX, Linked to Binance, Withdraws License Application from Hong Kong’s...
Super Sushi Samurai Token Crashes by 99% After Critical Exploit
22.3.2024
Following a critical double-spending glitch, the GameFi project Super Sushi Samurai token's market value plummets 99.9% with $4.8 million withdrawn from its liquidity pool.
The post Super Sushi Samurai Token Crashes by 99% After Critical Exploit appeared first on Cryptonews
Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn
11.3.2024
A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating...
$400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch
2.3.2024
Around $400 million in Ether (ETH) has been withdrawn from the Ethereum layer-2 network Blast after the launch of its mainnet.
The post $400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch appeared first on Cryptonews
$867 Million Erased — Grayscale’s GBTC Experiences Record 20,803 Bitcoin Reduction in 24 Hours
27.1.2024
Recent data from Grayscale’s GBTC spot bitcoin exchange-traded fund reveals a significant reduction in its holdings, with 20,803.83 bitcoin, valued at $867.98 million, being withdrawn from the fund’s reserves. This substantial outflow, occurring over the past 24 hours, marks the most...
South African Regulator Expects to Determine Fate of 50 Crypto License Applications in ‘Coming Weeks’
26.1.2024
The head of enforcement at South Africa’s financial industry watchdog said on Jan. 24 that he expects the organization to decide the fate of 50 crypto firms’ license applicants in the coming weeks. The watchdog stated that from the more than 100 entities that applied for a license, 20 have since...
Tron Founder Justin Sun Withdraws Altcoins Worth $60M in One Month
22.1.2024
Source: Adobe / prima91 Justin Sun, founder of Tron and HTX advisor, has reportedly withdrawn $60 million worth of altcoins from Binance exchange in a span of one month. Per data from Lookonchain, Sun withdrew the maximum assets in Ethereum (ETH) worth $43 million, followed by $6.7 million worth...
Grayscale Bitcoin Trust Stash Dips by 10,800 BTC in One Day Amid High GBTC Trading Activity
19.1.2024
The Grayscale Bitcoin Trust, commonly referred to as GBTC, has recently divested a considerable quantity of bitcoin. Records indicate that a total of 10,823.86 bitcoin, valued at approximately $447.40 million, was withdrawn from the holdings of GBTC in the span from Thursday to Friday morning....
Grayscale Sees Over $477 Million Bitcoin Exodus as Blackrock and Fidelity ETFs Bolster Holdings
17.1.2024
Recent data reveals that since the update on Grayscale’s website three days prior, the firm’s most recent figures indicate a significant reduction in its holdings, with over 11,189 bitcoin, valued at approximately $477 million, being withdrawn from GBTC’s reserves....
Crypto Exchanges Witness Bitcoin Deposit Boom Amidst Ethereum Retreat
4.1.2024
According to recent data, in the past month, the quantity of bitcoin residing in centralized cryptocurrency exchanges surged by 32,058 bitcoin. Concurrently, the ethereum reserves on these exchanges have diminished, with 262,904 ether, valued at $597.42 million, being withdrawn from trading...
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
WOO X Crypto Exchange Reopens Trading with Enhanced Security After Market Maker Breach
20.11.2023
Source: iStock/JuSun Crypto trading platform WOO X has resumed operations after one of its market markers saw a significant amount of crypto assets withdrawn due to a breach of its security system. “It is business as usual for WOO X, as WOO reassures users that all client assets remain secure...
FTX Bankruptcy Team Sues Crypto Exchange Bybit for $1 Billion – What’s Going On?
12.11.2023
Source: Adobe / Ascannio FTX’s bankruptcy advisers have filed a lawsuit against crypto exchange Bybit Fintech and its two affiliated companies. The lawsuit aims to recover approximately $953 million worth of cash and digital assets that were withdrawn from Sam Bankman-Fried‘s...
Binance US Suspends Withdrawals in US Dollars
19.10.2023
Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...
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...