Search
Currency Exchange Gemini Seeks to Have SEC Lawsuit Dismissed
29.5.2023
In a recent update, the cryptocurrency exchange Gemini, run by the Winklevoss twins, filed a motion to dismiss the SEC’s securities violation lawsuit.
Gemini Trust Co filed the request in Manhattan federal court on May 26 in response to a January 12 lawsuit by the US Securities and Exchanges...
Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
29.5.2023
Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis...
Russia scraps plans for a national cryptocurrency exchange
29.5.2023
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said
Winklevoss Twins’ Exchange Gemini and Crypto Lender Genesis Ask US Court To Dismiss SEC Lawsuit
29.5.2023
Cryptocurrency exchange Gemini and bankruptcy crypto lending platform Genesis are firing back after being sued by the US Securities and Exchange Commission earlier this year.
Genesis and Gemini are asking the United States District Court for the Southern District of New York to dismiss the case...
Whales move 40B Shiba Inu as Shiberium sets milestone; Tradecurve to launch one of a kind exchange
29.5.2023
The latest buzz in the crypto community revolves around an intriguing event: whales moving a staggering 40 billion Shiba Inu (SHIB) tokens. While the movement of large digital assets is not uncommon, the timing is significant. It coincides with a major milestone for Shiberium, the L2 blockchain...
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
29.5.2023
The cryptocurrency exchange received “in-principle” approval to begin operations in Kazakhstan at the Astana International Financial Centre
Hackers Breach Nigerian Crypto Trading Platform — BTC and Naira Assets Compromised
29.5.2023
The Nigerian gift card and crypto trading platform, Patricia, announced on May 26 that one of its trading applications had been breached and that BTC as well as naira assets were compromised. The crypto exchange platform said it has since suspended withdrawals and is presently “undergoing...
ORDIUSD to go live for trading on May 30 at BitMEX
29.5.2023
Bitcoin Margined ORDI is scheduled to go live from trading at BitMEX on May 30, 2023, at 4:00 UTC. It will sport a maximum leverage of 50x, making it one of the highest position sizes in the industry. The first trading pair to go live on the platform will be ORDIUSD. XBT will be the …
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High
29.5.2023
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some...
Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations
29.5.2023
Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to...
Binance kicks off transition to new platform in Japan
27.5.2023
The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022
Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
27.5.2023
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis
Nigerian crypto company suspends withdrawals after BTC and naira compromise
27.5.2023
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media
Gemini files to dismiss SEC’s lawsuit over its earn product
27.5.2023
Gemini called the SEC's lawsuit as "ill-conceived" against its Earn Product which offered yields to customers against their crypto deposits
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
26.5.2023
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments
Crypto Exchange Gemini Selects Ireland for Its European Headquarters
26.5.2023
Crypto exchange Gemini will have a second home in Ireland after co-founder Cameron Winklevoss announced it would make Ireland its European headquarters.
Gemini, which is run by both Cameron Winklevoss and his twin Tyler, is based in New York. ...
Read More: Crypto Exchange Gemini Selects Ireland...
US Lawmakers Urges the SEC To Include State-Regulated Custodians in New Rule
26.5.2023
Lawmakers urged a US regulator to not further limit certain financial stakeholders in its proposed rule tightening cryptocurrency custody requirements.
Republican Rep. Mike Flood of Nebraska and Democratic Rep. Ritchie Torres of New York sent a letter to the Securities and Exchange Commission...
Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023
26.5.2023
Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange
Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity
26.5.2023
Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the crypto exchange Zondacrypto, has said. Kral also...
Bitpanda advances the concept of digital investing by partnering with Coinbase
26.5.2023
Bitpanda has introduced its partnership with Coinbase to the community. The objective is to reach out to as many institutional clients of Coinbase as possible, enabling them to leverage the power of Investing as a Service, also known as IaaS. Institutional clients of Coinbase include banks...