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Ukrainian Investigators Raid Illegal $4m Crypto Exchange


Ukraine’s new economic intelligence unit has unearthed a “cryptocurrency conversion center” – an illegal crypto exchange – with a “turnover of hundreds of millions of hryvnias.” The Bureau of Economic Security of Ukraine (BEB), per a report from LB.ua, claimed that its officers had “exposed...

Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License


The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become...

South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss


South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years. Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...

MEXC launches a $20 million fund to support key Sei projects


MEXC has announced the launch of a $20 million ecosystem fund to support the Sei Network adoption. MEXC is a reputed crypto trading platform, featuring in the top 3 crypto platforms in Asia and 10 across the globe. It was founded in April 2018, and according to our MEXC exchange review, the venture...

Report: Syrian Central Bank Devalues Local Currency by Nearly 50%


The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take steps to end activities that undermine the stability...

Binance Reportedly Close to Sealing Deal for South Korean Exchange Gopax


Binance is allegedly close to sealing a deal to buy a majority stake in the South Korean crypto exchange Gopax – per multiple domestic media reports. Outlets are claiming that the deal has been agreed in principle. But they note that a few final remaining legal and procedural hurdles still need...

BONK to go live on MEXC in Assessment Zone


MEXC announces the launch of trading for BONK, a project by Bonk Inu, by initially enabling the trading pair BONK/USDT. According to the timeline shared by the MEXC exchange platform, deposits are already active, and trading is scheduled to start on January 3, 2023, at 11:00 UTC. Withdrawals will...

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