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Worldcoin to cease paying Orb operators in USDC as early as November
23.10.2023
Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers
Binance Set to Temporarily Cease Onboarding New Customers Following an FCA Restriction on UK Partner
17.10.2023
Binance will temporarily shut its doors to new customers in the UK. This follows a restriction on the exchange's operating partner in the UK by the Financial Conduct Authority (FCA).
According to an announcement by the exchange on October 16, 2023, crypto traders and investors who have...
Bitstamp to cease operations in Canada
11.10.2023
According to Bitstamp’s plans for the beginning of 2024, the crypto company will shut down all its operations in Canada. The actual reason behind this move has not exactly been divulged, but as per the CEO of Bitstamp, Bobby Zagotta, this decision was reached after much deliberation, and he added...
Dubai Regulator Blocks the Sale and Distribution of Islamic Coin
6.10.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) recently said the company distributing and marketing islamic coin (ISLM) lacks the authority to do so. VARA said Bored Gen DMCC must cease marketing activity until it obtains the appropriate approvals. The steps taken by the regulator came...
Gemini to Cease Offering Crypto Services in Netherlands in November
29.9.2023
Gemini said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB),"
Binance Reopens Registrations in Belgium, Restores Services
27.9.2023
Cryptocurrency exchange Binance is now accepting new registrations of Belgian users following an interruption caused by regulatory actions against it. In June, the trading platform was ordered to cease providing crypto exchange and custody services in the EU country. Binance Returns to Belgium...
Terra Classic community elects to cease USTC minting
24.9.2023
The community strongly supports discontinuing TerraClassicUSD (USTC) minting and reminting, actively engaging in USTC burning to restore its peg against the US dollar
Genesis Terminates Crypto Spot and Derivatives Trading Services – What’s Going On?
15.9.2023
Digital Currency Group’s Genesis that went bankrupt in January this year, continues to get hit by the bear crypto market. The digital assets lender is winding down its cryptocurrency spot and derivative trading business completely....
Read More: Genesis Terminates Crypto Spot and Derivatives...
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...
Crypto Spot Trading to Cease at Genesis Global Trading - What's happening?
6.9.2023
Genesis Global Trading (GGT), a New York-based subsidiary of Barry Silbert's Digital Currency Group, is set to halt its crypto spot trading services as of September 18. The decision comes directly from the company and is described as a voluntary measure due to unspecified business reasons.
The...
Binance Finds Way to Serve Belgian Users After Cease Order
31.8.2023
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...
Binance pushes new stablecoin as it confirms plan to cease BUSD support
31.8.2023
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time
SEC Charges Crypto Investment Adviser for Publishing Misleading ‘Hypothetical Performance Projections’
22.8.2023
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of violating the marketing rule when it advertised...
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
21.8.2023
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the bank’s coffers in January 2022. Government seizure...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Binance Connect to Cease Operations on August 16 – What's Going On?
16.8.2023
As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16.
The same day, the decentralized BNB Chain exchange known as Biswap posted a tweet announcing that Binance, a major...
Anita Sarkeesian Shutters Feminist Frequency, Operations To Cease In Early 2024
1.8.2023
After nearly 15 years, feminist game critic Anita Sarkeesian’s non-profit organization Feminist Frequency will cease operations in early 2024. The news was delivered via official press release with Sarkeesian citing endless burnout and exhaustion from growing the site over the years, which she says...
The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
14.7.2023
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...
Fintech Giant Revolut to Cease Offering Solana, Cardano, Polygon Tokens in the U.S.
4.7.2023
Revolut, a prominent UK-based fintech app, has announced that it will halt the offering of Solana (SOL), Cardano (ADA), and Polygon (MATIC) tokens for customers in the United States.
This decision comes after Revolut's provider, digital asset platform Bakkt, decided to delist these...