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Binocs announces partnership with FibitPro for tax simplification
18.7.2023
Binocs recently announced entering a partnership with FitbitPro. The trusted crypto tax calculator shared the news on its official Twitter account. According to the tweet, the parties will collaborate to revolutionize the crypto journey. The partnership will see the parties simplifying users’...
Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration
17.7.2023
Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it
Binance cuts back on employee benefits, citing 'decline in profit': Report
17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home
How Chainflip is shaking up native cryptocurrency exchange
17.7.2023
By enabling cross-chain swaps of cryptocurrency, Cointelegraph Innovation Circle member Simon Harman is shaking up DeFi
Binance.US shares an update about the legal battle with the SEC
17.7.2023
The American arm of Binance has shared an update with the community about the ongoing legal battle with the US Securities & Exchange Commission, the SEC. Per the update, the US Court has not granted rights to the Commission to freeze the assets of the platform. Also, their right to TRO has been...
KuCoin retains a positive growth trajectory
17.7.2023
KuCoin has published its report for the first half of 2023. This includes numbers for the first and second quarters of the current year. Per the report, KuCoin has done a better job of retaining sustainability. One of the major factors to support this conclusion is the trading volume of $1 trillion...
Binance customers represented by entity, citing inadequate representation
15.7.2023
Eeon seeks compensation from both Binance and the US SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day
Synthetix takes on counterparty risks with Infinex derivatives exchange
15.7.2023
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX)
SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
15.7.2023
The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal
Coinbase pauses staking services in four US states following regulators' orders
15.7.2023
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets
US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License
14.7.2023
U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector...
Binance headcount reduction hits 1,000 employees: Report
14.7.2023
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected
Indonesia to launch crypto exchange in July: Report
14.7.2023
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said
Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case
14.7.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto Exchanges Bring Back XRP Trading Following the landmark...
US crypto exchanges give XRP listings a second chance after court ruling
13.7.2023
After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
US industry watchdogs oppose draft bill on crypto market structure
13.7.2023
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation
European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
Dubai Regulator Deems Crypto Exchange Bitoasis’ License ‘Non-Operational’
12.7.2023
Cryptocurrency exchange Bitoasis’ license has been deemed “non-operational” by the Dubai digital assets regulator, the Virtual Assets Regulatory Authority. According to the regulator, VARA took the decisive step after Bitoasis failed to meet “mandated conditions within...