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Wex Exchange Co-Owner Reportedly Detained in Russia


Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of...

Crypto.com Chosen as an Official FIFA World Cup Sponsor


On Tuesday, the international governing body of association football, FIFA, announced the exchange Crypto.com will be an official sponsor of the FIFA World Cup Qatar 2022 tournament. According to the announcement, the digital currency trading platform will “activate its official...

Japan’s Crypto Exchanges Set to Speed Up and Simplify Crypto Listing Process


  Japanese crypto exchanges could be set to broaden the selection of coins they offer on their platforms – after a self-governing industry body unveiled plans to “streamline” the listing process for trading platforms.... Read More: Japan’s Crypto Exchanges Set to Speed Up and Simplify Crypto...

Report: Number of African Cryptocurrency Users up by Nearly 2,500%


The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin...

KuCoin Teams Up with CrossAngle to Bring Data Support


KuCoin is joining forces with CrossAngle, according to its blog post. The platform will receive support from Xangle, a virtual asset information platform developed and operated by CrossAngle. Xangle will play a pivotal role in Project discovery on KuCoin. This data research platform will also...

Colombians Take Legal Action Against Binance for Blocking Their Funds


An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to commence legal action against the exchange in the country. According to reports the funds blocked exceed $1 million, and after an investigation from the FIOD...

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