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SEC to present response to Coinbase’s legal defense on July 13
30.6.2023
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
30.6.2023
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been viewed as a source of funds that can be used to compensate customers who suffered losses as a result of the coin trading platform’s collapse....
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
CME Group set to introduce ETH to BTC Ratio futures
29.6.2023
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review
Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
29.6.2023
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim
Bitcoin speculators send 35K BTC to exchanges in new 'elation inflow'
29.6.2023
Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%
Coinbase applauds Canadian Committee’s recommendations
29.6.2023
In a recent publication by the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU), an extensive report has emerged, thoroughly exploring the applications and potential of blockchain technology in Canada. With a comprehensive set of 16 recommendations,...
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...
KuCoin crypto exchange to introduce mandatory KYC in July
28.6.2023
KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit
New exchange EDX reportedly switching out Paxos' custody services for Anchorage's
27.6.2023
The new exchange does not custody customer funds itself to avoid conflict of interest – and a hot-button issue with the SEC
Russians Turned to Tether During Wagner Revolt
27.6.2023
Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data revealed. Russians Traded Millions of Dollars’...
ByBit’s MVP license in Dubai ‘very restricted,’ CEO says
27.6.2023
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services
Bybit to provide crypto exchange and custody services in Cyprus
27.6.2023
Bybit recently announced it was gaining a license in Cyprus. The license allows the platform to run its crypto exchange in the region. As the third-most visited exchange, Cyprus is also delighted to offer its custody services in Cyprus. The achievement shows Bybit’s commitment to offering the best...
Crypto.com launches Singapore-based Global Innovation Lab
27.6.2023
Crypto.com has announced that it is launching a Global Innovation Lab based in Singapore with the objective of bringing together the expertise of Web3, blockchain, and Artificial Intelligence. Crypto.com will leverage the potential of the region to ensure that Singapore becomes a global hub...
Crypto investment products see largest weekly inflow since July 2022
26.6.2023
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally
Gemini rolls out assistance for Voyager users
26.6.2023
Voyager has gone bankrupt, and it is now up to Gemini to help its users. The venture has therefore rolled a way to offer assistance to them by allowing them to with their digital holdings in-kind. All they have to do is create an account with Gemini, review the list of supported tokens, and...
Binance reverses decision to delist privacy coins in Europe
26.6.2023
Binance said after carefully considering feedback from the community and several projects it revised operations to comply with EU standards
Terra Allies' Six Samurai team aims to revive the ecosystem
25.6.2023
The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong's SFC chief
24.6.2023
According to the CEO of Hong Kong's Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...