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Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar
13.5.2023
EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
13.5.2023
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
13.5.2023
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.”
Binance calls it quits in Canada, blames new rules
12.5.2023
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators
Visa Card holders at Crypto.com can now use Google Pay in Brazil
12.5.2023
Google Pay assists users in seeking a convenient way to execute a financial transaction. While its advanced mechanism is based on the country of operation, the basic functionality is more or less the same. Meaning, no matter the region, customers using Google Pay can make payments using the mobile...
Texas votes to add crypto into state’s bill of rights
12.5.2023
Texas lawmakers vote to add digital currency to the state's Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading
'We screwed up' — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
11.5.2023
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe "has been co-opted as a hate symbol" by certain groups
Terra Luna crash anniversary: Community reflects on the lessons learned
11.5.2023
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry
'We can't keep putting band-aids on the current system' — OKX CMO
11.5.2023
OKX launches a new campaign calling for a rewrite of centralized legacy financial and digital systems using blockchain technology and Web3 solutions
Gemini adds PEPE coin to the list
10.5.2023
Pepe introduced $PEPE to the market in mid-April and now has the support of Gemini, marking the achievement of one of the most significant milestones. Specifically, $PEPE was launched on April 14, 2023. It has been quick enough to touch the market cap of $750 million as of May 09, 2023....
Shaquille O'Neal claims process servers 'tossed' FTX legal papers at his moving car
9.5.2023
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange's collapse
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
9.5.2023
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s...
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
9.5.2023
Binance announced plans to embrace the Lightning Network: which large crypto exchanges are Lightning ready, and which ones are yet to be struck?
Bittrex US files for Chapter 11 bankruptcy protection
9.5.2023
Bittrex US has become the latest entrant to a league that does not necessarily reflect a good position. Per the reports, the crypto exchange platform has filed for Chapter 11 Bankruptcy Protection as the latest step in the process of ceasing its operations in the US. The development comes days...
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
8.5.2023
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities
Paxful restarts marketplace operations for the first time since April
8.5.2023
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts
Coinbase execs visit UAE to test potential of 'strategic hub' for international operations
8.5.2023
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
8.5.2023
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States
Binance Reportedly Investigated in US for Russia Sanctions Violations
7.5.2023
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine....