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Binance Coin Price Prediction as CFTC Sues Binance – Is This the End of Binance Crypto Exchange?

28.3.2023
The price of Binance Coin (BNB) has fallen by 5% in the past 24 hours, dropping to $310 in response to the news that the CFTC has filed a civil enforcement action against Binance and its CEO Changpeng Zhao. At $310, BNB has also dropped by 7.5% in the past week, although the exchange token is...

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

27.3.2023
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules....

Crypto exchange Binance launches new regional hub in Georgia

27.3.2023
Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023

Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community

27.3.2023
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds....

From Dorm Room to $1.75 Billion: 26-Year-Old's Crypto Exchange Takes Africa by Storm

26.3.2023
Cryptocurrency exchange Yellow Card has grown to be the largest centralized exchange in Africa since its launch in 2019, with $1.75 billion in transactions facilitated so far. Chris Maurice and Justin Poiroux are the co-founders of Yellow Card, who launched the platform from their dorm room...

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...

Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her

25.3.2023
Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the collapse of crypto exchange FTX. Bundchen claimed that she only invested in FTX because her financial advisors recommended it. Bundchen...

Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed

24.3.2023
Troubled crypto exchange Zipmex's $100 million bailout deal is in jeopardy as the exchange has not received its latest payment due March 23. The exchange was slated to receive $1.25 million on Thursday as part of its $100 million acquisition deal with V Ventures, a subsidiary of Thoresen Thai...

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

23.3.2023
Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves...

Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

23.3.2023
The SEC issued Coinbase a Wells notice on Wednesday, which informs businesses that it is planning future enforcement action against them

Coinbase Downgraded by Oppenheimer After Disclosing Possible SEC Charges

23.3.2023
The Wall Street brokerage said it was becoming increasingly worried about the fairness of crypto enforcement actions in the U.S

Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape

23.3.2023
As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses. Hong Kong, in particular, is rapidly transforming into a leading hub for the burgeoning cryptocurrency market. With...

Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users?

23.3.2023
Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning March 27 due to the recent closure of its banking partner Silvergate Bank. “As of March 27, 2023, Kraken clients will no longer be able to use ACH deposits and withdrawals through Silvergate,” the crypto exchange...

Aussie crypto exchange hints interest in Hong Kong base, but it’ll depend

23.3.2023
The CEO of Independent Reserve says Hong Kong's "friendly" licensing regime makes it a worthy destination to set up shop, but there are other factors to consider

SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations

23.3.2023
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto...