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Exit stage left — Eqonex to close crypto exchange after two years
15.8.2022
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom
Binance obtains in-principle approval to operate in Kazakhstan
15.8.2022
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai
Zipmex gets 3 month protection in Singapore amid halted withdrawals
15.8.2022
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence
14.8.2022
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million
13.8.2022
India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency...
Indian authorities freeze more crypto funds over money laundering allegations
12.8.2022
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country
FTX partners with Paradigm for 'one-click' futures spread trading
12.8.2022
The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies
Binance to Support the Monero Network Upgrade and Hard Fork
12.8.2022
Binance recently announced support for the upcoming XMR (Monero) hard fork and network upgrade. The upgrade will occur when the XMR network reaches a block height of 2,688,888. According to the estimates, it will be reached by 13th August 2022. After reaching the block height, Monero will stop...
Brazilian payment app PicPay launches crypto exchange with Paxos
12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
12.8.2022
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee....
Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M
11.8.2022
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets
German Crypto Exchange Nuri Files for Insolvency
10.8.2022
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange...
FTX Launches Community Points in Partnership With Reddit
10.8.2022
FTX has entered into a global partnership with Reddit to empower its community through Community Points which are all set to go live soon. FTX looks to leverage a large number of active users on Reddit and allow them to collect & access points through FTX Pay. Community Points will be a great...
BREAKING: Curve Finance team warns users to avoid using site until further notice
9.8.2022
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far
Poloniex Exchange Initiates Zero-Fee USDD Trading
9.8.2022
The reputable and authorized cryptocurrency exchange, Poloniex, serves both seasoned and novice traders. It provides a variety of crypto market presence, complex transaction kinds, and leverage trading to traders from different backgrounds. Placed among the world’s biggest cryptocurrency exchanges...
Binance P2P Brings Zero Maker Fee for Trade in LKR
9.8.2022
Binance P2P has brought the model of zero maker fees for advertisements that will be traded in the fiat currency of the Sri Lankan Rupee. The zero maker fee will apply upon successful trade on the pairs. Makers who post new advertisements traded with Sri Lankan Rupee will enjoy the benefit of zero...
WazirX Tackles Ownership Dispute and ED Probe
8.8.2022
WazirX recently got into a public spat with Binance after the latter claimed ownership, affecting over 15 million users as of August 2022. The dispute caught a spark after Changpeng Zhai, the Chief Executive Officer of Binance, tweeted that Binance could shut down WazirX, but it can’t as it would...
Crypto.com Secures EFTA and VSP Registration in South Korea
8.8.2022
Crypto.com has announced that it has acquired PnLink Co., Ltd. and OK-BIT Co., Ltd. to secure Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea. PnLink Co., Ltd. is a payment service provider, and OK-BIT Co., Ltd. is a virtual asset service...
Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’
7.8.2022
After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR). Some of the topics discussed by the two were focused on “education...