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Georgian vendors get crypto payments option with new partnership
19.4.2023
Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services
Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
18.4.2023
The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX
Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
18.4.2023
U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland
Coinbase may face years-long court battle with SEC, CEO warns: Report
18.4.2023
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
Bybit opens its global headquarters in Dubai
18.4.2023
Bybit, a cryptocurrency exchange, has finally decided to open its global headquarters in Dubai. The firm issued the formal announcement for this move on Monday. This incident happened about a year after it had been suggested doing so. At the time, this choice had been made unanimously, and it...
SEC charges Bittrex & its former CEO for unregistered operations
18.4.2023
William Shihara, the former CEO of Bittrex, and the cryptocurrency asset trading platform Bittrex have recently been charged by the SEC. The commission has charged the parties for running an unregistered broker, clearing agency, and national securities exchange. A couple of weeks ago, Bittrex...
SEC charges Bittrex with unregistered operations, calls six tokens securities
17.4.2023
The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency
17.4.2023
After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker,...
FLUX to be listed on ProBit
17.4.2023
Access to cryptocurrencies depends on how deeply they have entered the market. Meaning, they must be accessible to users on all platforms to have the maximum reach. This is possible if tokens go live on different exchange services, entering other regions and reaching more users across the globe....
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
17.4.2023
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives
The need for real, viable data in AI
17.4.2023
While still in its infancy, blockchain is particularly promising in validating data. Verifying data through blockchain networks can ensure that AI is computing accurate data to produce accurate products and results
China’s state-affiliated banks are on-boarding crypto companies in Hong Kong
17.4.2023
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms
Crypto lender Amber Group considers selling Japan unit: Report
14.4.2023
Amber's review of its Japan operation is part of a strategic shift towards institutional business and away from retail business
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
Crypto exchange Bitrue suffers $23M hack due to hot wallet eploit
14.4.2023
Bitrue executives promised to compensate in full all the identified users who are affected by the hot wallet hack that accounted for 5% of all funds on the exchange
Nigerian crypto payment startup shuts down, offers IP for sale
14.4.2023
Nigerian crypto and Web3 company Lazerpay shuts down due to the inability to raise funds and advises users to withdraw funds before April 30
EOS Network lands $60M investment and partnership from DWF Labs
13.4.2023
DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption
FTX eyes recovery of assets with work for the future in process
13.4.2023
Since FTX’s collapse about four months ago, there has been instability in the cryptocurrency market, forcing holders to follow the wait-watch principle. Things have not been working well for Sam Bankman-Fried since then. He is the former Chief Executive Officer of FTX who has pleaded...
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...