9 / 31 Relevant items tagged with #CryptocurrencyExchange

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FTX files billion-dollar lawsuit against ByBit over asset withdrawals

[Nov 12, 2023 2:25 AM] The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform.

Indian Supreme court rejects crypto petition, highlights legislative nature

[Nov 11, 2023 4:40 AM] Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature.

UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

[Nov 10, 2023 7:01 AM] According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.

Is it altseason? Altcoin 30-day performance and total market cap flash bullish

[Nov 9, 2023 3:21 PM] Three key data points highlight the 60-day strength shown by altcoins.

Progmat stablecoin platform takes shape as wallet, liquidity providers join

[Nov 8, 2023 2:51 PM] Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement.

‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

[Nov 8, 2023 5:46 AM] The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto.

Bitcoin supply held by long-term holders hits all-time high — Research

[Nov 7, 2023 2:07 PM] Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.

Coinbase beefs up its global advisory council with four national security experts

[Nov 7, 2023 11:40 AM] Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

[Nov 7, 2023 7:01 AM] Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.

SEC Inspector General says prohibition on crypto ownership hinders agency hiring

[Nov 6, 2023 3:48 PM] Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc.

CME Bitcoin futures hit record high, but uncertainty looms above $36K

[Nov 3, 2023 10:36 AM] CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy.

Dubai VARA grants 'initial approval' to crypto firm WadzPay

[Nov 2, 2023 7:36 AM] The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.

Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai

[Oct 31, 2023 4:12 AM] The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement.

Anthropic’s $2 Billion Deal With Google Brings Hope to FTX Creditors

[Oct 29, 2023 3:30 AM] A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has…

Binance Appoints New Regional Head for Eastern Europe and Central Asia

[Oct 27, 2023 10:30 PM] Binance’s General Manager for Central and Eastern Europe, Kyrylo Khomiakov, will take responsibility for Central Asia as well. His promotion comes after the crypto exchange’s top executives in the region left the company last month, part of a…

Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

[Oct 27, 2023 2:40 PM] According to customer emails, the changes will go into effect starting Nov. 30.

Crypto reshapes the American dream for younger generations: Report

[Oct 26, 2023 11:00 AM] Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.

Pro-Ripple lawyer predicts prolonged legal battle, hints at settlement factors

[Oct 26, 2023 2:33 AM] John Deaton says there has not been “a single serious conversation” about a potential settlement between Ripple, Brad Garlinghouse, Chris Larsen and the SEC.

FTX navigates post-bankruptcy options, weighs sale or revival

[Oct 25, 2023 3:31 AM] Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to revive the platform.

Binance and CZ renew calls to dismiss CFTC lawsuit

[Oct 24, 2023 10:00 AM] Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the "world’s derivatives police" in its lawsuit.

Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis

[Oct 23, 2023 2:26 PM] Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis.

Patricia exchange CEO announces debt restructuring via convertible notes

[Oct 21, 2023 3:08 AM] Patricia's CEO also revealed that these shares will be managed by a Securities Exchange Commission (SEC)-licensed trusted third-party trustee to ensure complete transparency.

Singapore court authorizes freeze order attached to wallets as soulbound NFT

[Oct 20, 2023 3:10 PM] A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order.

Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates

[Oct 19, 2023 12:30 PM] The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players.

Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges

[Oct 19, 2023 8:19 AM] The freeze resulted from a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets.

US government among largest Bitcoin hodlers with over $5B in BTC: Report

[Oct 16, 2023 2:19 AM] The $5-billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger.

Caroline Ellison: Secret recording offers trove of explosive revelations

[Oct 13, 2023 5:11 AM] Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX.

CFTC announces lawsuit against Voyager Digital and former CEO

[Oct 12, 2023 11:16 AM] The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.

Hata receives in-principle approval to be fifth Malaysian digital exchange

[Oct 11, 2023 1:30 PM] The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.

Bitstamp’s departure from Canada is ‘timing issue,’ says CEO

[Oct 11, 2023 3:49 AM] Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said.