[Aug 5, 2023 1:30 PM] A class action lawsuit filed against cryptocurrency firms Tether and Bitfinex was dismissed Friday by a federal judge in New York. The judge ruled the complaint lacked plausible claims of injury and failed to show that Tether’s stablecoin…
[Aug 5, 2023 12:00 AM] Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform…
[Aug 3, 2023 5:30 AM] Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s…
[Aug 3, 2023 1:30 AM] Founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), has sought to avoid being jailed, denying prosecutors’ accusations of witness tampering that followed an interview he gave for the New York Times. The indicted crypto mogul also…
[Aug 2, 2023 5:30 AM] The world’s largest cryptocurrency exchange, Binance, has received a license to operate in Dubai as a regulated platform. The authorization will allow the crypto giant to offer exchange and other services for virtual assets to institutional and…
[Aug 2, 2023 1:30 AM] Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token will…
[Jul 30, 2023 2:30 AM] Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering…
[Jul 28, 2023 5:30 AM] The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic…
[Jul 27, 2023 8:00 AM] U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the…
[Jul 27, 2023 2:00 AM] Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing…
[Jul 26, 2023 12:00 AM] Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC…
[Jul 21, 2023 11:30 PM] Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the…
[Jul 21, 2023 4:15 AM] The long-awaited Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.
[Jul 21, 2023 3:30 AM] Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail…
[Jul 15, 2023 2:00 PM] Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was…
[Jul 13, 2023 12:30 AM] Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue…
[Jul 12, 2023 12:00 PM] The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the…
[Jul 12, 2023 5:30 AM] If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted…
[Jul 9, 2023 4:00 AM] Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the…
[Jul 9, 2023 12:00 AM] Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing…
[Jul 1, 2023 12:30 AM] Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts…
[Jun 30, 2023 10:30 PM] Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS…
[Jun 30, 2023 6:00 AM] No new crypto rules are needed, said Aaron Kaplan, co-CEO of Prometheum Inc., and his company means to demonstrate it – even as the issuers whose tokens it seeks to trade say no thanks.
[Jun 29, 2023 10:30 PM] Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been viewed as a source of funds that can be used to compensate customers who suffered losses as a result…
[Jun 29, 2023 9:00 PM] Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in…
[Jun 28, 2023 10:30 PM] Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to…
[Jun 27, 2023 2:00 PM] Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data…
[Jun 23, 2023 12:30 PM] The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities…
[Jun 23, 2023 12:00 AM] This week, the cryptocurrency market has experienced a remarkable resurgence, resulting in unexpected price surges across numerous coins and tokens. Cardano (ADA) is a notable beneficiary, showcasing a significant price increase over the past three…
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