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Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation


Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward. Liquidation Details The Australian cryptocurrency exchange group DAEX has halted all trading operations and entered voluntary liquidation, leaving...

Bill Proposes Voluntary Cryptocurrency Acceptance in Panama


A bill recently presented to the National Assembly in Panama proposes legalizing the voluntary acceptance of cryptocurrency in commercial transactions. The proposal also encompasses VASP regulation and integrating blockchain for optimizing state processes. Bill Introduced in Panama Proposes...

Bitwise Sets New Precedent as First U.S. Bitcoin ETF to Reveal BTC Addresses


Bitwise is leading the way in transparency for U.S. Bitcoin ETFs, revealing the fund’s BTC addresses. Image by ki, Adobe Stock. On January 24, Bitwise Asset Management took a major step toward transparency by releasing the Bitcoin wallet addresses linked to its Bitcoin exchange-traded fund....

Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%


The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space....

Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes


Image Source: Pixabay The UK national taxing authority has asked crypto users to disclose any unpaid taxes they might have in order to avoid fines.  In a Wednesday announcement, HM Revenue and Customs (HMRC) asked crypto users to make a “voluntary disclosure of any unpaid tax” relating...

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy


FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...

Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan


In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate Bank has been given a ten-day deadline to submit a plan outlining its self-liquidation procedure and the systematic cessation of operations. This order from the central bank comes in...

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