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Bybit launches Double-Win, a revolutionary trading tool
17.10.2023
Bybit has announced the launch of a trading tool that empowers traders and helps them maximize profits. The tool, named Double-Win, aims to mitigate the market risks along with its volatility. Users with Double-Win can be assured of being able to grab every market opportunity that they get. Bybit...
Binance posts update for UK users
17.10.2023
Binance has shared an update with its users who are based in the UK. This pertains to the platform looking for an FCA-approved partner before it can start onboarding new UK users and provide new products and services. It became imperative after the Financial Conduct Authority imposed the...
Binance Futures launches USDⓈ-M BOND Perpetual Contract
16.10.2023
Binance Futures has announced the launch of USDⓈ-M BOND. It is tentatively scheduled to go live on October 15, 2023, at 14:30 UTC. The maximum leverage has been set at 50x. BOND will be the underlying asset, and USDT will be the settlement asset at a tick size of 0.001. The capped funding rate...
US government among largest Bitcoin hodlers with over $5B in BTC: Report
16.10.2023
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
13.10.2023
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
12.10.2023
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations
Update on SEC vs Coinbase and a fall in BTC amid inflation
12.10.2023
That’s a two-way street the community has reached. The SEC and Coinbase have an updated movement in their contest. The Commission staff has made a recommendation to the SEC on the rulemaking petition for Coinbase. Meanwhile, the price of BTC has once again lost its resistance level despite having...
State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase
11.10.2023
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United States as opposed to implementing existing...
Hata receives in-principle approval to be fifth Malaysian digital exchange
11.10.2023
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals
Bitfinex is looking for a $150 million share repurchase
11.10.2023
Bitfinex’s proprietor is contemplating a $150 million share repurchase as a means of enhancing its operational control over the private company. The reason is more pressing as the emphasis on regulatory aspects continues to grow. Hong Kong-based iFinex has the same board of directors...
Coins.ph and Circle encourage Philippine financial inclusion
11.10.2023
Coins.ph has announced a strategic partnership with Circle to boost financial inclusion across the Philippines. The idea is to facilitate a USDC-based remittance mechanism to cover the section of the population that is still unbanked. According to statistics, nearly 44% of the population...
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
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
FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
10.10.2023
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet
OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’
10.10.2023
Founded in 2013, Okcoin will have the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx
Firms like OKX change marketing policies for FCA compliance
10.10.2023
The UK Financial Conduct Authority, or FCA, has introduced marketing regulations for crypto firms. The development comes at a time when the UK is looking to strengthen its oversight of its operations. A major part of the regulation seeks unregulated firms not to promote illegal financial products...
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
9.10.2023
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial....
Pro XRP Lawyer John Deaton slams Sam Bankman-Fried’s sympathizers
8.10.2023
He suggested that such sympathizers should not be considered for interviews with prominent media outlets like 60 Minutes
Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token
7.10.2023
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the conversion rate used to complete...
CFTC weighs enforcement action against former Voyager Digital CEO: Report
6.10.2023
Following the lending firm's bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations
Taiwan aims for crypto law by November: Report
6.10.2023
Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023