Search
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner
19.1.2023
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role...
Binance registers as virtual asset service provider in Poland
18.1.2023
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland in order to continue using the company’s services
FTX fallout: SBF trial could set precedent for the crypto industry
18.1.2023
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example
Huobi and Binance Freeze $100M Associated with Harmony One Attack
18.1.2023
Binance recently tweeted about freezing accounts linked to the $100 million Harmony One attack. The exchange also provided assistance when the attacker tried to launder the funds through Huobi. According to the latest tweets by Binance, 124 BTC, amounting to 2.5 million dollars, have already been...
Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
18.1.2023
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages...
Coinbase stops Japan operations amid trading slump
18.1.2023
Coinbase crypto exchange originally started planning its Japanese expansion during a bear market of 2018
FTX: it took 'Herculean investigative effort' to identify $5.5B in liquid assets
17.1.2023
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
17.1.2023
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
17.1.2023
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims...
SEC of Thailand issues crypto custody provider rules
17.1.2023
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events
Crypto.com signs agreement with Climeworks & strengthens sustainability journey
17.1.2023
Crypto.com, as part of its plans, has taken the initiative of signing an eight-year contract with Climeworks to fulfill its commitment to the nullification of its direct carbon emissions. Crypto.com, as an entity, happens to be the undisputed leader of industries related to regulatory compliances...
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
16.1.2023
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange
16.1.2023
According to the project's pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion
Former FTX US President Says Relationship with SBF Deteriorated
16.1.2023
Brett Harrison, the former president of the infamous FTX exchange, recently broke his silence about his time on FTX. Brett recently released a string of tweets that recalled his experience with a volatile Sam Bankman-Fried. According to the tweets, Brett’s relationship with Sam and other deputies...
Bithumb ordered to pay outage damages to investors by South Korean court
16.1.2023
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
16.1.2023
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
15.1.2023
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows
15.1.2023
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...
Gemini and Genesis’ legal troubles stand to shake up industry further
14.1.2023
Now that the SEC has gotten involved in the ongoing Gemini–Genesis spat, things could get ugly for both parties in the near term
Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
14.1.2023
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange...