Hybrid, non-custodial exchanges could help restore industry trust in crypto but CEXs remain key for onboarding new users.
Ahmad Shadid stepped down as CEO of the Solana-based DePIN Protocol io.net on Sunday. The decision came two days before the launch of io.net’s token, IO. As a result, the crypto community was skeptical of the decision and the former CEO’s past. Related Reading: If Ethereum Fails, Blame The ‘ETH Elite’, Not Solana: Industry Leader […]
On Thursday, Turkey’s Minister of Interior revealed authorities conducted a major operation against a crypto scamming platform in Ankara. The alleged Ponzi scheme has stolen over $1 billion in the last few years. Related Reading: Swipe Right For Scams? Canadian Authorities Warn Of Rising Crypto Frauds On Dating Apps Crypto Ponzi Scheme Busted Ali Yerlikaya, […]
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
In a significant move into the digital asset space, British banking app Revolut has unveiled Revolut X, a dedicated crypto trading platform for UK retail customers. According to a Fortune Magazine report, the launch of the new platform signifies Revolut’s commitment to the crypto industry and positions the company to compete with major players like […]
Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions in the form of compensation for the time value of their investment. FTX To Reimburse Customers In Full In a press release on May 7, FTX disclosed that it would be repaying 98% of […]
Coincheck said the timing is subject to approval by Thunder Bridger IV's stockholders, the SEC and Nasdaq.
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.
Binance and 9 foreign crypto exchanges were blocked in India over noncompliance with local AML regulations.
Bitfinex Securities earlier today unveiled plans to launch a tokenized debt issue to fund the construction of a “Hampton by Hilton hotel complex at El Salvador International Airport.” The issuance seeks to raise a substantial $6.25 million to facilitate the development of this 4,484-square-meter project. Bitfinex Ventures Into El Salvador’s Tourism Sector Bitfinex Securities El Salvador […]
For the past week, crypto exchange KuCoin has been at the center of a regulatory tornado. The charges filed last Tuesday include breaking several regulations and violating anti-money laundering (AML) laws in the United States. A recent report reveals that the exchange has faced significant challenges after the news of the lawsuits broke out. Despite […]
A recent report from Bloomberg has shed light on Binance’s latest efforts to refine its client base. It enhanced the screening process for prime brokerage clients to exclude US-based investors from its platform. This move comes amidst increasing regulatory demands and the exchange’s endeavors to fortify its compliance framework. Related Reading: Binance Investigates 300M BOME […]
Binance is still accessible in the country even after the three-month countdown that the Philippine SEC set for banning the crypto trading platform.
Catalyx suspects the security breach — which resulted in undisclosed losses — may have involved one of its own employees.