Crypto exchange eXch has announced it will shut down on May 1 after being linked to North Korea’s Lazarus Group. The group is accused of laundering around $35 million tied to the $1.4 billion Bybit hack. eXch admitted to handling a small portion of the funds from the February exploit. The closure follows rising pressure …
Binance CEO Richard Teng revealed that the exchange is now advising multiple governments on crypto regulations and building national Bitcoin reserves. This comes as the U.S. under President Trump signals a shift toward more crypto-friendly policies, including plans for a digital asset framework and reserve strategy. Teng’s efforts aim to support countries looking to integrate …
Binance, the world’s largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform. While the voting doesn’t directly decide the outcome, it serves as a strong signal …
In a major blow for crypto investors in India, the Supreme Court has rejected a petition filed by 54 users of the WazirX exchange. These users were hoping for urgent action after losing their funds in a massive ₹2,000 crore cyberattack. But the court said it isn’t the right authority to handle the issue and …
The Supreme Court of India has dismissed a criminal petition against WazirX and its co-founder, Nischal Shetty, related to a Rs 2000 crore cyber hack in July 2024. The petitioners accused WazirX, Binance, and Liminal Custody of negligence over Rs 4500 crore in cryptocurrencies. Over 4.4 million Indian users have had their funds stuck on …
Binance has announced that, after a recent review, it will be delisting the RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC spot trading pairs. The delisting will take place on April 18 at 03:00 UTC. This decision comes as part of the exchange’s ongoing review of trading pairs to ensure a streamlined experience for its users. Traders …
Both KuCoin and Binance are experiencing disruptions due to a large-scale AWS network outage. Binance saw issues with failed orders and temporarily suspended withdrawals, though services are now recovering and withdrawals have resumed. KuCoin assured users that their assets remain secure and data is safe, despite the temporary disruptions. Both platforms are working on resolving …
Trump’s troubling tariff drama turned the crypto market upside down until he gave a moment of breath to crypto assets by pausing the tariffs for 90 days. Bitcoin reacted quickly and surged to $84K. Others gained, too, but overall, the market is in bad shape. As the crypto market navigates macroeconomic uncertainty, all eyes are …
The market capitulation for the Mantra (OM), a first-level layer 1 project focused on real-world assets (RWA) tokenization, has attracted significant attention. The previously highly decorated project has now been likened to the Tera Luna (UST) crash due to the similarity of the situation. Moreover, both projects had gained significant trust from both retail and …
Crypto exchange WazirX has delayed the release of its remaining user funds once again, now setting the timeline for May 2025. This move adds to the ongoing wait for users who’ve been expecting their funds back for a while. While the platform mentioned internal reasons for the delay, no clear details were shared. Users will …
WazirX has once again postponed the distribution of its remaining user funds, pushing the timeline to May 2025. This marks another delay in the ongoing process, leaving many users waiting longer than expected. The exchange cited internal reasons for the setback but did not provide detailed explanations. Users who have been anticipating the release of …
Binance has announced the launch of LDUSDT, its second yield-bearing stablecoin. Designed for both earning and utility, LDUSDT allows users to generate passive income while also using it as collateral across supported platforms. This move aims to bridge stablecoin stability with DeFi functionality, giving users more flexibility and value. With LDUSDT, Binance continues pushing the …
Kraken has partnered with Mastercard to make it easier for people in the EU to spend their crypto. With this collaboration, users can now use Bitcoin and other cryptocurrencies at over 150 million merchants where Mastercard is accepted. This move brings crypto one step closer to everyday use, allowing holders to pay for goods and …
Binance has delisted 14 tokens from its platform triggering massive sell-off and panic in traders. This comes as part of Binance’s new mechanism to involve its community in its listing-delisting processes. Binance announced early Tuesday during Asia’s trading hours that it will delist the following tokens. “Following the Vote to Delist results and completion of the …
A Nigerian court has postponed Binance’s tax evasion case to April 30, giving the country’s tax authority more time to respond to a request from the exchange. The case involves serious claims—Binance is accused of owing $2 billion in back taxes and $79.5 billion in economic damages. Nigerian authorities allege the crypto platform’s operations contributed …
The impact of the April Fool’s scandal has continued to unfold amid market confusion and heavy liquidations. In the past 24 hours, Act I The AI Prophecy (ACT) price has dropped over 63 percent to trade at about $0.06987 on Wednesday, during the early Western financial markets. Several other Binance-listed tokens – led by DEXE, …
Regulators worldwide are tightening their grip on crypto exchanges, and Thailand is no exception. The country’s Securities and Exchange Commission (SEC) has taken legal action against OKX, one of the biggest crypto exchanges, for allegedly operating without a license. The Thai SEC has filed a criminal complaint against Aux Cayes FinTech Co. Ltd., the operator …
In a recent ruling, a South Korean court has temporarily lifted the three-month partial suspension imposed on the popular cryptocurrency exchange, Upbit. The court’s decision allows Upbit to begin serving new clients once again. This suspension had previously restricted its ability to onboard new users, affecting its operations. With this move, Upbit can continue providing …
Hyperliquid, a decentralized exchange, faced a big problem when the price of meme coin JELLYJELLY suddenly jumped by 500%. It looked like someone was manipulating the market, putting the exchange at risk of losing $12 million. But before things got worse, Hyperliquid’s team stepped in, fixed the issue, and turned the loss into a $700K …
CZ has just announced the launch of GIGGLE ACADEMY V.1.9.0 on X, packed with new and exciting improvements. The update enhances the platform’s features, offering users a smoother, more efficient experience. With these upgrades, the academy is set to provide even more value to its growing community. Whether you’re a new user or a long-time …
The cryptocurrency industry has always faced challenges with regulations, and South Korea is making sure its rules are enforced. Governments worldwide are keeping a close watch on digital assets, and some are taking strong actions to control unregistered exchanges. This time, South Korea has requested Google to block several foreign crypto platforms, marking a big …
Binance, the largest cryptocurrency exchange in the world, is preparing to include Particle Network’s PARTI token in its HODLer Airdrops program—a program designed to reward Binance users who hold Binance Coin (BNB) with free tokens of promising new cryptocurrencies. The PARTI token generation event (TGE) is scheduled for today, March 25, 2025, with the airdrop …
Mt. Gox has recently transferred a staggering 11,501 BTC, worth $1.01 billion. Out of this, 10,608 BTC ($927 million) was moved to a new wallet, while 893 BTC ($78 million) was sent to a hot wallet. This massive transfer is part of Mt. Gox’s ongoing rehabilitation process, aimed at repaying creditors affected by the exchange’s …
Binance has introduced BUBB and AGON through its Binance Alpha pre-selected listing pool, offering users early access to these emerging tokens. This initiative aims to simplify token listings while giving traders a chance to invest ahead of the broader market. As Binance expands its ecosystem, these new listings could drive significant interest. With BUBB and …
The crypto industry is showing strong enthusiasm and activity, fueled by the Trump administration’s more relaxed regulatory approach. Notably, Coinbase (COIN), a leading U.S. exchange, is in advanced talks to acquire Deribit, a major global derivatives exchange, according to Bloomberg report. The companies have already informed Dubai regulators, where Deribit is licensed, about the ongoing …
Coinbase is stepping up its efforts to bring clarity to crypto regulations in the U.S., proposing a new framework for the SEC to follow. The exchange wants clear rules that distinguish digital assets from traditional securities and is urging Congress to take the lead in defining regulatory boundaries. The Call for Clearer Rules It’s a …
Under Biden’s leadership many big institutions that struggled with SEC’s regulations are now spreading their wings in a clear sky! With the new SEC chair in place and Trump supporting the industry, things are getting better and better for crypto —dropped cases, friendly rules in making and what not! According to the Wall Street Journal, …
South Korea’s leading crypto exchange, Bithumb, is making big moves toward its long-awaited initial public offering (IPO). After years of legal battles, the company has finally cleared a major hurdle, bringing it one step closer to a stock market debut. A major roadblock for Bithumb was the legal case involving its former chairman, Lee Jung-hoon. …
On July 18, 2024, WazirX, an Indian cryptocurrency exchange, was forced to cease its operations, as Lazarus Group, a notorious North Korean hacker group, stole at least $234.9 million from the exchange through a hack attack. The exchange is preparing to restart its operations. Definitely, it is not going to be a smooth start. The …
Binance, the largest crypto exchange by trading volume, has announced plans to integrate GPS tokens from GoPlus Security, a company offering decentralized, user-driven security services for Web3. GoPlus Security’s token, GPS, will be available for trading on Binance starting Tuesday, March 4, at 13:00 UTC, with select token pairs as per a recent announcement from …