Exchanges

The world of cryptocurrency is no stranger to speculation and controversy, and recent events involving Coinbase and BlackRock have added fuel to the fire. Following accusations that Coinbase may not be backing its investment vehicle, the IBIT ETF, with actual Bitcoin, senior ETF analyst Eric Balchunas stepped into the fray to clarify and negate the

The case of Ryan Salame, a former executive at FTX, has recently taken a notorious turn, raising critical questions not only about his integrity but also about the broader implications for the justice system and its commitment to truthfulness. After previously pleading guilty to campaign finance violations and related money-transmitting offenses, Salame is now facing

Tokocrypto, a subsidiary of Binance, recently made headlines by securing a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This achievement solidifies Tokocrypto’s position as the third exchange in Indonesia to receive such a license, amidst stiff competition in the market. With 35 prospective crypto exchanges registered with Bappebti,

A Nigerian court has decided to postpone the decision on the bail application for Tigran Gambaryan, a detained Binance executive, until October 9. The ruling was issued by Judge Emeka Nwite on September 4 after hearing arguments from both Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who opposed the bail request. Gambaryan’s

Phishing scams in the cryptocurrency industry have been on the rise, with scammers using various tactics to trick users into transferring their funds to malicious actors. Jameson Lopp, co-founder of CasaHODL, recently warned about a new phishing scam targeting Gemini users. The scam involves a fake data breach notice that falsely claims Gemini is partnering

The landscape of the cryptocurrency market is constantly evolving, with new players emerging and established ones facing challenges. A recent report by research firm Kaiko has highlighted a significant shift in market share, particularly for leading exchange Coinbase. Coinbase, which once dominated more than half of the US crypto market share, has seen a sharp

In response to the recent hack on WazirX’s systems, Liminal took proactive measures to confirm the security of its infrastructure. Grant Thornton, a leading global auditor, conducted a comprehensive review to assess potential vulnerabilities within Liminal’s platform. The audit found no evidence of compromise in Liminal’s frontend, backend, or user interface, providing peace of mind

In a significant legal development, a federal judge has denied Coinbase’s motion to dismiss a class-action lawsuit filed by shareholders. The lawsuit alleges that the popular US crypto exchange misled investors about the possibility of facing legal action from the US Securities and Exchange Commission (SEC). The plaintiffs, including Sjunde AP-Fonden, Ryan R. Firth, and

The hacker behind the massive $235 million theft from WazirX, an Indian crypto exchange, has recently transferred approximately $10 million through sanctioned Tornado Cash. This move was reported by blockchain security firm Cyvers, indicating a troubling trend in the realm of cryptocurrency theft. The hacker has managed to launder $10 million in Ethereum, with deposits

WazirX has initiated the second phase of its fiat currency withdrawal process earlier than expected, on Sept. 3, despite the original start date being set for Sept. 9. This decision comes as the exchange deals with the aftermath of a major security breach that saw the theft of over $230 million in user assets. CEO

Binance CEO Richard Teng has spoken out against the Nigerian government for their harsh treatment of Tigran Gambaryan, an American executive detained since February. A viral video surfaced showing Gambaryan struggling to walk into a courtroom, with prison authorities denying his request for a wheelchair. This inhumane treatment has prompted Teng to demand that Gambaryan

Cryptocurrency exchange OKX’s Singaporean entity, OKX SG, recently announced that it has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore as it grants businesses the ability to operate without daily or monthly transaction limits. In order to qualify for this license, companies

Former FTX executive, Ryan Salame, recently withdrew his petition to dismiss the indictment against Michelle Bond just days before a crucial court hearing. Salame’s legal team informed Judge Lewis A. Kaplan of the Southern District of New York about the withdrawal in a letter dated August 29th. This decision was made “without prejudice” to allow

Recently, crypto exchanges Binance and Bybit have given hints about launching new Solana-related products, sparking speculation within the crypto community. Binance’s official X account posted a mysterious “BNSOL” message followed by “coming soon,” while Bybit introduced a new product, “bbSol,” on its platform. Despite the lack of specific details, many believe that these clues suggest