Tue, April 23

Bankruptcy Court Greenlights Defunct FTX to Sell $873M Worth Assets

The bankruptcy court in Delaware approved the sale of around $873 million worth of trust assets held by the defunct crypto exchange FTX on November 29.  Assets totaling $873 million will come from FTX holdings in several trusts issued by Bitwise ($66 million), a custody service provider, and Grayscale Investments

November 30, 2023 1 min read

Philippines SEC Issues Warning Over Binance’s Unauthorized Operations

The Philippines SEC has reported that crypto exchange Binance has been operating illegally in the country. On November 28, the Securities and Exchange Commission (SEC) of the Philippines warned the public that Binance does not have the necessary authorization to sell or offer securities in the nation. In order to

November 29, 2023 2 mins read

Cristiano Ronaldo Faces Lawsuit Over Binance Promotion

The world-renowned footballer Cristiano Ronaldo is embroiled in a class action lawsuit that claims he caused investor losses via promotion of the crypto exchange Binance. Ronaldo is accused of encouraging and taking part in the sale of unregistered securities on the Binance exchange in a complaint that was filed in

November 29, 2023 2 mins read

Former Binance CEO CZ Steps Down as Chair from Binance U.S Board

Along with his resignation as CEO of Binance, Changpeng Zhao (CZ) will also be stepping down as head of the board of directors for Binance US, an exchange established in the U.S. Following the announcement of a $4.3 billion settlement between U.S regulators and Binance and CZ on November 21,

November 28, 2023 2 mins read

Interactive Brokers Now Offers Retail Crypto Trading in Hong Kong

One of the world’s leading brokerage companies, Interactive Brokers, has started crypto trading for retail customers in Hong Kong. This service was announced on November 28th and is provided in partnership with OSL, which was one of the first cryptocurrency exchanges in Hong Kong to be certified as a VASP.

November 28, 2023 2 mins read

Cathie Wood Led Ark Invest Dumps $5.3M Worth Coinbase Shares

ARK Invest led by Cathie Wood is once again cashing in on its Coinbase shares as the stock price of the exchange increases. ARK’s transaction filing dated November 27th shows that the company sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF. Based on statistics from MarketWatch, the transaction

November 28, 2023 1 min read

eToro Secures FSP License from ADGM To Operate in UAE

The United Arab Emirates (UAE) has granted eToro a Financial Services Permission (FSP) license, allowing the global trading and investing platform to begin operations. The Abu Dhabi Financial Markets Authority (ADGM), located in the capital of the UAE, is a worldwide financial hub. They granted eToro Financial Services Permission (FSP),

November 27, 2023 1 min read

Nine Blocks Secures Crypto License from Dubai’s VARA

The crypto hedge fund Nine Blocks Capital Management claims to be the first to get a license from Dubai’s Virtual Assets Regulatory Authority (VARA). On Monday, the hedge fund also announced that it will be relocating its worldwide headquarters to Dubai. Nine Blocks co-founder Henri Arslanian stated: “I think what’s

November 27, 2023 1 min read

OKX Announces Offering Crypto Services in the Brazilian Market

Crypto exchange OKX recently announced that it will be expanding its offerings in Brazil by launching a local cryptocurrency exchange and Web3 wallet platform. The organization announced on November 27 that it is concentrating on offering a Brazilian real fiat-on-ramp gateway to cryptocurrency trading and DeFi. OKX Brazil’s general manager

November 27, 2023 1 min read

Coinbase International to Add 4 New Pairs of Futures Contracts

Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) have all been added to the list of upcoming assets that Coinbase International Exchange, a subsidiary of Coinbase Global Inc. aimed at non-US customers, will be offering as Perpetual Future Contracts. The exchange has announced that it would offer trading pairs

November 26, 2023 1 min read