Sun, February 9

Binance CEO CZ Updates Over Crypto Bank Runs

Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange has expressed his regrets about the media and their reporting. As mentioned in his tweet, the crypto-related publications delivered detailed reporting about the outflow of funds from Binance during the month of December 2023. But he considers the media is

February 6, 2023 1 min read

Binance Signs MoU With Georgia To Boost Crypto and Blockchain Adoption

Binance, the biggest cryptocurrency exchange, and the Agency for Innovation and Technology of Georgia (GITA) have signed a memorandum of understanding. The two groups want to collaborate on blockchain-related educational and community projects. As well as the growth of the cryptocurrency industry in the country as a whole. CEO of

February 5, 2023 2 mins read

Sam Bankman-Fried’s Emergent Fidelity Files For Chapter 11 Bankruptcy

The Antigua and Barbuda-based holding firm Emergent Fidelity Technologies, owned by Sam Bankman Fried, has filed for Chapter 11 bankruptcy. Documents filed on 3 February reveal that Emergent Fidelity Technologies voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.  Former CEO and

February 5, 2023 1 min read

Crypto Exchange tZERO Announces Platform Shut Down on March 6

Overstock has a significant stake in the tZERO Crypto exchange, which will close on March 6 according to a tweet from the exchange on February 3. While the United States Securities and Exchange Commission (SEC) and other authorities determine the legal status of crypto assets. The business said it will

February 4, 2023 1 min read

Arthur Hayes Takes Dig at 3AC and CoinFLEX Founders Over GTX Funding

BitMEX founder Arthur Hayes said on Saturday that the founders of Three Arrows Capital, Kyle Davies and Zhu Su, and CoinFLEX, Mark Lamb and Sudhu Arumugam, have successfully secured funding for their new cryptocurrency exchange GTX. By the end of February, the exchange’s founders want to have marketed themselves, as

February 4, 2023 2 mins read

Binance Re-enters South Korea After Acquiring Crypto Exchange GOPAX

Binance has purchased a controlling stake in the cryptocurrency exchange GOPAX in South Korea. The purchase was made possible by the “Industry Recovery Initiative,” an initiative spearheaded by Binance. By purchasing GOPAX, one of the top five crypto exchanges in South Korea, Binance is making a comeback to the country’s

February 3, 2023 2 mins read

Coinbase Stock Surged Over 24% Following Fed Interest Rate Hike

Today the U.S based cryptocurrency exchange Coinbase (COIN) shares soared by more than 24%, despite the Federal Reserve’s most recent hike in interest rates and statements from Fed Chair Jerome Powell about the Fed’s efforts in battling the high rate of inflation.  Further, on Wednesday, a U.S. judge dismissed the

February 3, 2023 2 mins read

Prominent Crypto Exchange Kraken Exits Abu Dhabi After Japan

The Abu Dhabi office of Kraken, a renowned cryptocurrency exchange, has shuttered less than a year after being granted a local license. More than a third of the company’s workforce will be laid off as a result of this reduction. In a move that affected around eight positions, Kraken laid

February 3, 2023 1 min read

Government-backed Crypto Exchange to Debut by June 2023 in Indonesia

Post the FTX fiasco, regulators and authorities around the world are cautious about crypto exchanges. Indonesia, one of several nations rapidly adopting cryptocurrencies, wants to build the world’s first government-backed crypto exchange by June 2023 at the earliest. The Ministry of Trade of Indonesia had planned to debut the market

February 2, 2023 2 mins read

Bone ShibaSwap (BONE) Now Available on Bitget

Bone ShibaSwap (BONE), the governance token for Shiba Inus, has been listed in an innovation zone, according to a Feb. 1 release from Singapore’s Crypto Derivative Exchange Bitget. Additionally, they said that the withdrawals will begin on February 3 and that it would go live on February 2. On the

February 2, 2023 2 mins read