Fri, May 15

Belgian Authorities Demand Binance To Cease Operations Immediately

Binance has been compelled to suspend its cryptocurrency services in Belgium. The FSMA has issued an order for an immediate halt of digital asset offerings in the nation. According to the announcement, Binance’s crypto services are available “from countries that are not members of the European Economic Area.” The biggest

June 24, 2023 2 mins read

Coinbase Scores a Legal Victory as the Supreme Court Rules in Its Favor

Coinbase, a leading crypto exchange platform, succeeded in its effort to submit customer complaints to private arbitration. The U.S. Supreme Court backs the crypto exchange’s request to postpone customer lawsuits.  Coinbase has achieved a significant legal victory in its ongoing battle to resolve customer lawsuits through private arbitration. The U.S.

June 24, 2023 3 mins read

Palmswap Exchange Announces Launch of V2 DEX on July 5

The cryptocurrency market is on the cusp of mainstream adoption globally fueled by regulatory scrutiny. The need for user-friendly cryptocurrency platforms is on the rise. As a result, Palm Labs Inc., a British Virgin Islands incorporated company, launched the Palmswap network, a decentralized exchange (DEX) used for trading perpetual contracts

June 23, 2023 4 mins read

Gemini Introduces Ethereum Staking in the United Kingdom

Gemini, a crypto exchange controlled by the Winklevoss twins, Cameron and Tyler, has introduced Ethereum staking in the United Kingdom. The launch of Gemini Staking Pro in the UK was formally announced by Gemini on June 23. By securing a minimum of 32 Ether (ETH), valued at about $60,000 at

June 23, 2023 2 mins read

Crypto.com Acquires VASP Registration in Spain

Crypto.com, the leading regulatory compliance and security, has achieved yet another remarkable milestone. Today, the company announced its successful acquisition of the Virtual Asset Service Provider (VASP) registration from the Bank of Spain. This latest recognition showcases it’s commitment to compliance and collaboration with regulatory bodies. We're excited to share

June 23, 2023 1 min read

FTX Trying Hard To Recover $700M Misappropriated Funds by SBF

On Thursday, in an effort to recover $700 million in investments allegedly made with diverted FTX money, the bankrupt cryptocurrency exchange FTX sued K5 Global and associates. According to a bankruptcy court lawsuit filed by FTX in Wilmington, Delaware, Sam Bankman-Fried (SBF), the company’s founder, was a “profligate patron” who

June 23, 2023 2 mins read

Binance U.S Announces Successful Restoration of USD Withdrawals

Binance US, the American branch of the world’s biggest crypto exchange, stated on Friday that it has worked with banking partners to fix the exchange’s USD withdrawal problems. It advises changing USD fiat funds to stablecoins cautioning that financial partners may cease the service soon. On June 23rd, Binance.US made

June 23, 2023 2 mins read

Binance Appoints Former Department of Justice’s Prosecutor Against SEC

According to a court filing made public on Thursday, Binance has hired a former prominent prosecutor from the Department of Justice to represent it in the lawsuit brought against it by the Securities and Exchange Commission (SEC). Yesterday, Binance launched a complaint against the SEC for making false claims. Moreover,

June 23, 2023 2 mins read

Binance.US Strikes Back Against SEC: Allegations of Dishonesty

Binance.US and its affiliated companies have taken legal action against the United States Securities and Exchange Commission (SEC), alleging “dishonesty and misleading” claims. The crypto exchange platform, Binance.US, along with its partners, filed a petition on June 21, seeking court intervention to challenge the SEC’s assertions regarding the handling of

June 22, 2023 1 min read

Insolvent Three Arrows Capital Founders Launch 3AC Ventures

On June 21, the platform Open Exchange (OPNX), which allows users to trade claims against insolvent crypto companies, made an announcement about a new ecosystem partner that would be known as “3AC Ventures.” Developers claim that the new venture will invest in projects linked to the OPNX ecosystem. Su Zhu

June 22, 2023 2 mins read
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