Tue, February 4

USDT Stablecoin Will Be Delisted From Crypto.com in Canada

Crypto.com is restricting the Tether stablecoin (USDT) trading services in the Canadian region. This is seemingly the follow-up action by the largest crypto platforms after the Pre-Registration Undertaking (PRU) with the Ontario Securities Commission (OSC). And, Crypto.com will delist the USDT from 31st Jan 2023.  crypto dot com to delist

January 11, 2023 2 mins read

FTX’s Next Hearing Scheduled in Delaware Bankruptcy Court

The next FTX bankruptcy hearing is scheduled on Wednesday, January 11, at 9 a.m. EST in the District of Delaware Bankruptcy Court. The former CEO of FTX Sam Bankman-Fried’s ‘SBF’ attorneys will join the discussion about the deadline expansions and auction of distressed assets. Additionally, the court proceeding is to

January 11, 2023 2 mins read

Brother of Former Coinbase Employee Convicted For Insider Trading

The brother of a former Coinbase employee was found guilty of his part in an insider trading conspiracy involving cryptocurrencies. To one count of conspiracy to commit wire fraud, Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pled guilty in September. Wahi was handed a 10-month jail term

January 11, 2023 1 min read

Gemini Co-founder Claims Genesis Defrauded Both Exchange and Users

Cameron Winklevoss, the co-founder of Gemini, has sent a letter to the Digital Currency Group (DCG) in which he accuses crypto lender Genesis of defrauding Gemini and its 340,000 customers. Three pages of accusations against the lender and its parent firm were shared on Twitter today. In the statement, Winklevoss

January 10, 2023 2 mins read

Binance Stakes 4 Trillion Shiba Inu (SHIB) Worth Approx $36M

The price of Shiba Inu, the second most popular meme in the world, has been on the rise since the outset of 2023. The Shiba Inu Ecosystem’s most recent improvements have had a significant part in this pricing increase. However, the most recent update from the biggest cryptocurrency exchange, Binance,

January 10, 2023 1 min read

Coinbase Announces Additional 20% Layoff Amid Sluggish Market

Amid the continued bear market and FTX outbreak, Coinbase CEO Brian Armstrong intends to lay off another 20% of the company’s personnel in an effort to reduce operational expenditures. Coinbase had reduced its personnel by 18% in June of last year, and the new move will result in the loss

January 10, 2023 2 mins read

Voyager Digital Defends SEC’s Objection to Binance 1B Acquisition

Bankruptcy cryptocurrency lender Voyager Digital filed a motion in a US court in response to the opposition to the Binance.US plan to pay off its debt. Two legal files published late Sunday that it called the Alameda objections “hypocrisy and chutzpah”.  Also, Voyager Digital claimed in one document the objections

January 10, 2023 2 mins read

Ripple Appeal Court to Oppose the SEC’s Motion to Seal

The lawsuit between blockchain firm Ripple and the Securities and Exchange Commission (SEC) has no specific date. And the parties are receiving increased attention from interested parties. And, in particular, defense counsel James Filan has revealed that the Ripple defendants have filed their answer in opposition to the SEC’s Motion

January 10, 2023 2 mins read

Huobi’s Korean Division Reportedly Wants To Go Independent

Huobi Global, Justin Sun’s cryptocurrency exchange, has been said to be having financial difficulties and is facing a number of obstacles. As a momentous turn of events, Huobi’s branch in South Korea, Huobi Korea, reportedly opted to split out from the parent company. Furthermore, Huobi Korea reportedly wants to go

January 9, 2023 1 min read

Hong Kong Lures Crypto Exchanges and Firms Through Licensing

On Monday, Paul Chan, Hong Kong’s Financial Secretary, reaffirmed the region’s dedication to developing into a major crypto powerhouse. To investigate the possibility of retail engagement in the sector. Hong Kong has also encouraged crypto firms and startups to provide services. As regulators are ready to give licenses to crypto

January 9, 2023 1 min read
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