Tue, December 23

Kevin O’Leary Warns Against Unregulated Crypto Exchanges

Even after the demise of Sam Bankman Fried’s FTX, for whom Kevin O’Leary was a paid spokesman, he continues to invest in the cryptocurrency market. O’Leary has not changed his mind on the asset class despite the FTX crash, which has been called one of the worst times for the

April 5, 2023 2 mins read

Paxful Announces the Shutdown of its Marketplace

Paxful, the world’s largest peer-to-peer crypto exchange platform, announced on its official website that the company was going to suspend its marketplace. Ray Youssef, the founder and CEO of Paxful, stated that the decision was made because of key staff members leaving the company as well as the regularity problem

April 5, 2023 1 min read

Bitget Faces Fraud Allegations by Crypto Influencer Evan Luthra

Evan Luthra, a prominent figure in the cryptocurrency industry, alleges he lost over $200,000 on the Chinese cryptocurrency exchange Bitget and now accuses the exchange of defrauding its customers. Bitget reportedly sold coins worth millions the following day after Luthra’s Twitter thread claimed that Bitget had frozen his assets and

April 5, 2023 2 mins read

Crypto Exchange WonderFi, Coinsquare and CoinSmart Announce Merger

One of the most comprehensive cryptocurrency trading platforms in the world may soon be a joint venture of three Canadian cryptocurrency exchanges: WonderFi, Coinsquare, and CoinSmart. The newest crypto news pertaining to the merger is that the three companies will serve 1.65 million consumers and have over $600 million in

April 4, 2023 1 min read

Fake News of Interpol Red Notice on Binance CEO CZ Put to Rest

On Twitter, people are sharing what seems to be a doctored picture. A picture of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice webpage suggests the cryptocurrency company is in deep legal danger. CZ claims the photo was doctored with Photoshop. This is a photoshopped image. 4 https://t.co/vE5XlvvuQt —

April 4, 2023 2 mins read

Market Share of Binance Drops 16% Due to Recent Developments

Binance, a popular cryptocurrency exchange, has been the target of regulatory scrutiny and a lawsuit from the US Commodities and Futures Trading Commission (CFTC) in the last month on allegations that it violated the CFTC’s derivatives rules. As a result, Binance saw a significant reduction in its market share of

April 4, 2023 1 min read

Japan Warns Four Crypto Exchanges for Unregistered Operations

Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of

April 3, 2023 2 mins read

Binance, CEO CZ and Several Influencers Hit With $1B Lawsuit

Binance, a leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), have lately faced a number of difficulties. Only a few days after the Commodity Futures Trading Commission (CFTC) filed an action against Binance, the cryptocurrency exchange is embroiled in another high-profile legal dispute. On the evening of March 31st,

April 2, 2023 2 mins read

Crypto Exchange Binance Burns 1.6 Billion Terra Classic (LUNC) Tokens

In the eighth round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burned 1.6 billion LUNC tokens. Binance is responsible for 58% of the total LUNC tokens burnt by the Terra Luna Classic community, which is about 52.5 billion. The eighth release of the LUNC

April 2, 2023 1 min read

Coinbase CEO Backs ChatGPT Development Despite Heavy Criticism

The CEO of the biggest cryptocurrency exchange in the United States, Coinbase, has spoken out against calls to temporarily halt ChatGPT’s enhancements. Despite support from several high-profile figures in the IT sector. Brian Armstrong recently tweeted: “Count me among the people who think this is a bad idea. There are

March 31, 2023 2 mins read
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