Mon, February 3

Crypto Exchange Liquid Suspends Withdrawals Amid FTX Fall

Liquid, a cryptocurrency exchange, said today that it will be suspending all withdrawals. The Liquid team has asked users to hold off on making deposits until further notice. The exchange tweeted: “Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11

November 16, 2022 2 mins read

Crypto Exchange OKX Announces $100M Market Recovery Fund

On Tuesday, OKX, a cryptocurrency exchange, announced the availability of $100 million in recovery funds to assist initiatives experiencing liquidity challenges. At a time when the crypto market was continuing to sink due to the FTX crisis, Binance CEO “CZ” proposed a similar industry recovery fund. OKX, a cryptocurrency exchange,

November 15, 2022 1 min read

Court Approves Coinbase’s Request of Amicus Brief in Ripple Lawsuit

Ripple, a blockchain payments firm, was sued by the SEC in December 2020. The lawsuit has been ongoing for over two years now. Ripple has gained support from a wide range of firms. A significant side issue in the continuing lawsuit between Ripple and the U.S. Securities and Exchange Commission

November 15, 2022 1 min read

Binance Benefited From France Users as Visa Cuts off FTX Partnership

The world’s largest centralized cryptocurrency exchange Binance, experiencing massive use in its debit and credit card program. In addition, last week, Binance announced Apple Pay, Google Pay, and their credit/debit card integration to UK and EEA users. Meanwhile, in the aftermath of prominent crypto exchange FTX’s demise, Visa declared on

November 15, 2022 1 min read

Visa Ends Partnership With Bankruptcy Filed FTX Exchange

It was revealed on Sunday that Visa will no longer work with the defunct cryptocurrency exchange FTX. FTX-branded Visa debit cards will be discontinued, which was extended only last month. A Visa representative stated:  “The situation with FTX is unfortunate and we are monitoring developments closely. We have terminated our

November 15, 2022 1 min read

Crypto.com CEO Clarifies Over Liquidity Rumors in AMA Session

After the demise of FTX, rumors of instability at Singapore’s Crypto.com exchange have increased. The value of its native currency, Cronos, has fallen as a result of this uncertainty. However, the company’s CEO has publicly addressed investor concerns. The CEO of Crypto.com, Kris Marszalek, participated in a live-streamed Ask Me

November 14, 2022 2 mins read

Binance CEO CZ Emphasizes Consumer Safety at G20 Summit

Following Sam Bankman-Fried’s FTX insolvency proceedings, Binance CEO and co-founder Changpeng Zhao (CZ) stated solid and clear laws are needed for the cryptocurrency sector. CZ, a crypto billionaire thinks that it’s not only the government’s job to ensure consumer safety; it’s everyone’s. According to Bloomberg, during a meeting of G20

November 14, 2022 1 min read

Crypto.com CEO Claims Clean of $1B Stablecoins to FTX

A really tough time for the crypto exchanges all over the world. With numerous customers withdrawing their assets, exchanges are shutting down one by one. A major reason owes towards the collapse of FTX crypto exchange.  In such terms, many exchanges are now targeted by the investors upon the safety

November 14, 2022 2 mins read

AAX Exchange Clarifies Withdrawal Halt Due to System Upgrade

AAX, a cryptocurrency exchange located in Hong Kong, has denied reports that its recent suspension of withdrawals on the platform is related to the continuing repercussions of FTX’s collapse. On November 13, members of the cryptocurrency community stated they saw a “System upgrade notification” that indicated an update was “taking

November 14, 2022 1 min read

Binance Is Seeking To Revoke All API Keys From Third-party Firms

Binance CEO CZ tweeted this morning that users should not share their API credentials with any third-party platforms since there have been at least three individuals sharing their API keys with third-party platforms such as Skyrex and 3commas and experiencing unexpected trading on their accounts. Following that, the owner of

November 14, 2022 1 min read
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