Fri, October 9

Crypto Exchange OKX Seeking Virtual Asset License in Hong Kong

OKX, a cryptocurrency exchange established in Seychelles, has stated that it would be seeking virtual asset licenses under the new regulatory system, as well as Type 1 and 7 licenses under the Securities and Futures Commission (SFC), in order to establish a presence in Hong Kong. In addition, it intends

March 29, 2023 1 min read

FTX Ex-CEO SBF Reaches Agreement on Revised Bail Terms With Prosecutors

In negotiations with US authorities, former CEO Sam Bankman-Fried achieved an agreement on revised bail terms. The attorneys requested that the court approve the signing of the proposed papers which include a phone and laptop with restricted internet access. The bail restrictions offered by the prosecution and amendments such as

March 28, 2023 2 mins read

U.S CFTC Sues Binance and CEO CZ for Federal Rules Violations

The U.S. regulatory crackdown on the crypto sector continues with the latest being Binance. The biggest cryptocurrency exchange, Binance Holdings Ltd., and its CEO, Changpeng “CZ” Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for allegedly breaking trading and derivatives rules. On Monday, the CFTC filed

March 27, 2023 2 mins read

Crypto Exchange OKX Releases OKB Chain Development Roadmap

OKX, a cryptocurrency exchange, revealed its plans for development for the year on Monday with the release of the OKX public chain development roadmap. OKB Chain (OKBC) is a public chain project started by OKX in February with the intention of developing a ZK-based Layer 2 scaling solution for the

March 27, 2023 2 mins read

Crypto Exchange Binance Opens New Regional Center in Georgia

The cryptocurrency exchange Binance said on Monday that it will be opening a new regional center in Georgia. This is in line with its effort to increase talent acquisition, promote blockchain education, and speed up cryptocurrency adoption in Eastern Europe and Western Asia area. After announcing a series of strategic

March 27, 2023 2 mins read

Coinbase To Develop Inflation-pegged Stablecoin Dubbed ‘Flatcoins’

Companies have continued to develop despite widespread regulatory monitoring. A leading cryptocurrency exchange, Coinbase, is investigating “flatcoins” on its Base network. Inflation-pegged stablecoins, or “flatcoins,” were recently disclosed by Coinbase to be necessary for development on the Base network. This is one of three important breakthroughs the company plans to

March 27, 2023 2 mins read

Bitget Collaborates With Space and Time To Offer More Financial Transparency

Bitget, the world’s biggest cryptocurrency copy trading platform, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data warehousing. With a verifiably tamper-proof audit trail of data and computation, the cooperation will allow Bitget to provide consumers with an unmatched level of transparency in exchange

March 27, 2023 2 mins read

Coinbase to Make Contributions to Pro-crypto Candidates in U.S Elections

Brian Armstrong, CEO of Coinbase, has said the company would begin making political contributions to pro-cryptocurrency politicians in upcoming US elections. In addition, the announcement is timed to coincide with the company’s receipt of a Wells Notice from the US Securities and Exchange Commission (SEC) recently. Armstrong called for the

March 25, 2023 1 min read

StormGain DEX Launched by StormGain for Intuitive Decentralized Crypto Trading

StormGain, an all-in-one cryptocurrency platform, has announced the debut of StormGain DEX, a brand-new platform for decentralized trading. The DEX has completed beta and is now accessible to the general public after many weeks of productive testing. With no custodial risk, StormGain DEX facilitates the decentralized trade of digital assets.

March 23, 2023 1 min read

SEC Warns Coinbase Over Crypto Offerings

The largest crypto exchange Coinbase Global reported receiving a “Wells Notice” from the Securities and Exchange Commission. Alerts Coinbase that the SEC staff has made a “preliminary determination” to recommend an enforcement action against the cryptocurrency exchange for breaking federal securities laws. According to a regulatory filing on Wednesday, the

March 23, 2023 2 mins read