Thu, April 2

Ripple CEO Says the SEC Lawsuit Will Be Resolved Soon

The US Securities and Exchange Commission filed a long-term action against Ripple in 2020. That contends the firm and its officials issued XRP cryptocurrency to investors without first registering it as a security. The series of hearings are already underway, and Ripple CEO Brad Garlinghuse has claimed that the disagreement

January 19, 2023 2 mins read

BitMart Exchange Announces $CORE Listing

Crypto firms and platforms have demonstrated their positive stamina despite the bearish market conditions that witnessed the negative trends of significant cryptos such as Bitcoin and Ethereum. The listing of new coins and tokens has been kept alive by exchanges that create more liquidity in the market. This will help

January 19, 2023 2 mins read

Crypto Exchange Binance Receives Regulatory License in Poland

Binance, the biggest cryptocurrency exchange in the world, has stated that its services in Poland now conform to all local regulations governing the provision of virtual asset service providers (VASPs). In order to keep utilizing Binance Poland’s services, Polish customers must agree to the company’s updated Terms and Conditions. Binance

January 18, 2023 1 min read

Fidelity-backed Exchange ‘OSL’ Reduces Headcount Amid Sluggish Market

After many months of volatility in the cryptocurrency market, the Hong Kong-based digital asset exchange OSL has decided to slash its operating expenses by around a third. This involves reducing the size of the personnel; however, the company did not disclose how much percentage of its workers were let go.

January 18, 2023 2 mins read

Japan’s Financial Watchdog Official Proposes Stringent Crypto Regulations

Financial Services Agency (FSA) of Japan Deputy Director-General Mamoru Yanase has called for more worldwide controls on the cryptocurrency sector. According to him, cryptocurrency exchanges need to be regulated like traditional financial institutions. Moreover, Yanase argues that authorities may avoid another crypto platform collapse by treating them like banks. The

January 18, 2023 2 mins read

Robinhood Announces Launch of Media-Focused Subsidiary ‘Sherwood’

U.S. retail trading platform Robinhood Markets Inc. announced on January 17 that it has launched a media-focused subsidiary named Sherwood Media, LLC. The exile Robin Hood of legend is said to have spent his early years in the “Sherwood” woodland, thus the name. The new media group would report on

January 18, 2023 2 mins read

SEC Issued Crypto Miners’ Private Detail During Investigation

The Securities and Exchange Commission in the United States has kept a keen eye on the cryptocurrency market. The regulatory authorities are ensuring no errors are unseen. And now it seems to have leaked the personal details of numerous crypto miners associated with the blockchain startup Green. Furthermore, the government

January 18, 2023 2 mins read

CoinFLEX partners with 3AC to raise funds for its new exchange platform

3AC (Three Arrows Capital Ltd.), a hedge fund established in 2012, and CoinFLEX, a crypto Futures, and Lending exchange shook hands. The founders of these two conglomerates share one common goal: to launch a trading exchange.  Su Zhu and Kyle Davies, the founders of the 3AC collide their path with

January 17, 2023 2 mins read

Class Action Lawsuit Filed Against Coinbase Over Flare Token Airdrop

Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase in the United States District Court for failing to provide Songbird and Flare tokens to Coinbase clients. Supposedly, the cryptocurrency exchange openly consented to divide up the airdrop among XRP investors. The complaint said that it was filed on

January 17, 2023 2 mins read

Founders of Insolvent Three Arrows Starting New Exchange ‘GTX’

As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC) and the cryptocurrency exchange CoinFlex, respectively, are looking to raise $25 million to start a new exchange called GTX. Bankrupt crypto businesses including Mt. Gox, Celsius, BlockFi, and the most

January 16, 2023 2 mins read
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