Mon, April 13

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

Australian Crypto Exchange ‘Swyftx’ Abandons Crypto Earn Program

In light of the “constantly changing regulatory landscape” for crypto assets in Australia. Cryptocurrency exchange Swyftx has decided to end trading its crypto-interest product this week. Beginning at midnight on January 10 (local time), all remaining Earn balances will be restored to users’ trade wallets, and the cryptocurrency exchange will

January 9, 2023 1 min read

Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap

Just days after two former workers purportedly warned at the prospect of closure. Crypto payment firm Wyre amended its withdrawal policy to prevent customers from cashing out up to 90% of their funds. In “the best interest of our community,” Wyre limited withdrawals on the platform on January 7. To

January 9, 2023 1 min read

Binance Faces Intense Scrutiny by U.S Authorities Post Rival FTX Fall

Prosecutors in the United States are investigating Binance’s ties to American hedge funds. As part of a long-running probe into the exchange’s alleged breaches of money-laundering laws. Recent reports indicate that the U.S. Attorney’s Office for the Western District of Washington has issued subpoenas requiring investment firms to disclose their

January 8, 2023 2 mins read

New Deadline For Repayments Registration Revealed For Mt. Gox Creditors

The first payback instalment from Mt. Gox has been postponed by two months, from July 31 to September 30 per a notice from the creditors. Payments will now begin on March 10th, two months later than originally planned. In addition, the January 10th deadline for submitting financial information and cryptocurrency

January 7, 2023 1 min read
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