Sat, June 27

Japan Relaxes Crypto laws Concerning Listing of Tokens on Exchanges

Despite the bleak crypto market environment and the collapse of FTX, the government of Japan has agreed to make listings by cryptocurrency exchange in the nation simpler. Japan is relaxing its strict crypto laws even as the ripple effects of FTX’s downfall are still being felt across the industry and

December 29, 2022 1 min read

Alameda Research Wallets Activated Amid SBF Court Appearance

Sam Bankman-Fried ‘SBF’ is scheduled to enter a plea next week in response to charges that he defrauded investors and misappropriated billions of dollars from users at his bankrupt FTX crypto exchange. It’s been just 6 days since the former CEO was freed on a $250 million bond. According to

December 29, 2022 2 mins read

V Global Exchange Scam Executives Sentenced Upto Eight Years in Jail

A total of six executives were sentenced to up to eight years in jail. For their roles in the $1.5 billion (2 trillion won) V Global crypto exchange scam in South Korea. While three were not held so they could dispute specific allegations in court. V Global was in business

December 29, 2022 2 mins read

Binance Halts Terra Classic (LUNC) Burn Until March 2023

Binance, the biggest cryptocurrency exchange in the world, has put a hold on burning Terra Classic (LUNC) trade fees until March 2023. This action follows on the heels of the events around the funding proposals for the commodities pool, numbered 10983 and 11111. The crypto exchange will also only burn

December 28, 2022 2 mins read

Binance CEO CZ Stated ‘Never Touch User’s Fund’

The world’s largest cryptocurrency exchange Binance CEO Changpeng Zhao ‘CZ’, sat down for a round of questions. And CZ answered anything from how to buy a cool Binance sweatshirt to the FTX collapse in an interview video that was released on Binance’s Twitter account on December 27. The CEO of

December 28, 2022 2 mins read

Kraken Exchange Announces Ceasing of Operations in Japan

Kraken, a global cryptocurrency exchange, is ceasing operations in Japan for a second time. Blaming a drain on its resources caused by the country’s “weak crypto market.” Kraken announced in a blog post on December 28 that it would be closing its offices in Japan. And removing its registration with

December 28, 2022 1 min read

Crypto Lender Nexo openly Seek Options to Obtain Vauld

A Singapore-based crypto lender Vauld announced on December 26 that the July acquisition agreement between Vauld and its rival Nexo had “not come to fruition.” In response, Nexo stated today that discussions were ongoing and that it was still hoping to close the deal. However, Vauld has until January 20

December 27, 2022 1 min read

HSBC Filed Trademark Application for Crypto-Related Services

HSBC, a British multinational universal bank, has submitted trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency and products and services, including those relating to the metaverse and non-fungible tokens (NFTs). And Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted on Dec

December 27, 2022 2 mins read

What happened to Crypto this 2022?

The cryptocurrency market plummeted in real time along with the World’s economy. Although many sequential backlashes led to this downfall, this article focuses on a few that caused massive disruption.  2022 is a year of crypto adoption and unanticipated mass crypto tax regulations. Countries like Australia, Canada, Denmark, France, Germany,

December 26, 2022 3 mins read

French Investors File 2.4M Euros Lawsuit Against Binance Exchange

According to reports in local media, fifteen French investors have filed a lawsuit against Binance France and Binance Holdings Limited for false concealment and deceptive business activities. Binance was accused of breaking French law on December 14 in a complaint made by the plaintiffs. The complaint said that the exchange

December 26, 2022 2 mins read