Sat, February 1

Singapore High Court Grants Zipmex 3 Months of Protection

Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several cryptocurrency ventures failed because of the weak market and the demise of Terra. Even while some investors had begun leaving the sector when Bitcoin’s price

August 15, 2022 1 min read

Cyprus SEC Grants Revolut Permission To Offer Crypto Services

The European digital bank has increased its backing for cryptocurrencies in recent days. Revolut is the pioneer recipient of the commission’s crypto asset authorization. The Cyprus Securities and Exchange Commission (CYSEC) has given Revolut permission to provide cryptocurrency services to European consumers. This makes Revolut the pioneer recipient of the

August 15, 2022 1 min read

BlueBenx Reportedly Stops Withdrawals Amid $32M Exploit

After a hacker allegedly stole $32 million from the Brazilian crypto lending company BlueBenx, all 22,000 of its members had their withdrawals frozen. Despite the fact that the corporation has not provided any information regarding the attack, a large number of people have apparently lost their jobs. BlueBenx is just

August 14, 2022 2 mins read

Huobi Global Co-founder Reportedly Planning To Sell 60% Stake

In order to sell his majority ownership in the cryptocurrency exchange for a price between $2 billion and $3 billion, Huobi Group co-founder Leon Li is in discussions with a group of investors, according to a Bloomberg report. Sam Bankman-Fried, founder of FTX, and Justin Sun, founder of Tron, are

August 14, 2022 1 min read

Tornado Developer Arrested As its Network Shutdown

Alexey Pertsev, a developer of Tornado Cash, was arrested by Dutch officials. Tornado Cash DAO reportedly went offline. Ethereum (ETH) network’s “Merge” has been ready for the switch to Proof-of-Stake (PoS), at this time Tornado Cash, a cryptocurrency mixing service built on the Ethereum blockchain has turned into a hot

August 13, 2022 2 mins read

Uzbekistan Cracks Down on Unlicensed Crypto Exchanges

Just one cryptocurrency exchange in Uzbekistan has been granted a license so far. Uzbek residents are urged by the NAPP not to utilize illegal exchanges. According to data collected by the National Agency of Prospective Projects (NAPP) in Uzbekistan, the number of unlicensed online platforms offering crypto-related services to citizens

August 12, 2022 2 mins read

Indian Authorities Imposed a Frozen Order on Vauld Exchange Assets

The ED is investigating more than ten crypto exchanges in India. The move on Vauld comes after a Singapore court granted a three-month moratorium. On Thursday, India’s Enforcement Directorate (ED), the country’s economic crime division froze the troubled cryptocurrency exchange Vauld assets worth $46.5 million. The step was taken shortly

August 12, 2022 1 min read

Crypto Exchange Hotbit Halted Trading, Authorities Suspended Funds

Hotbit halted a withdrawals, following the asset freeze by legal authorities. Authorities have charged a former employee for criminal activity. The cryptocurrency exchange Hotbit has stated that the exchange suspended all trading, deposits, withdrawals, and funding on its platform. According to the exchange, law enforcement has subpoenaed several senior officials

August 12, 2022 2 mins read

U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

The cryptocurrency exchange requested a stay of proceedings until dispute is resolved. The defendant has requested the court to not reject the intervention plea. Coinbase, the biggest cryptocurrency exchange in the United States, has come under SEC inspection for purportedly offering securities on its website. The exchange now faces even

August 11, 2022 1 min read

Tornado Cash-Linked User Accounts Have Blocked by dYdX Exchange

dYdX banned user’s accounts that utilized Tornado Cash. Many users had no awareness they had received money from the crypto mixer. The cryptocurrency exchange dYdX announced that it has blocked user accounts that even have a token link to Tornado Cash, the cryptocurrency mixing service that the U.S. Treasury sanctioned

August 11, 2022 2 mins read
Floating Icon