Mon, February 3

Binance to Delist Four Underperformed Altcoins from its Exchange

Binance, one of the world’s leading cryptocurrency exchanges, announced the delisting of four tokens by June 17. It includes OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). Deposits of the tokens will not be credited after June 18, 2024. Further, the withdrawals of these assets will not be

June 3, 2024 2 mins read

Leading Crypto Exchanges Withdraw License Applications from Hong Kong SFC

Several of the biggest international exchanges have withdrawn their applications for licenses from Hong Kong’s Securities and Futures Commission (SFC), seemingly undermining Hong Kong’s hopes of becoming the most sought-after location for Web3 and cryptocurrency. Exchanges, including OKX, Huobi, and Binance, have reportedly chosen to withdraw their applications in the

June 2, 2024 2 mins read

FTX Liquidates Remaining Anthropic Shares Amid Bankruptcy Proceedings

The FTX Exchange’s investment in the artificial intelligence (AI) startup Anthropic has been dissolved as of June 1. The most recent bankruptcy filing by Anthropic indicates that the FTX Estate, headed by John Ray III, has sold off its remaining interest in the company. Around 15 billion Anthropic shares, valued

June 2, 2024 1 min read

Binance Founder Changpeng Zhao Begins Four-Month Prison Term

Crypto exchange Binance’s founder Changpeng Zhao (CZ) has reported to a federal prison in Lompoc, California, to start serving his term. The information was confirmed with his legal staff at Latham & Watkins, according to a CNBC report. After his sentencing, Zhao discussed his intentions after jail, indicating that he

June 2, 2024 2 mins read

Hong Kong Lists 11 Crypto Exchanges as Prospective for Licensing

The Securities & Futures Commission of Hong Kong released the list of crypto exchanges that applied for trading licenses in the country. In the list, the Securities Regulator specified eleven exchanges that are deemed to be approved for licenses in the coming days.  The list included leading exchanges Bullish, Crypto.com

June 1, 2024 2 mins read

Bybit Eyes Leadership Changes Amid NOT Token Launch Issues

Bybit, a prominent cryptocurrency exchange, has announced key leadership changes in the wake of the Notcoin (NOT) launch’s problems. The organization is now recruiting new technical and spot managers in an effort to stabilize operations after the resignation of many executives. A contentious listing of NOT caused an unfair allocation

May 31, 2024 2 mins read

Central Bank of Ireland Approves Ramp Network as Virtual Asset Service Provider

The Central Bank of Ireland has approved Ramp Network as a Virtual Asset Service Provider (VASP). Ramp Network is a financial technology business that is developing payment rails to link cryptocurrency to the global financial system. The Irish division of Ramp Network, being a registered VASP, will provide services that let

May 24, 2024 2 mins read

KuCoin Delists AUSD, Announces Acquirement Plan for Holders

Crypto exchange Kucoin delisted the dormant stablecoin of Acala Network — aUSD — and has initiated the launch of an “acquirement plan” to compensate token holders’ loss. Previously, in August 2022, the Acala incident — an erroneous minting of 3 billion aUSD tokens in its liquidity pool — occurred. Following

May 23, 2024 2 mins read

Gate.io Subsidiary Ceases Operations, Withdraws License Application in Hong Kong

Crypto exchange Gate.HK, a Hong Kong subsidiary of Gate.io, is ceasing operations and has withdrawn its application for a license to operate a crypto trading platform in the region. On Wednesday, the business announced plans to do a “major overhaul” of its present platform and asked consumers to remove their

May 23, 2024 2 mins read

Court Overturns Florida Regulator’s License Suspension of Binance U.S

An appeal was successful by crypto exchange Binance’s subsidiary Binance US, against the Emergency Suspension Order (ESO) issued by the state regulator of Florida, according to a decision handed down by the Florida First District Court of Appeal on Wednesday. Changpeng Zhao and Binance Holdings’ plea agreements for failing to

May 23, 2024 1 min read
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