Tue, February 4

Japan-based Monex Group to Acquire Controlling Stake in 3iQ

The Japanese asset manager, crypto exchange, and brokerage company Monex Group has declared its intention to acquire 3iQ Digital Holdings’ controlling share. In a statement made on December 28th, Monex said that 3iQ’s background in listing early Bitcoin and Ethereum exchange-traded funds in North America was a factor in the

December 29, 2023 2 mins read

Binance Witnesses 30% User Growth in 2023 Amidst Settlement

The announcement by Binance CEO Richard Teng on Thursday—that the exchange’s user base increased by 30% in 2023—sends a strong signal as the biggest cryptocurrency trading platform in the world attempts to move on from the November settlement with U.S authorities and the resignation of founder Changpeng Zhao (CZ). As

December 29, 2023 1 min read

Crypto Exchange Catalyx Faces Security Breach, Freezes Operations

A security compromise was reported on Thursday by Catalyx, a crypto trading platform based in Canada. In this case, the cryptocurrency assets held by the exchange are at risk of being lost. The cryptocurrency exchange’s operator, CatalX CTS Ltd., issued a statement stating that an employee is believed to be

December 29, 2023 1 min read

Indian Authorities Issue Notice to Global Crypto Exchanges Over Violations

For failing to comply with registration regulations, Indian authorities have issued a warning to nine cryptocurrency exchanges: Binance, Kucoin, Huobi, Kraken, Gate, Bittrex, Bitstamp, MEXC, and Bitfinex. A statement from the Financial Intelligence Unit India (FIU IND) states that nine overseas VDA SPs were sent compliance Show Cause Notices. To

December 29, 2023 2 mins read

Binance Founder CZ Seeks Travel Permission While Awaiting Sentence

Binance founder Changpeng Zhao (CZ) has asked a federal court in the U.S to issue a travel authorization order, which is the most recent move in the ongoing case against him by the United States DOJ. Previously, the court had directed that the former CEO of Binance reside in the

December 28, 2023 2 mins read

Is MEXC Crypto Exchange Safe? Truth Behind the FUD

MEXC, a prominent crypto exchange, finds itself embroiled in controversy over purportedly freezing accounts and seizing funds. Reports circulating on social media platforms, notably X, highlight grievances from multiple users since mid-December. The situation escalated when a pseudonymous trader disclosed a staggering loss of $92,000 in Tether tokens. They reportedly

December 27, 2023 2 mins read

Defunct Mt. Gox Creditors Report Receiving Repayments

Creditors of the now-defunct cryptocurrency exchange Mt. Gox have reportedly begun receiving reimbursements after the business’s 10-year closure. Since February 2014, these creditors’ monies have been stuck on the exchange. There have been rumblings on social media, namely on the r/mtgoxinsolvency subreddit, that Mt. Gox is allegedly using PayPal to

December 26, 2023 1 min read

OKX CEO Jay Hao Outlines Criteria for Listing BRC-20 Tokens

According to OKX CEO Jay Hao, several people have been asking him to list new BRC-20 tokens. As a result, he has brought attention to certain requirements that must be satisfied prior to the listing being made. The CEO of OKX has said that he is grateful to his friends

December 25, 2023 2 mins read

MEXC Crypto Exchange Faces Backlash Over Freezing Accounts

According to many claims on Twitter, crypto exchange MEXC has purportedly restricted the accounts of numerous traders and seized their funds. The exchange asserts that “abnormal trading activities” were the driving force behind the measures. Ever since Dec. 16, users of MEXC have been griping about account limitations. Following gains

December 24, 2023 2 mins read

Asset Management Firm Ikigai Liquidates $65M Claim in FTX

The asset management business Ikigai said that it had liquidated its claim in the bankruptcy proceedings of FTX, after disclosing that a significant portion of its hedge fund’s assets had been held by the exchange at the time of its downfall. Travis Kling, chief investment officer of Ikigai, said on

December 23, 2023 2 mins read
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