Thu, April 2

Crypto Exchange bitFlyer Reportedly Plans to Acquire FTX Japan

A key event is about to unfold as bitFlyer, a prominent Japanese crypto exchange, is slated to buy FTX Japan. Until today, details about the intention to acquire the local unit of the renowned but now insolvent FTX exchange remained undisclosed. Nonetheless, the arrangements for this transaction are nearing completion.

June 20, 2024 2 mins read

Crypto Exchange Binance Fined $2.2M by India’s FIU for Non-Compliance

Crypto exchange Binance has been fined $2.2 million by the Financial Intelligence Unit (FIU) of India. Binance is reportedly accused of failing to comply with local anti-money laundering (AML) standards, which is the reason for the penalty. For Binance, already beset by convoluted international financial rules, this new development poses

June 20, 2024 2 mins read

Nigerian Court Dismisses Binance Executive’s Rights Violation Lawsuit

According to local news sources, Binance regional manager Nadeem Anjarwalla’s lawsuit was dismissed by the Nigerian High Court. Anjarwalla claimed that the seizure of his passport and detention by Nigerian government officials constituted a violation of his basic rights. Due to a “want of diligent prosecution,” Judge Inyang Ekwo dismissed

June 20, 2024 2 mins read

Trouble Continues for Binance U.S as North Dakota Revokes License

The North Dakota state financial watchdog has joined seven others in revoking Binance US’s money transmitter license. On June 17, Commissioner Lise Kruse of North Dakota’s Department of Financial Institutions (DFI) said that BAM Trading Services, doing business as Binance US, had violated the money transmitter rules of the state.

June 19, 2024 2 mins read

What Prompted Binance to List ZKsync (ZK) Trading Pairs?

In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,

June 17, 2024 2 mins read

FTX Creditors Seek Seizure of SBF’s Assets in Class Action Lawsuit

Adam Moskowitz and David Boies, who are representing FTX creditors in a class action lawsuit, have made great strides in their quest for justice on behalf of those impacted by the crypto exchange’s demise. They are requesting the seizure of assets associated with the troubled FTX founder, Sam Bankman-Fried (SBF).

June 16, 2024 2 mins read

Binance Founder Changpeng Zhao Reportedly Owns 64% of BNB Tokens

Around 94 million Binance Coin (BNB) tokens, or 64% of the total supply, are reportedly owned by Changpeng Zhao (CZ), the former CEO of Binance, according to a Forbes article. A forensic investigation by Gray Wolf Analytics and the news platform showed that the Binance founding team received 80 million

June 15, 2024 2 mins read

Invest Now: ONI DEX Presale Offers Unbelievable Returns, With 233x ROI Potential

Are you ready to seize the opportunity of a lifetime? ONI DEX, the groundbreaking multi-chain decentralized exchange, is launching its highly anticipated token and Spheres presale, and savvy investors are rushing to get in on the action. With its cutting-edge features, unparalleled multi-chain support, and massive growth potential, ONI DEX

June 13, 2024 4 mins read

Bithumb Launches ICP Won Pair Amid Regulatory Challenges

Bithumb, the second-largest cryptocurrency exchange in South Korea, has announced the launch of the Internet Computer Protocol (ICP) Korean Won (KRW) trading market to commence on June 12, 2024, at 20:00. The launch of the ICP-KRW trading pair is expected to provide more possibilities and facilitate liquidity in the market.

June 12, 2024 2 mins read

Cathie Wood Led Ark Invest Sells $7.5M Worth Robinhood Stock

June 10, 2024, saw major trading activity at Ark Invest, headed by Cathie Wood, including a large sell-off of Robinhood Markets Inc. (HOOD). Regardless of the cryptocurrency exchange’s purchase of Bitstamp, the company has persisted in selling off Robinhood shares. In addition, after Ark Invest’s sale of more than $7.5

June 11, 2024 1 min read
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