Sun, October 4

Binance Reopens in India After Fulfilling $2.25M Penalty and Registration

All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine

August 13, 2024 2 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

WazirX Nears Completion of Trade Balance Restoration Post-Hack

The massive cyberattack on WazirX that took place on July 18 has cast a long shadow over the Indian crypto community. The breach, which resulted in a $230 million loss, has shaken the confidence of Indian crypto users, prompting renewed scrutiny of exchange security and the safety of users’ funds.

August 13, 2024 2 mins read

Coinbase Seeks Court Action Over SEC’s Withheld Documents

Coinbase has escalated its legal confrontation with the U.S. Securities and Exchange Commission (SEC) by filing a motion for court relief, citing what it perceives as the SEC’s unfair and inconsistent regulatory tactics. The crypto exchange’s Chief Legal Officer, Paul Grewal, pointed out that the SEC’s refusal to produce essential

August 13, 2024 2 mins read

Robinhood Appoints AI Expert Jeff Pinner as New CTO

Investors are taking notice of Robinhood after the company named AI expert Jeff Pinner as its new CTO. The news comes as the HOOD stock has been through some rough trading as of late, falling almost 20% in the last month. The statement caused the stock price to rise more

August 13, 2024 2 mins read

Bybit and DMCC Extend Collaboration to Strengthen Dubai’s Crypto Ecosystem

The second-biggest cryptocurrency exchange in the world by trading volume, Bybit, announced that it and Dubai Multi Commodities Centre (DMCC) have extended their strategic collaboration. Following a year of fruitful cooperation, Bybit is excited to announce that it has transitioned from a major ecosystem partner to an advisory role, therefore

August 12, 2024 2 mins read

Binance Added to List of Venezuela Censorship Amid Political Unrest

One of the largest cryptocurrency exchanges, Binance was banned in Venezuela due to the presidential disputes. In the past few weeks, the nation has banned several prominent platforms including Elon Musk founded X. The Binance ban occurred on Friday, following which the anti-censorship organization, “VE sin Filtro” reported it on

August 12, 2024 2 mins read

Binance Sets Record as First Crypto Brand to Hit 1 Million YouTube Subscribers

Binance, the global blockchain ecosystem behind the world’s biggest cryptocurrency exchange, revealed today that it now has a remarkable 1 million subscribers on its official YouTube channel, making it the first crypto brand to achieve this milestone. The rapid growth of Binance’s YouTube channel is attributed to the success of its

August 9, 2024 2 mins read

WazirX Confirms Restoring User Portfolios to Hack Day State

Panic and fury continue to peak among the Indian crypto community as the crypto exchange WazirX struggles to devise a clear, less controversial recovery plan after the $230 million hack. Following the backlash received from users’ feedback, WazirX plans to reverse trades and restore balances of all user portfolios on

August 8, 2024 2 mins read

Ark Invest Buys Coinbase and Robinhood Stocks Amid Market Rebound

Following stretches of selling, Cathie Wood of Ark Invest has increased her stock purchases of Coinbase (COIN) and Robinhood (HOOD). As investors pay more attention to market fluctuations, the asset manager keeps changing its holdings. Following the prior slump caused by macroeconomic issues, the cryptocurrency market has regained momentum. In

August 7, 2024 1 min read