Wed, February 5

Crypto Exchange Gemini Bolsters Indian Expansion With Key Recruits

After investing $24 million to extend operations to India, cryptocurrency exchange Gemini has named a head of operations for its Indian arm. According to his LinkedIn page, Sachin Ranglani, who had substantial expertise in the IT industry, joined the company in the roles of Vice President and India Head in

October 10, 2023 1 min read

Binance Introduces Copy Trading Feature for Futures Products

The futures offering on the Binance exchange now includes a copy trading capability. By allowing users to closely mimic the trades and portfolios of successful traders, this cutting-edge innovation creates a richer learning and social experience for the trading community as a whole. There are two available settings in Binance

October 10, 2023 2 mins read

UK Issues Warning to List of Crypto Exchanges; Eyes Enforcing Regulations

The Financial Conduct Authority (FCA), the United Kingdom’s highest financial regulator, issued a warning list to many prominent cryptocurrency exchanges on Sunday, October 8 for advertising their services without the necessary authorization. As of October 8th, the United Kingdom’s financial promotion legislation now includes crypto asset service providers worldwide. All

October 9, 2023 1 min read

Caroline Ellison to Testify Against SBF in Fraud Trial This Week

On Tuesday, October 10, Caroline Ellison, formerly of the hedge fund Alame­da Research and an intermittent business associate of Sam Bankman Fried (SBF), is scheduled to testify against him in his impending fraud trial. SBF is accused of engaging in high-risk trading practices and misappropriating client monies from FTX. After

October 8, 2023 1 min read

OKX Makes Key Amendments to Comply With UK FCA Regulations

In light of recent changes to the laws governing cryptocurrency exchanges in the U.K enacted by the Financial Conduct Authority (FCA), OKX UK, a subsidiary of the global crypto exchange OKX, said in a blog post that it would be making substantial changes to the tokens it supports. OKX UK

October 8, 2023 1 min read

Hacker Restores Entire $8.2 Million Worth Stolen ETH to HTX Global

Lookonchain, a provider of blockchain analytics and insights, claims that the hacker who broke into HTX Global (previously Huobi) has restored all of the stolen funds. HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds. Last week, an unknown hacker breached the crypto exchange’s security,

October 7, 2023 1 min read

Binance Introduces UK Domain Eyeing Compliance With New Laws

Crypto exchange Binance has introduced a new UK-specific domain. This action is a major step toward meeting the requirements of the revised Financial Promotions Regime in the United Kingdom. The FCA-authorized Rebuildingsociety.com Limited is now also a partner of the exchange. The two parties are working together to ensure that

October 7, 2023 1 min read

Kraken Eyes Europe Expansion With Acquisition of Dutch Exchange BCM

Kraken has announced plans to expand into Europe by acquiring Coin Meester B.V. (BCM), a crypto exchange situated in the Netherlands. Kraken and BCM have announced an upcoming acquisition, while financial terms of the agreement have not been made public. The exchange has secured VASP licenses in Ireland, Italy, and

October 6, 2023 1 min read

INOCYX Forms Historic Collaboration with Software Technology Parks of India

Indian government and institutions exhibit evolving sentiments toward the broadest use case of blockchain technology — cryptocurrencies — and its corresponding market dynamics. INOCYX, a revolutionary cryptocurrency exchange platform, has emerged as a beacon of innovation in the nation’s burgeoning crypto sector. The exchange has solidified its position as a

October 3, 2023 2 mins read

Trust in Centralized Exchanges Has Eroded, but Can They Win It Back?

The spectacular fall of FTX last year shook the crypto world to its core, destroying a good amount of the remaining trust that investors had in the top centralized exchange platforms. Trust in CEX platforms had already been eroded by similar collapses at Three Arrows Capital and Celsius, and the

October 3, 2023 6 mins read