Wed, February 5

Coinbase CEO Says AI Should Not Be Regulated

In a recent statement on the social media platform X (formally known as Twitter), Brian Armstrong, the CEO of the renowned cryptocurrency exchange Coinbase, voiced his strong opposition to the regulation of artificial intelligence (AI). Armstrong’s perspective on AI regulation has stirred significant discussion within the tech and cryptocurrency communities.

September 23, 2023 2 mins read

Coinbase Expands Into Spanish Market With Bank of Spain Registration

Coinbase has announced that it has been approved by the Bank of Spain as a crypto exchange and custodial wallet provider. As part of its “Go Broad, Go Deep” plan for international development, this will aid Coinbase increase its retail customers, institutional clients, and developer collaborators in Spain during Phase

September 23, 2023 1 min read

Breaking: Bybit Shuts Doors in UK as Crypto Rules Tighten

Dubai-based cryptocurrency exchange Bybit has announced its decision to suspend operations in the United Kingdom in response to recent regulatory developments. The move comes after the Financial Conduct Authority (FCA) introduced new marketing regulations for crypto businesses. Starting October 1, new customers will be unable to open accounts with Bybit.

September 22, 2023 1 min read

FTX Sues Ex-Alameda Employees Over $157M Recovery

In a dramatic turn of events, the beleaguered cryptocurrency exchange FTX has initiated a lawsuit against former employees of Alameda, an entity associated with FTX, seeking the recovery of approximately $157.3 million. This legal action comes as FTX grapples with the aftermath of its bankruptcy filing in November 2022. It

September 22, 2023 2 mins read

Binance and CZ Seek SEC Lawsuit Dismissing, Call it Regulatory Overreach

Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao, known as CZ, have jointly filed a motion to dismiss the United States Securities and Exchange Commission (SEC) lawsuit against them. The filing, made on September 21 in the United States District Court, argues that the SEC exceeded its

September 22, 2023 2 mins read

Mt. Gox Extends Repayment Deadline Again. Pushed to 2024

In another chapter in the Mt. Gox saga, Nobuaki Kobayashi, the trustee overseeing the defunct Bitcoin exchange’s estate, has officially announced an extension of the deadline for repaying its creditors. This decision comes as the exchange’s users have endured a seemingly never-ending, decade-long pursuit of closure via fund reimbursement following

September 21, 2023 1 min read

Alchemy Pay Gains Ground in US with Arkansas License Approval

Cryptocurrency payment gateway Alchemy Pay has taken a significant step toward global expansion by securing a Money Transmitter License in the state of Arkansas, United States. The license, issued by the Arkansas Securities Department, grants Alchemy Pay the authority to offer various financial services, including selling or issuing payment instruments,

September 21, 2023 1 min read

CoinEx to Reopen Deposits and Withdrawals Following $70M Hack

After more than a week, CoinEx, the cryptocurrency exchange that was the victim of a $70 million attack owing to compromised hot wallet private keys, will once again allow customers to deposit and withdraw. After the attack, the exchange made it clear that a new wallet system for the 211

September 21, 2023 1 min read

Stanford University to Return $5.5M Donations Made by FTX

According to a Bloomberg report, the Stanford University in California has said that it intends to refund all funds it received from the bankrupt crypto exchange FTX. Between November 2021 and May 2022, FTX-affiliated firms gave Stanford a total of $5.5 million. A university representative stated: “We have been in

September 20, 2023 1 min read

Bybit Adds PayPal’s PYUSD Stablecoin for Spot Trading

The third-most visited cryptocurrency exchange in the world, Bybit, is thrilled to announce the listing of PYUSD, PayPal’s innovative USD stablecoin. This listing represents a crucial turning point in the growth of the cryptocurrency market as a large corporation like PayPal makes its foray into the blockchain sector with its stablecoin offering.

September 20, 2023 1 min read