Mon, February 10

Crises at Binance as Top Executives Continue to Leave

In the midst of mounting regulatory challenges, Binance, the world’s largest cryptocurrency exchange, is grappling with a wave of high-level executive resignations. Over the past two months, the exchange has seen a series of key departures, throwing its management and strategic stability into question. The latest exits come from Binance.US,

September 15, 2023 1 min read

FTX Secures Court Approval for $3.4B Asset Liquidation Plan

Bankrupt cryptocurrency exchange FTX has received approval from a U.S. court to liquidate its cryptocurrency holdings. This move aims to facilitate the repayment of customers in U.S. dollars and reduce exposure to price volatility in the crypto markets.  The U.S. Bankruptcy Judge John Dorsey’s decision allows FTX to sell up

September 14, 2023 1 min read

Crypto Exchange Huobi Rebrands as ‘HTX’ on 10th Anniversary

In a contentious marketing effort for its 10th anniversary, crypto exchange Huobi is changing its name from “Huobi” to “HTX.” The name change was announced by Huobi on September 13. The “H” stands for Huobi, the “T” for Justin Sun’s Tron blockchain project, and the “X” stands for the exchange

September 13, 2023 1 min read

Big-Binance Airdrops $3M BNB for Morocco Earthquake Victims

In the wake of the devastating earthquake that struck Morocco, leaving countless individuals in urgent need of assistance, Binance, the world’s largest cryptocurrency exchange, is stepping up with a generous relief effort. In response to the devastation caused by the recent earthquake in Morocco, #Binance Charity will airdrop up to

September 12, 2023 1 min read

SBF’s Legal Team Requests Prison Release Over Internet Access Issues

Lawyers for FTX ex-CEO Sam Bankman Fried (SBF) have asked for him to be released from federal prison before his trial because of a lack of reliable internet access there. The defense team for SBF claimed that a slow internet connection prevented them from properly preparing their case. The legal

September 12, 2023 2 mins read

Coinbase Leaves India. Why?

In recent developments, Coinbase, a prominent cryptocurrency exchange, has been at the center of speculation regarding the suspension of its services for Indian customers. However, the company has provided a much-needed clarification on the matter. The controversy began when American online newspaper TechCrunch published a report hours ago, suggesting that

September 11, 2023 2 mins read

Coinbase Targets Global Expansion Searching for Regulatory Clarity

Given the relative clarity of national crypto legislation, Coinbase has identified many nations outside the United States as potential future hubs for its business. On September 6th, Coinbase’s international VPs Nana Murugesan and Tom Duff Gordon wrote a blog post identifying the European Union (EU), United Kingdom (UK), Canada, Brazil,

September 8, 2023 1 min read

Binance Charity’s Survey Reveals Rising Crypto-Based Donations

Key results from a poll done in honor of the International Day of Charity were today released by Binance Charity, the charitable arm of the top global blockchain ecosystem Binance. In order to provide useful insights that will direct Binance Charity’s future initiatives and more closely correlate with public sentiment

September 5, 2023 3 mins read

Binance FUD Escalates as Product Global Head Steps Down

Binance, one of the world’s largest cryptocurrency exchanges, has seen its fair share of controversies and ‘FUD’ (fear, uncertainty, and doubt) this year. Adding to the turmoil, Mayur Kamat, Global Head of Product, has recently resigned. Binance confirmed Kamat’s departure through the email sent to the crypto media, mentioning gratitude

September 5, 2023 2 mins read

Token Transfers by Insolvent FTX Raises Questions Amid Uncertainty

FTX, a defunct crypto exchange, is said to be transferring its tokens, creating further uncertainty among the crypto community. These token transfers have sparked a number of hypotheses as to the true intentions of the trading platform, which is currently in the process of paying its creditors.  The remaining tokens

September 2, 2023 1 min read