Sat, April 12

Bybit Registers With Indian FIU After Settling Monetary Fine

Bybit crypto exchange has finally registered with Indian financial regulator FIU after facing compliance issues. Referring to the same, CEO Ben Zhou posted on X saying this is good news for Indian users.  Despite being the top-second crypto exchange in the world by trading volume, Bybit had to face a

February 5, 2025 2 mins read

Crypto.com and Kalshi Super Bowl Bets Under Scrutiny by CFTC

Crypto.com and Kalshi Super Bowl bets under the legal Spotlight. The Commodity Futures Trading Commission (CFTC) is investigating them for sports-related prediction market contracts. On this, crypto exchange Crypto.com stated that they will continue providing wages on the Super Bowl. They will also work with the CFTC to address any

February 4, 2025 2 mins read

KuCoin Settles With US DOJ on Compliance and Regulatory Grounds

Cryptocurrency exchange KuCoin has confirmed its settlement with the US Department of Justice. Meanwhile, the overall cryptocurrency community is currently combating the aftermath of the recent market dip. The Ethereum Foundation took to today’s spotlight, by selling huge numbers of ETH tokens during its dip.  Notably, KuCoin’s settlement, confirmed a

January 28, 2025 2 mins read

Deribit Crypto Exchange Trading Volume Crossed $1 Trillion in 2024

With Trump’s re-election and Bitcoin recording new all-time highs, the crypto market is witnessing record trading volumes and price surges. While the overall crypto market capitalization is hovering around $3.62 trillion, several crypto exchanges are playing their part in handling huge trading volumes.  Deribit is one of the crypto derivatives

January 22, 2025 2 mins read

FTX Begins Creditors’ Repayments After Two Years of Bankruptcy

After two long years, FTX, the cryptocurrency exchange that collapsed in November 2022, has finally started repaying its customers. As of January 3, 2025, the court-approved Chapter 11 Plan of Reorganization is now in action, marking an important step in the company’s efforts to settle creditor claims. The FTX Debtors

January 4, 2025 2 mins read

Can Users Expect WazirX to Resume Withdrawals by April 2025?

After months of speculation and controversy, WazirX, one of India’s leading cryptocurrency exchanges, has finally broken its silence on the massive hack that led to a loss of over $230 million (₹2,000 crores) in crypto assets. In its fifth town hall meeting on December 19, 2024, the exchange outlined a

December 20, 2024 2 mins read

How Will WazirX’s Asset Rebalancing Help Its Recovery Strategy?

After months of silence following a massive $230 million hack in July 2024, WazirX, one of India’s leading cryptocurrency exchanges, has caught the attention of the crypto community with unusual wallet activity. According to the on-chain data, funds have been moving between wallets, and buying activity involving tokens like ETH,

December 16, 2024 3 mins read

Crypto Exchange Gate.io Denies Security Breach Rumors

Gate.io, one of the leading cryptocurrency exchanges, has swiftly “denied circulating rumors of a security breach,” assuring users that all systems are operating normally. The rumors, which surfaced during early Asian trading hours, suggested a possible hack and triggered concerns about massive withdrawals. However, Gate.io promptly refuted these claims, emphasizing

December 13, 2024 2 mins read

Exchanges Need to Adopt a Multi-Faceted Approach to Security: FutureX Pro CEO

The cryptocurrency sector emerges as a strong contender solidifying its role in bringing decentralization and democracy to the Fintech world. This elucidates the demand for DeFi traversing boundaries into the realms of centralized institutions such as crypto exchange platforms.  FutureX Pro, a decentralized crypto exchange platform is one such venture.

November 22, 2024 7 mins read

Was FTX Repayment Plan Announcement A Contribution to the Bull Run?

This day might rise as a remarkable milestone in crypto history, for two coinciding events taking place. Bitcoin has come closest to hitting the $1 million target with a new all-time-high standing at $99,000. This has led to a full-fledged bull run in the crypto market. The overall market cap

November 22, 2024 2 mins read