Evan Luthra, a prominent figure in the cryptocurrency industry, alleges he lost over $200,000 on the Chinese cryptocurrency exchange Bitget and now accuses the exchange of defrauding its customers. Bitget reportedly sold coins worth millions the following day after Luthra’s Twitter thread claimed that Bitget had frozen his assets and
One of the most comprehensive cryptocurrency trading platforms in the world may soon be a joint venture of three Canadian cryptocurrency exchanges: WonderFi, Coinsquare, and CoinSmart. The newest crypto news pertaining to the merger is that the three companies will serve 1.65 million consumers and have over $600 million in
On Twitter, people are sharing what seems to be a doctored picture. A picture of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice webpage suggests the cryptocurrency company is in deep legal danger. CZ claims the photo was doctored with Photoshop. This is a photoshopped image. 4 https://t.co/vE5XlvvuQt —
Binance, a popular cryptocurrency exchange, has been the target of regulatory scrutiny and a lawsuit from the US Commodities and Futures Trading Commission (CFTC) in the last month on allegations that it violated the CFTC’s derivatives rules. As a result, Binance saw a significant reduction in its market share of
Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of
Binance, a leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), have lately faced a number of difficulties. Only a few days after the Commodity Futures Trading Commission (CFTC) filed an action against Binance, the cryptocurrency exchange is embroiled in another high-profile legal dispute. On the evening of March 31st,
The artificial intelligence (AI) chatbot ChatGPT-4 has been in the news with its most recent upgrade. And this is not only in the cryptocurrency sector. While there is a range of viewpoints on AI, businesses are still using it to better serve their customers. OKX, a cryptocurrency exchange, and Web3
Bittrex, a cryptocurrency exchange based in the United States, announced it will be closing its doors. The exchange stated in a statement on Friday that customers’ monies were secure and that they may withdraw them until April 30. It also stated that trading will continue until the 14th of April.
The CEO of the biggest cryptocurrency exchange in the United States, Coinbase, has spoken out against calls to temporarily halt ChatGPT’s enhancements. Despite support from several high-profile figures in the IT sector. Brian Armstrong recently tweeted: “Count me among the people who think this is a bad idea. There are
After a recent petition filed in the FTX bankruptcy proceedings. Leading cryptocurrency exchange OKX detailed intentions to restore frozen digital assets related to Sam Bankman-Fried’s crypto firms, FTX and Alameda Research. The Seychelles-based exchange said that it has launched an inquiry into FTX to ascertain whether or not the company
