The clients associated with BlackRock amassed 3,199 Bitcoins on the first day of the newfound institutional buying in the crypto markets on January 3. The total purchases estimated at $280 million were processed via the settlement infrastructure linked to the custodian services of the famous US crypto exchange, Coinbase Prime.
The Finance Ministry and Central Bank of Russia are expectedly to work on introducing a crypto exchange for elite investors under an experimental legal regime. The Russian Media Group RBC reported on April 23 that during a ministry meeting, the Finance Minister of Russia, Anton Siluanov, mentioned that the exchange
Crypto exchange giant Kraken, also known as Payward Inc, is preparing for going public in 2026. According to the latest Bloomberg report, the exchange is planning for an initial public offering (IPO) in the first quarter of 2026. The company representative maintains that plans may undergo adjustments before the scheduled
Binance CEO, Richard Teng has said that the company is working so hard to bring Tigran Gambaryan back to his home. Binance’s head of financial crime compliance, Tigran Gambaryan, is currently imprisoned in Nigeria after being arrested on February 26, 2024. He faces serious charges of tax evasion and money
After a 10-month suspension, CEX.IO, a prominent centralized crypto exchange, has officially resumed its operations in the UK as of Thursday morning. This development follows the exchange’s alignment with the Financial Conduct Authority (FCA) regulations and its collaboration with Nexo. The temporary halt in October 2023 was in response to
U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, has granted approval for FTX to sell its stake in Anthropic, the artificial intelligence company, marking a significant move for the cryptocurrency exchange’s post-collapse recovery. FTX’s initial $500 million investment in the AI-developing start-up Anthropic in 2021 secured them a 13.56% equity
India is gearing up to launch a global database of cryptocurrency exchanges in an effort to combat crimes and money laundering activities associated with digital assets. This database will not only encompass information about legitimate cryptocurrency exchanges but also include details on exchanges operating in the dark web. According to
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.
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,
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
