Tue, December 24

Crypto Exchange Woo X Introduces Revolutionary Copy Trading

Woo X, a prominent Taiwan-based cryptocurrency exchange, has unveiled a groundbreaking copy trading feature. This new offering promises to revolutionize social trading by allowing users to mirror top traders’ strategies with an innovative twist. The new copy trading feature at Woo X stands out due to its unique counter-trading capability.

September 9, 2024 2 mins read

Binance CEO Calls for Gambaryan’s Release Due to Inhuman Treatment

A new video circulating on social media platforms like X (formerly Twitter) shows disturbing footage of Tigran Gambaryan, Binance’s head of crime compliance, who is currently imprisoned in Nigeria. The video has sparked significant outrage and calls for his release, especially as his health reportedly worsens. This inhumane treatment of

September 3, 2024 1 min read

WazirX Exploiter Moves Funds As Platform Processes Fund Recovery

The WazirX exploit has been the talk of the community for the past two months. Having become the largest cryptocurrency hack in 2024, all eyes are set on the platform’s plans and actions for recovery. Meanwhile, the WazirX hack drew new attention in the market as exploiters made their first

September 3, 2024 2 mins read

When Will WazirX Users Be Able to Access Their Funds?

Zettai Pte Ltd, the parent company of crypto exchange WazirX, held a town hall meeting today to address the ongoing restructuring process following a major $230 million (₹2000 crore) crypto hack. The company has announced that “it will take up to six months to complete this restructuring, during which users

September 2, 2024 2 mins read

FTX Faces SEC Objections Over Cryptocurrency Repayments

After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors.  The SEC’s latest filing suggests a “possible

September 2, 2024 2 mins read

Crypto.com Expands Global Retail Services Starting with UAE

Crypto.com, a Singapore-based cryptocurrency exchange has launched global retail services, initially targeting users in the UAE. This move allows retail customers to buy, sell, and trade over 250 Cryptocurrencies via the crypto.com App. Additionally, the app offers new real-time deposits and withdrawals in USD, EUR, and AED. This expansion is

August 29, 2024 2 mins read

Celsius Distributes Over $2.5 Billion to Creditors Amid Bankruptcy

Celsius Network’s bankruptcy proceedings have concluded. Celsius’ bankruptcy administrator distributed over $2.53 billion to approximately 251,000 creditors. This distribution, representing roughly 93% of the total eligible value, was completed in both liquid cryptocurrency and cash, using valuation prices from January 16. However, despite the substantial progress, not all creditors have

August 27, 2024 2 mins read

Nigerian Court Advances Binance Money Laundering Case to September

A Nigerian court is bringing forward the hearing of a money laundering case involving Binance, the world’s largest cryptocurrency exchange, and two of its executives. The case, initially set for October 11, will now be heard on September 2, involving allegations of laundering over $35 million and tax evasion. This

August 27, 2024 2 mins read

Will DOGS Meme Coin Recover After a 39% Price Plunge?

DOGS, a new Telegram-native meme coin launched on August 26, 2024, dropped sharply in value despite gaining significant attention in the crypto community. Over the last 24 hours, the token saw its price tumble more than 39%, falling from a peak of $0.001856 to a low of $0.001129. This downturn

August 27, 2024 2 mins read

Binance CEO Declines IPO or Fund Raising Needs Amid Regulatory Focus

Binance, one of the leading crypto exchanges, is currently being scrutinized internationally by regulators. However, the institution is not alone in its struggle as other leading firms such as Coinbase and Ripple have also faced challenges on the regulations front. Meanwhile, the crypto exchange despite the struggles has reported several

August 22, 2024 2 mins read
Floating Icon