One more catastrophe occurred in the highly volatile cryptocurrency market. In a dramatic turn of events, crypto trading platform Abra and its CEO, William (Bill) Barhydt, are facing allegations of securities fraud as the Texas State Securities Board filed an emergency cease and desist order against the company. The regulator
Generating passive income with cryptocurrency can be an exciting opportunity. While there are no guaranteed methods. Here, cryptocurrency mining has emerged as a sector that attracts individuals seeking passive income. In the current economic climate, it can be challenging to find a reliable and profitable investment opportunity. However, “Fancy Crypto”
Polygon Labs, a blockchain infrastructure behemoth, is sounding the alarm over the Securities and Exchange Commission’s (SEC) proposed redefinition of ‘exchange.’ The tech titan expressed these concerns in a June 13, 2023, letter requesting the SEC to reevaluate its proposed amendments to Rule 3b-16 under the Securities Exchange Act of
Subject to the conditions, Binance has quite updated its Terms of Use lately, this Tuesday. However, the revised Terms of Use explain the listing and delisting authority towards Binance with no proper concerned notice in advance. Binance’s Current Services According to the Binance services, the user activities are monitored with
Changpeng Zhao (CZ), CEO of the world’s largest crypto exchange, Binance, conducted an AMA session on Twitter. He provided insights into some of Binance’s initiatives, such as the lightning network and the presence of the exchange in Dubai. On March 31, Binance CEO CZ conducted an AMA session on Twitter.
Following the withdrawal of top cryptocurrency exchanges like Binance from Canada, the exit announcement notice of Bybit, the prominent cryptocurrency exchange has come out. Sooner by the end of May, Bybit will exit from the Canadian market as per the information given on Monday. However, Bybit Exchange added that the
In a significant development in cryptocurrency, former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have agreed to settle insider trading charges. The Securities and Exchange Commission (SEC) accused the brothers of engaging in a scheme to trade ahead of multiple announcements related to at least nine crypto
In a revolutionary step, Russia is embracing cryptocurrency exchanges to facilitate cross-border transactions, signaling a dramatic shift in its stance towards digital currencies. As this move aligns with the global trend towards digitized finance, it could trigger a wave of innovation and intensify competition in the crypto industry. This move
Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia. Kazakhstan has emerged
The largest decentralized crypto exchange, Uniswap, prohibited the trading of various memecoins and derivative cryptocurrencies, despite the fact that users were unaware of it. It’s been more than three days since the exchange banned the new meme coin Ben (BEN), which buzzed “CryptoTwitter” with significant attention. However, users can still
