Interpol has begun the formalities necessary to extradite Zer back to Turkey. Local prosecutors are apparently seeking hundreds of years in prison. According to a statement released by the Turkish Ministry of Interior, the CEO of crypto exchange Thodex was apprehended in Albania. An international warrant was issued for Faruk
On August 12, speculation about a prospective takeover first surfaced. BlockFi received a credit line from FTX in the month of July. According to FTX, there are no plans to buy Huobi. CEO of FTX Sam Bankman-Fried shot off the reports on August 29 through a tweet. Bankman-Fried was vague
The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian cryptocurrency exchange Zipmex has sought a meeting with the Securities Exchange Commission (SEC) of Thailand and other relevant authorities to examine the company’s
In all, the KERP benefits amount to 22.5% of the salary of those who qualify for them. The request for the KERP payments was accepted by Judge Michael Wiles. The ailing cryptocurrency brokerage Voyager Digital has been allowed permission by a New York bankruptcy court to offer retention incentives to
Withdrawals and deposits of ERC-20 tokens will be halted during the merge. Binance clarified it would not be impacting spot trading for ETH and ERC-20 tokens. Binance, a prominent cryptocurrency exchange, has publicly declared its support for the upcoming Ethereum Merge. Binance, in a recent highlight of events, has updated
The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan
Uniswap is in discussions with 7 NFT lending firms, to establish NFT financialization. The platform has recently acquired the NFT marketplace aggregator, Genie. The major cryptocurrency exchange platform, Uniswap is currently showing an interest in the NFT financialization. As per the recent tweet from Uniswap’s head of NFT product, Scott
The OSC imposed trading restrictions in 2021 on centralized crypto exchanges. Binance declared in March of this year that it will no longer accept Ontarian residents. A total of 13 firms, including KuCoin producers MEK Global Limited (Seychelles) and PhoenixFin Pte. Ltd. (Singapore), were recently called out by the Ontario
As a matter of fact, the entire crypto market was down over recent months with a huge price fall in all cryptocurrencies. Surprisingly, the report from Arcane research reveals traders from over 20 countries are interestingly trading these assets, raising the traffic of the crypto exchange. And it also proves
The SC clarified in a subsequent tweet that its authorization is necessary. Huobi has been expanding into other markets, including Australia and the United States. On Monday, the Malaysian Securities Commission (SC) published a statement on Huobi’s activities in the country. The SC has placed the cryptocurrency exchange on its
