Thu, August 6

Crypto Exchange ZB.com Loses $3.6M Due to Recent Hack

It is claimed that 2224 ETH were lost as a consequence of the breach. The breakdown of key applications was blamed for the suspension of services. The crypto sector experienced major shocks this week as a result of security breaches involving Nomad and Solana. In a recent instance of a

August 4, 2022 1 min read

Robinhood to Layoff 23% of its Workforce Following Q2 Loss

Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech company is cutting 23 percent of its personnel. Three months ago, Robinhood laid off 9% of

August 3, 2022 1 min read

Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money laundering and cybersecurity standards were reportedly violated by Robinhood’s crypto trading business, which has been fined $30 million by the New York State Department of Financial Services. “Insufficient

August 2, 2022 1 min read

Amp (AMP) Token Delisted by Binance U.S Following SEC Claims

Binance’s U.S. affiliate declared that it will halt trading in the AMP token. Only Amp (AMP) is available on the Binance.US platform out of the nine claimed. After the Securities and Exchange Commission (SEC) classified Flexa’s AMP token as a security, Binance’s U.S. affiliate declared that it will halt trading

August 2, 2022 2 mins read

Binance CEO Refutes Claim of KYC Costing 90% of Users

Gambaryan pointed out that Binance isn’t always a haven for illegal behavior.  Binance reduced the daily Bitcoin withdrawal limit from 2 BTC to 0.06 BTC last year. Over the last several months, Binance has had a lot of ups and downs. Foreseeing growth as a goal, the biggest cryptocurrency trading

August 1, 2022 2 mins read

Huobi Global Enters Australia Following Approval by Regulators

The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted approval. Huobi will be looking forward to concentrating on OTC services the most. The Huobi global exchange has received complete authorization to operate in Australia and supply its services. The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted Huobi, one of

August 1, 2022 2 mins read

AAX Exchange Sponsors Blockchain Economy Istanbul Summit 2022

The Blockchain Economy Istanbul Summit 2022, the biggest blockchain event in Eurasia and a vital gathering point for the world’s leading crypto firms and entrepreneurs, is thrilled to have AAX as a Featured Sponsor. While thousands of visitors are expected to arrive in Turkey over the next several days, AAX

August 1, 2022 3 mins read

Zipmex Files For Bankruptcy After Halting Withdrawals Last Week

Applications for moratoriums were filed in Singapore on July 22 by the firm. On July 20, Zipmex temporarily halted all trading and withdrawals on its exchange. According to a corporate update released on Wednesday, Zipmex, a cryptocurrency exchange located in Thailand, has filed for bankruptcy protection against creditors’ legal action.

July 29, 2022 2 mins read

Bybit Launchpool Announces Launch of Monopoly Millionaire Game

Monopoly Millionaire Game’s platform token, MMC, will be listed on Bybit Launchpool, the world’s fastest-growing crypto exchange. The Monopoly Millionaire Game is a marine-themed game in which players may win tokens by participating in nine distinct games. MMC, the game’s governance token, may be used to vote and stake in

July 28, 2022 1 min read

Cathie Wood Led Ark Invest Sold 1.41M Shares of Coinbase

After starting at $61.74, Coinbase (COIN) ended the day at $52.93. ARK Invest paid an estimated average price of $328.28 a share. With Coinbase trading at a 52-week low at the price of $52.93, prominent crypto investor Cathie Wood sold 1.41 million shares of Coinbase stock. ARK Invest paid an

July 27, 2022 1 min read