Coinbase, a leading crypto exchange platform, succeeded in its effort to submit customer complaints to private arbitration. The U.S. Supreme Court backs the crypto exchange’s request to postpone customer lawsuits. Coinbase has achieved a significant legal victory in its ongoing battle to resolve customer lawsuits through private arbitration. The U.S.
Gemini, a crypto exchange controlled by the Winklevoss twins, Cameron and Tyler, has introduced Ethereum staking in the United Kingdom. The launch of Gemini Staking Pro in the UK was formally announced by Gemini on June 23. By securing a minimum of 32 Ether (ETH), valued at about $60,000 at
On Thursday, in an effort to recover $700 million in investments allegedly made with diverted FTX money, the bankrupt cryptocurrency exchange FTX sued K5 Global and associates. According to a bankruptcy court lawsuit filed by FTX in Wilmington, Delaware, Sam Bankman-Fried (SBF), the company’s founder, was a “profligate patron” who
Binance US, the American branch of the world’s biggest crypto exchange, stated on Friday that it has worked with banking partners to fix the exchange’s USD withdrawal problems. It advises changing USD fiat funds to stablecoins cautioning that financial partners may cease the service soon. On June 23rd, Binance.US made
According to a court filing made public on Thursday, Binance has hired a former prominent prosecutor from the Department of Justice to represent it in the lawsuit brought against it by the Securities and Exchange Commission (SEC). Yesterday, Binance launched a complaint against the SEC for making false claims. Moreover,
On June 21, the platform Open Exchange (OPNX), which allows users to trade claims against insolvent crypto companies, made an announcement about a new ecosystem partner that would be known as “3AC Ventures.” Developers claim that the new venture will invest in projects linked to the OPNX ecosystem. Su Zhu
Huobi founder Li Lin claims that the cryptocurrency exchange is in violation of the terms of the purchase agreement by making use of the Huobi brand. X-Spot Co. Limited, owned by Li Lin, reportedly sued Huobi Global for trademark infringement at the High Court of the Hong Kong Special Administrative
In light of mounting regulatory concerns in the West, the global cryptocurrency exchange Binance has announced the opening of a regulated digital asset platform in Kazakhstan. On June 20, 2023, Binance Kazakhstan and members from the financial sector in Kazakhstan held a press conference to announce the launch of the
On Tuesday, it was announced that the Third Circuit Court of Appeals will continue to hear the case brought by Coinbase and others to clarify Securities and Exchange Commission (SEC) restrictions on digital currencies. The petition for a Writ of Mandamus was noted in the ruling, and the commission was
The non-custodial cryptocurrency exchange EDX Markets will be launching today with support from major broker-dealers, global market makers, and venture capital companies. Investors respond to EDX Markets as numerous established banks and brokerages join the cryptocurrency space. The registration of BlackRock iShares spot Bitcoin ETF with the US SEC last
