Search Results for "crypto exchange"
Was the Secret Transfer of $4 Billion to Alameda, FTX's Undoing?
Reports have it that Sam Bankman-Fried funded Alameda Research with FTX customer deposits. Many believes this was the downfall of the firm
Coinbase Traffic Hits Historic Highs Following Super Bowl Ad, Jumping to Top 2 on App Store
Following a minute-long ad worth $14 million meant for the Super Bowl, US-based crypto exchange Coinbase raked in the dividends because traffic reached historic highs.
FCA Restricts Rebuildingsociety.com, Impeding Binance's UK Compliance Efforts
The UK's Financial Conduct Authority (FCA) has imposed restrictions on Rebuildingsociety.com Ltd, a peer-to-peer lending platform, impacting its recent partnership with crypto exchange Binance for complying with the FCA's marketing regime. The regulation mandates firms to ensure transparent and fair marketing, affecting Binance’s strategy to serve the UK market. The move showcases the FCA's stringent stance towards ensuring marketing compliance, especially within the crypto sector.
Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds
The hacker(s) who exploited Deribit Exchange have started laundering the stolen cash through Tornado Cash
Binance to Delist ARPA/BNB, COMP/TUSD, EDU/BNB and PENDLE/TUSD
Binance is set to remove a select number of trading pairs from its platform on March 15, 2024, citing low liquidity and volume as the primary reasons.
Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors
Singapore-based crypto trading platform Zipmex has filed a moratorium for seeking bankruptcy protection from the local court. Some of its core activities have been suspended.
Crypto Exchange Thodex Founder Sentenced to Over 11,000 Years Amid Fraud Allegations
Thodex 's Faruk Fatih Özer has been sentenced to over 11,000 years by the Anatolian 9th High Criminal Court on fraud charges. The Turkish platform's abrupt 2021 shutdown left users without access to $2B in assets, leading to major international scrutiny.
New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally
New York Attorney General Letitia James has successfully recovered over $1.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating without the necessary registration as a securities and commodities broker-dealer and falsely representing itself as a crypto exchange.
African Crypto Exchange Yellow Card Taps VASP License in Botswana
Pan-African exchange Yellow Card has tapped the VASP license to operate in Botswana
Crypto Exchange Bit.com to Enhance TON Ecosystem
Bit.com, a Singapore-based crypto exchange, has partnered with TON, which stands for “The Open Network,” to expand, enhance, and develop its ecosystem.
Crypto Exchange FTX Expands Visa Debit Card in 40 New Countries
The move signals efforts by crypto and traditional financial networks to make digital assets become more mainstream.
KuCoin to Pay $22 Million and Exit New York in Landmark Settlement
KuCoin settles with NYAG for $22M and bans NY users, marking a major regulatory move in crypto, with implications for securities law and exchange compliance.
