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Binance Australia Derivatives starts closing certain positions and accounts
cryptocurrency exchange

Binance Australia Derivatives starts closing certain positions and accounts

Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification.

Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
cryptocurrency exchange

Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin

Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.

FTX Japan users withdraw funds amid litigation
cryptocurrency exchange

FTX Japan users withdraw funds amid litigation

Due to the large number of FTX-SBF victims, payment is projected to take time.

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
cryptocurrency exchange

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE

CoinCorner has inked a strategic partnership with the Seed Group to offer residents of the United Arab Emirates an avenue to transact in digital currencies.

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII
cryptocurrency exchange

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII

In 2022, major crypto businesses released Super Bowl LVI ads, but at least four 2023 agreements failed to reach the endzone.

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms
cryptocurrency exchange

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit has now registered with FIU as other exchanges move to follow this lead before the September 24 regulation deadline.

Bitzlato Partially Restores User Access
cryptocurrency exchange

Bitzlato Partially Restores User Access

Bitzlato, a Russia-linked cryptocurrency exchange, has enabled its users to withdraw up to 50% of their assets stuck on the platform due to enforcement from the United States and Europol, with the help of a Telegram bot.

Japan's FSA Warns Binance and Others for Operating Without Registration
cryptocurrency exchange

Japan's FSA Warns Binance and Others for Operating Without Registration

Japan's Financial Services Agency (FSA) has warned several foreign cryptocurrency exchanges, including Binance, of conducting business in the country without proper registration, violating the nation's fund settlement laws. The FSA has been cracking down on unregistered crypto exchanges since 2020, and this warning signifies that the cryptocurrency industry in Japan and other nations is facing greater regulatory scrutiny.

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
cryptocurrency exchange

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter

Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.

Gate.io Closer To US Debut Following Local Licensing
cryptocurrency exchange

Gate.io Closer To US Debut Following Local Licensing

Gate US, the U.S. branch of Gate.io, the fourth biggest cryptocurrency exchange by trading volume, claims it has operating licenses in multiple jurisdictions. Gate US would not specify what states it has gotten permits from but stated it is not accepting consumers from the nation at this time. It joins other top US exchanges by volume including Binance US and Gemini.

Binance Announces System Upgrade for Improved Performance and Stability
cryptocurrency exchange

Binance Announces System Upgrade for Improved Performance and Stability

Binance, one of the leading cryptocurrency exchanges, has announced a scheduled system upgrade to enhance overall performance and stability. During the upgrade, users may experience temporary disruptions in services such as new user registrations, logins, and trading. However, the exchange assures users that their funds will remain secure throughout the process.

Bybit CEO clarifies company's exposure to Genesis
cryptocurrency exchange

Bybit CEO clarifies company's exposure to Genesis

Bybit CEO confirms $150 million Genesis Global Trading exposure. The crypto community has moved on from FTX's bankruptcy to other loan businesses, some of which are suing parent company Digital Currency Group.

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