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FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange
cryptocurrency exchange

FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange

FTX aims to fully reimburse its customers and creditors as part of its restructuring plan. This approach, focusing on repayment without relaunching the exchange, is based on valuations of assets as of November 2022, drawing mixed reactions from the crypto community.

Bitvavo Rejects DCG's 70% Debt Repayment Offer
cryptocurrency exchange

Bitvavo Rejects DCG's 70% Debt Repayment Offer

DCG's partial debt repayment plan was rejected by Bitvavo. The Dutch crypto exchange said it has adequate resources to keep servicing consumers. On Jan. 10, Cameron Winklevoss publicly accused DCG CEO Barry Silbert of fraud.

FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case
cryptocurrency exchange

FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case

CEO John Ray testified for FTX bankruptcy judge John Dorsey on a request to appoint an independent examiner.

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
cryptocurrency exchange

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.

OKX Announces Listing of Foxy (FOXY) for Spot Trading
cryptocurrency exchange

OKX Announces Listing of Foxy (FOXY) for Spot Trading

OKX has listed Foxy (FOXY) on its spot trading market, offering traders and investors opportunities to build a vibrant community based on memes.

Hong Kong to Release Cryptocurrency Exchange Licensing Guidelines
cryptocurrency exchange

Hong Kong to Release Cryptocurrency Exchange Licensing Guidelines

The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in the consultation process. Some trading platforms have already received licenses, while others have chosen to cease operations.

IDAX Freezes Cold Wallet Transactions Following CEO Disappearance
cryptocurrency exchange

IDAX Freezes Cold Wallet Transactions Following CEO Disappearance

Something fishy might be happening as the IDAX cryptocurrency exchange’s CEO goes missing and its users are advised to halt using the exchange’s services.

FTX and Affected Parties Request Subpoenas for Information from close relatives
cryptocurrency exchange

FTX and Affected Parties Request Subpoenas for Information from close relatives

FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings.

Demystifying the World of Cryptocurrency Exchanges and Investments
cryptocurrency exchange

Demystifying the World of Cryptocurrency Exchanges and Investments

Cryptocurrency exchanges revolutionize digital finance by offering services like futures trading, staking, and savings accounts, with potential AI and machine learning integrations. They provide a seamless user experience.

Web2 and Web3 tools are merging as crypto-backed debit cards
cryptocurrency exchange

Web2 and Web3 tools are merging as crypto-backed debit cards

The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.

Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up
cryptocurrency exchange

Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up

The Appellate Division of the New York Supreme Court has ruled that Bitfinex is legally allowed to withhold documents pertaining to the alleged cover-up of an $850 million loss on its trading platform.

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims
cryptocurrency exchange

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young has filed a report with the Ontario Superior Court of Justice suggesting how the court should distribute the recovered funds.

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