Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card: Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX)
Schaub resigned her role as general counsel of cryptocurrency exchange Gemini. She is joining an online real estate company Opendoor Technologies Inc. as a chief legal officer.
OSL offers sales of security tokens to institutional investors after receiving a Type 1 license from the SFC. The offerings enable investors to own digital assets pegged to financial assets indirectly.
Zipmex cryptocurrency trading platform is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes.
FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.
The events related to the Terra and Luna collapse highlight why trading platforms need to provide clarity and education for their users. With tighter regulations looming, demonstrating responsibility and a commitment to consumer protection is vital if trading platforms are to thrive.
FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.