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OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

SFC Suspends Shum Wai Nap for Seven Months Over Private Fund Mismanagement

SFC Suspends Shum Wai Nap for Seven Months Over Private Fund Mismanagement

The SFC has suspended Shum Wai Nap for seven months due to failures in managing a private fund, highlighting significant regulatory actions.

web3 gaming METAPIXEL Suspended Indefinitely

web3 gaming METAPIXEL Suspended Indefinitely

The METAPIXEL project has been suspended indefinitely due to a range of internal and external factors. Key team members, including Kate, Daniel, and Nathan, have announced their departure from the project. The development comes after 18 months of active work on the project, leaving both the team and the community in a state of uncertainty.

Binance Exchange Halts Major Crypto Services in Singapore

Binance Exchange Halts Major Crypto Services in Singapore

Binance has announced that with effect from October 26, users from Singapore will not be able to access the most basic functions of the Binance.com platform

Nexo AG Says Interested in Acquiring Celcius Network's Remaining Qualifying Assets

Nexo AG Says Interested in Acquiring Celcius Network's Remaining Qualifying Assets

Nexo AG has released a Letter of Intent showing its potential interest in the possible acquisition of certain assets of crypto firm Celcius Network LLC and Celsius Lending LLC.

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions, and trading USD-crypto trading pairs. However, all corporate and customer funds are safe, and USD withdrawal is not affected. The processing pace will be subject to bank operation. All crypto deposit and withdrawal functions remain intact, including those of U.S. dollar-pegged stablecoins.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld has become the latest crypto firm to halt trading, deposits, and withdrawals. The lender is exploring improvements in its corporate performance through restructuring exercises.

OKEx Crypto Exchange to Resume “Unrestricted Withdrawals,” Causing OKB Token Price to Rise More

OKEx Crypto Exchange to Resume “Unrestricted Withdrawals,” Causing OKB Token Price to Rise More

Following a temporary suspension of withdrawal services to cooperate with an investigation, OKEx said it will resume withdrawals on or before November 27.

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Could the suspension of Ant Group’s $34.5 billion IPO have a greater impact on Asia’s FinTech ecosystem than the United States election?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.

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