Binance has received approval from Kazakhstan’s financial regulator to operate in the Astana International Financial Centre. The exchange still has more in the application process to complete, which it expects to do in due course. Founder and CEO Changpeng Zhao had previously met the country’s President to discuss regulation. Binance...
Zipmex has finally been granted a three month creditor protection from the Singapore court Per a Bloomberg report, the court’s decision will be instrumental in guarding the firm against third-party lawsuits and claims, enabling the exchange to come up with a useful funding plan. Asian cryptocurrency exchange Zipmex was granted...
Crypto exchange Huobi’s founder Leon Li is reportedly in talks with financiers to sell his stake in the firm Potential buyers include Justin Sun of Tron and FTX CEO Sam Bankman-Fried Per a recent Bloomberg report, Huobi founder Leon Li is currently in talks with a bunch of investors to...
DyDX has blocked user accounts linked with Tornado Cash DyDX has joined a growing list of platforms who have been actively blocking user accounts of people who had earlier been in contact with sanctioned Tornado Cash app In an updated blog post, derivatives protocol DyDX has confirmed that it has...
Crypto exchange Hotbit has suspended its crypto transactions. Hotbit’s former management employee is undergoing a criminal investigation due to which the exchange had to suspend its transactions temporarily The exchange later added that the exact time of resumptions cannot be determined at the moment. One of Asia’s leading cryptocurrency exchanges,...
Binance has ceased the off-chain fund transfer channel between itself and WazirX On-chain transfers will still be available for the users to deposit and withdraw. Leading cryptocurrency exchange Binance has recently decided to remove the off-chain fund transfer channel between itself and the Indian exchange WazirX. Binance Suspends Off-Chain Transfer...
Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs, the entity that operates WazirX Binance’s CEO Changpeng Zhao has made surprising declarations regarding the Indian crypto exchange WazirX. While...
Coinbase shares have soared past 35% after the exchange announced its newest partnership with asset management firm BlackRock At press time, Coinbase’s native token is up 17% sitting at $93.18 after touching an ATH of $105 earlier today. Earlier today Coinbase announced its newest partnership with one of the leading...
A bug in Slope wallets is believed to be behind the recent theft from Solana wallets. Nearly $6 million was stolen from 9,000 addresses. Teams are still continuing their investigation and will publish a full report later. The recent attack on Solana wallets that saw 9,000 addresses drained of nearly...
According to Binance CEO CZ, crypto deposits on Binance have steadily increased over the past year. CZ further added how BTC balance on exchange is highest as compared to other cryptocurrency exchanges Binance’s CEO Changpeng Zhao is in the news again, this time for tweeting key metrics concerning crypto deposits...
Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts in non-staff costs. The team explained that the cost-cutting was meant to transform the exchange into a leaner business. The...
Summary: Crypto exchange Zipmex has moved to delay creditors in Singapore from pursuing legal actions against the platform. The trading service filed five separate moratorium applications to this effect. Moratoriums of this nature usually give a 30-day extension but the exchange is after a 6-month extension. The crypto exchange supposedly...