Summary: Binance is set to restart operations in Japan’s crypto market after acquiring licensed trading venue Sakura in November 2022....
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Coinbase may launch an offshore derivatives exchange in Bermuda as soon as next week. The American exchange has already obtained a license to operate in the island nation.
Jump Trading has been identified as the mysterious third party that helped Terraform Labs restore TerraUSD's peg in May 2021.
Fintech giant PayPal has reportedly paused working on its stablecoin due to the renewed regulatory crackdown on crypto firms. PayPal was working with Paxos, which is currently facing a probe by the NYDFS.
Hong Kong-based crypto OTC trading firm Genesis Block has over $50 million stuck on FTX. The firm had announced the suspension of trading services earlier today.
FTX might receive a state-sponsored bailout from Temasek as Binance checks balances before takeout.
South Korean authorities demand that crypto company executives testify in a Terra inquiry but witnesses dodge appearing due to mental condition concerns.
Summary: Terra chief Do Kwon says he doesn’t trade crypto and none of his funds were frozen by South Korean...