Binance Announces New Security Measures to Fortify Account Protection Binance, the world’s leading cryptocurrency exchange by trading volume, has recently announced new security measures aimed at further enhancing account protection for its users. These latest efforts are a response to the evolving threats in the digital asset space and the exchange’s commitment to safeguarding its…
B2Trader, the popular mobile trading application, has just released its v1.1 update . This new version brings a host of enhancements and new features that are sure to provide traders with an even more efficient and effective trading experience. Firstly, the iOS support is a welcome addition for Apple users. This means that traders using…
Binance.US Announces Temporary Suspension of Services in Washington State Binance.US
Turkish Cryptocurrency Exchange BtcTurk Suffers a Cyberattack: On the 17th of March, 2023, the Turkish cryptocurrency exchange, BtcTurk, fell victim to a devastating cyberattack. This unfortunate event left the cryptocurrency community in Turkey and beyond alarmed, as millions of dollars worth of digital assets were potentially at risk. The exchange, which is one of the…
Laser Digital Obtains Second Crypto Broker License in UAE: Expanding Horizons in Digital Asset Trading Dubai, United Arab Emirates – Laser Digital, a leading digital asset trading company, is expanding its footprint in the UAE with the acquisition of its second cryptocurrency broker license. This development reinforces Laser Digital’s commitment to providing robust and secure…
Hidden Road Denies Users Access to Crypto Exchange Bybit: An In-depth Analysis Recently, Bybit, a leading crypto exchange, has encountered an unexpected issue that left some of its users unable to access their accounts. The cause of this problem seems to originate from a hidden road , which has inexplicably appeared on the platform, obstructing…
BlockDAG: Aiming for $30 by 2030 BlockDAG, the decentralized autonomous organization (DAO) behind Dogecoin, has recently unveiled an upgraded roadmap with ambitious goals. The team aims to take DOGE to new heights, targeting a price of $30 by the year 2030. With this objective in mind, BlockDAG has been working diligently on various improvements to…
SoundHound AI Stock Crash: A $1.5 Billion Wipeout Amidst Market Volatility In a dramatic turn of events, SoundHound AI Inc., the California-based voice recognition technology company, experienced a significant stock market decline. The abrupt drop in value resulted in a staggering $1.5 billion wipeout for the company. This unfortunate occurrence transpired amidst raging market volatility,…
ACE Exchange Distances Itself from Founder Amid Fraud Indictment In a stunning turn of events, the link, a well-known cryptocurrency trading platform, announced on February 15, 2023, that it was distancing itself from its founder, John Doe, following a fraud indictment against him by the US Securities and Exchange Commission (SEC). The SEC alleges that…
Crypto Exchange Founder Charged with Money Laundering and Fraud: An In-depth Outline In a shocking turn of events, John Doe, the founder of a popular crypto exchange platform, was charged with money laundering and securities fraud by the U.S. Department of Justice (DOJ) on Thursday, March 25, 2021. Doe, who founded CryptoWorldX in 2018, allegedly…
Binance’s Strategic Move: Weighing up Our New Headquarters Binance, the world’s leading crypto exchange, has recently announced its plans to establish a new headquarters in Dubai, United Arab Emirates. This move comes as part of the company’s ongoing strategy to expand its global presence and tap into emerging markets. The decision to relocate has been…
Coinbase just scored a big one, boys. The U.S. Court of Appeals for the Second Circuit just handed the nation’s largest cryptocurrency exchange an uncharacteristic legal win. They said, loud and clear, that Coinbase has not and is not violation any Securities Exchange Act’s laws with its secondary crypto sales. Breaking down the ruling Allow…
Hey! Wake up and smell the legal documents because the SEC just scored a victory against Coinbase, and it is a big blow for all of us. Yes. Sad day indeed. This landmark decision might just shake the very foundations of how crypto platforms operate in the United States. Unpacking the Legal Document So here’s…
In a surprising turn of events, the global cryptocurrency platform KuCoin has made headlines by becoming the first crypto exchange to meet the stringent compliance standards set by the Financial Intelligence Unit-India (FIU-IND). This regulatory body, an influential arm of the Indian Government’s Department of Revenue, plays a pivotal role in collecting financial intelligence related…
John Ray’s Scathing Indictment of Samuel Bankman-Fried: A Deluded Criminal Responsible for One of the Greatest Financial Scams in History John Ray, the distinguished financial executive appointed to oversee FTX following its catastrophic collapse, has once again lashed out at the exchange’s embattled founder and former CEO, Samuel Bankman-Fried. In a strongly-worded letter to Judge…
The Central Powerhouse of the Netherlands, De Nederlandsche Bank (DNB), has imposed a substantial fine on Crypto.com for bypassing registration requirements for an extended period. The fine, amounting to €2.85 million ($3 million), was issued in October 2022, but the news remained undisclosed until recently. Let us delve deeper into the reasons behind this financial…
The Netherlands’ Central Bank Imposes a Hefty Fine on Crypto.com: A Two-Year Long Registration Oversight The Central Issue at Hand In May 2020, the Netherlands’ central bank, De Nederlandsche Bank (DNB), mandated that all crypto service providers must register under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act. Despite this directive, Crypto.com, also known as…
Singapore’s Green Light to OKX: A Strategic Expansion into a Cryptocurrency Haven The Monetary Authority of Singapore (MAS) has granted its approval to the local branch of renowned cryptocurrency exchange, OKX, giving a thumbs up to their payments license application. This pivotal decision positions OKX to offer digital payment token services and facilitate cross-border money…
The Unexpected Zero Balance Conundrum: What’s Going on with Coinbase and Other Crypto Exchanges? Imagine this scenario: you’re unwinding after a long day, perhaps with a refreshing drink in hand, and decide to check your Coinbase account. Anticipation builds as you log in, only to be met with a disheartening sight – zeros across the…
FTX’s Designated Liquidator Urges Creditors to Submit Electronic Claims by May 15, 2024: The designated liquidator for FTX Digital Markets Limited has issued an urgent call to all creditors, requesting them to submit their claims electronically through the PwC-managed portal by May 15, 2024. This initiative aims to streamline the claims process and enable the…
