Bybit, one of the top cryptocurrency exchanges, has moved its headquarters to Dubai in the United Arab Emirates (UAE). The company has already received a license to operate since last year. The popular digital assets platform anchored the “Crypto Ark”…
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Binance US Delists Tron in a Surprising Move
Binance US, a branch of the world’s largest crypto exchange, has announced that it will delist two crypto projects by April 18, 2023. The exchange will delist TRON (TRX) and Spell (SPELL). The exchange did not give any detailed explanation…
Beaxy Crypto Trading Platform Faces SEC Charges: Unregistered Activities and Misused Funds
SEC Charges Beaxy for Non-Compliance The US Securities and Exchange Commission (SEC) has charged the Beaxy crypto trading platform for failing to register as a national securities exchange, broker, or clearing agency, according to a recent news release. The SEC…
Binance’s CZ Response to the CFTC’s Civil Complaint
In a surprising turn of events, the CFTC filed a civil complaint against Binance.com, despite their cooperative relationship that spanned over two years. As a keen observer of this industry, I will delve into the details of the situation and…
CFTC Files Complaint Against Binance and Executives – What we know so far
The Commodity Futures and Trading Commission (CFTC) has filed a complaint against cryptocurrency exchange Binance, its co-founder Changpeng Zhao, and former chief compliance officer Samuel Lim. The filing accuses them of soliciting U.S. users and circumventing the exchange’s own compliance…
Binance Temporarily Halts Spot Trading Amid Technical Issue on World’s Leading Cryptocurrency Platform
Binance, the world’s leading cryptocurrency exchange, recently faced an unexpected issue, prompting the platform to temporarily suspend spot trading services as of this morning. This interruption affected a large number of traders who rely on Binance for their digital currency…
SEC Targets Coinbase with Wells Notice on Staking & Asset Listings
Unpacking Coinbase’s Response to the SEC’s Wells Notice: Staying Compliant Amid Regulatory Confusion It’s been two years since the SEC thoroughly reviewed Coinbase’s business and approved its public listing. The company’s S1 filing clearly outlined their asset listing process, and…
BitFlyer, a prominent Crypto Exchange to List Shiba Inu (SHIB) and Launch Giveaway Campaign
BitFlyer, a leading Japan-based cryptocurrency exchange and private firm, has officially declared that it will be adding Shiba Inu (SHIB) to its trading platform. To celebrate this significant milestone, BitFlyer plans to conduct a special lottery-style giveaway, distributing SHIB tokens…
Binance.US to delist Helium(HNT) considering it as risk and no longer adhere to its standards
Background Helium was considered on of the coolest projects with proof of coverage. However the whole coolness went loose when Helium Foundation could not address the spoofing problem which exists till today and people who bought their hostspots ( equivalent…
USDC Depeg’s, currently at .92cents, Circle Confirms $3.3B Stuck with Silicon Valley Bank
Circle, the company behind USDC, the second-largest stablecoin in circulation, recently confirmed that its cash reserves worth $3.3 billion(alleged 9.8 billion from Deloitte audit ) have been stuck with Silicon Valley Bank (SVB), which was taken over by regulators and…