Tag: exchange
Former FTX CEO Sam Bankman-Fried’s Bail Revoked
Key Points: Sam Bankman-Fried (SBF), the former CEO and co-founder of insolvent FTX, had his bail revoked after the U.S DoJ asked the court to do so. ...Binance Secures Highest Crypto Provider License in El Salvador
Key Points: Binance has been awarded a Bitcoin Services Provider (BSP) license and a Digital Assets Services Provider (DASP) license by El ...Trouble Continues for Huobi as Dogecoin Developer Issues Warning
Key Points: Mishaboar, a well-known developer and supporter of Dogecoin (DOGE), recently made a call for DOGE holders to remove their coins ...Huobi Witnesses Massive Outflows on Rumors on Crackdown and Insolvency
Key Points: Huobi, a crypto exchange, witnessed outflows totaling $64 million on August 5 and 6 as concerns about the company’s viability and reports ...Hong Kong’s Hashkey Exchange Obtains First Crypto Trading License
Hashkey Exchange received Hong Kong’s first cryptocurrency trading license as the region works to promote itself as a crypto industry-friendly hub. According to recent ...Binance CEO CZ Sheds Light on Recent U.S DOJ Fraud Charges Rumors
After news came on Wednesday that the US Department of Justice (DOJ) was considering filing fraud charges against cryptocurrency exchange Binance, CZ, ...Binance Reportedly Enabled $90B Illegal Crypto Trades in China
Binance reportedly allowed customers in China to trade $90 billion in cryptocurrency assets in a month despite being located in a region where the ...Insolvent FTX Plans Relaunch With New Debtor’s Payout Structure
Summary: Insolvent FTX will split creditors into classes and allow one class to rebuild the exchange with outside investors. Former FTX.com consumers may ...Nigerian SEC Continues Crackdown on Crypto Exchanges
Summary: The Nigerian SEC issued a notice urging crypto platform providers to stop reaching Nigerians. The warning emphasizes the volatility and lack ...Binance Now First Exchange with Operational MVP License in Dubai
Summary: Binance has obtained the Operational Minimum Viable Product license from Dubai's Virtual Assets This license allows Binance's Dubai affiliate, Binance FZE, ...