Crypto Exchange

April 23, 2024

Crypto.com’s South Korea launch hit by regulatory roadblock

Singapore-based cryptocurrency exchange Crypto.com has postponed its planned launch in South Korea following concerns raised by regulators regarding money laundering anomalies in the platform’s data.   […]
April 19, 2024

Binance exec remains in jail as bail appeal fails again

A Federal High Court in Abuja, Nigeria, has once more delayed the hearing for the bail application of Binance executive Tigran Gambaryan, who remains incarcerated at […]
April 18, 2024

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]

Mango Markets exploiter trial heads to jury

The jury has commenced deliberations regarding charges related to market manipulation and fraud stemming from an alleged $110 million exploit of the Mango Markets decentralized exchange […]
April 16, 2024

OKX launches Ethereum layer-2 network for lower fees & interoperability

Cryptocurrency exchange OKX has introduced its in-house Ethereum-based layer-2 network called X Layer, joining other platforms like Coinbase in providing lower fees and interoperability for decentralized […]
April 15, 2024

Nigeria’s Binance crackdown threatens Web3 industry

Nigeria is grappling with the repercussions of actions taken against Binance executives, with investors withdrawing from deals and partnerships, particularly in the web3 sector. Lucky Uwakwe, […]

Binance executive tracked to Kenya, extradition underway

The Nigerian Government has located Binance executive Nadeem Arjarwalla in Kenya after his escape from custody and is working to extradite him back to Nigeria. Sources […]
April 13, 2024

Software engineer sentenced to three years in prison for Nirvana hack

Shakeeb Ahmed, a computer security engineer, has been sentenced to three years in prison followed by three years of supervised release in Southern New York District […]

Coinbase requests interlocutory appeal over SEC’s ‘controlling question’

Cryptocurrency exchange Coinbase has filed a request with the United States District Court to examine a specific “controlling question” raised by the U.S. Securities and Exchange […]

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