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Crypto Exchanges

SEC takes legal action against crypto exchange Bittrex and its ex-CEO

The US Securities and Exchange Commission (SEC) has taken legal action against crypto exchange Bittrex and its ex-CEO, William Shihara. Below are some key highlights: Bittrex and its former CEO are being sued by the Securities and Exchange Commission (SEC) for offering unregistered securities on the exchange. The SEC’s complaint claims that the platform provided […]

Crypto Exchanges

Decred introduces DCRDEX 0.6, the newest version of its DEX

Key Highlights: DCRDEX 0.6 is a significant improvement over the previous version. The DEX will operate without relying on intermediaries. It will provide users with an even better experience when trading digital assets. Decred today launches the latest iteration of its Decentralized Exchange (DCRDEX) 0.6. As Decred’s first on-chain DEX, DCRDEX allows users to trade […]

Crypto Exchanges

Voyager wants a quick resolution of Binance.US legal dispute

Key highlights The acquisition of Voyager Digital by Binance.US cannot proceed until the legal dispute with the exchange has been settled. Voyager is requesting to settle the legal dispute by April 13 because a delay could result in creditors losing $100 million. Binance has been sued in the US by the CFTC for alleged inadequate […]

Crypto Exchanges

P2P crypto exchange Paxful suspends operations

Paxful to temporarily halt operations. The CEO of the exchange states that they are currently unsure about resuming operations. Paxful is the second P2P crypto exchange to shut down. The CEO of Paxful, Ray Youssef, has announced on the exchange’s website that its peer-to-peer (P2P) marketplace is being suspended. Ray says that they do […]

Crypto Exchanges

Leading Crypto Exchange Binance launches Crypto Tax calculator

Binance, the world’s leading cryptocurrency exchange, has recently released its Binance Tax Calculator for its users in Canada and France. With this new tool, users can accurately calculate and report their taxes on cryptocurrency purchases and sales. Here are some critical points to note: • Binance Tax Calculator is a free and secure tool, designed […]

Crypto Exchanges

Binance, Huobi reclaim 121 BTC from Harmony bridge hackers

The security teams of Binance and Huobi took a collaborative effort to halt. And reclaim 121 BTC from the cybercriminals responsible for exploiting the Harmony bridge. The collaboration between Binance and Huobi allowed them to successfully track down the source of the malicious activity, leading to the recovery of 121 BTC. Binance security worked together […]

Crypto Exchanges

Bithumb ordered to pay damages for service outage

The South Korean cryptocurrency exchange Bithumb has been ordered to pay damages to customers who were affected by a major service outage in 2017. The Seoul Central District Court ruled that the company had failed to maintain its IT systems, leading to a disruption in services for approximately nine hours. Here are a few things […]

Crypto Exchanges

Hodlnaut creditors refuse to restructure terms for liquidation

Hodlnaut creditors have announced their decision to reject restructuring terms and instead opt for liquidation. Hodlnaut, a global cryptocurrency lending platform, has been unable to restructure its debts. And will now move forward with the process of liquidating its assets. The Hodlnaut team states that they have exhausted all potential options to restructure the business. […]

Crypto Exchanges

Long-term Bitcoin investors despite 33% holding losses

Long-term Bitcoin holders are unmoved by contagion worries, which may postpone the arrival of a trend reversal. Bitcoin hit a 106-week low of $15,500 on Nov. 21. Market mood is fragile as outrage over the FTX debacle fades and the enormity of what occurred becomes clear. Worse, the exact scope of the black hole is […]

Crypto Exchanges

Gate.io launches Gate Pay, a key crypto-based payment solution

Gate.io, a top cryptocurrency exchange, has released Gate Pay to the public, as Coin Journal discovered from a press statement. The exchange predicts that crypto will soon become widely accepted and used as a standard form of payment. Gate Pay is a cryptocurrency-based exchange that provides access to companies and individuals alike, allowing them to experience […]

Crypto Exchanges

What Are tHE Exchange-Based Tokens? OKB and KUcoin

Cryptocurrency exchange tokens have been present for quite some time, as platforms discovered an easy approach to improve liquidity by also delivering additional value to its native token holders, as well as trading fee savings. Despite the stagnating global market, 2019 has proven to be particularly rewarding for the big exchange tokens, which have seen […]

Crypto Exchanges

$570 Million Hack, Binance might soon unveil culprit(s) CZ says

Changpeng ‘CZ’ Zhao, the founder and CEO of Binance, said law enforcement was helping in the quest to identify those behind the attack.Binance will be working with law enforcement to unveil the culprit(s), who were responsible for the recent attack on BNB Chain; where $570 million was stolen. This was revealed by Binance CEO Changpeng Zhao […]

Crypto Exchanges

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