dYdX v3 website recovers after DNS attack, users warned to delete cache
The exchange warned users to clear their browser’s cache before visiting the website to avoid accidentally caching the compromised version. Go to Source
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Gate.io to wind down services for customers in Japan
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services. Go to Source
HKX joins list of crypto exchanges to quit Hong Kong market
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues. Go to Source
Bitrue Ventures launches Web3-focused $40M investment fund
Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources. Go to Source
OKX selects Malta as MiCA hub for EU crypto compliance
OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services. Go to Source
Bitget reports $700M capital inflow in Q2, adds 2.9M users
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter. Go to Source
Paxful co-founder Schaback faces 5 years jail, admits AML failure
Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years. Go to Source
Nigerian Witness Says Binance Users Operate Under False Identities
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance is in violation of local laws. Money Laundering Charges A deputy … Read more
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan. Go to Source
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids … Read more
