Paxful restarts marketplace operations for the first time since April
Amid the suspended service, Ray Youssef said he had made his “final act” as CEO after helping unfreeze 88% of certain users’ accounts. Go to Source Powered by WPeMatico
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Coinbase execs visit UAE to test potential of ‘strategic hub’ for international operations
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top,” said Brian Armstrong at the Dubai Fintech Summit. Go to Source Powered by WPeMatico
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States. Go to Source Powered by WPeMatico
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department … Read more
SUI mainnet goes live as token sees immediate action on Binance, OKX, others
The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm. Go to Source Powered by WPeMatico
FBI, Ukraine seize 9 exchange domains on money laundering allegations
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures. Go to Source Powered by WPeMatico
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in a tweet that the service will begin by offering perpetual futures settled in USDC … Read more
3AC founders run into fresh trouble in Dubai over new exchange OPNX
Dubai digital asset regulator claimed that it had sent two cease and desist notices to the exchange in February and an investor alert against it in April. Go to Source Powered by WPeMatico
ByBit joins crypto exchanges offering crypto lending services
Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities. Go to Source Powered by WPeMatico
On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023
Oliver Linch suggested jurisdictions with established frameworks for crypto and policymakers willing and able to use them were a potential winning combination for fledging firms. Go to Source Powered by WPeMatico