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Binance has unleashed a $400 million lifeline to stabilize the crypto market, launching an aggressive relief and liquidity campaign designed to restore confidence after brutal sell-offs battered retail and institutional investors alike. Binance Unveils $400 Million Crypto Market Recovery Initiative Crypto exchange Binance announced on Oct. 14 a $400 million recovery effort aimed at reviving … Read more
Indian crypto exchange Wazirx secured court approval for its restructured recovery plan, setting the stage for platform relaunch, user compensation, token distributions, and renewed operations. Singapore Court Approves Wazirx Recovery Plan With Modifications Indian crypto exchange Wazirx announced on Oct. 13 that the Singapore High Court has approved the restructuring scheme proposed by Zettai Pte … Read more
Binance has revealed a $283 million payout after massive liquidations and cascading losses rattled crypto markets, exposing deep volatility and testing investor confidence across exchanges. Binance Concludes Market Volatility Review, Pays out $283M in User Compensation Crypto exchange Binance announced on Oct. 12 that it had completed a full assessment of the extreme market volatility … Read more
Wintermute CEO Evgeny Gaevoy denies collapse rumors after the Oct. 10 crypto crash wiped out $19B in leveraged positions. CEO Refutes Wiped out Rumors Evgeny Gaevoy, the co-founder and CEO of Wintermute, has publicly refuted rumors that began circulating early Saturday claiming the Oct. 10 market crash had “collapsed” the major market maker. In a … Read more
India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court has upheld an arbitral tribunal’s order holding Zanmai Labs Private Limited—operator of the Wazirx … Read more
Kazakhstan is unleashing a full-scale crackdown on illegal crypto activity, seizing millions in digital assets and targeting shadow networks fueling financial crime. Kazakhstan Clamps Down on Unlicensed Crypto Exchanges and Financial Crime Governments are tightening oversight of cryptocurrency markets, with Kazakhstan ramping up enforcement against unlicensed trading platforms linked to financial crimes. Deputy Chairman of … Read more
The Securities and Commodities Authority (SCA) has issued its first full Virtual Asset Platform Operator License to cryptocurrency exchange Bybit, marking a regulatory milestone in the United Arab Emirates’ expanding digital asset framework. UAE Issues First Comprehensive Crypto License to Bybit According to the release shared with Bitcoin.com News, the authorization follows Bybit’s in-principle approval … Read more
Coinbase is charging ahead to reshape finance by seeking a national trust charter, signaling bold expansion plans beyond custody into mainstream crypto innovation. Coinbase Files OCC Application to Broaden Custody, Payments, and Compliance Cryptocurrency exchange Coinbase Inc. (Nasdaq: COIN) announced on Oct. 3 that it has filed an application with the Office of the Comptroller … Read more
Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term sustainability concerns despite reporting financial stability and growth under new ownership … Read more
India is accelerating crypto sector oversight with compliance notices to 25 offshore platforms, reinforcing investor protections while expanding formal registration and anti-money laundering safeguards nationwide. India Issues Compliance Notices to 25 Offshore Crypto Platforms India is intensifying its oversight of the digital asset sector as the Financial Intelligence Unit India (FIU IND) clamps down on … Read more
