Cryptocurrency Exchange

The Virtual Assets Regulatory Authority (VARA) has announced a halt in the conditional MVP Operational License for BitOasis, a cryptocurrency exchange based in Dubai. This action follows BitOasis's failure to meet specific conditions within an established time frame. BitOasis received the...

Crypto exchange KuCoin on Wednesday announced that it will be implementing an upgrade to its Know Your Customer (KYC) authentication protocols that seek to embrace global compliance standards, foster a more secure trading environment, and enhance the security measures for user accounts. As of...

FTX (CRYPTO: FTT) has suddenly put a stop to the sale of a coveted asset, which was previously believed to be on the auction block after the crypto exchange declared bankruptcy in November. What Happened: Perella Weinberg Partners, the investment bank advising the FTX sale process, informed bidders...

The image that the FTX sought to portray as the customer-focused leader of the digital age was a "mirage," stated CEO and Chief Restructuring Officer of the FTX Debtors John J. Ray III on Monday. FTX Debtors released a report revealing the misuse and intermingling of...

Bybit has secured a license to operate a crypto exchange and provide custody services in Cyprus. The license, granted by Cyprus's regulatory authorities, enables Bybit to provide trading between crypto pairs and fiat currency pairs, along with financial services related to crypto assets, and...

Bitcoin (CRYPTO: BTC) spiked to approximately $138,000 on the Binance.US cryptocurrency exchange today. What Happened: The surge, which occurred specifically in the Bitcoin/Tether trading pair, happened at 6:50 a.m. UTC. It lasted mere seconds before prices realigned with other Bitcoin spot markets...

Avraham Eisenberg, a trader involved in a staggering $110 million cryptocurrency theft, will stand trial in a New York court on Dec. 4. U.S. District Judge Richard Berman in Manhattan announced the trial date for Eisenberg, who faces charges including commodities fraud, commodities...

Crypto exchange Binance announced on Friday it will cease operations in the Netherlands, effective immediately, due to regulatory hurdles in the country. According to a statement released by the company, no new accounts will be registered for residents in the Netherlands. In addition, starting...

Bittrex's U.S. subsidiary will enable customer withdrawals this Thursday, per a directive by a Delaware bankruptcy court. The company's attempt to allow customers to regain access to their holdings was met with resistance from the U.S. government. The exchange still owes a substantial...

The legal spat between cryptocurrency exchange Binance Holdings Ltd. and the U.S. Securities and Exchange Commission (SEC) is scheduled for a hearing before Judge Amy Berman Jackson in a federal court in Washington on Tuesday. The hearing comes as lawyers for Binance.US petition a federal...

In the wake of the U.S. Securities and Exchange Commission's (SEC) lawsuit, Binance.US is experiencing a severe liquidity crunch, as market makers and traders have vacated the cryptocurrency exchange at an alarming rate. A research report by Kaiko revealed the liquidity on Binance.US...

The U.S. Department of Justice (DOJ) unsealed charges against two Russian nationals, Alexey Bilyuchenko, age 43, and Aleksandr Verner, age 29, for their alleged involvement in the infamous 2011 hack of the Mt. Gox cryptocurrency exchange and the subsequent operation of the shadowy cryptocurrency...

Singapore-based cryptocurrency exchange Crypto.com announced on Friday its decision to suspend services for institutional clients in the U.S. beginning June 21. The suspension is attributed to subdued demand among institutional clients, which has been further exacerbated by the...

In a recent move aimed at safeguarding customers from fraudulent activities associated with cryptocurrency trading, the Commonwealth Bank of Australia (CBA) has announced that it will impose a cap of A$10,000 (equivalent to $6,663) per month on payments made to digital currency exchanges. According...

In the wake of recent actions taken by the U.S. Securities and Exchange Commission (SEC) against renowned cryptocurrency exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc (NASDAQ: COIN), Messari founder Ryan Selkis established a new advocacy group dubbed @DFA2024. The organization...