Exchange

Experts Urge Nigeria to Regulate Naira on Crypto Exchanges

Amid the rapid decline of the naira and soaring inflation rates, the Nigerian government has focused on platforms providing cryptocurrency services. However, many Nigerian...

Binance Resumes Payment Services with Mastercard and Visa

Binance has announced the resumption of its payment services through Mastercard and Visa, signaling a potential easing of the crypto exchange’s recent legal challenges....

Nigeria Defends Prosecution of Binance Exec Amid U.S. Lawmakers’ Criticism

Nigeria's Minister of Information, Mohammed Idris, has defended the prosecution of Binance executive Tigran Gambaryan, asserting that the legal proceedings adhere to the country's...

FTX Reaches $200M Settlement with IRS on Tax Bill

Bankrupt crypto exchange FTX has reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS), to settle a $24...

Biden Urged to Act on Binance Exec’s Detention in Nigeria

Several U.S. politicians have urged President Joe Biden to intervene in the case of Tigran Gambaryan, a Binance compliance officer detained in Nigeria for...

Changpeng Zhao Reports to California Prison Following Guilty Plea

Changpeng Zhao, the founder and former CEO of Binance, has officially started his four-month prison sentence in California. Zhao, often referred to as "CZ,"...

Coinbase Contributes $25 Million to Crypto Super PAC Fairshake

Coinbase has donated $25 million to the crypto-focused super political action committee (PAC) Fairshake, joining forces with Andreessen Horowitz and Ripple to bolster its...

OKX Expands to the Netherlands

Major global cryptocurrency exchange OKX has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet. The announcement...

Coinbase Accuses SEC of Stifling the Crypto Industry

Cryptocurrency exchange Coinbase has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling the digital assets industry. In a May 31...

Japanese Crypto Exchange DMM Bitcoin Loses $305M in Hack

Details of the Hack and Immediate Response Japanese cryptocurrency exchange DMM Bitcoin has reported a significant security breach resulting in the loss of 48 billion...

$26M Airdrop Fiasco by Bybit Restructures Executive Team

Crypto exchange Bybit has announced internal role changes for several executives following a flawed airdrop that led to a $26 million compensation payout to...

Texas Regulators Bust Arkbit Crypto Mining MLM Fraud

The Texas State Securities Board has issued a cease and desist order against Arkbit Capital, a company falsely claiming to operate cloud mining data...