Exchange

20-Year Sentences Proposed in Taiwan’s ACE Exchange Fraud

In a significant crackdown on cryptocurrency fraud, Taiwanese prosecutors have proposed a minimum of 20 years imprisonment for the four primary suspects involved in...

Changpeng Zhao’s Legal Struggle Amidst Strong Family Support

Changpeng Zhao, co-founder of the cryptocurrency exchange Binance, could go to prison for three years. However, over 160 friends, colleagues, and investors are supporting...

Mt. Gox Bitcoin Release: A Looming Threat to Market Stability?

The looming distribution of over $9 billion in Bitcoin from the defunct Mt. Gox exchange could introduce significant volatility to the cryptocurrency market. According...

Crypto.com’s Entry into South Korea Delayed by Regulatory Concerns

Crypto.com, a prominent Singapore-based cryptocurrency exchange, recently faced a setback in its expansion plans into South Korea. The company’s intended launch was delayed following...

Manchester City Launches Exclusive NFT Collection with OKX

Manchester City has teamed up with cryptocurrency exchange OKX to introduce a unique non-fungible token (NFT) collection, "Unseen City Shirts," blending digital collectibles with...

Thailand Crypto Regulation by Targeting Unlicensed Exchanges

In a move to combat online crimes such as money laundering, Thailand has announced its intention to block unlicensed cryptocurrency exchanges from operating within...

Cyber Thief Admits Stealing Millions Through Fake Coinbase Website

Chirag Tomar, an Indian citizen, has pleaded guilty to charges of conspiracy related to creating a fake Coinbase website, leading to the theft of...

Crypto Users Propose Settlement with Sam Bankman-Fried

In a significant development within the cryptocurrency legal landscape, a group of FTX users has proposed dropping their lawsuit against former FTX CEO Sam...

Binance Executive Tigran Gambaryan’s Bail Denied Again

Tigran Gambaryan, a high-ranking Binance executive, continues to face legal challenges in Nigeria as a Federal High Court in Abuja has again postponed his...

Kraken Enhances U.S. Presence with TradeStation Crypto Acquisition

Kraken, a major cryptocurrency exchange, has expanded its U.S. reach by acquiring TradeStation Crypto, enhancing its regulatory licensing across the country. This strategic move...

Binance FZE Secures VASP License in Dubai

Binance FZE, the Dubai-based subsidiary of the global cryptocurrency exchange Binance, has achieved a significant regulatory milestone by obtaining a Virtual Asset Service Provider...

Binance, OKX, and Bybit Lead Growth in Crypto Exchanges

A recent report from Bybit's Institutional Report 2024 has highlighted a significant increase in trading volumes across major centralized cryptocurrency exchanges (CEXs) such as...