Exchange

BlockFi and FTX Reach Tentative $874M Settlement Agreement

Bankrupt cryptocurrency firms BlockFi and FTX have come to a preliminary settlement, where FTX has agreed to compensate BlockFi with up to $874.5 million....

Binance.US Faces SEC Scrutiny Over Information Sharing

The U.S. Securities and Exchange Commission (SEC) has raised concerns that Binance.US, the American branch of the global cryptocurrency exchange, has not been forthcoming...

Bitstamp Sets Its Sights on Singapore with Regulatory Approval

European cryptocurrency exchange Bitstamp has marked a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS). This nod from MAS...

Binance.US Faces Major Cuts Following SEC Legal Challenges

Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, has been forced to cut two-thirds of its workforce as it grapples with a...

Binance Ends Operations with Nigerian Naira Amid Regulatory Challenges

Binance, a leading global cryptocurrency exchange, has announced its exit from the Nigerian market, signaling an end to all transactions involving the Nigerian naira...

Nexo Gains Initial Approval for Digital Asset Services in Dubai

Nexo, a prominent player in the digital asset service industry, has achieved a significant regulatory milestone by obtaining initial approval to operate as a...

Hong Kong’s SFC Cracks Down on Fake Crypto Exchange Websites

Hong Kong's Securities and Futures Commission (SFC) has taken significant action against fraudulent websites masquerading as reputable local cryptocurrency exchanges. In a proactive move...

Nigeria Denies Rumors of $10 Billion Fine Against Binance

A representative from the Nigerian government, Bayo Onanuga, has recently addressed rumors regarding a supposed $10 billion fine against the cryptocurrency exchange, Binance. Onanuga,...

Nigeria Hits Binance with a $10 Billion Fine Over Illegal Transactions

In a bold move, Nigeria has imposed a staggering $10 billion fine on the cryptocurrency exchange Binance. This decision comes in the wake of...

Revolutionizing: OKX Integrates Uniswap for Gas-Free Transactions

OKX, a leading cryptocurrency exchange, has taken a significant leap forward by incorporating Uniswap Labs' application programming interface (API) into its decentralized exchange (DEX)....

State Attorneys General Challenge SEC’s Authority in Kraken Crypto Lawsuit

In a significant legal development, eight state attorneys general from the United States have filed a joint amicus brief, arguing that the Securities and...

Binance Removes Naira from P2P Platform Amid Nigerian Government Scrutiny

Binance, a leading cryptocurrency trading platform, has withdrawn the Nigerian naira (NGN) from its peer-to-peer (P2P) trading service, sparking concern among its Nigerian user...