Exchange

SEC Charges Bittrex and Ex-CEO for Unregistered Securities Exchange

The Securities and Exchange Commission (SEC) has filed charges against cryptocurrency exchange Bittrex and its former CEO, William Shihara, accusing them of operating an...

CFTC Chairman Accuses Binance Leadership of Operating Outside U.S. Laws

Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), recently spoke out against Binance and its leadership, alleging that the cryptocurrency exchange knowingly...

Crypto Exchange GDAC Reports $13 Million Hack on Hot Wallet

South Korean cryptocurrency exchange GDAC has reported a security breach on its platform, resulting in a loss of $13 million worth of digital assets...

Binance.US Struggles to Establish Direct Banking Relationship in the US

Binance, the global cryptocurrency exchange, is facing challenges in establishing a new bank partner to serve as a fiat on-ramp and off-ramp for its...

Binance Loses Derivatives License in Australia Following Self-Revocation Request

Binance, the world’s largest cryptocurrency exchange, has faced a lot of trouble lately, and it appears that this trend continues. The latest bad news...

Paxful Crypto Exchange Shuts Down Due to Regulatory Challenges

Ray Youssef, CEO of Paxful Bitcoin exchange, has announced the indefinite suspension of the marketplace, citing regulatory challenges and staff departures. This move comes...

Japan warns Bybit and other exchanges for operating without registration

Four foreign crypto exchanges, including Bybit, BitForex, MEXC Global, and Bitget, have been accused by Japan's Financial Services Agency (FSA) of operating in the...

Binance, CZ, and Influencers Face $1 Billion Lawsuit

Binance, a cryptocurrency exchange, and its CEO CZ have been facing a lot of scrutiny lately. The US Commodity Futures Trading Commission (CFTC) recently...

Bittrex to Close Down US Operations as Regulatory Pressure Mounts

Seattle-based cryptocurrency exchange Bittrex has announced that it will close down its operations in the US. The exchange's CEO, Richie Lai, cited an uncertain...

Binance.US Temporarily Halts BUSD Services

Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD...

OKX sets up Hong Kong office, plans to apply for virtual asset licenses

Cryptocurrency exchange OKX has opened an office in Hong Kong and intends to apply for virtual asset licenses to offer digital asset services in...

Binance and CEO CZ Zhao Sued by CFTC for Trading Violations

The United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO Changpeng Zhao for alleged trading violations. According...