FTX Boss Refutes Ex-CEO’s Claims, Seeks Recovery
In the most recent court proceeding, FTX CEO John J. Ray made a forceful declaration refuting former CEO Sam Bankman-Fried’s…
Category: Exchange News
Binance Launches OPBNB for Swift, Cost-Effective Transacts
The BNB Chain team has officially launched opBNB, a layer-2 scalability solution, on the mainnet, marking a pivotal moment for…
Coinex Resumes Deposits & Withdrawals Post $70M Hack
CoinEx, recently hacked for $70 Million US due to compromised hot wallet private keys, is preparing to restore user deposit…
Bybit to Cease UK Operations Amid Tough Regulations
Bybit Exchange announced that it will cease operations in the UK due to increasingly stringent regulations. Starting October 1, 2023…
Binance Discontinues BUSD Stablecoin Service in February 2024
Crypto exchange Binance has announced that they will stop supporting their stablecoin, BUSD, from 2024. Despite being ranked in the…
At Least 50% of Turkish Citizens Have Cryptocurrency Assets
KuCoin exchange reported that at least half of the adults in Turkey are crypto investors. According to the results of…
Visa & Mastercard Terminate Cooperation With Binance
Binance, the largest crypto exchange by trading volume, is facing multiple charges from the US Securities & Exchange Commission (SEC),…
Huobi Faces Legal Challenges in Malaysia: An Overview
Amidst stringent regulations in the crypto business sphere, the Securities Commission (SC) of Malaysia has taken legal action against the…
Binance Expands to Japan, Launching Official Services
Binance, one of the world’s leading cryptocurrency exchanges, is soon set to launch its official services in Japan. This move…
What Is A Bear Trap In Trading And How To Avoid It?
A bear trap is a common trading term that refers to a situation in which an investor experiences a significant…