Crypto exchanges

Binance Halts BNB Smart Chain Following Over $100M Cross-Chain Bridge Exploit

Binance has halted its BNB Smart Chain (BSC) due to a $100 million to $110 million exploit on its cross-chain bridge. Binance CEO, Changpeng Zhao, confirms the situation has been contained, and users' funds are safe.

Strike Raises $90M To Fund Payment Network Expansion

Strike has raised $90M to fund its network expansion. The money realized from the fundraising led by Ten31 earlier today will be used to revolutionize the credit card industry.

Binance Seeks To Resume Operations In Japan

After suspending services in Japan in 2018, Binance now seeks a license to resume its operations. Binance's renewed interest in operating in Japan is due to the nation softening its stance on crypto.

CoinFlex Submits Restructuring Proposal

CoinFlex announced a restructuring plan wherein creditors will own 65% of the company. The voting on this proposal will take place over the next week.

Jesse Powell Steps Down As CEO Of Kraken

Jesse Powell, the co-founder of Kraken, announced his plans to step down from his position as CEO. Kraken’s current chief operating officer Dave Ripley will succeed him.

WazirX Joins Binance To Delist USDC And Other Stablecoins

WazirX has announced the delisting of three stablecoins: USDC, USDP, and TUSD, and their auto-conversion to Binance USD. Like Binance, WazirX believes this move would help enhance liquidity and capital efficiency.

Binance Loses $20M Worth Of HNT Tokens Due To An Accounting Bug

Binance misallocated over $20M in Helium tokens due to a glitch that caused the platform to count HNT and MOBILE tokens as one.

Wall Street Major Players Partner To Launch EDX Crypto Exchange

Top Wall Street firms have teamed up to create a digital assets exchange to eliminate the complexities of crypto trading. They aim to offer a safer, faster, and more efficient means of trading digital assets.

Huobi To Delist Privacy Tokens Over Regulatory Concerns

Huobi announced its plans to delist seven privacy tokens next week as regulatory firms worldwide crackdown on privacy tools.

WazirX Resumes Operations After ED Unfreezes Its Assets

India's Enforcement Directorate (ED) lifted the sanctions it had earlier imposed on WazirX’s bank accounts, allowing the latter to resume its services.

Coinberry Sues Users After Losing 120 BTC Due To A Software Glitch

Coinberry filed a lawsuit against 50 users who exploited a vulnerability in its software to drain $3M worth of Bitcoin assets.

Binance To Stop Supporting USDC And Other Stablecoins By September 29

In the coming weeks, Binance would stop supporting USDC and other stablecoins in a bid to increase liquidity. This doesn't mean that they are delisting these tokens as users can still deposit and withdraw them.

Coinbase Users In Georgia Exploit Price Bug To Net 100x Profit

A decimal point error in Coinbase’s exchange allowed users to cash out their Lari (GEL) assets for a hundred times the market price. 

Binance Freezes Tezos Developer’s Corporate Account Worth $1M

Crypto exchange Binance restricts Tezos developer Baking Bad’s $1M worth of crypto assets over a law enforcement request. Additionally, Binance accuses the Tezos tool contributor of misleading the community with its false claims.

SCB Terminates $500M Deal To Acquire Bitkub

Siam Commercial Bank, Thailand’s oldest bank, discarded its plans to purchase crypto exchange Bitkub in a $500M deal, citing the platform’s unresolved issues with the Thailand SEC as the reason behind pulling out of the agreement.

Zipmex CEO Refuses To Resign Following $50M Loss

Marcus Lim, CEO of crypto exchange platform Zipmex, reveals he will not step down from his leadership role despite the company’s losses amounting to over $50M.

Uniswap Blocks 253 Addresses Over The Past Four Months

Decentralized exchange platform Uniswap blacklists 253 addresses that allegedly interacted with TRM Labs, citing ties to crimes involving stolen funds as the primary reason for the block.

FTX Flags Aztec Protocol, Allegedly Freezes Users’ Funds

Bahamian crypto exchange FTX flags Aztec Network, Aztec Connect, and

Eqonex Shuts Down Crypto Exchange Over Unprofitable Low Fees Competition

Eqonex stated it would focus more on its asset management and custodial services, leaving the crypto exchange in the rearview.

FTX And Paradigm Partner To Launch Crypto Futures Spread Trading

FTX enters a strategic partnership with Paradigm to offer 'one-click' futures spread trading to users.

Uzbekistan Blocks Access To Unlicensed Crypto Exchanges

Authorities of Uzbekistan have begun restricting access to crypto exchanges and trading platforms that are not registered under the nation’s laws.

Binance And WazirX In Dialogue To Resolve Ownership Dispute

Crypto exchanges, Binance and WazirX, are trying to reach an agreement over the ownership disagreement between them.

BitMart Under FTC Investigation Over Security Breach

Crypto exchange firm BitMart is being investigated by the Federal Trade Commission due to a security breach on the platform last year. 

Crypto Exchanges Bitfinex And Hotbit Under Criminal Investigation

Crypto Exchange Platforms Bitfinex and Hotbit face criminal investigation as authorities begin cracking down on these firms. 

Binance To Support Ethereum Merge And May List Fork Tokens

The notable Ethereum “Merge” event could lead to many forks and Binance is open to listing them on the exchange.

Nuri Files For Insolvency As CoinFlex Moves To Restructure

The crypto downturn has forced major crypto exchanges, Nuri and CoinFlex, to file for insolvency and restructuring, respectively.

FTX Strikes Deal To Bring Swaps To Reddit

Crypto giant, FTX, partners with Reddit to integrate swap features on the social platform.
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