Recent on-chain data has revealed that XRP Whales have moved a significant portion of their holdings in the last 24 hours, causing speculation within the XRP community. Over 63 million XRP tokens have been moved in two significant transactions. The first transaction involved a transfer of 26,400,000 XRP from an unknown wallet to the crypto […]
The Chicago Board Options Exchange (CBOE) has released notifications confirming the commencement of trading for several eagerly awaited Bitcoin spot Exchange Traded Products (ETPs) at 9:30 am ET on Thursday. The confirmed ETPs include the VanEck Bitcoin Trust (HODL), the Fidelity Wise Origin Bitcoin Fund (FBTC), and the ARK 21Shares Bitcoin ETF (ARKB), as stated […]
FTX, a bankrupt cryptocurrency exchange, is seeking court approval to sell several luxury properties in the Bahamas as part of its bankruptcy proceedings. The properties were purchased using a significant amount of the exchange’s users’ funds, with the total cost of the 36 properties exceeding $200 million.The exchange is hoping to secure permission from the […]
The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange issued a notice approving securities listings from several asset managers.In letters filed with the SEC on January 10, Cboe confirmed that it had […]
Sam “SBF” Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has retained new legal representation ahead of his sentencing hearing for seven criminal charges. The notice was filed on January 9 in the United States District Court for the Southern District of New York by Torrey Young and Marc Mukasey of Mukasey Young LLP, who […]
The Indian government has issued a violation warning against nearly a dozen off-shore cryptocurrency exchanges. Following this, Apple’s App Store in India has barred the apps for Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC, preventing the addition of new users to these exchange programs.The Financial Intelligence Unit (FIU) of the Indian Ministry of Finance […]
In a surprising development, FTX, the bankrupt cryptocurrency exchange, has temporarily halted its planned $500 million investment in AI startup Anthropic. This move has caused a stir in the industry as it interrupts what could have been a significant boost for Anthropic’s development of advanced artificial intelligence technologies.The Wall Street Journal reported on June 28 […]
Apple has yet to comment on the removal of cryptocurrency exchange apps from its App Store in India. This comes as Binance South Asia X has noted a significant shift of Indian traders towards global cryptocurrency platforms, seemingly to avoid tax obligations. India introduced a 30% tax on virtual currency profits and a 1% deduction […]
In a significant development, Binance, one of the world’s leading cryptocurrency exchanges, has confirmed the removal of its application from Apple’s App Store in India. This move comes amid growing regulatory concerns in the country.It has been revealed that Binance, along with other affected exchanges, failed to adhere to the appropriate regulatory framework in India. […]
Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the delisting of nine spot trading pairs from its platform. The pairs include LTC/UAH, FLOKI/TUSD, COS/BNB, COTI/BNB, MULTI/BTC, among others. The decision, which will take effect on January 12, is part of the company’s routine reviews aimed at maintaining a high-quality trading market and […]
