Tether, in collaboration with OKX and the U.S. Department of Justice, has frozen $225 million in USDT tokens, marking the largest freeze of its kind. This action is part of an investigation into an international human trafficking syndicate that is allegedly involved in a widespread romance scam. The success of the operation relied on the […]
Binance, the world’s largest cryptocurrency exchange, has undergone a significant leadership change. Changpeng “CZ” Zhao, the former CEO, has made the difficult decision to step down from his position. In a heartfelt statement, CZ acknowledged his emotional attachment to the company but emphasized that it was the right move for the community, Binance, and himself. […]
Binance, one of the largest cryptocurrency exchanges, has announced a change in leadership. Richard Teng, the head of regional markets outside of the U.S., has been appointed as the new CEO. This decision comes after the founder and former CEO, Changpeng “CZ” Zhao, resigned and pleaded guilty to charges brought against him by the U.S. […]
Tokyo-based digital payments firm PassPay has formed a strategic alliance with EOS Network Foundation (ENF) to explore the development of new financial products using blockchain technology. This partnership comes at a time when EOS Network is experiencing a resurgence, thanks to improvements in its EVM that have made it easier for DeFi developers to build […]
Tether, the issuer of the USDT stablecoin, has taken a significant step in combating illegal activities in the crypto space. In collaboration with US law enforcement agencies, Tether has conducted a joint investigation targeting a human trafficking organization in Southeast Asia. As a result, Tether has initiated the largest USDT freeze in its history, permanently […]
Bullish, a crypto exchange led by former New York Stock Exchange President Tom Farley, has acquired CoinDesk, a prominent crypto-focused media company. This all-cash deal marks a new chapter for CoinDesk, which was previously owned by Digital Currency Group. CoinDesk is known for its influential coverage of the crypto industry and made headlines in 2022 […]
The National Bank of Cambodia (NBC) has signed a memorandum of understanding (MoU) with Alipay to provide users of its digital currency, bakong, with access to the Alipay merchant network. This partnership will enable cross-border transactions using QR codes on Alipay+. The bakong service, operated by the NBC on a blockchain, allows users to have […]
Tether, the issuer of the USDT stablecoin, and crypto exchange OKX have collaborated with the U.S. Department of Justice (DOJ) to seize a record $225 million in illicit USDT funds. This marks the largest-ever freeze of USDT in history. The frozen funds were linked to an international human trafficking syndicate in Southeast Asia that was […]
Osaka Digital Exchange (ODX) is set to launch its Proprietary Trading System (PTS) for security tokens by December 25. This move comes after receiving approval from Japan’s Financial Service Agency (FSA) for its securities token proprietary trading system. ODX aims to bring more liquidity and funding opportunities to securities token operations in the region. ODX […]
Stablecoin issuer Tether has frozen $225 million worth of USDT tokens as part of an investigation into a human trafficking syndicate in Southeast Asia. The United States Department of Justice (DOJ) collaborated with Tether and crypto exchange OKX to freeze the funds, which were used by a crime syndicate involved in a romance scam. The […]
