The Hong Kong Police has detained four more persons suspected to be connected to the JPEX crypto exchange fraud case. During a press conference held on Friday, September 29, 2023, it was announced that two of the suspects...
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have completed a collaborative experimental test focused on cross-border trading and settlement involving wholesale central bank digital currencies (CBDCs). According to a report...
Binance, on Thursday, September 28, 2023, announced that there would be a brief interruption of euro (EUR) payments due to Paysafe's unilateral decision "to stop processing EUR deposits" for the exchange's users. The exchange stated that Paysafe users...
Popular cryptocurrency exchange Kraken has marked a significant stride in its European expansion drive. On September 26, 2023, the exchange announced that it had secured licencing approvals from the Central Bank of Ireland and the Bank of Spain....
Binance is bidding farewell to the Russian market, selling its business subsidiary in the nation to CommEX. While this exit process will unfold over the next year, Binance has assured its Russian users that their funds will remain...
Taiwan's Financial Supervisory Commission (FSC) has released comprehensive guidelines for cryptocurrency platforms operating in the country in a move towards bolstering regulatory oversight of the crypto industry. The guidelines, published on September 26, 2023, underscore a commitment to...
Bitcoin Ordinals creator Casey Rodarmor has proposed the creation of a new fungible token protocol called "Runes" as an alternative to existing protocols, including the BRC-20 standard. In a blog post published on September 25, 2023, Rodarmor expressed...
Before DeFi, traditional finance (TradFi) institutions took deposits from ordinary individuals and lent them to those who could leverage them for economic initiatives that could unlock more profit-earning opportunities. Part of the wealth generated from this process was...
Feng Xiaodong, the founder of Mixin, a decentralized wallet service that recently fell victim to a $200 million hack, revealed in a public livestream on September 25, 2023, that the protocol can currently only guarantee the safety of...
In a significant move tied to its 10th anniversary celebrations, Huobi, one of the world's top cryptocurrency exchanges, has undergone a comprehensive rebranding. The exchange will now be known as HTX, reflecting its revamped strategy under the new...
