The FTX exchange's subsidiary in Japan has been given an extension of three months to cease operations in the country. The Kanto Local Finance Bureau announced the extension on December 9. The firm's new deadline is March 9,...
Sam Bankman-Fried (SBF), the former CEO of the FTX crypto exchange, has failed to meet the deadline for confirming his attendance at the US Senate Committee hearings. The committee hearing is scheduled for December 14, but the former...
Xumm Wallet, XRP's Ledger wallet, has announced plans to launch on- and off-ramps in France and the United Kingdom. This will enable users in these countries to purchase and sell XRP using their fiat currencies. The company is...
Former FTX CEO Sam Bankman-Fried (SBF) may have played a role in the Terra ecosystem's collapse. The United States Federal Prosecutors are currently investigating the likelihood of the event. According to a report from The New York Times,...
On November 4, 2022, HSBC Global Markets announced the launch of HSBC Orion, a blockchain-based bond tokenization platform. The platform enables the tokenization of digital bonds and currencies for financial institutions and corporations. The product leverages blockchain technology...
Amber Group, a Singapore-based cryptocurrency company, has reportedly put its funding round on hold. The decision was made in response to the fallout from the collapse of the "once-revered" FTX crypto exchange. To reassure users about the safety...
Strike, a global payments network, has partnered with Bitnob, an African payment platform, to launch cross-border payments in Africa. This was announced during the AfroBitcoin Conference in Ghana. A press release was also circulated about the partnership. At...
The BEX Mauritius Block Exchange has become the first-ever cryptocurrency exchange to get licensed for securities trading. The announcement was made public via a press release this morning. In 2020, the Mauritius Financial Services Commission created a framework...
Early this morning, cyn dogelover, a Twitter user, raised the alarm about the reactivation of previously suspended Dogecoin-related Twitter accounts. The user tagged Twitter and Elon Musk to bring the incident to their attention. Billy Markus, the creator...
Swyftx, an Australian cryptocurrency exchange, has laid off 90 employees, accounting for 40% of its workforce. Swyftx announced the development via a press release this morning. The decision was made in response to the decline of the crypto...
