Kraken, a cryptocurrency exchange based in the United States, has announced that it will stop operating in Japan and deregister from the Financial Services Agency on January 31, 2023. The company cited the current "weak crypto market" as one...
Sam Bankman-Fried, the former CEO of the now-bankrupt FTX crypto empire, was extradited from the Bahamas to the U.S. this week to face fraud charges and the illegal movement of customer funds. After his extradition was approved on Wednesday,...
OpenSea, a marketplace for non-fungible tokens (NFTs), has barred artists and collectors from Cuba, citing U.S. sanctions as the main reason for this action. According to the terms of service for the OpenSea marketplace, users and individuals from sanctioned...
Over the next three years, G-Rocket, a startup accelerator co-founded by Hong Kong Legislative Council members Jonny Ng Kit-Chong and Casper Wong in 2016, plans to attract 1,000 Web3 companies to the city. As part of Hong Kong's efforts...
Since the FTX crash, Binance, a leading global cryptocurrency exchange, has had to deal with fear, uncertainty, and doubt (FUD). In response to the FUD, Binance released a blog post in Chinese on December 22 that addressed seven key...
Binance Labs, the investment division of the crypto exchange Binance, has reportedly achieved a historical return on investment of up to 2,100%. According to a recent blog post, the total assets under the firm's management have reached $7.5 billion. ...
OKX, a cryptocurrency exchange known for its high trading volume, has just released its second Proof-of-Reserves (PoR) report. This report allows users to verify that OKX has sufficient assets to cover customer withdrawals. According to the report released on...
The Securities and Exchange Commission (SEC) has announced in a press release that Dan Berkovitz, the General Counsel of the United States Securities and Exchange Commission (SEC), will be leaving the agency, effective January 31st, 2023. Megan Barbero, Principal...
FTX Group has requested that an American bankruptcy judge in the District of Delaware intervene in an international dispute involving more than $440 million in Robinhood Markets shares linked to Alameda Research. The exchange, led by new CEO John...
Three digital asset companies have received warnings from the Philippine Securities and Exchange Commission. The companies include GameLoot, PH-IGM, and Vertex Evo Trading. The Securities Commission pointed out that these firms had violated the securities laws in the country. ...
