Category: Exchange News
Kraken’s Motion to Dismiss SEC Lawsuit Denied by Judge
On August 23, 2024, U.S. District Judge William H. Orrick denied crypto exchange Kraken’s motion to dismiss a lawsuit filed by the Securities and Exchange…
Australian Court Sides With Regulator In Case Against Kraken
Kraken was found guilty of providing its product without conducting a target market determination and operating a credit facility in Australia. The ASIC, the regulator…
WazirX to Resume INR Withdrawals on August 26 Following Security Breach
India-based cryptocurrency exchange WazirX has announced that it will resume Indian rupee (INR) withdrawals starting August 26, 2024. This comes in the wake of a…
Russia Set to Launch Two Crypto Exchanges to Power Global Trade
Russia is set to launch crypto exchanges in Moscow and St. Petersburg, aimed at enhancing foreign trade. The new exchanges will initially target to large…
Binance CEO Announces 1,000 New Hires Amid U.S. Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, is set to hire 1,000 new employees this year, with a significant portion of these roles focused on compliance.…
Mt. Gox Transfers $709M in Bitcoin to Unknown Wallet
On Tuesday night, Mt. Gox transferred 12,000 Bitcoin, valued at $709.44 million, to an unknown wallet address, according to blockchain analytics firm Arkham. The transaction…
Bybit Is Now a Registered VASP in Argentina
The Financial Information Unit registered Bybit to operate in Argentina and will oversee the exchange’s compliance with financial laws. Crypto is adopted well in the…
WazirX Restores Balances After $234M Hack, Withdrawal Timeline Unclear
Nearly a month after a massive hack led to the loss of $234 million from WazirX’s Safe Multisig wallet, the Indian crypto exchange has restored…
Turkey Sees a Surge in Crypto Licenses as New Regulations Spark Industry Interest
Turkey’s new crypto legislation has sparked an influx of 47 license applications. 76 crypto exchanges, including Coinbase and KuCoin, have applied for licenses in Turkey.…
