Bybit halts USD bank transfers citing partner outages
Dubai-based Bybit is the latest crypto exchange to suspend USD wire transfers claiming partner disruptions.
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Binance launches anti-scam campaign after Hong Kong pilot run
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.
Coinbase announces acquisition of One River Digital Asset Management
As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset…
FTX presentation shows ‘massive shortfall’ in firm’s assets
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO.
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
The multi-chain bridge aims to provide a decentralized alternative to centralized exchanges by enabling cross-chain transactions by self-custodied token holders.
Coinbase CEO reiterates that ‘staking’ products aren’t securities
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations.
Former FTX Director to reportedly plead guilty to fraud charges
Nishad Singh has reportedly agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy…
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance.
Texas objects to Voyager-Binance.US deal, court filing shows
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors.
FTX Japan allows total withdrawal of funds — users rejoice the ‘escape’
Numerous community members received their funds as FTX investors in other countries remain hopeful of a similar outcome.
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