USDT market cap up by $2 billion following Tornado Cash debacle
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.
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Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom.
Binance obtains in-principle approval to operate in Kazakhstan
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai.
Zipmex gets 3 month protection in Singapore amid halted withdrawals
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its…
Indian authorities freeze more crypto funds over money laundering allegations
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country.
FTX partners with Paradigm for ‘one-click’ futures spread trading
The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies.
Brazilian payment app PicPay launches crypto exchange with Paxos
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some…
Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
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