Huobi Founder in Talks to Sell Majority Stake at $3B Valuation: Report
The deal could be one of the biggest in the crypto industry, netting Li over $1 billion at an equity valuation of around $3 billion. Huobi Founder Eyeing $1B Exit...
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India Investigates Ten Crypto Exchanges For Laundering Over $125 Million
India’s Enforcement Directorate is conducting an investigation against ten cryptocurrency exchanges allegedly involved in laundering more than 1 billion rupees, equivalent to more than $125 million in digital currency. According…
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to…
German Crypto Exchange Nuri Files for Insolvency
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s…
German Crypto Exchange Nuri Applies for Insolvency Due To The Crypto Winter
The 2022 crypto winter has claimed a new victim. On August 9, the German cryptocurrency exchange Nuri filed for bankruptcy before the Berlin court due to the prolonged bearish cycle…
Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece
Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S. This week, Greek authorities proceeded with the extradition,…
Huobi gets green light as exchange provider in Australia
Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia.
Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says
If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France…
Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters…
Troubled Crypto Exchange Zipmex Wants Bankruptcy Protection
Southeast Asian cryptocurrency exchange Zipmex submitted several moratorium applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 last Friday on behalf of five of its entities, the…
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