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Ukraine, US Shut Down 9 Cryptocurrency Exchanges

Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from…

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Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers…

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Binance Reportedly Removes Restrictions on Russian Users

The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to…

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NBA Hall of Famer Shaq Served in FTX Investor Suit

A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along…

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Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape

Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.

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Banking crisis could spark the first ‘extended duration Bitcoin bull market,’ says Swan Bitcoin CEO

The next BTC bull market will last longer than previous ones due to the latest banking crisis, according to Swan Bitcoin CEO Cory Klippsten.

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German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to…

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Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that…

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Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report

Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and…

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