Auto Added by WPeMatico

Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it…

Continue ReadingKevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed

10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e

A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for…

Continue Reading10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision…

Continue ReadingSouth Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause…

Continue ReadingReport: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets

The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized…

Continue ReadingTurkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets

Russia Prepares to Create Government-Controlled Crypto Exchange

Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state…

Continue ReadingRussia Prepares to Create Government-Controlled Crypto Exchange

Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin

Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing a license…

Continue ReadingAustrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin