Exchanges

The US and UK governments have initiated a collaborative investigation into crypto transactions exceeding $20 billion that are suspected of breaching Russian sanctions. These transactions are believed to have been funneled through the Russian crypto exchange, Garantex, as a means to evade international sanctions and potentially fund military endeavors in Ukraine. Despite facing comprehensive sanctions,

The recent criminal charges levied against KuCoin by US authorities have resulted in a significant surge in withdrawal requests from the platform. Data from various on-chain analytics firms such as DefiLlama, Nansen, and SpotOnChain indicate that traders across different categories, including whales, funds, smart money, and market makers, have been withdrawing their assets en masse.

The recent announcement of criminal charges against KuCoin by the US Department of Justice (DOJ) has raised concerns among users and investors. However, despite the allegations of flouting anti-money laundering (AML) laws, KuCoin CEO Johnny Lyu has reiterated that the platform’s operational stability will not be affected. In a statement on social media, Lyu reassured

In a shocking turn of events, it has come to light that Nadeem Anjarwalla, an executive at Binance, has managed to escape custody in Nigeria. This development has sent shockwaves through the cryptocurrency community, raising concerns about the safety and security of employees at the exchange. The Nigerian authorities have levied serious charges of tax

The Solana community and the broader crypto ecosystem were shocked and appalled by the recent proliferation of inflammatory memecoins on March 22nd. These unknown actors utilized Solana’s token creation feature to introduce thousands of memecoins with racist, antisemitic, and anti-China terminology in their names. These tokens also contained other offensive material, sparking outrage and condemnation

BlackRock, a prominent asset management firm, has chosen Coinbase as the primary infrastructure provider for its innovative tokenized investment fund, known as the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund is designed to provide investors with a stable value of $1 per token, along with daily accrued dividends that are directly deposited into

BitMEX, one of the prominent cryptocurrency exchanges, recently found itself embroiled in an investigation surrounding “a user selling large orders” on its Bitcoin spot market. The incident saw more than 400 BTC being unloaded on the exchange, causing the price of Bitcoin to plummet by a staggering 87% to $8900 before recovering to its actual

The recent decision by crypto exchange OKX to delist Tether (USDT) pairs in the EU and only support USDC and euro-based pairs has raised concerns among users in the region. This move, which was communicated to customers on March 18, comes in the wake of the EU releasing draft technical standards related to stablecoins. According

In a bold move, Binance spun off its $10 billion venture capital arm, Binance Labs, into an independent entity, breaking away from the group’s umbrella supervision. This shift went unnoticed by many until Bloomberg shed light on it in a report on March 15. The disclosure was made apparent on Binance Labs’ website in late

The recent case involving FTX founder Sam Bankman-Fried (SBF) has sent shockwaves through the financial world. Federal prosecutors have requested a staggering 40 to 50-year prison sentence for SBF, citing his involvement in one of the most significant financial frauds of recent times. The misappropriation of over $8 billion in customer funds paints a picture