In a shocking turn of events, Binance CEO Changpeng Zhao, commonly known as CZ, has reportedly pled guilty to violating U.S. anti-money laundering requirements. This startling news comes alongside reports that Binance itself will also plead guilty to money laundering violations. As a result, CZ will be stepping down from his role at the exchange,
Exchanges
Bittrex Global, a popular cryptocurrency exchange, recently delivered a significant blow to its users by revealing its decision to wind down most of its operations. This unexpected announcement has left many customers feeling disappointed and inconvenienced. As of December 4th, Bittrex Global will disable all trading activity on its platform and terminate its client relationships.
The South Korean National Pension Service (NPS) has made a significant profit of 40% from its recent investment in Coinbase, a leading cryptocurrency exchange based in the United States. This comes as a surprise, as the NPS typically avoids direct investments in cryptocurrencies due to their volatile nature. Instead, the fund seeks exposure to the
