Exchanges

Sony Group, a powerhouse in Japan, has recently made waves in the cryptocurrency world with its acquisition of Amber Japan. This strategic move will see Sony taking over the reins of Amber Japan’s WhaleFin exchange, which will undergo a transformation and be rebranded as S.BLOX Co. The revamp will not only include a fresh UI

Kraken founder Jesse Powell recently made headlines by announcing a $1 million donation, primarily in Ethereum, to former US President Donald Trump’s re-election campaign. Powell justified his donation by stating that it was intended to help the US maintain its leadership in blockchain technology. He expressed his excitement to support the only pro-crypto major party

FTX, a company that collapsed in November 2022, has been granted approval by a US bankruptcy court to solicit votes on a liquidation plan that pays customer claims in cash. The plan, which determines payments based on crypto prices at the time of FTX’s collapse, has stirred controversy among customers who seek higher amounts due

A federal judge in California has put doubt on Kraken’s efforts to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC). Reports suggest that Judge William Orrick indicated that he is likely to deny Kraken’s request as the exchange presented its case for dismissal. The judge mentioned that it was “plausible” that

Binance, the leading cryptocurrency exchange in the world, has recently come under fire in India for non-compliance with Anti-Money Laundering (AML) regulations. The country’s Financial Intelligence Unit (FIU) imposed a hefty fine of 188.2 million Indian Rupees (approximately $2.2 million) on Binance for violating the Prevention of Money Laundering Act (PMLA). Despite the exchange’s attempts

Traveling with cryptocurrency can be a convenient payment method for the well-traveled individual, but it also comes with its own set of challenges. One of the key considerations when traveling with crypto is safeguarding your digital wallet. Keeping your funds secure while on the move is essential to avoid any potential risks or losses. When

A federal high court in Nigeria recently dismissed a human rights lawsuit filed by Binance executive Nadeem Anjarwalla against the National Security Adviser and the Economic and Financial Crimes Commission. The dismissal came on June 19, with Justice Inyang Ekwo citing Anjarwalla’s lack of legal representation as the primary reason for the decision. Anjarwalla, a

In a recent incident, blockchain security firm CertiK uncovered a critical vulnerability in the deposit system of popular crypto exchange Kraken. This flaw allowed for the potential fabrication of deposit transactions and withdrawal of funds that were not legitimate. CertiK’s investigation began on June 5, and they found that the deposit system failed to differentiate

Brazil’s Special Department of Federal Revenue is taking steps to enforce compliance with local regulations by collecting information from foreign crypto exchanges. The tax department will be closely monitoring how these exchanges interact with local service providers and whether they are meeting the requirements set forth in regulations implemented in 2019. Deputy Secretary of Inspection

The aftermath of the FTX collapse has brought forth a new legal battle over millions of dollars in assets seized from Sam Bankman-Fried (SBF), the former CEO currently serving a 24-year prison sentence. Multiple parties are now seeking control of the assets seized from SBF and former FTX executives. These assets range from airplanes to