FTX Reportedly Pays $120M in Consulting Fees
Between February 1 and April 30, the collapsed FTX exchange spent a total of $121.8 million on consulting and financial services.
Wyre Announces it is Closing its Business
After ten years of operation, US crypto payment company Wyre has announced it is shutting down due to harsh bear market conditions.
FDIC Accuses Crypto Exchange OKCoin of Misleading its Customers
The FDIC has accused OKCoin of making misleading statements about deposit insurance.
Binance Leaves the Netherlands
Binance is leaving the jurisdiction of the Netherlands as the exchange is unable to obtain a virtual asset service provider (VASP) license from the local regulator.
Texas Regulator Orders Digital Asset Platform Abra to Cease Operations
The Texas Securities Board (USA) has issued an order for Abra to cease operations immediately due to accusations of securities fraud.
Number of Subscribers to Bitcoin and Ethereum Subreddits Hits a New Record
The subscriber base of the premier Reddit crypto communities – r/Bitcoin and r/Ethereum – has surged to a record of 7 million users.
Binance Files to Revoke Registration in Cyprus
Binance has filed an application with the Cyprus Securities and Exchange Commission (CySEC) to withdraw its registration.
