Canada’s Regulator Bans KuCoin and Fines Bybit
The Ontario Securities Commission (OSC) has banned KuCoin and ordered Bybit to pay a fine.
Coinbase to Shut Down its Platform for Professional Traders
Coinbase has announced it will close Coinbase Pro, its platform for professional traders.
Singapore’s Central Bank Will Crack Down on Participants in Crypto Industry
Singapore will “brutally and relentlessly tough” crack down on violations in the cryptocurrency industry.
Binance.US Reportedly Plans to Raise $50M
The US division of crypto exchange Binance intends to raise an additional $50 million.
Cardano Puts Off Vasil Hardfork to July
Cardano developers have put off the activation of the Vasil hardfork in the Cardano network, which was scheduled for June 29.
DeFi Project Chainge Finance Offers to Buy Some Assets from Celsius Network
Chainge Finance has offered lending service Celsius Network options to minimize the damage that “may threaten the Web3 sector and the industry as a whole.”
Arthur Hayes: Bitcoin Will Continue to Fall
BitMEX former CEO Arthur Hayes has said that forced liquidations of positions in the near future will put further pressure on the price of Bitcoin.
