Paxful Announces it is Shutting Down
Bitcoin peer-to-peer marketplace Paxful is ceasing its operations and may not return.
Gary Gensler: The SEC Needs More Funds to Fight Crypto Scammers
He has urged for additional funding to the SEC in order to fight these crimes and allocated funds to hire cyber threat specialists in 2023, who specialize in blockchain-related crime.
FTX’s ExCEO Pleads Not Guilty to Bribing Chinese Official
Sam-Bankman-Fried, the founder of FTX, has pled not guilty to the new criminal charges brought against him by the US government.
Coinbase Plans to Get Licensed in Canada
Coinbase is in negotiations with Canadian regulators to gain a license in order to continue their operations within the country.
SEC Files Charges Against Crypto Exchange Beaxy
The SEC has accused crypto trading platform Beaxy, its founder Artak Hamazaspyan, and Beaxy Digital of unregistered activities as a securities exchange, broker and clearing agency.
FTX’s EU Division Launches Site to Return Funds to European Users
FTX EU has launched a website for its European customers to submit withdrawal requests.
UK Plans to Tighten Crypto Regulation
These measures include reducing fraud, money laundering, combating kleptocracy, and curbing opportunities to evade sanctions.
Gemini Intends to Launch Internationally Oriented Crypto Derivatives Platform
Gemini is reportedly planning to launch an international crypto derivatives platform.
ZeroSync Will Launch Tools to Scale the Bitcoin Blockchain
The ZeroSync Association is working on tools utilizing zero-knowledge proofs (ZKP) to scale the Bitcoin blockchain.
Belarus Extends Tax Benefits for Crypto Industry for 2 Years
Aleksandr Lukashenko, the president of Belarus, has signed a decree which extends the tax preferences in the cryptocurrency sector until January 1, 2025.
Mike Novogratz Believes Cryptos and Blockchain Will Help Fight Cyber Threats
Mike Novogratz, CEO of Galaxy Digital, believes that with the help of digital currencies and blockchain technology, we can combat the threats posed by artificial intelligence.
Report: Crypto Funds Receive $160M in Investments in a Week
Last week, institutional investors pumped $160 million into crypto funds, according to CoinShares’ report.
