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Justin Sun rumored to be selling his Huobi Exchange shares

0xMain
April 1, 2023

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Sources have it that Justin Sun, the inventor of Tron, is in talks to sell some of his holdings in Huobi Global, a crypto exchange. Last year, Justin Sun paid $1b for the crypto exchange after Hong Kong-based investment company About Capital, managed...

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Bitget customer accuses exchange of stealing $200k from account

0xMain
March 31, 2023

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An aggrieved customer has accused crypto exchange Bitget of theft and stated that the platform moved to freeze their account. Bitget accused of theft A Bitget customer with username “EvanLuthra” took to Twitter on March 31, 2023 to label the crypto exchange a...

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Huobi exchange inks partnership deal with Copper

0xMain
March 24, 2023

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Huobi and Copper have partnered with Copper to join the ClearLoop Network. The integration will make it possible for the institutional clients of both firms to delegate capital for trading on Huobi while their assets remain under Copper’s secure custody. Huobi, the world’s...

Crypto venture capitals focus on DeFi as INNODEX builds a hybrid, decentralized exchange

0xMain
March 20, 2023

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While concerns over the banking crisis in the United States, following the bankruptcy of Silicon Valley Bank (SVB), have not subsided, distrust in the traditional financial system appears to support crypto assets. On Mar. 15, Galaxy Digital CEO, Mike Novogratz said with the...

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Solana’s leading crypto exchange Orca to block access for US users

0xMain
March 18, 2023

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The leading decentralized exchange on the Solana (SOL) blockchain, Orca, will prohibit users from the United States from trading coins on its front-end website effective March 31. On March 16, 2023, Orca announced via its official website that it was adding the United...

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Tel Aviv stock exchange considers facilitating crypto trading

0xMain
March 1, 2023

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The Tel Aviv Stock Exchange has published a proposal to allow non-banking members (NBMs) to safely offer their customers bitcoin (BTC) and altcoins trading services. To make it easier for non-bank institutions based in Israel and registered under its umbrella to offer their...

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Huobi seeking Hong Kong license to launch local exchange

0xMain
February 20, 2023

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Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023,...

Binance CEO says crypto exchange will withdraw from potential US investments

0xMain
February 18, 2023

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As US financial regulators intensify their crackdown on crypto companies, Binance CEO Changpeng “CZ” Zhao has stated that his company will hold off on plans for prospective investments in the country. In a tweet sent on Feb. 17, Mr. Zhao, better known as...

South Korean regulators launch a new investigation into crypto exchange Bithumb

0xMain
January 12, 2023

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South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into...