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...
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...
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...
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...
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...
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...
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,...
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 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...