Taiwan Files New Charges Against ACE Crypto Exchange

Taiwan Files New Charges Against ACE Crypto Exchange

Taiwanese authorities have taken decisive action against the founder of ACE Crypto Exchange, David Pan, and 31 other individuals, filing new charges related to money laundering and fraud. The Allegations: In the latest development, Taiwanese prosecutors have indicted David Pan, along with 31 other suspects, on charges of money laundering and fraud. The charges stem…

CoinEx to Compensate Customers with Stolen $70 Million in Crypto

CoinEx to Compensate Customers with Stolen $70 Million in Crypto

CoinEx, a cryptocurrency exchange that recently fell victim to a suspected $70 million theft by North Korean hackers, has made a groundbreaking announcement. The exchange has vowed to fully compensate affected customers and restore deposit and withdrawal services for a wide range of cryptocurrencies, including Bitcoin, Ethereum, USDT, USDC, TRX, LTC, BCH, DOGE, SHIB, and…

Brave Partners with ZebPay to Expand Crypto Rewards in India
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Brave Partners with ZebPay to Expand Crypto Rewards in India

In an exciting development for cryptocurrency enthusiasts in India, Brave Browser has announced a strategic partnership with ZebPay, one of India’s leading cryptocurrency exchanges. This collaboration brings a new custodial account provider option to Brave Rewards users in India, enhancing their crypto journey. Available in Brave version 1.58 on both desktop and Android, this partnership…

FTX Exchange Gearing up for Revival with a New Name and Fresh Prospects

FTX Exchange Gearing up for Revival with a New Name and Fresh Prospects

 The Re-emergence of FTX Exchange – a Fresh Start? As the world of cryptocurrency continues to evolve and make strides, exciting news surfaces from FTX, one of the renowned crypto exchanges. According to trusted information from the Wall Street Journal, the present CEO of FTX appears to be making proactive steps towards breathing new life…

OKX Crypto Exchange, Suspends Services for Japanese Residents

OKX Crypto Exchange, Suspends Services for Japanese Residents

OKX, the second largest offshore cryptocurrency exchange, has announced the suspension of its services for residents of Japan. The exchange’s mobile application displays a message stating, “Due to local laws in Japan, you cannot use OKX Exchange products.” This decision is likely a response to regulatory pressure from the Japan Financial Services Agency (FSA), as…

BlackRock Nears Filing for Bitcoin ETF
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BlackRock Nears Filing for Bitcoin ETF

The cryptocurrency market, BlackRock, the world’s largest asset manager, is reportedly on the verge of submitting an application for a Bitcoin ETF (exchange traded fund). According to a recent report by CoinDesk, BlackRock will leverage the services of Coinbase Custody, a leading cryptocurrency custody provider, for its ETF, while relying on the spot market data…

Hotbit Exchange Suspends Operations, Urges Users to Withdraw Assets

Hotbit Exchange Suspends Operations, Urges Users to Withdraw Assets

Hotbit, a popular cryptocurrency exchange with over 5 million users, revealed the suspension of its operations. The exchange cited the deterioration of its operating conditions as the primary reason behind the decision. Hotbit’s management team was compelled to suspend operations for several weeks due to an ongoing investigation initiated in August 2022. Users have been…

Coinbase Launches Coinbase One: All-in-One Subscription

Coinbase Launches Coinbase One: All-in-One Subscription

Coinbase, one of the leading cryptocurrency exchanges, has introduced Coinbase One, an all-in-one subscription service designed to meet the needs of crypto users. Coinbase One is an automatically renewing subscription service offered by Coinbase, enabling users to enjoy a range of exclusive benefits. Designed with the goal of simplifying and enhancing crypto management, Coinbase One…

Coinbase considers UAE as a potential for its cryptocurrency exchange

Coinbase considers UAE as a potential for its cryptocurrency exchange

Coinbase, a US-based cryptocurrency exchange, is considering the United Arab Emirates (UAE) as a potential hub for its international operations. The exchange’s CEO, Brian Armstrong, and some of the firm’s executive team have met with regulators in Dubai and Abu Dhabi to discuss the potential of the UAE as a strategic hub for international operations. Coinbase is considering using the UAE as…

U.S. Justice Department Investigating Binance for Sanctions Violations

U.S. Justice Department Investigating Binance for Sanctions Violations

The national security division of the United States Department of Justice has initiated a probe into Binance, the world’s largest cryptocurrency exchange, for possible violations of U.S. sanctions related to Russia’s invasion of Ukraine. The investigation is specifically looking into whether Binance permitted Russian customers to access its platform in breach of the sanctions, according…