crypto exchange

Anton Shkurenko, the co-founder of the now-defunct Russian cryptocurrency exchange Bitzlato, spoke out against money laundering allegations made by U.S. and EU authorities. Despite being briefly detained by police in Moscow for an ID check, Shkurenko denied any active criminal cases...

Leading cryptocurrency exchange Kraken has agreed to discontinue its staking operations as part of a settlement with the U.S. Securities and Exchange Commission (SEC), Coindesk reported on Thursday, citing a source familiar with the matter. The settlement was reportedly approved during a private...

Major cryptocurrency exchange Kraken is currently under investigation by the U.S. Securities and Exchange Commission (SEC) over claims that it broke securities rules related to offerings made to American clients. Citing an anonymous source, Bloomberg reported the SEC probe was in its...

Cryptocurrency exchange FTX, which was hit by a major hack in November 2022 (estimated at more than $600 million), has sought the help of cybersecurity company Sygnia to secure its environment. John J. Ray III, the new CEO of FTX, revealed the situation during bankruptcy court proceedings...

The co-founder of Bitzlato, a Hong Kong-based crypto exchange that faced money laundering charges and had its servers seized in an international operation, has announced that the company plans to resume operations and allow partial withdrawals. Anton Shkurenko stated in a Russian YouTube interview...

Offices of South Korean cryptocurrency exchange Bithumb were searched by law enforcement officials on Thursday, as part of an ongoing investigation into potential price manipulation of a specific coin listed on the platform. The coin in question had not been publicly identified yet, according...

The U.S. Securities and Exchange Commission (SEC) is investigating traditional Wall Street investment advisers that may be offering digital asset custody services to clients without the proper qualifications. The SEC's investigation has been ongoing for several months but has accelerated...

Cryptocurrency exchange FTX was seeking to subpoena several individuals, including the immediate family of co-founder Sam Brinkman-Fried, to investigate the alleged misappropriation of funds. In a legal filing made on Wednesday, FTX's lawyers stated Bankman-Fried's brother,...

Stablecoin issuer Circle (CRYPTO: USDC) has stated that the Securities and Exchange Commission is to blame for the failure of its $9 billion plans to go public through a SPAC deal. What Happened: The group abandoned listing plans in December, telling the Financial Times that the deal fell...

Crypto giant Binance reportedly processed almost $346 million in Bitcoin (CRYPTO: BTC) for the Bitzlato digital currency exchange, the founder of which was arrested by U.S. authorities last week for allegedly running a "money laundering engine," according to blockchain data,...

Binance (CRYPTO: BNB), the largest cryptocurrency exchange in the world, made a mistake by keeping cryptocurrencies that are used as collateral for some of its crypto assets in the same wallet as funds belonging to its customers, Bloomberg reported, citing an official Binance spokesperson. The...

A townhome in Washington D.C. owned by Sam Bankman-Fried, the co-founder of crypto exchange FTX, has been put on the market for $3.28 million. What Happened: This property was part of a larger collection of nearly $700 million in assets, which included cash and shares of Robinhood Markets Inc...

Former FTX CEO Sam Bankman-Fried has pleaded not guilty to eight charges in a New York federal court, related to the collapse of his exchange and hedge fund Alameda Research, CNBC reported. The charges include conspiracy to commit wire fraud and securities fraud, individual charges of securities...

Fidelity Investments, a $4.5 trillion asset management company, has filed three trademark applications with the United States Patent and Trademark Office (USPTO) for a variety of Web3 goods and services, including an NFT marketplace and a crypto trading platform in the metaverse. The applications,...

OKX, the world’s second-largest crypto exchange by trading volumes, has released its second proof-of-reserves (PoR) report to prove that it has enough assets to handle customer withdrawals. As of Tuesday at 12:00 UTC, OKX's wallets had 113,754 Bitcoin (CRYPTO: BTC), worth $1.87 billion,...