It is evident from recent reports that the Venezuelan government has restricted access to Binance’s website in the aftermath of the controversial presidential election results. Not only is Binance affected, but several other websites belonging to companies from various industries in Venezuela have also faced similar access restrictions. This move by the government raises concerns
Exchanges
Coinbase, a leading cryptocurrency exchange, has taken a strong stance against the US Commodities Futures Trading Commission (CFTC) proposal that could potentially impact prediction markets such as Polymarket. By criticizing the broad and unclear definition of “gaming” in the proposal, Coinbase’s Chief Legal Officer, Paul Grewal, argues that the proposal goes beyond the Commission’s statutory
Tyler Winklevoss, co-founder of Gemini, has raised concerns about the implications of Operation Chokepoint 2.0 following the US Federal Reserve’s recent actions against Customers Bank. The regulatory move was prompted by allegations that the bank had violated several financial regulations, including the Bank Secrecy Act and Anti-Money Laundering laws, due to its involvement with digital
BTSE recently made waves in the crypto world with the announcement of the launch of BTSE Dex 2.0. This new release comes with exciting features that promise to revolutionize decentralized trading. One of the key highlights of BTSE Dex 2.0 is its cross-compatibility for Ethereum Virtual Machine-based chains, opening up a whole new world of
WazirX recently made headlines with the announcement of the full restoration of user balances and the reversal of trades conducted between July 18 and July 21. This decision comes in the aftermath of a $230 million attack that shook the platform on July 18, resulting in the suspension of withdrawals to prevent further damage. In
The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s motion to compel additional discovery in their ongoing legal dispute. The SEC argues that Coinbase’s requests for documents are irrelevant and overly burdensome. In their filing on Aug. 5, the SEC stated that the documents sought by Coinbase are not essential
Binance CEO Richard Teng recently shared that the exchange experienced record inflows and one of its highest trading volumes for the year. In a statement, Teng mentioned that amidst the macroeconomic climate and a market downturn, Binance recorded a net inflow of $1.2 billion in just 24 hours. This data was sourced from DefiLlama’s CEX
In a surprising turn of events, the Solana network has outpaced Ethereum in monthly decentralized exchange (DEX) volume for the month of July. According to DefiLlama data, Solana’s DEX transactions reached $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This marks a significant milestone for Solana, as it secures its position in the
Bybit, a popular crypto exchange, has recently announced the termination of its operations in France due to regulatory issues. The exchange cited new regulatory developments from the French authorities as the reason behind this decision. The ongoing licensing issues have forced Bybit to temporarily halt its services in the country. This move has been met
Recently, there have been accusations made against the popular crypto exchange Coinbase regarding potential breaches of campaign finance laws. These claims were brought forward by crypto researcher Molly White, who raised concerns about the platform’s $25 million donation to Fairshake, a crypto Super PAC. White suggested that this donation may have violated campaign finance rules,
