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10 Jun 23

Nigeria SEC declares Binance operations in country illegal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world’s largest crypto trading platform Binance, illegal. According to a statement released on the SEC’s website on July 9, Binance has been promoting […]

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22 May 23

Hotbit suspends operations, citing unfavorable market conditions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Сrypto exchange Hotbit is shutting down due to unfavorable market trends and deteriorating operating conditions, making it impossible to remain in business. Hotbit users are advised to withdraw their assets from the platform before June 21. Hotbit, a Hong Kong-based bitcoin […]

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12 May 23

Paxful bans former CEO days after resuming operations

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Paxful, a peer-to-peer (P2P) crypto trading platform, has banned its co-founder and former CEO, Ray Youssef. Paxful drama unfolds This development comes just days after the company announced its return to operations. In response to a customer complaint, Youssef revealed that […]

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11 May 23

National Blockchain Technology Innovation Center begins operations in Beijing

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a significant stride toward blockchain technology advancement, the National Blockchain Technology Innovation Center, announced earlier this year by the Chinese government, has officially commenced operations in Beijing on May 10th. The National Blockchain Technology Innovation Center in China, initially announced […]

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04 May 23

Celsius’ claims separation of US and UK operations was ‘sham’

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to newly filed documents, defunct crypto lender Celsius Network seeks to merge its UK and US operations, claiming their separation was a “sham.” The operations that allowed the transfer of billions of dollars in assets between the two were likely fraudulent, according […]

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26 Apr 23

SushiSwap streamlines operations for long-term success

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SushiSwap head chef Jared Grey stated on Twitter that the bug in SushiSwap RouterProcessro2 is now fixed, users have been funded, and his team is focusing on long-term viability. According to a thread on Twitter on April 26, Jared Grey, the […]

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21 Apr 23

Gemini to open engineering and operations center in India

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has announced its plans to expand its engineering and operations offices in Gurgaon, India. The exchange is utilizing India’s history of superior engineering to hasten the creation of next-generation web and mobile experiences. Gemini to tap into India’s engineering talent […]

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08 Apr 23

dYdX winds down Canada operations, more exchanges exit North America markets

The decentralized derivatives exchange, dYdX, announced on April 7 that it would no longer provide its services in Canada. As of April.7, the registration of new users was disabled. Current users can continue trading on the dYdX platform for the next week. After the April 14, they can only exit their current positions. However, withdrawals will […]

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05 Apr 23

Dubai dives deeper into Binance’s operations for licensing

Dubai’s world trade centre authority has requested additional information from crypto firms, including Binance, applying for operating licenses in the emirate, highlighting its commitment to creating a secure and well-regulated environment for the growing digital asset sector. In recent news, the Dubai world trade centre authority (DWTC) has requested further information from cryptocurrency firms, including […]

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01 Apr 23

Bittrex to shut down US operations, cites regulatory challenges

Bittrex, one of the oldest cryptocurrency exchanges in the United States, stated on Mar. 31 that it would be shutting down its operations owing to the “regulatory and economic climate” in the nation. While winding down operations in the United States, the official statement claims that customers’ money will continue to be safe and accessible […]

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