Exchange

Binance Joins Association of Certified Sanctions Specialists

January 9, 2023 Bitcoin.com

ACSS

Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the largest trading platform for digital assets joins a club of multinational corporations and financial institutions. Crypto Exchange Binance Seeks Additional Sanctions Training for Its Compliance Team […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

January 8, 2023 Bitcoin.com

2022

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

January 6, 2023 Bitcoin.com

Bear Market

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues

January 6, 2023 Bitcoin.com

Alameda

According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys

January 5, 2023 Bitcoin.com

agreement

Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the largest in South Korea. Italian Serie A Leader Napoli Secures Crypto Sponsorship From […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

January 3, 2023 Bitcoin.com

Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675 billion to Genesis. Silbert, however, responded on social […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

December 28, 2022 Bitcoin.com

Assets

A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather than the failed company. Customers […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

December 21, 2022 Bitcoin.com

Alexander Vinnik

The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform. Vinnik’s Defense Appeals for His Release on […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch

December 16, 2022 Bitcoin.com

Bitcoin

Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles. Hong Kong Debuts Bitcoin and Ether Futures ETFs Amid Crypto Winter Two ETFs tracking […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

December 14, 2022 Bitcoin.com

Arrest

Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations. $3 Billion Pulled Out From Binance at Peak, Nansen Data Shows Binance, the world’s largest […]

Read more

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption