Binance plans to buy FTX’s non-U.S. operations in latest crypto bailout

Binance plans to buy FTX’s non-U.S. operations in latest crypto bailout

The deal is the latest emergency rescue in the world of cryptocurrencies this year, as investors pulled out from riskier assets amid rising interest rates The deal is the latest emergency rescue in the world of cryptocurrencies this year, as investors pulled out from riskier assets amid rising interest rates Crypto giant Binance signed a […]

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U.S. federal prosecutors sought records on Binance CEO Changpeng Zhao for cryptocurrency money laundering probe

U.S. federal prosecutors sought records on Binance CEO Changpeng Zhao for cryptocurrency money laundering probe

A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators U.S. federal prosecutors asked Binance, the world’s […]

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Cryptocurrency Binance WazirX India Enforcement Directorate probe money laundering crypto

Cryptocurrency Binance WazirX India Enforcement Directorate probe money laundering crypto

The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX After India’s Enforcement Directorate (ED) issued orders to freeze ₹64.67 crores worth of crypto exchange […]

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Investors fear loss after ED probes WazirX, many opt for withdrawal

Investors fear loss after ED probes WazirX, many opt for withdrawal

Twenty-four-year-old Akshay Golellu, a cryptocurrency investor has withdrawn his digital assets from WazirX, India’s largest cryptocurrency exchange. “I didn’t want to risk my hard-earned savings. It could be just a matter of time before we won’t be able to withdraw or deposit, especially with the authorities taking action against the company.” He sums up the […]

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Investors fear loss after ED probes WazirX, many opt for withdrawal

After ED investigation, Binance CEO Changpeng Zhao denies WazirX ownership

Indian cryptocurrency exchange WazirX is in hot water again after Binance, the world’s largest crypto exchange, claimed that it “does not own any equity in Zanmai Labs’, the entity operating WazirX. Binance issued the statement hours after the Enforcement Directorate (ED) on Friday said it had frozen bank balances of Rs 64.67 crore belonging to […]

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Crypto sector hit by a security exploit draining over 8,000 Solana wallets

Crypto sector hit by a security exploit draining over 8,000 Solana wallets

Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Cryptocurrency traders who invested in Solana, the ninth biggest blockchain by market cap, were alerted today to an alleged security exploit which saw thousands of wallets being drained of […]

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