Troubled cryptocurrency exchange Zipmex has filed for a two-month extension to its moratorium agreement to the Singapore court, according to an announcement. Source
Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
Tag: Exchange
Crypto Exchange Bybit Opens Global Headquarters in Dubai
The exchange has expressed its commitment to building a diverse and dynamic team both in Dubai and globally. Cryptocurrency exchange Bybit has opened its global headquarters in Dubai, with plans to strengthen its presence in the Middle East and North Africa (MENA) region. The firm’s corporate headquarters occupies an entire floor at One Central, Dubai World Trade Centre with an open space of 16,000 square feet. 👉🏻 Join our Dubai HQ Opening Celebration here: https://t.co/syICipGF4x — Bybit (@Bybit_Official) April 18, 2023 Bybit is among the first exchange services to receive…
Crypto Exchange Luno to Withdraw From Singapore
CryptoX – Cryptocurrency Analysis and News Portal Luno has informed the Monetary Authority of Singapore (MAS) that is withdrawing its application for a license to operate in the southeast Asian city state. The exchange said it has taken the decision as part of an “evaluation of [its] global strategy and presence.” Source The post Crypto Exchange Luno to Withdraw From Singapore appeared first on CryptoX. CryptoX Portal
Top Ethereum Altcoin Explodes 47% in One Week As Whales Send Millions of Tokens to Crypto Exchange
A couple of crypto whales unloaded millions of Arbitrum (ARB) after the popular Ethereum (ETH) scaling solution witnessed significant gains this week. Blockchain tracker Lookonchain notes that the largest buyer of Arbitrum on its first day of listing back in March transferred a large stack of nearly 10,000 ARB, worth about $17 million, to top crypto exchange Binance a few days ago. Source: Lookonchain/Twitter A separate ARB whale also transferred its entire Arbitrum bag, worth $18 million, to Binance on Friday, according to Lookonchain. “The whale with 11 million ARB…
Crypto Exchange Pulls Out of Singapore, Users Advised to Withdraw Funds by 19 June
Due to “regular evaluation of its global strategy and presence,” cryptocurrency exchange Luno announced that it will stop operating in Singapore as of 20 June 2023. According to a blog post published by the platform on Monday, the exchange informed the Monetary Authority of Singapore (MAS) that it is forfeiting its want for a permit. Users must empty their Luno Wallet of all cryptocurrency or SGD by June 19, 2023. By June 20, all Singaporean users’ Luno accounts will be removed and they won’t be able to sign in or…
Crypto Exchange Luno Pulls Out of Singapore, Users Advised to Withdraw Funds by 19 June
Due to “regular evaluation of its global strategy and presence,” cryptocurrency exchange Luno announced that it will stop operating in Singapore as of 20 June 2023. According to a blog post published by the platform on Monday, the exchange informed the Monetary Authority of Singapore (MAS) that it is forfeiting its want for a permit. Users must empty their Luno Wallet of all cryptocurrency or SGD by June 19, 2023. By June 20, all Singaporean users’ Luno accounts will be removed and they won’t be able to sign in or…
Crypto Exchange ByBit Opens Global HQ in Dubai
Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city. Source
SEC Commissioner Hester Peirce States Proposed Amendments to Definition of ‘Exchange’ Render Innovation ‘Kaput’ – Regulation Bitcoin News
Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach to solve “problems that do not exist,” stifling innovation in the process. SEC Commissioner Hester Peirce Issues Dissenting Opinion U.S. SEC Commissioner Hester Peirce, also known in cryptocurrency circles as “crypto mom,” has written a letter blasting the recent decision of the Commission to amend the…
New Meme Coin DigiToads (TOADS) Token To List on BitMart Exchange
April 15, 2023 – Mahe, Seychelles The crypto market has been red-hot recently. Bitcoin ripped past $30,000 and Ethereum staking withdrawals will go live, breaking the $2,000 price point – while Bitcoin’s dominance dropped, its price climbs, which means it might be the beginning of an altcoin season. A new powerhouse DeFi project, DigiToads (TOADS), has confirmed it will list on the BitMart exchange soon. The DigiToads presale has already raised more than $1.35 million, and the lack of vesting enables holders to trade TOADS at the earliest available opportunity.…
SEC Sues Crypto Exchange Bittrex, CEO for Operating without Registration
The US securities regulator has charged cryptocurrency exchange Bittrex and William Shihara, its Founder and former CEO, for operating as a national securities exchange, broker and clearing agency without registration. According to US Securities and Exchange Commission (SEC), Bittrex violated registration requirements of the US federal securities law, instructed crypto issuers using its platform to delete certain information that indicated their digital assets were securities, and ran different market intermediary functions under one entity in order to maximize profits. The regulator also filed charges against Bittrex Global GmbH, a foreign…