Coinbase To Suspend Trading Services In India
Coinbase intends to withdraw its operations from India due to the country’s challenging regulatory environment. In the latest development, crypto exchange Coinbase plans to discontinue crypto trading services in India by the end of the month. The exchange notified its Indian clients via email of significant regulatory challenges in India. According to reports, Coinbase has […]
DCG Accused of Early Knowledge on Genesis, FTX, and 3AC
Digital Currency Group (DCG) is accused of having advanced knowledge of the bankruptcy situations of Genesis, FTX, and 3AC. In a startling turn of events that sent shockwaves through the cryptocurrency community, the founder of X3, Andrew, made shocking claims against Digital Currency Group (DCG) on X (Twitter). In Andrew’s tweet, DCG is accused of […]
Thodex Crypto Exchange CEO Sentenced to 11,196 Years
Faruk Fatih Ozer, the CEO of Thodex, was sentenced to 11,196 years in prison for offenses such as fraud and money laundering. A Turkish court sentences Faruk Fatih Ozer, CEO of the Turkish cryptocurrency exchange Thodex, to 11,196 years in prison for multiple offenses, including fraud, leading a criminal organization, and money laundering. The largest […]
Binance CEO Dismisses Criticism, Claims ‘no liquidity issues’
Changpeng Zhao stated that despite the FUD, the crypto industry has scored a number of significant victories in recent weeks. Changpeng ‘CZ’ Zhao, co-founder and CEO of Binance, has dispelled recent rumors about his company, affirming that its balance sheet and employee retention remain robust despite recent market volatility. In a Sept. 7 post on […]
Coinbase Launches Crypto Lending for US Institutional Investors
Coinbase has reportedly launched a crypto lending service for institutional investors in the United States to capitalize on the crypto lending market’s enormous failures. Bloomberg reported on September 5 that Coinbase has discreetly launched an institutional-grade crypto lending platform, Coinbase Prime, for U.S. investors. Coinbase Prime is a prime brokerage platform that allows institutions to […]