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Cyprus SEC Approves CryptoCom Provision of Crypto Services

Cyprus SEC Approves CryptoCom Provision of Crypto Services

The announcement comes a few days after Italy’s financial watchdog OAM approved CryptoCom plans to provide digital asset goods and services. Leading cryptocurrency exchange CryptoCom has announced that the Cyprus Securities and Exchange Commission (CySEC) has granted regulatory authority for it to continue its European growth. According to the official press release, CryptoCom will now […]

Voyager declines buyout offer from Alameda, as it “harms consumers”

Voyager declines buyout offer from Alameda, as it "harms consumers"

Voyager’s attorneys appear to be disturbed by the buyout offer from Alameda and FTX since they do not consider it to be a legitimate one that would help its consumers. As a result of the actions being “not value-maximizing” and perhaps “harming clients,” centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX […]

Thai SEC establishes digital hotline for users of Zipmex

Thai SEC establishes digital hotline for users of Zipmex

The investors impacted by the suspension of Zipmex withdrawals may report their losses on the official website of the Thai SEC. Following the suspension of withdrawals by the Thai cryptocurrency exchange Zipmex last week, local financial regulators are intervening to investigate any losses suffered by investors. The Securities and Exchange Commission (SEC) of Thailand is […]

Tether, Bitfinex, and Hypercore collaborate to build Holepunch

Tether, Bitfinex, and Hypercore collaborate to build Holepunch

The trio founded Holepunch with the intention of, among other things, granting sovereignty over data and dismantling technological monopolies. In keeping with the adage that “the bear market is for building,” the cryptocurrency exchange Bitfinex, Tether (USDT), and Hypercore recently announced the release of Holepunch, a completely secured platform for creating peer-to-peer apps. The trio […]

Yuga Labs ‘inappropriately encouraged’ BAYC investors: Class action

Yuga Labs 'inappropriately encouraged' BAYC investors: Class action

According to the law firm Scott+Scott, Yuga Labs encouraged “unsuspecting investors” to make large profits on their investments. According to a planned class-action complaint, Yuga Labs “inappropriately persuaded” the community to purchase nonfungible tokens (NFTs) for the Bored Ape Yacht Club and the project’s associated ApeCoin (APE) token. On Thursday, a proposed class action brought […]