Notcoin Halts Token Transfers to Exchanges Until May 16
The Notcoin developers declared that users could not send their tokens to cryptocurrency exchanges as of May 14. According to a post on X, the Notcoin (NOT) withdrawal option will reopen on May 16 following the coin’s listing. Notcoin is a web3 gaming project launched on Jan. 1 within the The Open Network (TON) ecosystem. Users can […]
dYdX Founder Steps Down as CEO, Takes on Chairman Role
The founder of the decentralized exchange dYdX is stepping down as CEO after seven years of heading the crypto derivatives platform. In an official blog post, Juliano laid out his objectives for taking over as chairman and president of the business. Ivo Crnkovic-Rubsamen, the former operational partner of dYdX, will take over as CEO. Antonio […]
U.S. Senators Challenge DOJ over Bitcoin Mixer Prosecutions
In a letter to the Department of Justice, two senators questioned FinCEN’s “unprecedented interpretation” of the regulations about the lawsuits against cryptocurrency mixers. The Department of Justice (DOJ) and U.S. Attorney General Merrick Garland were contacted by Senators Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) regarding an ongoing crackdown on cryptocurrency mixers that are purportedly […]
OKX Launches Local Regulated Entity in Australia
Crypto exchange OKX is moving its Australian-focused services under a locally regulated entity as part of its expansion efforts. As part of its Asian-Pacific expansion, the cryptocurrency exchange OKX transfers its Australian-centric services to a locally regulated entity. During a media engagement in Sydney on May 14, OKX president Hong Fang told reporters, “I think […]
Coinbase Suffers Major Outage on May 14
Coinbase has experienced a significant system-wide outage that has left its services inaccessible to both desktop and mobile users. Since its inception at 4:15 am UTC on May 14, the disruption has engendered extensive discontent among users endeavoring to gain entry to their accounts or perform transactions. Presently, patrons of the Coinbase website are met with an error […]