Former FTX Execs Launch New Crypto Exchange with Dubai License
A group of former FTX executives, led by Can Sun, the former FTX general counsel, is launching a new cryptocurrency exchange with a license from the Dubai Virtual Assets Regulatory Authority. The exchange aims to address the issues that led to the bankruptcy of FTX. In the aftermath of the FTX bankruptcy, a group of […]
FTX Sues Bybit in Lawsuit Aiming to Recover $953 Million
Crypto exchange FTX’s bankruptcy advisers filed a lawsuit against Bybit Fintech Ltd. to reclaim cash and digital assets valued at an astounding $953 million. According to the counsel, ByBit allegedly withdrew all of the funds shortly before FTX filed for Chapter 11 bankruptcy in November. The action, submitted on Friday, November 10, to a Delaware […]
Crypto Exchange OKX to Delist 26 Trading Pairs
A number of trading pairs, notably BTM, which experienced a 32% decline have been delisted by OKX. With reference to tight listing criteria and ongoing performance monitoring, prominent cryptocurrency exchange OKX stated that it was delisting over 20 trading pairs. This measure will impact many trading pairs across many cryptocurrencies and involves suspending deposits and […]
Binance to List Celestia with Special Safeguards
Binance reveals that Celestia (TIA) will be listed along with improved risk management tools, such as a required quiz for traders interested in tokens identified by a “Seed Tag.” Celestia (TIA) is trading at $3.15 on Halix after being pre-listed on decentralized exchanges. By disentangling consensus from execution, Celestia hopes to revolutionize blockchain scalability and […]
Bitmex to Shift Customer Bitcoin Deposit Addresses to Native Segwit Format
Seychelles-based cryptocurrency exchange BitMEX, has announced a significant shift in its Bitcoin (BTC) deposit address format. BitMEX claims that the update won’t result in a “big change” to wallet security because the signature technique is already in place for processing hot withdrawals The Seychelles-based cryptocurrency trading platform said on October 30 that it would modify […]