Patricia Crypto Exchange Publishes White Paper to Explain PTK Token
The Nigerian cryptocurrency exchange’s announcement of Patricia Token (PTK) met with skepticism and some suspicion from users who took to social media to query Patricia’s motivations. In response to this reaction, the cryptocurrency exchange company has published a white paper explaining the intended purpose of Patricia Token. According to the published white paper, Patricia Token […]
Binance Product Lead Mayur Kamat Exits Organization
Binance crypto exchange continues to lose key executives as regulators around the globe increase their scrutiny of the platform. Recently, the exchange’s product lead, Mayur Kamat, quits his position, saying he is passing the baton to “next-gen leaders” Mayur Kamat, the director of products at the cryptocurrency exchange Binance, has confirmed he is leaving the […]
Binance Removes Banco de Venezuela from P2P Payments List
After previously removing sanctioned Russian banks last week from its peer-to-peer (P2P) trading service, cryptocurrency exchange Binance has also removed Banco de Venezuela from the list. According to Venezuelan users, Banco de Venezuela has been removed from P2P payment options this week, following a succession of similar removals by Binance of Russian banks. The apparent […]
OKX, Bybit Remove Tinkoff Bank, Sberbank from Payments List
Due to international financial sanctions on Russian banks, cryptocurrency exchanges Bybit and OKX have followed in Binance’s footsteps to remove Tinkoff Bank and Sberbank from their P2P transactions list. According to Russian media outlets, local users can no longer receive fiat currency in exchange for their cryptocurrency on Tinkoff or Sberbank accounts via the P2P […]
Court Grants Vauld Permission to Restructure Board
Vauld, a Singapore-based cryptocurrency exchange in bankruptcy proceedings since August 2022, has received court approval to restructure its board of directors. The new upper management will oversee the company’s rescue operation. Vauld’s co-founder Darshan Bathija announced on X (previously Twitter) on August 24 that a Singapore court approved the company’s scheme of arrangement. The proposal […]