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Tag Archives: Exchange

Binance Launches Training Program For Law Enforcement Agencies

For several years now, Binance has played an important role as the big brother of the crypto industry by assisting in the recovery of funds from users who have been victims of theft, scams, or hacks. But now, they are aiming higher with an e-crime training program. On September 27, Binance announced the official launch of its “Global Law Enforcement Training Program,” created to help law enforcement agencies combat financial and electronic crimes that involved crypto or...

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Coinbase Exec’s Brother Pleads Guilty to Cryptocurrency Wire Fraud

The U.S. Department of Justice released a statement on September 12 reporting that Nikhil Wahi, brother of ex-Coinbase product manager Ishan Wahi, pleaded guilty to committing cryptocurrency wire fraud using insider information sourced from his brother. Per the release, Nikhil Wahi faces up to 20 years of possible jail time. In addition, he will have to forfeit all unlawfully obtained monetary gains. Ishan Wahi, on the other hand, pleaded not guilty in early August to the...

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Indonesia Tech Leader GoTo Acquires a Crypto Platform for $8.4 Million: Report

One of the tech giants in Indonesia – PT GoTo Gojek Tokopedia (known as GoTo) – reportedly acquired local cryptocurrency exchange PT Kripto Maksima Koin for 124.84 billion rupiahs ($8.4 million). The firm said that the agreement aligns with its goal to become “a diverse money management hub.” Despite the negative stance displayed by the country’s central bank and some local Islamic organizations, the digital asset sector has become quite popular among Indonesians. According...

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Nexo Allocates Another $50 Million To Its Token Buyback Initiative

Cryptocurrency exchange Nexo announced this Aug. 30 the allocation of another $50 million to execute discretionary and periodic buybacks of its NEXO token on the open market. According to the company’s statement, this would be the second time the exchange has invested money in repurchasing its tokens this year. The first time was in May when they announced the repurchase of $100 million in NEXO tokens. Nexo Wants to Demonstrate its Liquidity Antoni Trenchev, co-founder and...

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Afghan Authorities Shut Down at Least 16 Crypto Exchanges: Report

Afghan law enforcement agents reportedly closed at least 16 cryptocurrency platforms in the western province of Herat. The operation comes three months after the current Taliban government imposed a ban on digital asset trading activities. It is worth noting that the change in the political regime in Afghanistan last year caused economic uncertainty in the area. Interestingly, the instability prompted some locals to convert their fiat currencies into digital assets and...

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Samsung, Among Others, to Launch Crypto Exchanges in 2023: Report

South Korean securities companies have reportedly set their focus on the crypto industry and plan to set up digital asset exchanges in the first half of 2023. Such firms include Mirae Asset Securities and Samsung Securities. The domestic financial regulators have been quite strict with crypto-related entities in the past few years. Last year, prompted by the mandatory requirements that the Financial Intelligence Unit (FIU) enforced, over 60 trading venues halted their...

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FTX US Spread False or Misleading Statements About FDIC-insured Products, Regulator Says

On August 19, The Federal Deposit Insurance Corporation (FDIC) issued various cease and desist letters to five cryptocurrency companies including FTX US, owned by the crypto billionaire Sam Bankman-Fried, along with news outlets Cryptonews.com, Cryptosec.info, SmartAsset.com, and the site FDICCrypto.com. The FDIC asked the aforementioned companies to cease making “false or misleading statements” regarding their relationship with the FDIC. According to the FDIC, FTX US and the...

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Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year. The newly created firm will hold cryptocurrencies and Non-Fungible Tokens (NFTs) for “large investors and corporations.” Sumitomo Mitsui Trust Focused on Security Issues Sumitomo Mitsui Trust’s latest crypto partner Bitbank reportedly ranked as the third-largest crypto exchange...

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Cronos (CRO) Crashes 15% Daily as CryptoCom Cuts Card Rewards

Popular cryptocurrency exchange CryptoCom has come under fire following its latest decision to slash its staking rewards. In a blog post published on Sunday, the platform revealed that effective June 1, it would cut down Cronos (CRO) rewards on card usage. CryptoCom Slashes Card Rewards As per the update, users with lower-tier cards, including the Midnight Blue and Ruby Steel, would get 0% on CRO rewards. Those with Royal Indigo and Jade Green would receive 0.5%; Icy White...

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Bitcoin-Börsen Vergleich: Knallhart sortiert nach Kunden-Rating!

Bitcoin-Börsen, sortiert nach Rating und Erfahrungsbericht. Welche Bitcoin-Börse ist die Beste? Und welcher Bitcoin-Exchange ist besser nicht zu vertrauen? Das weiss wohl keiner besser, als die Kunden selber. Das Internet-Vergleichsportal Trustpilot bewertet seit mehr als einem Jahrzent zuverlässig alle Internetseiten. In dieser Tabelle sind die bekanntesten Bitocin-Börsen aufgelistet und nach deren Bewertung bei Trustpilot sortiert: ...

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