Canada Imposes $4.4 Million Fine on Binance

Reading Time: < 1 minute The official body responsible for analyzing financial transactions and reports in Canada has announced that it is imposing a penalty of $4.4 million on Binance.

FTX to Pay Additional Compensation to Creditors

Reading Time: < 1 minute FTX announced on Tuesday that they intend to give at least 98% of their creditors a minimum of 118% of their allowed claims in their proposed reorganization plan.

Coinbase Faces A Class Action Lawsuit

Reading Time: < 1 minute A group of customers from various states have filed a lawsuit against Coinbase.

Bitfinex’s CTO: Our Database Was Not Hacked

Reading Time: < 1 minute Bitfinex’s CTO, Paolo Ardoino, has expressed doubt regarding reports of a potential leak of user data from their cryptocurrency exchange.

Coinbase Integrates Lightning Network

Reading Time: < 1 minute Coinbase has announced its support for the Bitcoin Lightning Network.

Changpeng Zhao Sentenced to 4 Months in Prison

Reading Time: < 1 minute The former CEO of Binance, Changpeng “CZ” Zhao, has been sentenced to four months in federal prison for violating US money laundering laws.

Eminem Becomes Crypto.com Ambassador

Reading Time: < 1 minute Renowned rapper Eminem has recently released an advertisement for the cryptocurrency exchange Crypto.com on the social media platform X.

Mt. Gox Trustee Updates Data on Payments to Creditors

Reading Time: < 1 minute Reddit users shared information about the disclosure of the amounts that will be paid to users of Mt. Gox in Bitcoin, Bitcoin Cash and Japanese yen.

Crypto.com Says it is Not Facing Obstacles to Enter South Korea

Reading Time: < 1 minute Crypto.com has refuted a recent report from a local media outlet claiming that they have faced obstacles in entering the South Korean crypto market.