WazirX granted four-month moratorium by Singapore courts after $230M hack in July 2024. The exchange plans to disclose wallet addresses and publish financial statements to restore balances and restructure assets. Controversial “socialized losses” strategy sparks debate.
Binance’s FIU collaborates with Indian authorities to trace $47.6M linked to Fiewin scam, leading to four arrests. The crackdown highlights the importance of strong partnerships in combating financial crimes and enhancing digital asset security.
Kraken acquires Dutch crypto broker Coin Meester (BCM) to boost its European presence. This includes a VASP license for France and Poland, aligning with upcoming MiCA regulation. BCM clients will access a wider range of digital assets.
Binance launches $LOKAUSDT perpetual contracts with up to 75x leverage, causing a 20% price surge and 155% increase in trading volume for $LOKA. League of Kingdoms Arena gains market confidence and investor interest.
Binance increases $LUNC burns, totaling 64.47B tokens this month. The move boosts LUNC’s price by 3%, indicating growing trader interest and volume. This strategy shift may stabilize and enhance the Terra Luna Classic ecosystem.
Coinbase ($COIN) appeals SEC’s denial of its 2022 rulemaking petition, arguing outdated securities laws hinder crypto compliance and innovation. The outcome could reshape U.S. crypto regulations, providing clarity for the industry.
An inactive Ethereum ICO participant transfers 3510 $ETH to Kraken after two years. Initially acquiring 150,000 $ETH for $46,500, the current value of the transferred ETH is nearly $390 million. The wallet still holds 11,489 $ETH.
Aavegotchi ($GHST) surged 37% after @Binance announced GHST USD-Margined perpetual contracts, allowing up to 75x leverage. Trading volume spiked 1103% to $17.76M in 24 hours, with prices hitting a high of $1.21.
Bybit to list $CATI and $HMSTR tokens on Sept 20 and 26, for Catizen and Hamster Kombat games on the TON blockchain. This strengthens Bybit’s role in blockchain gaming and the TON ecosystem.
Coinbase ($COIN) launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Ethereum and Base networks. cbBTC, backed 1:1 by Bitcoin, aims to leverage Solana’s high-speed, low-cost transactions, boosting accessibility and the Solana ecosystem.
Barry Silbert predicts a $TAO listing on @Coinbase would boost its market exposure and liquidity, despite ongoing federal investigations into him and @DCGco. No charges have been filed yet.
Coinbase launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Base and Ethereum. cbBTC, an ERC-20 token backed 1:1 by Bitcoin, enhances user flexibility and access. Coinbase Q2 2024 revenue more than doubled to $1.45B.
Jupiter Exchange acquires SolanaFM and Coinhall, launches zero-fee Jupiter Mobile, and introduces Metropolis API and Jupiter RFQ at Solana Breakpoint 2024 to enhance liquidity and integration. Ape’s Pro trading terminal debuts for meme coin trading.
Coinbase CLO Paul Grewal and Ripple CLO Stuart Alderoty criticize the SEC’s term “crypto asset security” for lacking legal backing. The SEC’s inconsistent token regulation will be under scrutiny as all Commissioners, including Chair @GaryGensler, testify before Congress.
