Articles for Exchange Crypto

Two to tango: The return of Bitcoins & Trump
1 month, 1 week ago

Two to tango: The return of Bitcoins & Trump

Live Mint  

As Donald Trump prepares to take charge as president, the talk of the town once again is cryptocurrencies, with analysts saying Bitcoin prices may cross $100,000 soon. Donald Trump’s victory is propelling Bitcoin to new highs almost every day, with the cryptocurrency breaching the $81,000 mark for the first time on Monday. Electric car maker Tesla, the fourth largest holder …

Tesla Trump Indian Bitcoin Regulates Cryptocurrencies
WazirX crypto exchange hack: how much of the assets was lost, CEO Nischal Shetty’s announcement, and what happens next
4 months, 3 weeks ago

WazirX crypto exchange hack: how much of the assets was lost, CEO Nischal Shetty’s announcement, and what happens next

The Hindu  

Indian crypto exchange WazirX said approximately 45% of its crypto assets was affected by a cyber attack on July 18 that led to the loss of more than $230 million from one of its wallets. “As of June 10, 2024, at 6:30 PM, WazirX’s total holdings stood at an impressive ₹4,203.88 Crores, marking a staggering 79% surge compared to the …

Crypto Assets Exchange Wazirx Shetty Let Users
Regulator orders crypto firm Paxos to stop issuing Binance stablecoin
1 year, 10 months ago

Regulator orders crypto firm Paxos to stop issuing Binance stablecoin

Live Mint  

BY PATRICIA KOWSMANN | UPDATED FEB 13, 2023 06:45 AM EST Company to continue to manage redemptions of dollar-pegged BUSD token New York regulators directed a crypto company to stop issuing one of the largest dollar-pegged cryptocurrencies, as a government clampdown on the sector widens. The New York Department of Financial Services ordered Paxos Trust Co., which issues and lists …

Sec Binance Stablecoin Busd Paxos Exchange Crypto
Crypto exchange Gemini to slash 10% of workforce: Reports
1 year, 11 months ago

Crypto exchange Gemini to slash 10% of workforce: Reports

Firstpost  

Even if the cryptocurrency market is currently experiencing a relief rally, worrying news keeps coming out. Amid the mass layoff trend among tech giants, Crypto exchange Gemini has decided to cut off its employee headcount by 10 per cent, CNBC reported citing a spokesperson aware of the matter. Since 11 November, when Sam Bankman-cryptocurrency Fried’s exchange FTX filed for bankruptcy, …

Crypto Genesis Gemini Exchange
Coinbase eliminates 20% of staff in latest round of layoffs
1 year, 11 months ago

Coinbase eliminates 20% of staff in latest round of layoffs

LA Times  

Coinbase is cutting roughly 950 jobs in a second round of layoffs. Coinbase Global is firing about 950 employees, or 20% of its workforce, as the worsening crypto slump spurs another round of layoffs at the biggest U.S. digital-asset exchange. “We also reduced headcount last year as the market started to correct, and in hindsight, we could have cut further …

Crypto Round Coinbase
Cal athletic department severs ties with FTX one week after the crypto exchange declared bankruptcy
2 years, 1 month ago

Cal athletic department severs ties with FTX one week after the crypto exchange declared bankruptcy

Daily Mail  

Cal Athletics has suspended its naming rights partnership with embattled crypto exchange FTX, becoming the latest high-profile sports organization to sever ties with the company after it filed for bankruptcy. 'LEARFIELD's Cal Bears Sports Properties, working in collaboration with Cal Athletics, has suspended the FTX naming rights sponsorship with Cal Athletics,' read a department statement, provided to DailyMail.com. Cal Athletics …

Rights Crypto Net Worth Company Bankruptcy Ties Cal
Kim Kardashian to pay $1.26m to US SEC over crypto touting
2 years, 2 months ago

Kim Kardashian to pay $1.26m to US SEC over crypto touting

Al Jazeera  

Kim Kardashian has agreed to pay $1.26m to settle charges from the United States Securities and Exchange Commission that she promoted a cryptocurrency on Instagram without disclosing she’d been paid $250,000 to do so. The SEC said Kardashian failed to disclose that she was paid to publish a post on her Instagram account about EMAX tokens, a crypto asset security …

Crypto Sec Kardashian This Matter
Coinbase Suspends UPI Payments in India After NPCI Statement; All You Need to Know
2 years, 8 months ago

Coinbase Suspends UPI Payments in India After NPCI Statement; All You Need to Know

News 18  

US crypto trading platform Coinbase is not accepting payments done through Unified Payment Interface, or UPI, in India at the moment while buying cryptocurrencies. The crypto exchange has put up a disclaimer saying that it has “temporarily” suspended purchases using the method, after the company came under NPCI lens for launching the service in India. NPCI, shortly after the launch, …

India Payments Crypto Payment Upi Upi Payments Exchange
UPDATE 1-Crypto exchange Binance blocks Russian users targeted by sanctions
2 years, 9 months ago

UPDATE 1-Crypto exchange Binance blocks Russian users targeted by sanctions

The Hindu  

Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of others after Ukraine called for a block on Russian users at major digital currency platforms. Ukraine Vice Prime Minister Mykhailo Fedorov said on Sunday he had requested major crypto exchanges to block the digital …

Ukraine Russia Sanctions Crypto Russian Reuters Users
WazirX Money Laundering Case: ED Issues Notice For Crypto Transactions Worth Rs 2,790 Cr
3 years, 6 months ago

WazirX Money Laundering Case: ED Issues Notice For Crypto Transactions Worth Rs 2,790 Cr

ABP News  

New Delhi: The famous cryptocurrency exchange WazirX, along with its directors Nischal Shetty and Sammer Hanuman Mhatre experienced a big blow on Friday in the form of a show cause notice by the Information Directorate, under Foreign Exchange Management Act, 1999,. The notice was issue regarding transactions involving cryptocurrency worth Rs 2,790.74 crore. The official twitter handle of ED on …

Money Laundering Cryptocurrency Crypto Fema Binance Exchange Wazirx
Indian crypto currency exchange launches NFT marketplace for Indian artists
3 years, 8 months ago

Indian crypto currency exchange launches NFT marketplace for Indian artists

The Hindu  

Indian cryptocurrency exchange, WazirX has launched a non-fungible tokens marketplace for Indian artists and creators. Indian artists can place their digital assets including art pieces, audio files, videos, and even tweets, for auction over the blockchain-based NFT marketplace to earn royalty thereafter. The company claims this to be India’s first NFT marketplace, and said it will not charge its customers …

India Indian Nft Indian Artists Nft Marketplace
How India’s cryptocurrency exchanges are countering dirty money
3 years, 11 months ago

How India’s cryptocurrency exchanges are countering dirty money

Live Mint  

Bitcoin and other cryptocurrencies are often used by criminals to launder money. Despite lack of regulation, India's crypto exchanges deploy certain KYC and anti-money laundering procedures, but loopholes remain in the ecosystem. We also insist that money must come from the concerned user's bank account and not some third-party account,” said Nishal Shetty, CEO, WazirX, India’s largest cryptocurrency exchange. “For …

India Cryptocurrency Crypto Account Exchanges Exchange Kyc