OKX Burns 5.5 Million OKB Tokens Via Buy-back Program.
The 20th cycle of the program ran from March 1, 2023, through May 31, 2023.OKB was trading at $41.57 at the time of writing, indicating a decrease of 7.82%.OKX, a…
SEC Bans Binance Nigeria Limited: Says It Is An Illegal Entity in Nigeria
The attention of the Securities and Exchange Commission (the Commission) has been drawn to the website operated by Binance Nigeria Limited, soliciting the Nigerian public to trade crypto assets on…
Robinhood Removed Solana (SOL), Polygon (MATIC) and Cardano (ADA) from platform
As of June 27, 2023, support for the three cryptocurrencies will be discontinued.Robinhood presently offers only 18 cryptocurrencies.Robinhood announced on Friday that it would cease supporting some of the cryptocurrencies…
Australia’s Largest Bank to Temporarily Cease ‘Certain’ Payments to Crypto Exchanges
The CBA’s move is a significant turnaround for the bank, as it was planning to enable crypto trading on its banking app.Commonwealth Bank of Australia (CBA), the largest bank in…
Banks Are Abandoning Binance.US Due to Legal Battle with SEC.
Bankers, who had already been spooked by the Silvergate and Signature fiascos, have started to distance themselves from the potential fallout.Following Monday’s announcement of lawsuits against Coinbase and Binance, firms…
Unknown Bitcoin Whale Moves $57 Million Worth Bitcoins to Coinbase
Crypto whale transfers to Coinbase and Binance spiked amid the SEC crackdown.Whales’ moves often spark discussions on market manipulation.A sizeable transaction of 2,150 Bitcoin (BTC) worth approximately $57,055,404 has been…
Cathie Wood Purchased $15 Million Worth of Jack Dorsey’s Shares
Cathie thinks that Coinbase will gain from Binance’s regulatory problems. A day after purchasing over $21 million in Coinbase (COIN) shares, Cathie Wood’s Ark Invest acquired millions in shares of…
Robinhood Reviews Crypto Investments After SEC Increases Industry Crackdown
SEC’s enforcement actions have forced crypto companies to mull over their offerings in the country.Robinhood Markets is weighing on its crypto offerings according to the firm’s legal chief Dan Gallagher…
Lawsuit between SEC vs Binance Leads to Frightful Outcomes
Binance recorded a massive 24-H outflow of over $1 billion after the SEC sued it.A significant whale deposited 44M Tether (USDT) to Binance despite the lawsuit.The SEC vs Binance lawsuit…
North Korea’s Lazarus Group Reportedly Linked to Atomic Wallet Exploit.
Elliptic did not reveal the amount delivered to the mixer by the hacker. Bitcoin was being exchanged for the stolen funds before they were muddled. North Korea’s most renowned cyber-hacking…