PRESS RELEASE. BingX, a global leading crypto exchange, proudly announces the launch of its transformative rebranding initiative, solidifying its position focusing on trader empowerment. The rebranding reflects BingX’s commitment to inspiring its users and keeping them ahead of the curve, ensuring secure, efficient, and effective trading experiences.
BingX has updated its visual identity to make…
Congressman Calls for Gensler's Removal After SEC Sues a Crypto Exchange Twice in 10 Months – Regulation Bitcoin News
November 23, 2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30…
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams – Legal Bitcoin News
November 23, 2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through…
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil – Legal Bitcoin News
November 23, 2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss in 2014.
Genesis Targets Gemini in $689M Legal Battle Over Alleged Preferential Crypto…
Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement – Bitcoin News
November 23, 2023
On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering…
Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves – Bitcoin News
November 23, 2023
Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis…
KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance – Bitcoin News
November 23, 2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday…
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security – Regulation Bitcoin News
November 23, 2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker…
Lightspark's CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply 'Some Form of Compromise' – Bitcoin News
November 23, 2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime…
Africa-Focused Crypto Exchange Yellow Card Bags Africa's 'Disrupter of the Year' Award – Africa Bitcoin News
November 23, 2023
Yellow Card, the Africa-focused crypto exchange, recently won the African financial industry’s 2023 “Disrupter of the Year” award. The crypto exchange’s CEO described the award as a recognition of Yellow Card’s role in “solving important, practical problems across the continent for businesses.”
Award Reserved for Businesses Demonstrating ‘Resilience in Complex Times’
In what has…
