Topic

Blockchain

A collection of 161 issues

US authorities announce liquidation of new cryptocurrency pyramid scheme

The Commission has sued William Koo Ichioka in the Northern District of California. The regulator accuses the American for embezzling $21 million of investors' money. The defendant, according to the CFTC, introduced himself as a cryptocurrency and forex trader, using funds of depositors at his discretion, paying out profits

Japanese crypto exchanges ask for relaxation of margin trading rules

Crypto exchanges in Japan are seeking to ease restrictions on margin trading, Bloomberg writes. At issue is an increase in leverage from 2x to 4x or 10x. The industry representatives will submit a corresponding request to the Financial Services Agency of Japan next month.

Binance listed a Suffolk backroom as its UK office

Cointelegraph writes that Binance Ltd had a UK office with 2403 active companies registered at its address. "The office address of the exchange is actually the website of a company called OfficeServ, which seeks to provide a 'plausible business location,'" the publication writes

Binance leaves Netherlands after failed attempt to obtain license

Binance has announced that it will be forced to withdraw from the Dutch market after failing to obtain a license from the local regulator. After July 17, local clients will only be able to withdraw their funds from the platform and will not be able to make deposits or trade.

EToro suspended support for four tokens in the U.S. due to regulatory pressure

U.S. users of the eToro trading platform will no longer be able to open positions with DASH, MANA, ALGO and MATIC. The company attributed its decision to "regulatory developments." All four crypto-assets were mentioned in the SEC's lawsuit against Binance.

Binance CEO may be handed over to Richard Teng

According to Bloomberg, Binance is considering changing its CEO. Changpeng Zhao could be replaced by Richard Teng. Binance appointed him head of all regional markets outside the U.S. in late May. Teng had a total of nearly 20 years of government service. The publication writes that this may be

Only half of crypto companies have an external auditor

Thirty-one of the 60 largest crypto companies have undergone an external financial audit or reserve confirmation, according to a Bloomberg survey. The survey included representatives from different fields: cryptocurrency exchanges (Binance and Coinbase), miners, token issuers (Tether) and blockchain security analysts (Chainalysis). Interestingly, 60 companies were offered to participate, but

U.S. DOJ threatens cryptocurrency exchanges with "tough measures"

Eun-Yong Choi, head of the U.S. Justice Department's National Cryptocurrency Enforcement Team (NCET), has declared "war" on centralized exchanges. She is threatening "harsh measures" to those platforms that violate AML rules and fail to adhere to strict KYC requirements. Yong Choi claims that

Working and easy way to withdraw cryptocurrencies to the card through Trustee Plus

The first Trustee Plus CryptoBank offers withdrawal function to bank cards for UAH, EUR and KZT, which makes it a useful tool when withdrawal from exchanges is blocked. Now cryptos have a convenient bridge between crypto and fiat currency with a clear interface and from a reliable provider. In this

MicroStrategy did not sell bitcoins in Q1 2023

One of the largest BTC holders, MicroStrategy, published its quarterly report. The organisation did not sell a single bitcoin in the first three months of the year and recorded an increase in key financial indicators.