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Weekly overview

UAE regulator revokes FTX license amid the exchange’s collapse

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Dubai regulators noted that no clients were exposed, as FTX MENA was still in the preparation phase before getting fully approved to operate. As the FTX debacle still creates waves…

Continue ReadingUAE regulator revokes FTX license amid the exchange’s collapse

UK bank Starling bans crypto-related purchases and deposits citing high risk

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is…

Continue ReadingUK bank Starling bans crypto-related purchases and deposits citing high risk

Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Bitcoin from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22. Bitcoin (BTC) exchanges may have just seen the…

Continue ReadingBitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales

Russia intends to launch a ‘national crypto exchange’

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders. Russian lawmakers are working on amendments to launch a national crypto…

Continue ReadingRussia intends to launch a ‘national crypto exchange’

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses…

Continue ReadingCrypto lender Hodlnaut reportedly faces police investigation in Singapore

Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets. The Securities Commission of The Bahamas…

Continue ReadingRecent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

10,000 BTC moves off crypto wallet linked to Mt. Gox hack

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets. A crypto wallet belonging to the shutdown…

Continue Reading10,000 BTC moves off crypto wallet linked to Mt. Gox hack
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