The recent events surrounding the detainment of Tigran Gambaryan, an American executive held by the Nigerian government, have sparked outrage and concern within the international community. In a viral video that surfaced on September 2, Gambaryan is seen struggling to walk into a courtroom in Abuja, clearly in distress. Despite his pleas for a wheelchair,
Exchanges
OKX SG, a cryptocurrency exchange based in Singapore, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows the exchange to operate without daily or monthly transaction limits, making it a highly sought-after accreditation in the country’s financial sector. The MPI license granted to OKX SG
In a surprising turn of events, former FTX executive Ryan Salame has decided to withdraw his petition to dismiss the indictment against Michelle Bond. This decision comes just days before a crucial court hearing. Salame’s legal team, in a letter dated Aug. 29, informed Judge Lewis A. Kaplan of the Southern District of New York
Recently, both Binance and Bybit have teased the launch of new Solana-related products, sparking speculation within the crypto community. Binance’s mysterious message “BNSOL” along with the phrase “coming soon” has piqued the interest of many, while Bybit’s announcement of “bbSol” on their platform indicates a new addition to their offerings. Despite the lack of specific
The embattled crypto platform WazirX has found itself in hot water after a $234 million hack in July. As a result, the platform has entered into an initial 30-day moratorium, with a potential extension pending a decision by Singapore’s High Court. This move came after rival platform CoinSwitch announced its intention to take legal action
Former FTX executive Ryan Salame’s attempt to void his guilty plea has been met with resistance from the US government. Salame claims that his guilty plea was based on false promises from prosecutors regarding their investigation into his partner Michelle Bond. However, the US Attorney’s Office has called Salame’s allegations “demonstrably false” and emphasized that
Indian cryptocurrency exchange, WazirX, has been facing challenges in its restructuring process following a major security breach on July 18th. The exchange has revealed that external parties not invested in the platform may be attempting to prolong the restructuring process for their own gains. These parties are allegedly creating and maintaining uncertainty rather than working
In a recent development, a US federal judge has denied crypto exchange Kraken’s request to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) over allegations of operating an unregistered securities exchange. The decision by Judge William H. Orrick comes after Kraken requested a dismissal of the case filed by the SEC in
In a recent announcement, the popular crypto exchange Coinbase revealed its support for the Ethereum layer-2 network Polygon’s planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). This move is set to bring significant changes to the Polygon ecosystem and the broader cryptocurrency community. Starting on August 26, Coinbase will initiate
