Coinbase to face shareholder lawsuit over SEC risks, judge rules

A federal judge has rejected Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders, Reuters reported Sept. 6. The lawsuit accuses the largest US crypto exchange of downplaying the likelihood of being sued by the US Securities and Exchange Commission (SEC). US District Judge Brian Martinotti ruled on Sept. 5 that shareholders adequately […]

The post Coinbase to face shareholder lawsuit over SEC risks, judge rules appeared first on CryptoSlate.

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India reconsiders foreign crypto exchange registrations: Report

Indias Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the countrys AML laws.

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Indian regulators to clear offshore crypto exchanges after strict AML review

India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws. The development comes as the FIU continues to assess requests from four exchanges previously […]

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WazirX hacker launders $10 million through Tornado Cash

The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. In a Sept. 5 message to CryptoSlate, Cyvers reported that the hacker had begun moving assets the previous day. So far, […]

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Binance to Debut Solana-based Staking Token in September

Binance plans to launch the liquid staking token BNSOL later in September, redefining staking on centralized exchanges. Leading cryptocurrency exchange…

The post Binance to Debut Solana-based Staking Token in September first appeared on The Crypto Basic.

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What the Crypto Market Could Experience as FTX Prepares to Repay Creditors $16B

Crypto investors express mixed reactions as popular defunct exchange FTX prepares to repay $16 billion to creditors by next quarter. …

The post What the Crypto Market Could Experience as FTX Prepares to Repay Creditors $16B first appeared on The Crypto Basic.

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WazirX begins second phase of fiat withdrawals early, hackers begins moving funds

WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in the theft of over $230 million in user assets. CEO Nishal […]

The post WazirX begins second phase of fiat withdrawals early, hackers begins moving funds appeared first on CryptoSlate.

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Canada crypto exchanges get more time for stablecoin compliance

Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.

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BestChange: Your One-Stop Shop for Crypto Exchange

Are you looking for that one place where you can buy and sell cryptocurrencies at the best rates? As the crypto market size continues to grow, many crypto exchange platforms have emerged offering unique services and features.  Choosing the right platform to buy and sell crypto will make the difference between making a costly mistake […]

The post BestChange: Your One-Stop Shop for Crypto Exchange appeared first on CryptoSlate.

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Binance Founder CZ Zhao To Be Released on Friday?

Did you know? If an inmate's release date falls on a weekend or holiday, the Federal Bureau of Prisons may release them on the previous weekday

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US sanctions Russian crypto platforms for money laundering ties

Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

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First 5 Eligible Users Get a $100 Futures Bonus on MEXC

For a limited time, the first 5 eligible users who sign up through this special link will receive a $100 bonus to jumpstart their futures trading journey.

The post First 5 Eligible Users Get a $100 Futures Bonus on MEXC appeared first on Crypto Breaking News.

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WazirX granted 4-month $230 million debt repayment extension by Singapore court

Since the $230 million hack in July, WazirX has been scrambling to recover the assets and pacify users. The Indian crypto exchange had asked for a six-month moratorium to deal with the crisis. However, a Singapore court granted only four months relief, with conditions, on Thursday, Business Standard reported. As part of the conditions, WazirX […]

The post WazirX granted 4-month $230 million debt repayment extension by Singapore court appeared first on CryptoSlate.

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UAEs clear regulations have fostered a balanced, diversified crypto ecosystem Chainalysis

In most countries, the rate at which crypto activity grows across transaction size brackets varies significantly. However, the United Arab Emirates (UAE) is an outlier with growth across all brackets, which indicates a ‘balanced and comprehensive adoption landscape,’ according to a recent Chainalysis report. Chainalysis highlighted that the UAE received over $30 billion in crypto […]

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Hacker nearly completes laundering $230 million stolen from WazirX

The hacker responsible for stealing $230 million from WazirX in July has nearly finished laundering the funds, with just $6 million worth of Ethereum (ETH) left, based on Arkham Intelligence on-chain data. Most of the stolen assets were moved through Tornado Cash, a service known for obscuring digital transactions. Funds laundered The breach, which compromised […]

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South Korean foundation to recover funds from defunct crypto exchanges

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

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Crypto Exchange UEEx Introduces Compensation Policy For Users Affected By Market Anomalies

Summary: The digital asset trading platform said the new compensation policies demonstrate its commitment to providing users with a secure…

The post Crypto Exchange UEEx Introduces Compensation Policy For Users Affected By Market Anomalies first appeared on The Crypto Basic.

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Caroline Ellison, Ex-Alameda CEO, Gets 2 Years for FTX Fraud

Caroline Ellison has been ordered to give up around $11 billion, a decision made by a federal judge on Tuesday.

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Kraken partners with RB Leipzig to innovate the German football fan experience

Our partnership is focused on fusing the crypto ecosystem with the RB Leipzig fan experience to provide interactive opportunities for fans. Underpinned by an emphasis on educating new audiences about crypto, both sides are collaborating to unleash cryptos full potential and inspire new ways for German fans to deepen their connection to the club. In [...]

The post Kraken partners with RB Leipzig to innovate the German football fan experience appeared first on Crypto Breaking News.

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Upbit to store user data on AWS: What users should know

Upbits privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.

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