crypto platform

New York Attorney General Letitia James on Tuesday announced a settlement with KuCoin, with the Seychelles-based exchange agreeing to pay over $22 million for failing to register as a securities and commodities broker-dealer and for misrepresenting itself as a crypto exchange and is now...

Kasikorn Bank of Thailand, commonly referred to as K-Bank, recently announced its acquisition of 97% of shares in the parent company of the Satang crypto exchange. This platform has been operational since 2017. The transaction, valued at approximately 3.705 billion Thai baht (around $102.8...

Taiwan's legislative body, the Legislative Yuan, has taken initial steps towards cryptocurrency regulations with a new draft proposal — the Virtual Asset Management Ordinance — for the sector. Taiwan's move to draft this comes as discussions about...

In a major move towards expanding its European footprint, crypto exchange Kraken has secured authorization from the Central Bank of Ireland as an E-Money Institution (EMI), while the Bank of Spain has recognized the digital assets provider as a Virtual Asset Service Provider (VASP)....

Stanford University has announced its intention to give back the substantial sums it accepted from the now-insolvent cryptocurrency platform, FTX (CRYPTO: FTT) and its associated companies. “We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will...

Token withdrawals from the Shibarium bridge are now operational. This comes weeks after the highly anticipated launch faced challenges, with software glitches causing millions of dollars to be temporarily inaccessible on the network. Shibarium, the platform under the Shiba Inu (CRYPTO: SHIB)...

A repository on GitHub set up by Yearn Finance's developer @Bantg reportedly revealed crypto wallet addresses linked to Friend.tech users. Friend.tech, a social platform within the Base network, allows users to purchase or sell "shares" of their connections from X,...

Crypto platform Blockchain.com on Tuesday, announced that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The exchange received its in-principle approval from MAS in September 2022. With this license in hand, Blockchain.com is now...

Bankrupt crypto firm Voyager Digital Holdings Inc. has reportedly been targeted by hackers during its reopening phase. The platform was reopened for a 30-day period to allow customers to withdraw their remaining assets as part of a court-supervised liquidation process. During this period,...

Tyler and Cameron Winklevoss, billionaire twins and founders of the Gemini crypto exchange, are turning their ambitions to the United Arab Emirates (UAE) as they plan to seek a digital-asset license in the country. The move, unveiled in a recent Gemini Twitter announcement, marks the initial...

Do Kwon, founder of Terraform Labs, allegedly transferred 9 billion won ($7 million) to South Korean law firm Kim & Chang just before the collapse of the crypto platform in May 2022, according to a new report. Kim & Chang has not provided details about the specific case but stated that it...

The U.S. Securities and Exchange Commission (SEC) charged crypto platform Beaxy and its executives for violating securities laws by not registering as a broker, exchange or clearing agency. Beaxy founder Artak Hamazaspyan and Beaxy Digital Ltd. were also charged for raising $8 million through an...

As cryptocurrencies rocketed higher in 2021, one trend was crypto platforms and companies that operated in the sector seeing high revenue and growth. This inflow of money led to some massive sponsorships across professional sports. With the crypto bear market wiping out companies and growth, could...

Editor's note: This story has been updated to accurately reflect Decrypt's reporting on Crypto.com layoffs and to correct reporting on a Crypto.com ad featuring Matt Damon.  Cryptocurrency exchange Crypto.com has reportedly laid off more employees during the crypto bear market. Here...

Cryptocurrency trading platform Coinbase Global (NASDAQ: COIN) announced a restructuring plan and the expectation for job cuts Tuesday morning, sending shares lower. Here are the details. What Happened: Coinbase announced a restructuring plan to help control operating expenses in response to...