Crypto Exchanges
Get the latest updates on crypto exchanges in MENA and Globally, including news about trading platforms, market trends, and innovations. Explore how major exchanges are shaping the digital asset ecosystem and driving adoption in blockchain and cryptocurrency markets.
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Circle and Silvergate Bank Troubles Prompt Binance to Convert Recovery Funds to Crypto
The drop in value of the USD Coin (USDC), a stablecoin pegged to the US dollar, occurred as a result…
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Abu Dhabi Al Nawwar Investments to Acquire FTX Interest in Sequoia Capital for $45M
According to court documents, Alameda Research, the investment arm of FTX, has reached a $45 million cash agreement with Abu…
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Huobi HT Token Plummets, Prompting Justin Sun to Inject $100 Million to Reassure Traders
Justin Sun, a crypto tycoon from China, aimed to alleviate worries about the stability of Huobi, a major digital asset…
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Shocking Numbers: FTX Counsel and Advisors Acquire $34M in January
According to court documents, in January, the law firms, investment banks, and consulting companies assisting FTX with its bankruptcy case…
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FTX Sues Grayscale and DCG
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was…
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Kraken Surprises Crypto Industry with Launch of Regulated US Bank for Digital Assets
Cryptocurrency exchange Kraken is allegedly making progress towards its goal of establishing its own bank. The exchange’s decision to pursue…
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LBank and Encryptus Team Up to Simplify Cryptocurrency Payouts in Over 100 Countries
LBank, a top token-to-token crypto exchange, has joined forces with Encryptus Europe UAB, a licensed crypto and fiat infrastructure company,…
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Former FTX Engineering Director Admits to Fraud Charges and Agrees to Cooperate with Prosecutors
Nishad Singh, a former engineering director at FTX, has admitted to committing fraud and has agreed to assist US prosecutors…
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Binance Closes Derivative Positions of Some Australian Users
On Thursday, Binance admitted to mistakenly categorizing several Australian users as “wholesale investors”, which led to the forced closure of…
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Unveiling the Flaws in Regulatory Oversight: Former Kraken CEO Critiques After SEC Settlement
Jesse Powell, the CEO of crypto exchange Kraken, has criticized financial regulators in the United States for favoring their own…
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