Crypto Platforms

Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.

Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

Mudrex has teamed up with ClearTax to help users file their crypto taxes. As part of this partnership, the trader and investor communities using Mudrex will get an access to the tax computing solutions offered by ClearTax at a nominal fee.

The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

Jack Dorsey, through his payments firm Block, has announced that the creation of its Bitcoin mining chip has been completed. Following months of research and development, Block has managed to create a 3nm Bitcoin mining chip.

Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.

In the lawsuit filed by Google, the company has alleged that the two Chinese nationals were luring people to engage with scam crypto apps, getting them to deposit funds and later blocking access to their deposits.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.

KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world's largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illic...

The government of Philippines has announced a ban on Binance citing its lack of official operational licence. Residents of the country who were using the platform are distressed about the safety of their funds.

Hong Kong is continuing its ongoing crackdown on crypto platforms that are not officially registered with the authorities in the region. On the sidelines of this, the Securities and Futures Commission of Hong Kong has warned its citizens against engaging with – HKCEXP, which is suspected to be facilitating unlawful activities and could be staring...

OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.

Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.

Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

Mudrex has teamed up with ClearTax to help users file their crypto taxes. As part of this partnership, the trader and investor communities using Mudrex will get an access to the tax computing solutions offered by ClearTax at a nominal fee.

The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

Jack Dorsey, through his payments firm Block, has announced that the creation of its Bitcoin mining chip has been completed. Following months of research and development, Block has managed to create a 3nm Bitcoin mining chip.

Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.

In the lawsuit filed by Google, the company has alleged that the two Chinese nationals were luring people to engage with scam crypto apps, getting them to deposit funds and later blocking access to their deposits.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.

KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world's largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illic...

The government of Philippines has announced a ban on Binance citing its lack of official operational licence. Residents of the country who were using the platform are distressed about the safety of their funds.

Hong Kong is continuing its ongoing crackdown on crypto platforms that are not officially registered with the authorities in the region. On the sidelines of this, the Securities and Futures Commission of Hong Kong has warned its citizens against engaging with – HKCEXP, which is suspected to be facilitating unlawful activities and could be staring...

OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.