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Exchange News
Regulatory Change: SEC Drops Uniswap Inquiry
Summary
Uniswap Cleared: The value of the UNI token briefly increased as the SEC wrapped up its investigation against Uniswap Labs.
The CEO of Uniswap makes the case for custom…
Upbit Exchange Faces South Korean Regulatory Clampdown
Summary
Suspension Imposed: South Korea has partially suspended crypto exchange Upbit for three months due to compliance failures.
KYC and AML Lapses: The suspension is a result of…
Malicious Github Repositories Launch Stealth Assaults Against Cryptocurrency Wallets
Kaspersky's GitVenom campaign exposes widespread GitHub exploitation via deceptive repositories that include cryptographic risks.
Summary
• Kaspersky researchers discovered an attack…
Bybit CEO Addresses ETH Shortfall
Summary
Bybit CEO Ben Zhou said the exchange filled the gap in its ETH reserves after a $1.4 billion exploit.
The exchange plans to release an audited proof of reserves report to…
Changpeng Zhao Wishes to Offer a $1 Million Community Contribution
Summary
Former Binance CEO Changpeng Zhao has declared plans to distribute more than $1 million he received after giving to the victims of the LIBRA rug pull.
CZ claims he wants to…
South Korean Tax Service Is Investigating Upbit and Small Coin Issuers
According to reports, the body that handles matters relating to "overseas tax evasion" is also investigating the market-leading cryptocurrency exchange.
Summary
• The South Korean National…
ByBit Criminals Ho Kai Xin Gets Nearly Decade For Massive Scheme
ByBit's payroll fraud case exemplifies the dangers of unrestricted financial access, as a single employee altered records to take millions unnoticed. With a substantial prison term handed…
BitGo Officially Opens OTC Trading and Is Planning an IPO by the End of 2025
BitGo has announced the debut of its OTC trading desk, and it has begun discussions to determine whether it will issue its IPO by the end of 2025. The well-known cryptocurrency custodian may…
FTX Users Get Payouts Under $50K
FTX customers who have submitted claims under $50,000 are now receiving their funds.
Summary
• FTX users with claims under $50,000 are now receiving their funds.
• Kraken and BitGo,…
Binance CEO Alerts of Rising “Share-Seed-Phrase” Scam in the Crypto World
Binance CEO Richard Teng warns of a growing "share-seed-phrase" fraud targeting cryptocurrency users. Scammers deceive victims by sending false warnings claiming to have hacked their…