Coinbase to sponsor NBA team in aftermath of FTX collapse
FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded. Go to Source
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Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes
The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. Go to Source
Nigerian court denies bail for Binance exec despite health concerns
Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable. Go to Source
South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October. Go to Source
Bankruptcy judge approves FTX’s reorganization plan
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users. Go to Source
Hong Kong makes HKVAX third licensed retail crypto exchange
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait. Go to Source
Binance founder CZ walks free from US prison
He served four-months in federal prison for charges including alleged violations of US anti-money laundering (AML) rules. Go to Source
Long and short positions in crypto, explained
Long positions profit from rising crypto prices, while short positions profit from falling prices. Go to Source
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announcement, the recognition marks a significant milestone for the exchange, allowing it to … Read more
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. Go to Source
