Recently, popular crypto exchanges Binance and Bybit have dropped hints about launching new Solana-related products. The cryptic messages posted by Binance’s official X account, stating “BNSOL” and “coming soon,” along with Bybit’s announcement of a new product called “bbSol,” have led to speculation within the crypto community. While both exchanges have remained tight-lipped about the
Exchanges
The recent $234 million hack at WazirX has sent shockwaves throughout the crypto community, with the platform now entering an initial 30-day moratorium as a result. This development has raised questions about the platform’s security measures and has led to a legal battle with rival platform CoinSwitch. WazirX’s decision to enter a 30-day moratorium following
The US government has recently responded to former FTX executive Ryan Salame’s attempt to void his guilty plea, which he believes was based on false promises made by prosecutors regarding the investigation of his partner, Michelle Bond. The US Attorney’s Office refuted Salame’s allegations, calling them “demonstrably false” and emphasizing that the charges against Bond
The recent security breach on the Indian cryptocurrency exchange WazirX has led to a comprehensive restructuring plan being put into place. However, the exchange has warned that external parties not invested in the platform may try to prolong the restructuring process for their own gains. These parties are said to be creating and maintaining “uncertainty”
Recently, a US federal judge made the decision to deny crypto exchange Kraken’s request to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The SEC had alleged that Kraken was operating an unregistered securities exchange, broker, dealer, and clearing agency. The complaint from the regulator also stated that Kraken had been illegally
Coinbase, one of the leading cryptocurrency exchanges, has made a significant decision to support the Ethereum layer-2 network Polygon’s planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). This move was announced on Aug. 21, with the migration process set to commence on Aug. 26. During the migration process, users will