Chilean Court of Appeals has ruled in favor of crypto exchange Orionx, resolving that the state-owned bank Banco Estado should reopen the company’s deposit account, local news outlet La Tercera reported July 12.
The Fourth Chamber of the Court of Appeals of Santiago has accepted the appeal filed by Orionx crypto exchange against Banco Estado, which closed the company’s deposit account in late March.
At that time, the bank cited the lack of “regulatory recognition of [cryptocurrency trading]” as justification for its decision.
Now, by the ruling of the Court of Appeals, Banco Estado has been ordered to reopen the deposit account of Orionx.
In May, the president of Central Bank of Chile Mario Marcel announced that they are considering the development of a regulatory framework for cryptocurrencies, in order to better manage the risks associated with crypto trading.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is offering a massive bounty to crack crypto’s largest theft in history. The exchange is pledging 10% of recovered funds—potentially up to $140 million—to cybersecurity experts and blockchain analysts who help…
Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals.
Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month.
M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13. 7 million in digital assets. In a Nov. 1 statement, the exchange disclosed that the incident occurred on Oct.
Crypto exchange Bitrue has received approval as a Virtual Asset Service Provider in Lithuania, enabling it to offer crypto exchange and custody services. Singapore-based crypto exchange’s Lithuanian branch has been granted approval as a Virtual Asset Service Provider, allowing the…
Centralized exchange Crypto. com has sued the U. S. Securities and Exchange Commission shortly after receiving a Wells Notice from the agency. The Securities and Exchange Commission issued a Wells Notice against Crypto.
On Tuesday, digital asset exchange Crypto. com became the latest target of the US Securities and Exchange Commission (SEC), which has been increasingly employing a regulation-by-enforcement strategy over the past year.
According to analysts, there is only one exchange in DeFi to look out for: Lunex Network, the next 1000x crypto in 2025. Lunex Network, a DeFi elite crypto exchange in a world of evolving digital tokens and crumbling fiat currencies, has been anticipated by many as the next big thing in the world of cryptos. While long-standing industry […]
Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank Inc., a Japanese crypto trading platform, is seeking to go…
In a remarkable milestone for the cryptocurrency sector, Bybit, a leading Singapore-based crypto exchange has surpassed San Fransisco-based crypto exchange Coinbase in terms of trading volume, securing its position as the second-largest crypto exchange in the world.
This week, the U. S. Securities and Exchange Commission might approve spot ether exchange-traded funds (ETFs), the House of Representatives may vote in favor of a crypto market structure bill, the company behind a decentralized exchange is arguing with the SEC, and that's all just in the U.
XT. com is now the third crypto exchange in the last 2 weeks to confirm Mollars token will be listed for trading. The announcement was made via XT’s zendesk blog [view] last week, but is just being noticed by most investors.
U. S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U. S. , lied to at least one of its investors about operating in the U.
UK-based digital bank Revolut is preparing to introduce more extensive crypto exchange services, according to a report from Coindesk on Feb. 16. That report cites an email to a UK customer describing a “new crypto exchange, built with advanced traders in mind.
Decentralized cryptocurrency exchange dYdX has introduced new measures to reduce trading risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to the statement, the crypto exchange has increased margin requirements in several “less…
Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]
Indonesia’s financial services regulator is gearing up to unveil its long-awaited national crypto exchange this month, marking a significant step forward for the country’s burgeoning digital asset industry.
Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […]
The U.S. Securities and Exchange Commission issued a Wells notice to crypto exchange Bittrex last month.
The notice was likely issued before the exchange announced its decision to suspend all oThe post The SEC has a new target in the crypto space and this is how its going so far appeared first on AMBCrypto.
Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said.
With the FTX crypto exchange debacle in the rearview mirror, the ghosts of the industry’s former leading exchange are still haunting the cryptocurrency market, given the exclusion of this year’s National Football League (NFL) biggest night.
Per a Reuters report, crypto exchange Binance will launch a popular product in Brazil, one of the most dynamic regions for the nascent asset class. The crypto exchange will roll out prepaid cards for its users in the country.
Crypto exchange Gemini and its founders, the Winklevoss twins, are facing a class-action lawsuit for allegedly not registering their interest-bearing accounts as securities and thereby violating the United States Exchange Act, according to a Tweet by crypto influencer ODELL.
Crypto exchange Kraken has announced that it will exit the Japanese Market in January 2023.
The move comes two years after the exchange re-entered Japan in 2020.
San Francisco-based crypThe post Crypto exchange Kraken set to leave Japan, thanks to these reasons appeared first on AMBCrypto.
After crypto exchange FTX went belly up last month following a run on deposits exposed a deep hole in its balance sheet, prominent advocates of cryptocurrencies have been trying to distance themselves from the asset class.
BITFRONT, the crypto exchange based out of Palo Alto, California, has announced that it will cease all operations towards the end of the year. The exchange was initially launched as BITBOX in SingapoThe post US-based crypto exchange BITFRONT announces closure appeared first on AMBCrypto.
The collapse of the FTX exchange, a once “sound” crypto exchange, has sent new shivers in the sector. For a once thriving crypto exchange that was bailing out struggling firms, the collapse was least expected.
Liquid is an FTX-owned crypto exchange based in Japan and which Sam Bankman-Fried acquired in February this year. Liquid, a Japan-based cryptocurrency exchange acquired by bankrupt crypto exchange FTX in February this year, has halted all withdrawals and deposits.
BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022. The funds will be primarily used by the centralized exchange to design and develop key features connecting CEX with decentralized exchange (DEX) features.
Binance, the world’s largest crypto exchange by trading volume, is not abandoning its efforts to spread its tentacles to new jurisdictions and expand its global footprint despite the recent crypto market bloodbath.
Fibit Pro Exchange, the world’s first discount broking crypto exchange, announced a breakthrough in offering the best rates to buy and sell bitcoin, Ethereum, and other altcoins. The new exchange is expected to be launched with discounted transaction fees of 0.
Cryptocurrency holders of should we ‘’hodlers’’ love to dream big. They dream of big mansions, nice cars, and a life of ease. One such dream is associated with buying a Lamborghini and that’s where the ‘when lambo’ meme is born.…
BitGo and Copper have partnered to introduce a new trading model that enables off-exchange settlement on derivatives exchange Deribit. The new solution, the crypto custody firms stated in a press release shared with crypto.news, allows clients to trade spot and…
Sniping crypto is a phrase that often comes up in discussions regarding the recent LIBRA collapse as well as meme coins named after CZ’s dog, what is it and how does it affect the crypto market? Sniping crypto is a…
Crypto’s ups and downs may never vanish, but with the right data and the right strategy, they don’t have to stand in the way of achieving consistent growth
Robinhood reported a staggering 400% surge in crypto trading volume in the fourth quarter, reaching $70 billion, as retail investors flocked back to digital assets amid Bitcoin’s (BTC) rally past $100,000 and renewed enthusiasm for the broader crypto market.
CME Group reported record-breaking crypto trading volumes in the fourth quarter of 2024, reflecting a surge in institutional and retail interest in regulated digital asset derivatives. The derivatives exchange saw an average daily trading volume of approximately $10 billion in crypto futures and options during the final quarter of the year, more than 300% higher […]
The post CME Group hits record crypto trading volumes in Q4 amid rising institutional demand appeared first on CryptoSlate.
In the realm of cryptocurrency, smart money—by which we mean the wealthiest and most seasoned investors—exerts considerable influence over market trends and shapes our understanding of potential future price moves.