Coinbase, a leading cryptocurrency exchange, has recently announced the reintroduction of XRP trading support for New York residents. This development comes after a period of suspension due to regulatory concerns, signaling a positive shift in the relationship between Coinbase and the state of New York. In January 2021, Coinbase made the decision to suspend XRP
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Ben Zhou, the CEO of Bybit crypto exchange, has vehemently refuted rumors circulating on social media regarding the alleged insolvency of the exchange. In response to these claims, Zhou stated that the rumors lacked any factual basis and urged the public to be cautious when believing such unfounded allegations. To support his dismissal of the
The recent decision by the First District Court of Appeals in Florida to nullify an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US has sparked a wave of discussions in the crypto community. Earlier this year, the regulator banned Binance.US from serving Florida residents, citing “immediate danger” to the public
In a recent development, a Kraken executive has denied any plans to delist Tether’s USDT stablecoin in Europe. Mark Greenberg, the Global Head of Asset Growth & Management Business at Kraken, stated that the company is exploring all options to ensure that USDT remains available under the upcoming regulatory regime. Despite the uncertainties surrounding the
The Tokyo-based Bitcoin exchange, Mt. Gox, has recently announced its plans to release a substantial amount of Bitcoin (BTC) into the market. This move signals the long-awaited disbursement of payments to creditors who had suffered losses due to a hack attack that occurred back in 2011. Reports from Reddit indicate that the Kraken Bitcoin (BTC)
Following a system-wide outage that lasted over three hours, Coinbase claimed to have resumed operations. However, numerous customers took to social media to dispute this claim, stating that they were still unable to withdraw their funds. One user, Nigel Dias, shared his experience of trying to send his crypto only to be met with a
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