Pro-soccer star Cristiano Ronaldo is facing a proposed class-action lawsuit from plaintiffs claiming they suffered financial losses due to Ronaldo’s involvement in promoting the crypto exchange Binance, which is currently facing legal issues. A Nov. 27 filing to a United States district court in Florida claimed that Ronaldo aided in the promotion and sale of […]
Global web3 technology company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, aiming to provide Brazilian users with a secure gateway to decentralized finance (DeFi) and crypto trading. The move comes as the South American nation continues to make significant progress in crypto adoption and cements itself as one of the […]
Crypto exchange Bitget is expanding with Arabic language support in the Middle East and North Africa. The MENA region, comprising 21 countries, is a vital economic hub. Bitget aims for grassroots adoption by offering native lingual support for Fiat gateways in seven currencies. On November 23, Bitget announced Arabic language support for over 11 countries […]
Creditors of Mt. Gox, a now-defunct crypto exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email hinting at soon-to-come repayments. On November 21, Nobuaki Kobayashi – the trustee overseeing Mt. Gox’s bankruptcy proceedings – started sending out emails to rehabilitation creditors about the commencement of repayments, as […]
In a major move for New Zealand’s crypto scene, Easy Crypto, with Aussie partner Labrys, introduces NZDD, a stablecoin tied to the local currency, the Kiwi dollar. This signals a fusion of traditional finance and digital currency, giving the region a new financial edge. Announcing NZDD – a new stablecoin for New Zealand and the […]
Formerly, Changpeng Zhao resigned and admitted before federal charges. His successor was none other than the CEO of Abu Dhabi Global Market, known as Richard Teng. More importantly, Teng is well experienced, being a Chief executive officer of the financial services authority of Abu Dhabi and Director of corporate finance at the Monetary Authority of […]
In a surprising turn of events, Bittrex Global, a prominent cryptocurrency exchange, announced the impending closure of its operations just months after its U.S. counterpart faced a similar fate. The platform will disable all trading activities on December 4, giving customers a narrow window to complete any essential transactions before the shutdown. After December 4, […]
Osaka Digital Exchange (ODX) plans to launch Japan’s first digital securities trading platform, “START,” on December 25, according to Bloomberg. This initiative caters to individuals looking for alternative assets that could potentially yield higher returns. As part of the launch, real estate firm Ichigo Owners plans to offer about ¥3 billion (about $20 million) worth of […]
Binance is set to publicly launch a cryptocurrency exchange in Thailand early next year through a joint venture with Gulf Energy Development, a major energy company in the region. Gulf Energy filed a report with the Stock Exchange of Thailand on Wednesday, stating that Gulf Binance Co. — the joint venture set up by Binance […]