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Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
cryptocurrency exchange

Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed

The registration deadline for Mt. Gox creditors has been pushed back by another month, allowing creditors to file claims until April 6. The distribution of assets to creditors will now start from Oct. 31 instead of Sept. 30. Mt. Gox creditors have been waiting for years to get compensated for losses incurred because of the exchange hack in 2014. The extension in the deadline means that creditors will have another month to decide whether to take a lower amount now or wait another nine years to get the full amount.

Binance Insider Allegedly Helps Users Bypass KYC Security Protocols
cryptocurrency exchange

Binance Insider Allegedly Helps Users Bypass KYC Security Protocols

A report by CNBC alleges that employees and volunteers at Binance have been helping customers in China bypass the exchange's Know Your Customer Controls (KYC). The report points to Binance's Chinese-language chat rooms where users can access shared messages on techniques to bypass KYC, residency, and verification protocols allegedly coming from Binance employees or trained volunteers known as "Angels."

Media Outlets Object to Withholding Identities in FTX Bankruptcy Proceedings
cryptocurrency exchange

Media Outlets Object to Withholding Identities in FTX Bankruptcy Proceedings

Major media outlets have objected to the withholding of non-US customer identities during FTX's bankruptcy proceedings, citing the public's right to access bankruptcy filings. FTX and its customers have failed to justify the need for such secrecy, according to the media outlets.

FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings
cryptocurrency exchange

FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings

FTX US has announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC for an undisclosed sum.

Zipmex Requests Moratorium Extension in Singapore
cryptocurrency exchange

Zipmex Requests Moratorium Extension in Singapore

Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform.

TZERO Shut Down Crypto Exchange
cryptocurrency exchange

TZERO Shut Down Crypto Exchange

Customers may "orderly remove" assets on March 6.

Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency
cryptocurrency exchange

Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency

Bithumb designates Velo Protocol's VELO a cautionary cryptocurrency over transparency concerns, halting deposits starting 2/22. Bithumb to reevaluate status in March.

Binance Adds 11 Tokens to PoR Report
cryptocurrency exchange

Binance Adds 11 Tokens to PoR Report

Binance cryptocurrency exchange has included 11 more tokens in its proof-of-reserves report, taking the total number of assets in its system to 24, valued at over $63 billion.

Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
cryptocurrency exchange

Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM

The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.

Binance.US Refutes SEC's Attempted Asset Freeze, Vows to Defend Itself in Court
cryptocurrency exchange

Binance.US Refutes SEC's Attempted Asset Freeze, Vows to Defend Itself in Court

In a recent update, Binance.US, the American affiliate of leading cryptocurrency exchange Binance, provided an encouraging development in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC).

Revolut Introduces Crypto Staking to UK and EEA
cryptocurrency exchange

Revolut Introduces Crypto Staking to UK and EEA

This week, Revolut's "soft testing" staking function will launch.

Bankman-Fried May Plead Next Week Before Judge Lewis Kaplan In NY Federal Court
cryptocurrency exchange

Bankman-Fried May Plead Next Week Before Judge Lewis Kaplan In NY Federal Court

Former FTX CEO Sam Bankman-Fried will appear in court on January 3. He faces two wire fraud charges and six conspiracy charges for the FTX bitcoin exchange crash. His close circle at FTX and Alameda Research pled guilty and cooperated.

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