GMX Suffers $42 Million Exploit, Disables V1 Trading to Contain Damage
Key Insights GMX suffered a $42 million exploit targeting its V1 GLP pool on Arbitrum, prompting the platform to halt…
Bitstamp Wins Regulatory Approval in Singapore with MAS License
Key Insights Bitstamp, owned by Robinhood, has secured MPI license from Singapore’s Monetary Authority, enabling it to legally operate in…
Kraken Relocates Global Headquarters to Wyoming, Citing Pro-Crypto Environment
Key Insights Kraken has officially moved its global headquarters to Cheyenne, Wyoming, citing the state’s crypto-friendly regulations and long-standing support…
Coinbase Secures MiCA License, Establishes Luxembourg as EU Crypto Hub
Key Insights Coinbase has obtained a MiCA license from Luxembourg’s financial regulator, allowing it to legally offer crypto services across…
Pro-Israel Hackers Drain $82 Million from Iran’s Largest Crypto Exchange Nobitex
Key Insights Iran’s largest crypto exchange, Nobitex, was hacked for over $81 million in a politically motivated cyberattack attributed to…
KuCoin Launches in Thailand Amid Crackdown on Unlicensed Exchanges
Key Insights KuCoin has launched its first fully regulated exchange in Thailand, following the acquisition of ERX and approval from…
Bybit Secures MiCAR License, Sets Up European Headquarters in Vienna
Key Insights Bybit received the MiCAR license from Austria’s Financial Market Authority, enabling regulated crypto services across 29 EEA countries.…
U.S. SEC Voluntarily Dismisses Lawsuit Against Binance in Landmark Move
Key Insights The U.S. SEC voluntarily dismissed its 2023 lawsuit against Binance and former CEO Changpeng Zhao, citing policy discretion…
Thailand Blocks Access to Bybit, OKX, and Others in Crypto Crackdown
Key Insights Thailand’s SEC will block local access to five unlicensed crypto exchanges, including OKX and Bybit, starting June 28,…
Australia’s ASIC Sues Former ACX Director Allan Guo Over Crypto Exchange Collapse
Key Insights ASIC has filed civil penalty proceedings against Allan Guo, former executive of collapsed crypto exchange ACX, over alleged…