Tag: operations
FTX Dubai Never Started Operations and Should be Dismissed From U.S. Bankruptcy, FTX Argues
The estate argues that any court orders while FTX Dubai was part of the proceedings should stand, but that the dismissal requested "is necessary" to p [...]
Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information
As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, T [...]
U.S. Hunts Chinese Malware That Could Disrupt American Military Operations
The Biden administration is hunting for malicious computer code it believes China has hidden deep inside the networks controlling power grids, communi [...]
KuCoin denies mass layoffs, says cuts are part of ‘normal’ operations
Cryptocurrency exchange KuCoin has shut down rumors suggesting it was preparing to lay off 30% of its workforce — a figure that amounts to approximate [...]
Crypto lender Delio warns normal operations in jeopardy after asset seizures
South Korean crypto lending firm Delio has reportedly raised concerns over whether it can continue to provide normal services to clients after having [...]
Indonesia’s Long Awaited Crypto Exchange, Clearing House Starts Operations
"The establishment of exchanges, clearing houses and managers of crypto asset storage is proof that the government is present in an effort to create a [...]
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
“Paraguay has access to an abundance of surplus renewable power, and these acquisitions secure valuable, yet limited, sustainable energy contracts whi [...]
AI systems used in deadly military operations in Israel: Report
As tensions rise in the occupied territories and with Iran, the Israel Defense Forces are reportedly utilizing artificial intelligence (AI) to choose [...]
Multichain stops operations over lack of funds
Cross-chain router protocol Multichain has announced that it is "forced to cease operations" because of the lack of operational funds. The announcemen [...]
Crypto Bridging Protocol Multichain Ceases Operations
Zhaojun was "taken away" by Chinese police on May 21 with his computers, phones, hardware wallets and mnemonic phrases all confiscated, Multichain sai [...]
Binance eyes United Arab Emirates as ‘focal point’ for future operations
The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the cryp [...]
Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture 'Next Wave' of Growth
The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.”
www.coindesk.com [...]
Ripple Labs Is Expanding Operations Amidst SEC Lawsuit
The legal dispute between Ripple and the Securities and Exchange Commission (SEC) has been in progress since 2020. Presently, the case remains unresol [...]
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just d [...]
Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Commission
Nigeria's order follows a lawsuit by the U.S. securities watchdog last Monday against the largest global crypto exchange by market capitalization, all [...]