Binance to halt crypto futures and options in Australia

Binance, the largest crypto exchange in the world, will discontinue its derivatives offerings to crypto traders in Australia by the end of this year.

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Binance under US scrutiny for alleged insider trading

US authorities are scrutinising Binance, the largest crypto exchange in the world, once again. This time the company is under investigation by the Commodity Futures Trading Commission (CFTC) for alleged insider trading and market manipulation. The exchange is already under fire from several regulators, including The Justice Department (DOJ) and the Internal Revenue Service (IRS).

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Bitcoin (BTC) exchange FTX launches cross-chain NFT trading between Ethereum (ETH) and Solana (SOL)

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has announced the launch of a cross-chain NFT trading platform based on FTX US. The main advantage of the new solution is considered the ability to sell non-fungible tokens (NFT) between Ethereum and Solana blockchains.

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FTX exchange buys crypto derivatives platform Ledgerx

On 31st August, FTX announced it was interested in acquiring the Ledgerx cryptocurrency derivatives platform.

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Coinbase error makes customers panic sell everything

The cryptocurrency trading platform Coinbase erroneously reported the 2FA (two-factor authentication) setting changes to about 125,000 customers, provoking some of them to sell assets.

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Australian crypto exchange Swyftx launches in New Zealand

Today, the Australian cryptocurrency exchange Swyftx launched an additional platform for investors from New Zealand. It will offer customers bank deposits and withdrawals in New Zealand dollars through local banks.

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Philippine’s crypto exchange secures $12.5M for development

Philippine Digital Asset Exchange (PDAX), a crypto exchange in the Philippines, is reportedly trying to attract new investors. The exchange promotes the use of digital assets in the country. PDAX has already netted $12.5 million (~£9.09 million) in its latest funding round from a UK venture capital group, in partnership with BC Group. 

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Binance refutes market manipulation claims

Binance, the world’s largest crypto exchange, has denied recent allegations from Twitter user RealFulltimeApe, a fake former employee claiming that the company countertrades and liquidates its users.

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Coinbase to purchase $500M worth of crypto

Coinbase’s board has green lighted a purchase of over $500 million (~£367 million) worth of cryptocurrencies on its balance sheet. 10% of future profits will be reinvested in digital assets.

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All South Korean crypto exchanges fail regulatory audits

Another hit for crypto exchanges of South Korea — every single one of them has failed their regulatory “consulting” audits.

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