(Kitco News) – Justin Sun, founder of the TRON network and recently confirmed ‘leader’ of the Huobi cryptocurrency exchange, said in a twitter thread on Sunday that he believes China will soon loosen restrictions on crypto.
The date for March 6 was set to allow for an “orderly withdrawal” of assets by customers.
55% of Ethereum (ETH) exchange assets are reported to be on the cryptocurrency exchanges Coinbase and Binance, according to blockchain analytics company Nansen.
Binance has stopped providing wallet services to WazirX, asking the Indian crypto exchange to withdraw any remaining assets held in Binance wallets.
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The cryptocurrency market is experiencing a new phase of growth. After a crypto winter that lasted more than a year, the quotes of the main cryptocurrencies soared.
Investment firm Cherokee Acquisition is offering the options, which will allow account holders to recover 100% of their assets in the event the major exchanges file for bankruptcy and lock customer assets.
The once thriving FTX exchange had been subject to open inquiries from the Australian Securities and Investments Commission (ASIC) since March 2022 – could financial regulators have done more to protect Australian investors’ deposits? Read on to find out more.
The UK’s finance ministry said it wanted to set new standards to stop the flow of “dark money” after the collapse of the crypto exchange last year.