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Binance hires former Kraken compliance chief
Binance's CEO Changpeng Zhao said the company is looking to hire more compliance experts.
Zeynep Geylan 3 min read
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Exchanges
Kraken CEO Jesse Powell moving to Chairman role to focus on crypto industry advocacy
Powell would be replaced by COO Dave Ripley
Legal
Galaxy Digital pulled out of the $1.2B merger because it could not afford it, says BitGo
BitGo claim it had submitted a comprehensive financial statement as requested, hence the blame game played by Galaxy was a subtle way to cover for its illiquidity to complete the merger transaction.
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Exchanges
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India's WazirX, following the footsteps of the exchange giant Binance, said it will de-list USDC, USDP and TUSD on Sept. 26.
Trading
Crypto trader exploits GMX, manipulates AVAX price to remove $565K
An opportunistic crypto trader leveraged GMX's zero slippage design to move AVAX's price in a long and short position for five consecutive trades.
Exchanges
UK regulator says FTX has no authorization to operate in the country
UK FCA has taken a hard stance against crypto and fintech companies operating without authorization, requiring all companies offering financial services to register with it.
Mining
Grayscale Investment moves to sell all ETHPOW tokens
ETHE and GDLC funds will transfer ownership of 3,100,629 ETHPoW tokens to Grayscale Investment. The tokens will be sold when deep liquidity is developed for ETHW trading.
Exchanges
Binance misallocates $20M Helium’s HNT tokens in mistake
Binance has been able to patch the bug and is currently looking into the situation causing the loss of $20M $HNT
Regulation
Binance’s CZ says Europe’s MiCA framework could be a global crypto regulation standard
During a fireside chat on Sept. 14 at the Binance Blockchain Week in Paris, CZ said that the proposed regulatory guidelines in MiCA were "fantastic" and could become a global standard for other regulators to copy.
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Crime
Dutch police arrest suspected Bitcoin thief by tracing transactions on blockchain
Adoption
Ethereum Proof-of-Work fork set to launch 24 hours post-Merge
Exchanges
Huobi delists seven privacy tokens, citing compliance policies
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