CommEx, the firm that has recently acquired Binance’s Russian division, has said that it is not owned by Binance but disclosed that some of its core members are the exchange’s previous employees. In a Friday open letter, CommEx claimed it is an independent entity separate from Binance despite refraining from disclosing its ultimate beneficial…

Su Zhu the founder of bankrupt crypto hedge fund, Three Arrows Capital has been arrested in Singapore while embarking on an attempt to flee according to reports.According to a disclosure made by Teneo, the fund’s liquidator, Zhu was detained at the Changi airport on Friday after a committal order was…

As Bitcoin stabilizes around the $26,800 mark, a myriad of investors and enthusiasts are casting their analytical gaze on its future price trajectory. The renowned cryptocurrency, often heralded as digital gold, presents both opportunities and challenges in predicting its next move. This update aims to delve into an in-depth analysis of…

Decentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations.In a recent post on X (formerly Twitter), the project’s official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume as of September 29.As of now, the dashboard shows a total trading…

The fate of a spot bitcoin exchange-traded fund (ETF) in the U.S. remains in limbo as the Securities and Exchange Commission (SEC) continued to delay decisions on several high-profile applications on September 28.The regulator postponed judgments on filings from financial giants BlackRock and Invesco, along with crypto asset managers Bitwise…

One of web3 hottest new gaming platforms Meme Kombat has just launched a presale that is fast gaining momentum.Despite launching its presale just days ago, Meme Kombat has already been able to raise more than $125,000 in funds that it has pledged to dedicate to the development of its innovative…

The US Commodity Futures Trading Commission (CFTC) has announced a civil enforcement action against a crypto trading platform called Mosaic Exchange Limited and its owner, Sean Michael. In a press release dated September 27, the CFTC disclosed that the Pennsylvania-based limited liability company and its founder operated a fraudulent digital asset commodity scheme.This…

Google Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators.In a Sept 29 announcement, the tech giant will become one of the 100+ validators that helps secure the blockchain leveraging Google’s reputation for security services in several areas. Per the official release Polygon will utilize the same infrastructure…

In a recent development, police in Hong Kong and Macau have apprehended four more individuals linked to the ongoing JPEX crypto exchange case, as reported by the South China Morning Post on Friday.Of the four arrests, two took place in Hong Kong, while Macau Police made the remaining two. This…

Bitcoin (BTC) has dipped back below $27,000, but is still trading in the green for the month and to the north of its 50-Day Moving Average (DMA).September is usually one of the worst months of the year for Bitcoin, so this is a strong sign heading into October, a month…