ChainCatcher news, according to official sources, on October 10, 2024, Rifad, the General Manager of OKX Middle East, announced that OKX has become the world's first cryptocurrency trading platform to obtain a full operating license in the UAE. Rifad stated that in the future, OKX will continue to invest, grow, and expand in the region. Dubai has become one of the global centers for virtual assets, and the region is increasingly recognized for its technological innovation and development strategies. We are eager to participate in the technological innovation and community building in the ever-evolving digital asset space.

ChainCatcher news, the cryptocurrency trading platform Wintermute announced on platform X that it has become a member of the European futures exchange Eurex and will strictly adhere to Eurex's standards.It is reported that the European futures exchange (Eurex) is the electronic trading platform for Serie A, which provides access to a wide range of international benchmark products, created by Deutsche Borse AG and the Swiss Exchange.

ChainCatcher news, according to Cointelegraph, the complaint released by the FBI shows that Adam Iza, the founder of the cryptocurrency exchange platform Zort, is suspected of paying up to $280,000 per month in bribes to three officers of the Los Angeles County Sheriff's Department (LASD) to illegally obtain search warrants and sensitive police data.The FBI investigation revealed that Iza used this illegally obtained information to extort and harass a victim codenamed E.Z., attempting to gain access to their laptop used for storing cryptocurrency. Case details disclosed that Iza had attempted to kidnap E.Z. and intimidated the victim by sending personal information from the police database.Additionally, the complaint also accuses Iza of concealing tens of millions of dollars in income and failing to pay income taxes between 2020 and 2022. The FBI stated that Iza paid bribes to officers through his company Zort and other affiliated entities, with individual payments sometimes approaching $200,000. Iza has now been charged with conspiracy to violate rights and tax evasion.

ChainCatcher news, according to Bloomberg, two former executives from Coinbase are launching a cryptocurrency platform called TrueX, which will use PayPal's stablecoin PYUSD as its preferred trading token. PYUSD issuer Paxos will provide third-party custody services for TrueX users. TrueX will initially be open to U.S. institutions and certain international institutions in some regions.Additionally, Paxos is also one of the investors participating in the seed round financing of this startup, with TrueX raising $9 million from venture capitalists such as RRE Ventures and Hack VC.It is reported that before co-founding TrueX, Vishal Gupta served as the head of trading at Coinbase. During his time at Circle, he was responsible for overseeing the launch of the USDC stablecoin. Patrick McCreary previously worked as a senior engineer at Coinbase. Both have worked at Goldman Sachs.

ChainCatcher news, the Spanish cryptocurrency exchange platform Bit2Me has announced that it has received approval from the Argentine National Securities Commission (CNV) to become a Virtual Asset Service Provider (VASP).In March of this year, the CNV opened registration for Virtual Asset Service Providers, which is a prerequisite for companies in the industry wishing to operate in the country. According to the official list provided by the CNV, a total of 79 companies have been approved so far.Previous news, on June 15, 2023, Bit2Me completed a $15 million financing round, led by Investcorp, with participation from Telefónica's investment arm Telefónica Ventures, Stratminds VC, Cardano, and YGG Fund.

ChainCatcher news, according to CoinDesk, the cryptocurrency exchange platform Kraken has requested a jury trial for the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), as indicated in court documents on Thursday.Last month, a judge in California ruled that the SEC's lawsuit against Kraken would proceed to trial. This ruling came after the agency filed similar lawsuits against Binance and Coinbase, which also face allegations of violating federal securities laws for failing to register as brokers, clearing agencies, or exchanges with the SEC.The SEC filed a lawsuit against Kraken in the Northern District of California last November, seeking a permanent injunction to prevent the exchange from further violating securities laws and seeking the return of its "illegally obtained" profits along with other civil penalties. The regulatory agency listed ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and SOL tokens as 11 unregistered securities.In the court documents on Thursday, Kraken reiterated its position, denying that it engaged in illegal activities, responding to each allegation in the SEC lawsuit, and presenting 18 additional defenses.

ChainCatcher news, the Indonesian cryptocurrency trading platform Indodax announced on X platform that its security team has discovered potential security signs on the platform. A comprehensive maintenance is currently underway to ensure the entire system operates normally. During this maintenance, the INDODAX web platform and application are temporarily inaccessible. But there is no need to worry, as it can be ensured that users' cryptocurrency and rupiah balances remain 100% secure.

ChainCatcher news, according to Cyvers Alerts monitoring, the wallet of the Indonesian crypto trading platform indodax has conducted over 150 suspicious transactions across different networks, with a total loss of approximately 18.2 million USD. Suspicious addresses are exchanging various tokens for Ethereum.

ChainCatcher news, according to The Block, the cryptocurrency trading platform Uphold is launching dollar interest accounts with an annual interest rate of up to 5%.The company's CEO Simon McLoughlin stated that this move aims to attract new customers and incentivize users to hold more capital on the platform. Uphold mentioned that by partnering with Atomic Brokerage, the interest accounts can offer an annual interest rate of up to 5%.

ChainCatcher news, former Mt. Gox CEO Mark Karpeles plans to launch his new cryptocurrency trading platform later this month, focusing on transparency and user-friendliness. The upcoming platform is named EllipX and is set to launch in Europe later this month, headquartered in Poland.Karpeles stated that the structure of the new trading platform will be similar to that of the New York Stock Exchange, but aimed at cryptocurrencies. To ensure the platform's transparency, Karpeles plans to separate the different operational entities of the trading platform. Karpeles is also preparing to launch a nonprofit organization called Ungox, which will provide a rating system for cryptocurrency projects and exchanges.

ChainCatcher news, according to Jinshi reports, market news says: Nigeria has temporarily approved the operations of two cryptocurrency exchanges.

ChainCatcher news, according to Chainwire, the cryptocurrency trading platform Neverless, launched by three former Revolut executives, has completed a $6.7 million funding round, with the investors yet to be disclosed. The application allows for commission-free cryptocurrency trading and invests in an automated investment account. Neverless enables users to buy and sell cryptocurrencies with zero fees.It is reported that a few months ago, the company registered as a Virtual Asset Service Provider (VASP) with the Bank of Spain.

ChainCatcher news reports that according to UEEx market data, the price of the cryptocurrency exchange platform token UE Coin (UE) on the UEEx platform briefly rose from 0.009 USDT to 0.4 USDT today, with a maximum increase of 4344.44%.According to informed sources, UEEx has recently invested in a publicly listed company, and this event is considered the main reason for the significant rise in UE's price.UEEx is a cryptocurrency exchange platform established in 2021, dedicated to providing users with a secure, feature-rich, and transparent trading environment.

ChainCatcher news, according to Cointelegraph, the Canadian cryptocurrency exchange platform ezBtc and its founder David Smillie misappropriated approximately 13 million Canadian dollars (about 9.5 million US dollars) of customer cryptocurrency assets and used these funds for gambling, thereby deceiving customers.The ezBtc platform permanently closed around September 2019 and was dissolved in 2022, claiming to store all users' cryptocurrency investments in cold wallets. During its operation from 2016 to 2019, ezBtc accumulated over 2,300 bitcoins and more than 600 ETH from cryptocurrency investors.According to the BCSC panel, Smillie used nearly one-third of user funds for gambling and personal use. ezBtc transferred a total of 935.46 bitcoins and 159 ethers to Smillie's exchange accounts or to CloudBet and FortuneJack. Transfers to these two gambling sites were sometimes made directly from ezBtc and sometimes indirectly from ezBtc to Smillie's exchange accounts before being transferred to the gambling sites.

ChainCatcher news, according to official news from the cryptocurrency trading platform WEEX, to celebrate the launch of the newly upgraded contract copy trading system "Copy Trading Pro" on the WEEX App and Web, the platform will offer a total prize pool of 50,000 USDT for copy trading experience rewards from August 7, 00:00 to August 14, 23:59 (UTC+8). The details include:Daily surprise airdrop for Copy Trading Pro: daily prize pool of 2,000 USDT;Surprise gifts for new users in copy trading: randomly receive 5-188 USDT;Net profit champion competition: the traders and followers with the highest net profit will each receive a piece of WEEX pure gold merchandise. For detailed rules, please refer to the original announcement.

ChainCatcher news, according to Finance Feeds, the cryptocurrency trading platform HKX has decided to close its operations in Hong Kong. With no plans to resume services or reapply for a license, the HKX management team announced the decision to cease operations and advised existing users to withdraw their crypto assets as soon as possible.

ChainCatcher news, according to reports, the virtual currency trading platform AAX has ceased operations since the end of 2022, and customers have been unable to withdraw related virtual assets. Hong Kong police arrested another 39-year-old local man yesterday, suspected of managing the platform. The police stated that after further investigation, the Commercial Crime Bureau identified a man related to the case. This man left Hong Kong in November 2022 and was arrested upon his return to Hong Kong yesterday.

ChainCatcher news, according to Decrypt, John Bigatton, a promoter of the Bitcoin trading platform BitConnect, has been convicted by the Sydney District Court for providing unauthorized financial advice.From August 2017 to January 2018, Bigatton promoted BitConnect through seminars and social media, offering financial advice without proper authorization. According to court records and a statement from the country's corporate regulator on Sunday, John Bigatton was sentenced on Friday to three years of good behavior recognition and was disqualified from managing companies for five years.These lawsuits are now being overseen by the Australian Federal Police under the Proceeds of Crime Act, while the New South Wales Supreme Court proceedings are still ongoing.It is reported that Bigatton was previously banned by ASIC from providing financial services for seven years in 2020. In May of this year, he pleaded guilty to providing unlicensed financial advice.