Zero Ex
Zero Ex

Zero Ex

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Do Kwon and Terraform Labs Officially Charged by the SEC

17 Feb 2023 2 minute read 4 comments ZeroRequiem

Hey Peeps!       On February 16th, the U.S. Securities and Exchange Commission (SEC) announced, via press release, charges against Terraform Labs and it's co-founder and CEO, Do Kwon, for defrauding investors.  The SEC claims the Terraform and Kwon...

Is Binance.US the next FTX?

16 Feb 2023 2 minute read 13 comments ZeroRequiem

Hey Peeps!     On February 16th, Reuters dropped bombshell report that claims Binance's affiliate company in the United States, Binance.US, moved $400 million to Merit Peak Ltd, which is a trading firm managed by Binance CEO Changpeng "CZ" Zhao.  No...

Celsius Reaches Agreement with NovaWulf to Reorganize and Create a New Company

15 Feb 2023 2 minute read 12 comments ZeroRequiem

Hey Peeps!     On February 15th, Celsius submitted a reorganization plan, to the U.S. Bankruptcy Court of the Southern District of New York, that calls for a full sale and reorganization of Celsius as a new company. Out of the 40 potential bidders,...

Coinbase is Ready To Defend Staking Against the SEC

14 Feb 2023 1 minute read 18 comments ZeroRequiem

Hey Peeps!     On February 12th, the Co-Founder and CEO of Coinbase, Brian Armstrong, tweeted out to the world that the crypto exchange is ready to defend their staking services in court.  The tweet provides a link to a Coinbase blog post, which is...

Paxos ditches Binance as they Prepare to Battle the SEC

13 Feb 2023 1 minute read 7 comments ZeroRequiem

Hey Peeps!     On February 13th, Paxos announced, via press release, that they will halt the minting of new BUSD tokens, and an end to the business relationship with Binance for the branding of the stablecoin.  Paxos is the owner and issuer of the s...

FTX Threatens to Sue if Political Donations are Not Returned

11 Feb 2023 2 minute read 10 comments ZeroRequiem

Hey Peeps!     On February 5th, FTX published a press release that officially requests the return of all political donations made under the direction of former FTX CEO Sam Bankman-Fried.   SBF appears to have used company, and quite possibly custome...

Kraken Fined $30 Million by SEC, will Halt Staking for U.S. Customers

10 Feb 2023 2 minute read 15 comments ZeroRequiem

Hey Peeps!     On February 9th, Kraken announced, via their blog, that they have agreed to a settlement with the U.S. Securities and Exchange Commission (SEC) regarding their Crypto Staking service.  The settlement comes as a result of the SEC charg...

Potential Buyers Interested in Acquiring Hodlnaut

9 Feb 2023 1 minute read 4 comments ZeroRequiem

Hey Peeps!     On February 6th, Bloomberg News published a report that claims “various parties are interested in acquiring” Singapore-based crypto platform, Hodlnaut.   The prospective buyers are supposedly in the process of signing non-disclosure a...

Binance Suspends U.S. Dollar Bank Transfers

8 Feb 2023 1 minute read 7 comments ZeroRequiem

Hey Peeps!     Without much of a notice, Binance announced that they will be suspending all U.S. dollar withdrawals and deposits starting on February 8th.    To add to the strange situation, Binance gave little to no reason for this sudden announcem...

Gemini and Genesis Agree to $100 Million Deal for Earn Program

7 Feb 2023 2 minute read 2 comments ZeroRequiem

Hey Peeps!       On February 6th, Genesis announced, via press release, an agreement with Gemini and Digital Currency Group (DCG) for a "global resolution that will maximize value for all Genesis clients and stakeholders".    Genesis Global Capital,...