#exchange

Over the past few days, decentralized exchange ShapeShift has climbed to the top spot in terms of daily trading volume facilitated by THORChain technology. ShapeShift's average transaction size reaches $123,697, significantly outpacing its competitors (DefiSpot, TS Ledger, THORSwap) by nearly double.

The U.S. Securities and Exchange Commission (SEC) has charged an additional 17 managers connected to the cryptocurrency platform CryptoFX, accusing them of orchestrating a $300 million Ponzi scheme. This action comes 18 months after the SEC banned CryptoFX's operations and accused its founders of fraud.

Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), has underscored the urgency of adopting instant settlement processes for the nation's regulated markets to keep pace with the fast-evolving cryptocurrency sector.

A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase.

The U.S. Securities and Exchange Commission (SEC) contends that bankrupt Terraform Labs should not be permitted to cover the costs of expensive legal representation for its employees.

Australian crypto exchange OTCPro mistakenly sent $653,000 instead of the intended $65,300 to a corporate account belonging to Kow Seng Chai. Mr. Chai quickly withdrew the funds using the Tether (USDT) stablecoin. When the mistake was discovered, attempts to contact him were ignored, and the phone number provided turned out to be incorrect.

Decentralized crypto exchange PancakeSwap intends to open source its code. This will allow external developers to either fork the code or use it to develop new applications on various blockchains, exclusively through a specialized affiliate program.

Today, March 28th at 9:30 AM EST, a sentencing hearing for Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, is scheduled to take place in the Federal Court building in downtown Manhattan.

The decentralized exchange landscape is set for a major upgrade with the official announcement of PancakeSwap V4. This latest version of the protocol introduces a series of enhancements, drawing inspiration from the strides made by Uniswap V4.

A handful of bold investors are seeking to acquire preferred shares of the defunct crypto exchange FTX, drawn by the rising value of assets held for compensation despite almost nonexistent prospects for payouts. Preferred creditors rank at the very bottom of the payout hierarchy in bankruptcy proceedings.

The UK's Financial Conduct Authority (FCA) will start accepting applications for Bitcoin and Ethereum crypto cETNs (Exchange Traded Notes).

The purported Hong Kong offices of the cryptocurrency exchange BitForex, which has recently restricted users' ability to withdraw funds, have been exposed as nothing more than vacant units situated in both industrial and tourist districts. This revelation comes from DLNews journalist Callan Quinn, who personally inspected each address provided on the company's official web pages.

LedgerPrime, previously a hedge fund within the collapsed crypto exchange FTX, has made a comeback under the new banner of MNNC Group, now officially registered in the Cayman Islands. Shiliang Tan, a principal partner, announced that not only has the group reclaimed most of its investor base, but it has also attracted a hefty investment sum in the process.

WhiteBIT has stepped up its game by becoming an official broker on TradingView, the renowned cryptocurrency trading platform. This partnership enables users to directly engage in trading on TradingView by linking their crypto wallets, thus making use of their exchange balances.

The notorious FTX exchange has settled a lawsuit to recover $323 million spent in 2021 to acquire a European startup.

Uniswap, a decentralized cryptocurrency exchange, has recently launched a unique feature: free Web3 names for all its users. These aren't just any names; think "one.uni.eth" or "crypto.uni.eth" – a fresh take on the traditional crypto wallet format. Nicknames can be acquired and customized exclusively through the Uniswap mobile app.

Backpack, a new cryptocurrency exchange, has officially launched operations in 11 U.S. states, including California, Colorado, and Indiana.