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Crypto Exchange
FTX’s Sam Bankman-Fried Denies Crypto Exchange Is Planning to Acquire Huobi
Huobi’s native token HT declined about 6% following Bankman-Fried’s tweet.

Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
KordaMentha has been appointed as Zipmex's financial adviser to oversee a recovery plan.

Afghan Authorities Reportedly Shut Down 16 Crypto Exchanges in 1 Week
The Afghanistan police force shut down 16 crypto exchanges in the country's western Herat province over the past week, according to independent local media outlet Ariana News. "The Hash" hosts discuss why it might be a "bullish" move for the industry and where it fits in the global crypto crackdown.

Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.

FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
The Nasdaq-listed company will now focus on its asset-management and custody businesses.

Abrdn Buys Stake in Digital Exchange Archax
With the investment, the U.K. asset manager has become Archax's largest outside shareholder.

Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down
FTX and Huobi are also inaccessible as the authorities restrict access to unlicensed centralized trading platforms.

Crypto Trading Platform Hotbit Suspends Service Amid Criminal Investigation Into Former Employee
The person worked for the platform until April, and was involved in an external project suspected of violating criminal laws.
