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Binance Withdraws Its Crypto License Application in Germany
28.7.2023
The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Bitget exec discusses limitations and benefits of CTA AI trading bot
27.7.2023
The bot is the third in a series of AI-trading initiatives launched this year
Binance to Restore Full Services in Japan in August, CZ Unveils
27.7.2023
Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global...
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
25.7.2023
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
25.7.2023
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...
X Meme Token Rockets Up 4,000% After Elon Rebrands Twitter But Crypto Experts Are Accumulating This Other Token Before it Lists on Exchanges
24.7.2023
Elon Musk is once again pushing crypto sky-high, as quick launch 'X' meme token pumps +4,300% overnight in latest Musk moon-shot.
The sensational price move comes following the news that Elon has rebranded Twitter as 'X.com'.
Yet while Musk has been busy re-drawing the Twitter logo...
Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens
24.7.2023
One token zoomed 1,200% even though its related project closed in May, data shows
Worldcoin's Newly-Launched WLD Token Spikes Over 20% on Major Crypto Exchanges
24.7.2023
The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday
FTX Sues SBF, Former Execs to Recover Over $1 Billion
22.7.2023
Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...
Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
22.7.2023
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for forex. The Central Bank of Nigeria (CBN) said...
Centralized exchanges will become gateways for DeFi: Finance Redefined
21.7.2023
The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week
DOGE 2.0 Rockets Up 30,000% But Crypto Whales Are Accumulating This Other Token Before it Lists on Exchanges – 100x Potential?
21.7.2023
So far 2023 has been a year characterised by explosive meme coin runs, perhaps none more successful than the incredible Pepecoin ($PEPE) pump which ignited Spring's ecstatic meme season.
But the alt coin pumps haven't stopped there, as the eye-watering gains have continued to flow from straight...
Indonesia launches its crypto exchange and clearing house
21.7.2023
The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed
Bitcoin․me Launches $150,000 in Liquidity Pool Rewards
20.7.2023
PRESS RELEASE. In its pursuit to revolutionize the cryptocurrency trading landscape, Bitcoin.me is pleased to announce the launch of three remarkable Liquidity Pools: KFI/USDT, KLV/USDT, and the latest addition, KFI/KLV. Cryptocurrencies have reshaped the world of finance, with centralized...
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
20.7.2023
The crypto trading platform plans to hire up to 60 new members of staff in the region
AI optimizing crypto exchange functions - Bitget exec
19.7.2023
Artificial intelligence tools are providing solutions to various functions and departments within major cryptocurrency exchanges
Bitcoin miners hedging with recent sell-offs - Bitfinex report
19.7.2023
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions
1Inch Token Balance on Centralized Exchanges Surges to $65M
19.7.2023
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...