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CoinEx’s tokens and services are under NY Attorney General scrutiny
23.2.2023
In the crypto sphere, exchanges continue to come under scrutiny by regulators and relevant authorities. The reason is pretty simple: most exchanges offer tokens and services that qualify as securities and/or commodities, but they are being offered without any registration. The New York Attorney...
Coinbase maintains strong position after revealing Q4 results
22.2.2023
Coinbase recently released its Q4 2022 earnings to market players and shareholders. The exchange has experienced an upward tick in its share prices after the release. During the quarter, Coinbase reported over 605 million dollars in total revenue. The number was strikingly down compared to the...
Coinbase is not competing with Robinhood’s stock trading function
22.2.2023
Coinbase, one of the most popular crypto exchanges, recently revealed how much negative impact the past 12 months have incurred. Coinbase boasts the capability of becoming the most popular crypto exchange in Australia. Seeing how it has already partnered with JPMorgan and Zepto, it has gained...
Japan’s FTX unit K.K. decides to return back its client’s money
21.2.2023
The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds to customers. FTX, also known as Futures Exchange, is currently a bankrupt company that previously...
Binance launches new Fan Club program with exclusive team rewards
20.2.2023
Binance has relaunched its Fan Token engagement programme today. They have done so to provide users with even more incentives and opportunities to interact with their favourite sports team. With this new programme, fans can accrue points that can be exchanged for amazing rewards...
Binance leads crypto with technical support and events in key regions
20.2.2023
Binance is running two developments simultaneously, one as support for the Vite Network upgrade and another as the host of crypto events in critical regions like Australia. To begin with, Binance has announced its support for the Vite Network. According to the announcement, the platform...
BitMEX increases accelerated withdrawals to 5 BTC per transaction
20.2.2023
BitMEX, a prominent cryptocurrency exchange in the United Kingdom, has recently launched its accelerated withdrawal feature. The platform previously only supported once-per-day withdrawals. Now, users can withdraw BTC every hour with the newly rolled-out feature. According to the latest post...
OKX to launch OKBChain in Q1-2023
17.2.2023
Come the first quarter of 2023 and OKX will go ahead with the launch of OKBChain. The aim is to foster the growth and development of the crypto sphere while driving the adoption of cryptocurrency. It would further help the ecosystem expand in terms of decentralization. Segregation with OKXChain...
KuCoin lists FLOKI effective immediately
16.2.2023
FLOKI has made advancements in recent days. The digital token is now live on KuCoin, enabling the community to deposit effectively immediately. However, traders may want to hold on to their brakes for a while since trading and withdrawals will start in the days to come. According to...
Binance announces the full agenda for its Dubai Workshop
16.2.2023
Binance recently announced the line-up and guest list for its Dubai Workshop. Sponsored by Gala Games, the workshop will be divided into three parts. The event is scheduled for February 17, and Binance has extended invitations to local users. To enter the location and participate in the session...
Coinbase tweets sharp clarifications towards SEC’s claims
13.2.2023
Coinbase clarifies all the assertions and questions that have so far been raised by the SEC on its staking services. Taking it for securities or any other similar service is based on the grounds that have been finally moved by Coinbase. Brian Armstrong and Paul Grewal took to Twitter to share...
Kraken is facing an SEC probe Regarding unregistered securities
9.2.2023
Kraken, the popular crypto exchange, is facing a probe by the Securities and Exchange Commission (SEC) The regulator has filed the probe to ascertain whether Kraken broke securities rules. The SEC is assessing the unregistered securities offered by Kraken during the advanced stage. It can even lead...
Binance.com temporarily restricts US bank transfers from February 8
7.2.2023
Binance.com recently announced a temporary suspension on all USD bank transfers. The development is expected to impact only a small portion of users. The news was shared on the official Twitter channel of Binance. As per the tweets, every other method of trading crypto will remain active. Given...
Binance launches Binance Tax in France
7.2.2023
Binance offers a huge relief to crypto traders, especially day traders who deal with thousands of transactions every year. The launch of Binance Tax in France gives customers a tool to calculate their crypto tax liabilities with absolute convenience. The aim is to streamline tax reporting...
Gemini to pump $100 million into Genesis for its bankruptcy recovery
7.2.2023
Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....
Huobi finally lists FUD to benefit crypto users
6.2.2023
Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade...
Binance restricts wallet services support for Zanmai-run WazirX
6.2.2023
The crypto community has been witnessing the ongoing debate between Zanmai and Binance. The public argument has triggered severe repercussions for the entity behind WazirX. Binance recently decided to clarify the situation for every WazirX user. The latest post by the exchange talked about Binance...
Justin Sun emphasizes the need for CEX transparency following FTX collapse
2.2.2023
Justin Sun thinks centralized exchanges (CEXs) could learn a lesson from decentralized finance (DeFi). The entrepreneur and diplomat who founded the Tron blockchain spoke at a roundtable at Philippine Blockchain Week in November 2022. The discussion inevitably turned to the newsmaking collapse...
Binance partners with Mastercard to launch prepaid crypto card
31.1.2023
Binance recently announced a partnership with Mastercard to launch the Binance Card in Brazil. The prepaid crypto card is issued by Dock, allowing users to pay bills and make purchases via crypto. It acts as the bridge that connects traditional financial services with the crypto industry. Despite...
Feds call for barring Bankman from witness tampering
30.1.2023
The bond agreement may soon be revised if US District Judge Lewis Kaplan accepts the filing submitted by Federal prosecutors, who have sought to restrict the reach of Sam Bankman-Fried. Federal prosecutors claim that Bankman-Fried is attempting to contact FTX counsel with the intention of tampering...