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Binance leaves Canada amidst new crypto rules
15.5.2023
Binance holds a prominent position across the globe in terms of crypto exchange platforms. Needless to say, the community expects things to work out in its favor every time, no matter the geographical region. However, if the recent announcement by the platform is anything to go by, then it appears...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
13.5.2023
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...
Visa Card holders at Crypto.com can now use Google Pay in Brazil
12.5.2023
Google Pay assists users in seeking a convenient way to execute a financial transaction. While its advanced mechanism is based on the country of operation, the basic functionality is more or less the same. Meaning, no matter the region, customers using Google Pay can make payments using the mobile...
Gemini adds PEPE coin to the list
10.5.2023
Pepe introduced $PEPE to the market in mid-April and now has the support of Gemini, marking the achievement of one of the most significant milestones. Specifically, $PEPE was launched on April 14, 2023. It has been quick enough to touch the market cap of $750 million as of May 09, 2023....
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
9.5.2023
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s...
Bittrex US files for Chapter 11 bankruptcy protection
9.5.2023
Bittrex US has become the latest entrant to a league that does not necessarily reflect a good position. Per the reports, the crypto exchange platform has filed for Chapter 11 Bankruptcy Protection as the latest step in the process of ceasing its operations in the US. The development comes days...
Binance Reportedly Investigated in US for Russia Sanctions Violations
7.5.2023
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine....
Coinbase reports 23% growth in 2023 Q1 financial results
5.5.2023
Coinbase recently released its much-awaited financial report for the 2023 Q1. The exchange has noted a massive 23% growth in its revenue, reaching 773 million dollars. The amount was a welcome surprise since expert analysts had expected its revenue to revolve around 655 million dollars. Despite...
Bitfinex to list Floki ecosystem’s native utility token, $FLOKI
4.5.2023
Bitfinex recently announced listing $FLOKI on its trading platform. The native utility token by Floki Ecosystem will accept deposits from May 4, 10 AM UTC. In addition, Bitfinex will start accepting the FLOKI token trades from May 5, 10 AM UTC. The initial trading pairs on the platform will...
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
Coinbase introduces Coinbase International Exchange
3.5.2023
Coinbase announces the next chapter of its global expansion strategy by launching Coinbase International Exchange. The platform is live across all jurisdictions except the US, bringing the most trusted and safe experience in crypto trading. Furthermore, at Coinbase, the main objective is to build...
Bybit launches Bybit Lending with hourly interest feature for lenders
3.5.2023
Holders of cryptocurrencies like BTC, ETH, and USDT, to mention a few, now have a chance to earn hourly interest with Bybit. This comes to light following an announcement by Bybit wherein Bybit has introduced a lending protocol that rolls out interest on lending every hour. Bybit Lending requires...
Institutional investors call for more clarity, per a Coinbase Survey
2.5.2023
The US was once a technological hub. Now, it was once a technology. In other words, there are other regions gaining dominance in the segment. While it is not exactly the fault of the US, there is a sector where the country needs to tighten its grip. The digital asset industry is growing faster...
OKX adds Pepe (PEPE) to Spot Trading Markets
1.5.2023
OKX, a significant cryptocurrency exchange, has revealed that it will add Pepe (PEPE) to its spot trading markets. The announcement was made on May 1, and the trading and withdrawal plan has been released. As per the schedule, PEPE/USDT spot trading is set to commence at 09:00 am UTC on May...
Gemini seeks mediation for quick settlement in the Earn controversy
1.5.2023
Gemini has been maintaining a webpage to share weekly updates with the community. These relate to the progress that it has made in the negotiation with the Digital Currency Group (DCG), Creditor Committee, Unsecured Creditors Committee (UCC), and Genesis. Per the recent update posted on April...
Crypto.com and Samsung join hands to drive global crypto adoption
28.4.2023
Crypto.com recently announced a massive partnership with Samsung. The collaboration will focus on making the crypto trading experience seamless. In addition, Samsung will honor the integration by optimizing the Crypto.com software for its Galaxy Z Fold devices. This will include the recently...
Unstoppable launches .binanceUS domain as they add network support
27.4.2023
A total of three ventures have entered into a collaboration with the common intent of passing on the benefit to the Web3 community. Binance.US, for example, has added support for Unstoppable Domains, enabling users to send and withdraw their holdings via Binance.US for any Unstoppable digital...
Coinbase files a narrow action to seek regulatory clarity from the SEC
25.4.2023
Paul Grewal, the Chief Legal Officer for Coinbase, has shared the update that the crypto venture has filed a narrow action in the federal court, seeking more clarity from the US Securities & Exchange Commission. The development aligns with the mission of Coinbase, wherein the crypto venture...
Bybit to list $TAMA on April 27, 2023
25.4.2023
Tamadoge is gaining traction in the market by getting listed on reputed exchange platforms. The recent addition to the list is Bybit, a crypto exchange platform that has operations across 160 countries. As per the Bybit reviews, it is a crypto derivatives exchange platform that provides a fair...
Huobi announces support for the upcoming ZIL (Zilliqa) Upgrade
24.4.2023
ZIL (Zilliqa) upgrade is coming, and many networks are announcing support for the update. Huobi recently joined the list by informing users about its ZIL upgrade support. The platform released an official post and tweet to announce the support. According to the post, Huobi will suspend deposits...