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South Korean crypto exchanges may deregister up to 600 altcoins
17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space. As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....
Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X
15.6.2024
According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam
Electrocoin Launches Its New Cryptocurrency Exchange Platform, Electrocoin Trade
15.6.2024
PRESS RELEASE. One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU. The platform includes two core services –...
Gemini reaches $50M settlement with New York AG over Earn program
14.6.2024
Gemini Trust said that affected Earn users could expect “100% of the assets owed to them” within seven days
Foreign crypto exchanges eye India for business opportunities
14.6.2024
Following the re-entry of Binance and Kucoin on Indian soil, four more foreign exchanges are viewing the country as a lucrative place to run their operations. They have put out feelers and making the right sounds. In the case of Binance and Kucoin, they received consent from the financial...
Taiwan establishes association to help crypto firms self regulate
13.6.2024
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison
OKX investigates multi-million account thefts after SIM swap attacks
12.6.2024
According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point
Binance integrates Curve (CRV) on Arbitrum One and Optimism
12.6.2024
The exciting news for the DeFi community is that Binance has easily integrated Curve Finance’s token, CRV, into Arbitrum One and Optimism. This strategic decision is expected to significantly enhance Curve Finance’s liquidity and transactional efficiency for those who employ these...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
11.6.2024
Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February
PancakeSwap integrates Zyfi for gas-free DeFi trading
11.6.2024
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges
Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’
9.6.2024
CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold
Binance reaches 200M users with $100B in assets under custody
8.6.2024
The 200 million user mark represents over a third of all cryptocurrency holders worldwide
New York Stock Exchange-backed Bakkt considers sale — Report
8.6.2024
Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
7.6.2024
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny. “This move is in response to the growing demand...
Kraken gears up for an IPO with a $100M fundraising target
7.6.2024
Kraken, one of the world’s largest cryptocurrency exchanges, is making strategic measures in advance of its highly anticipated initial public offering (IPO). The company aims to raise $100 million in a final fundraising round before going public, signaling a major milestone in its growth...
Coinbase introduces Advanced Trade Go SDK
7.6.2024
Coinbase has announced the launch of the Advanced Trade Go SDK to enable users to automate their crypto trading strategies. The SDK is built on Advanced REST APIs and is a fairly flexible sample application. The community-based solution will now offer several benefits to Coinbase Advance users...
Robinhood announces an official acquisition of Bitstamp
7.6.2024
Robinhood recently announced an official acquisition of Bitstamp. The development will allow Robinhood to bring Bitstamp’s acclaimed exchange to its user base. With the acquisition, Robinhood has expanded its reach outside the US. The platform will leverage Bitstamp’s ventures to deliver...
Bybit opens registration to Chinese nationals overseas
6.6.2024
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users
Kraken preparing for $100M funding round ahead of possible IPO: Report
6.6.2024
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public