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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
Binance battles to slash $13 Billion UK lawsuit in high-stakes legal showdown
6.6.2024
Binance, one of the world’s largest cryptocurrency exchanges, is taking decisive steps to significantly reduce the scale of a $13 billion lawsuit filed against it in the United Kingdom. The lawsuit, which has garnered significant attention in the financial and crypto communities, alleges that...
ByBit appears to enable registrations and authentications in China
6.6.2024
According to Wu Blockchain, a news organization based on social media, users in China can now use Bybit’s registration and authentication services to proceed with know-your-customer processes on the platform. They can do this by submitting their ID, passport, driver’s license,...
Coinbase introduces a new smart wallet
6.6.2024
Coinbase offers wallet service to its users. The platform is now aiming to revolutionize that service with the launch of a smart wallet. The goal is to support onboarding a billion users in the coming years. What makes Coinbase Smart Wallet a product to look out for are its features, like gasless...
Binance reinstates crypto buys with Visa, Mastercard payments
6.6.2024
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?
Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US
6.6.2024
Robinhood’s $200 million acquisition deal comes despite receiving a Wells notice from the SEC a month earlier
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...
Binance to release 15K USDT for new users of “Buy Crypto” scheme
5.6.2024
Binance intends to disseminate 15,000 USDT in the form of token vouchers to the new wave of users who are purchasing crypto and making fiat deposits through their “Buy Crypto” program. Incidentally, Binance is an internationally renowned cryptocurrency exchange. For the exchange, this...
Bitpanda partners with Deutsche Bank, marks industry milestone
5.6.2024
Recently, Bitpanda made a historic decision to join the club of European digital currency platforms partnering with traditional banking giants, including Deutsche Bank. This signifies a major step forward, given that it is the first time that a leading global bank has collaborated with a crypto...