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Crypto.com adds passkeys and hardware tokens for advanced security
21.6.2024
Crypto.com, a certified and secure platform, has implemented state-of-the-art security measures, including hardware tokens and passkeys, to ensure that all transactions are authentic. These hardware identifiers are comparable to Yubikeys. Jason Lau, the Chief Information Security Officer...
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Coinbase releases pre-launch markets on Coinbase exchange
18.6.2024
Coinbase has recently announced support for pre-launch markets on Coinbase Advanced and Coinbase International Exchange. The tools will be made available for users in eligible areas outside of Canada, the UK, and the US. Pre-launch markets allow traders to undertake futures contracts for tokens...
Binance initiating the registration of its ZKsync (ZK)
17.6.2024
Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024. The spot trading pairs which are accessible to ZKsync...
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....
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
17.6.2024
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency platform, for operating without registration. Lbank, which ranks 56th in trading volume according to Coingecko, has been offering services to Japanese residents despite reportedly having...
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...
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...
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
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...
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...
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...
Crypto.com App now offers a new payment facility
4.6.2024
Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that...