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Report: CoinSwitch Kuber poised to become India's second crypto unicorn
7.9.2021
Following crypto exchange CoinDCX’s breakthrough to unicorn status this summer, CoinSwitch Kuber is rumored to be next in line – at a valuation close to twice that of its forerunner
Thai SEC intends to revoke operating license of Huobi crypto exchange
7.9.2021
Huobi's operations in Thailand have been suspended by local authorities after it allegedly failing to comply with local regulations
Bitfinex Introduces Regulated Exchange Platform
7.9.2021
Bitfinex Securities, which lets users avail a wide range of investment-related products based on blockchain technology, has recently introduced its investment exchange platform with the assistance of the AIFC Fintech Services. Its goal is to augment the availability and reach of the financial...
FTX Launches Cross-Platform NFT Marketplace
7.9.2021
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying...
ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow
6.9.2021
The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In...
NFL vs. NFT, Crypto Investment Flows + More News
6.9.2021
-eyes-digital-market/b7nvKUIXbDSf">reported. Teams also cannot sell non-fungible tokens (NFTs) as the league develops a strategy for sports digital trading cards and art.Crypto exchange FTX has launched a mint
FTX Token hits new record up 50% so far in September — What's driving FTT price higher?
6.9.2021
The latest FTT price boom came in the wake of similar upside moves across exchange assets
African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency
6.9.2021
A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African digital currency,” hence this needs to...
Crypto exchange FTX launches NFT marketplace for US-based customers
6.9.2021
Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year
BTC Markets taps licensed neobank Volt for integrated banking features
6.9.2021
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem
Regulating crypto could give it 'halo' of legitimacy, says UK watchdog
6.9.2021
The chair of the United Kingdom's Financial Conduct Authority has warned that overextending the reach of regulators could backfire in the case of some cryptocurrency tokens
Financial Authority in Singapore Includes Binance on Investor Alert List
6.9.2021
Operating as a top-tier cryptocurrency exchange cluster supporting a pool of tokens, Binance has decided to restrain some of its products in Singapore in response to the investor alert issued by the Monetary Authority of Singapore. The financial watchdog of Singapore signaled in its recent...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
5.9.2021
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled...
Binance limits SGD product offerings in Singapore amid regulatory warnings
5.9.2021
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 amid signs that the crypto exchange may have violated local payments laws
Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
5.9.2021
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between...
After Warnings from South African Regulators Binance Rejects Accusations It Provides Financial Advice
5.9.2021
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto...
Dex Aggregator 1inch Partners With NFT Animated Series ‘Take My Muffin’
5.9.2021
On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created by the crypto community and created by a professional animation studio. 1inch...
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
5.9.2021
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In...
Bithumb to Ban Foreign Traders Failing Mobile Phone Identification
4.9.2021
South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb...