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Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
Terra Luna Classic Price Prediction as Binance Announces Support for New Network Upgrade – Can LUNC Reach $1?
17.11.2023
Terra Luna Classic (LUNC) Chart / Source: TradingView Terra Luna Classic (LUNC) is pulling lower on Friday, despite the world’s largest cryptocurrency exchange Binance announcing that it plans to support a new network upgrade. The LUNC price was last around $0.000077, down around 20% from the highs...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
Global securities body IOSCO unveils crypto regulatory framework proposals
17.11.2023
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction
Coinbase Unveils Open Source On-Chain Payments Protocol to Offer Instant Settlement for Merchants
17.11.2023
Source: AdobeStock / rarrarorro San Francisco-based cryptocurrency exchange Coinbase has introduced an open-source On-Chain Payments Protocol to its Coinbase Commerce product. The new protocol aims to enhance the payment experience for merchants and customers by providing instant settlement,...
Coinbase Unveils Open Source On-Chain Payments Protocol to Offer Instant Settlement for Merchants
17.11.2023
Source: AdobeStock / rarrarorro San Francisco-based cryptocurrency exchange Coinbase has introduced an open-source On-Chain Payments Protocol to its Coinbase Commerce product. The new protocol aims to enhance the payment experience for merchants and customers by providing instant settlement,...
Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal
17.11.2023
source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...
Binance Counter-Terrorism Specialist Steps Down Amidst Heightened Concerns on Crypto’s Role in Terrorism
17.11.2023
Source: Adobe Stock Jennifer Hicks, Binance’s Senior Counter-Terrorism Official, has officially resigned from the world’s largest cryptocurrency exchange, as disclosed on her LinkedIn profile. Having dedicated nearly two years to Binance, Hicks, an investigative specialist with prior...
Coinext Crypto Exchange CEO Highlights Competitiveness Driven by Brazil’s Crypto Regulatory Environment
16.11.2023
Source: AdobeStock / WavebreakMediaMicro José Ribeiro, the CEO of the cryptocurrency exchange Coinext, shared his perspective on Bitcoin and the crypto landscape in Brazil during the Web Summit in Lisbon. During the Web Summit, Ribeiro discussed the vibrant crypto economy in Brazil and the growing...
Turkey mulls addressing licensing and taxation in new crypto rule
16.11.2023
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse
Binance and Gulf Energy’s Joint Venture to Launch Crypto Exchange in Thailand
16.11.2023
Source: Pexels In a strategic collaboration, Binance Holdings Ltd. and Gulf Energy Development Pcl are set to launch a cryptocurrency exchange in Thailand early next year. This follows the acquisition of licenses from the Thai Securities and Exchange Commission, with Gulf Binance Co. obtaining...
Coinbase Expects Spot Bitcoin ETFs to Add Billions to Crypto Market — Says SEC Approval Possible by Year-End
16.11.2023
Cryptocurrency exchange Coinbase says spot bitcoin exchange-traded funds (ETFs) could add billions of dollars to the total crypto market cap. Coinbase also believes that the chances of one or more spot bitcoin ETFs being approved by the U.S. Securities and Exchange Commission (SEC) before the...
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
15.11.2023
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move
US House Financial Services subcommittee looks for answers on crypto and crime
15.11.2023
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...
Gemini looks into ways to protect users against financial crime
15.11.2023
Gemini is continuously engaged in the process of identifying potential threats to the protection of user interests. With regard to protecting users against financial misdeeds within the cryptocurrency ecosystem, greater clarity is necessary, according to the group. They are currently concentrating...
OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK
15.11.2023
OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
14.11.2023
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve...
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects
BGX Invests $90 Million in BC Technology Group, Operator of Hong Kong’s OSL Exchange
14.11.2023
Source: Adobe / Dmitry Rukhlenko BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has secured a significant investment from BitgetX (BGX), the Hong Kong division of the cryptocurrency services provider Bitget, although it is still pending...