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Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
29.2.2024
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country
Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse
29.2.2024
The Bitcoin (BTC) spot trading volume on centralized exchanges (CEXes) has reached the highest level of activity since the collapse of FTX.
The post Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse appeared first on Cryptonews
Crypto.com Partners BTG Pactual to Expand Latam’s Crypto Reach
29.2.2024
Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG Pactual’s dollar-pegged stablecoin,...
Nigeria Detains Two Binance Execs Amid Exchange Probe
29.2.2024
Authorities in Nigeria have reportedly detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges.
The post Nigeria Detains Two Binance Execs Amid Exchange Probe appeared first on Cryptonews
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
28.2.2024
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could...
Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank Scrutiny: Report
28.2.2024
Several crypto companies in Nigeria have made the decision to disallow users from buying the USDT and USDC stablecoins with Naira in light of renewed scrutiny from the Central Bank of Nigeria (CBN).
The post Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank...
Mt. Gox: What We Still Don’t Know 10 Years After the Collapse
28.2.2024
To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later
St. Regis Aspen Resorts to Tokenize Equity Using Tezos Blockchain
28.2.2024
RSRV partners with Tezos blockchain to tokenize 5% of St. Regis Aspen Resort's equity, offering investors a new way to hold equity and access room exchanges.
The post St. Regis Aspen Resorts to Tokenize Equity Using Tezos Blockchain appeared first on Cryptonews
Coincheck Partners with Circle; USDC’s First Japan Listing Close?
28.2.2024
Circle, USDC’s issuer, has struck a partnership deal with Coincheck, one of Japan’s biggest crypto exchanges – with a view to securing the stablecoin’s first listing in the nation.
The post Coincheck Partners with Circle; USDC’s First Japan Listing Close? appeared first on Cryptonews
Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets
27.2.2024
Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication...
Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce
27.2.2024
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear...
Crypto Exchange Listing and Delisting Announcements: February 26, 2024
26.2.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: February 26, 2024 appeared first on Cryptonews
Helium’s HNT Price Drops 5.3% Amid Buzz Around Sponge V2 Launch on Exchanges
26.2.2024
In a move sending shockwaves through the DePin markets, the decentralized Internet Of Things network Helium has seen a shocking -5.3% price drop in 24 hours. This article will analyze HNT’s current price trends and look to see whether a newer meme coin, SPONGE V2, represents a more promising...
Coinbase Reveals Texas Voters Believe Crypto Is a Relevant Topic for the Next Elections
26.2.2024
Coinbase, a major U.S.-based crypto exchange, has found that Texas voters are interested in the crypto subject and presidential candidates’ postures on the issue. 21% of all Texan adults (4.7 million people) own crypto, with 74% of these owners likely to support candidates who recognize...
Coinbase CEO Says No Access Block in Nigeria, Platform Operating Normally
24.2.2024
Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received any outreach or communication from officials...
Nigeria’s Crypto Community Criticizes Government Stance on Exchanges
23.2.2024
Nigeria’s crypto community has slammed the recent anti-industry stance of a government that previously lifted the ban on crypto trading.
The post Nigeria’s Crypto Community Criticizes Government Stance on Exchanges appeared first on Cryptonews
Starknet’s STRK Price Drops 50% as This New Meme Coin Prepares to List on Exchanges
23.2.2024
As Ethereum rollup Starknet initiates distribution of 728m tokens to more than 1.3m addresses, traders are vying to take position in what could be the largest airdrop of 2024. However, with STRK price plummeting -50% on launch, could this new meme coin be a better play as it heads for exchanges?...
Argentina to Regulate Cryptocurrency Exchanges With Executive Order
23.2.2024
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local...
Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain
22.2.2024
The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron...
Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
22.2.2024
Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative...