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Binance’s new cloud mining presale begins!
8.1.2024
Binance, one of the leading global cryptocurrency exchanges, has launched a presale on its latest Cloud Mining products designed for Bitcoin BTC mining. Furthermore, Binance’s move to enable GPU crypto mining is a giant leap towards making cryptocurrency mining more affordable and accessible...
CoinDCX Co-Founder addresses CoinDCX App scam news
4.1.2024
Sumit Gupta recently released an official tweet to clarify the recent news regarding fraud on the CoinDCX app. The co-founder and CEO of CoinDCX started the tweet by acknowledging the reports related to unethical acts related to the exchange. However, Sumit quickly clarified that no such incident...
FIU IND blocks 9 crypto exchange URLs for non-compliance
29.12.2023
A total of 9 crypto exchange platforms have been served with a compliance Show Cause notice by the Financial Intelligence Unit India, also recognized as FIU IND. The names of these platforms are Binance, Kucoin, Kraken, Huobi, Gate.io, Bitstamp, Bittrex, Bitfinex, and MEXC Global. The said...
Binance upgrades USD-Margined Futures Liquidity Provider Program
29.12.2023
Binance has begun scaling the USDC-margined futures liquidity provider program after providing the USDC-margined futures contract. This will take effect at the start of the next year. Users will need to meet certain requirements to connect with the program. USD-M futures contracts contain linear...
Bitget announces the launch of the Spot auto-invest+ product
28.12.2023
Bitget recently announced the launch of its latest product, Spot auto-invest+. The announcement was made on the official website of Bitget. The post read that Bitget will offer users an improved financial investment experience. Thus, users can now witness automatic investment with Earn Boost...
Binance and the Royal Thai Police to fight digital asset frauds
27.12.2023
The adoption of digital assets is picking up. Regions only have the option to keep up with it. A crucial aspect is adapting to the dynamics of this transition. The Royal Thai Police have taken note of this aspect and announced their collaboration with Binance, a crypto exchange platform. Their...
KuCoin and DeMR establish a strategic partnership
26.12.2023
KuCoin recently announced a strategic investment and partnership with DeMR. The announcement was made on Kucoin’s official X/Twitter account. The tweet read that the parties will build the world’s biggest scan-to-earn spatial internet infrastructure. DeMR, the leading decentralized...
Coinbase to support USD-based transfers for Singaporean users
19.12.2023
Coinbase recently announced adding support for USD transfers in Singapore. Retail customers in the region can now transfer United States Dollars to and from Coinbase accounts using SWIFT. It will allow them to easily access USDC and the broader cryptocurrency market. As one of the top crypto...
FTX enters the final phase to end bankruptcy
18.12.2023
Sam Bankman-Fried let go of control over FTX in the previous year. Almost 12 months later, the reorganized structure of the company has shown a positive sign of finally settling billions of dollars in debt. While it is unsure how and when the debts will be settled, management at FTX has said that...
Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance
14.12.2023
On Thursday, the crypto exchange Bitget, headquartered in Seychelles, announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements are set to take effect on December 15, 2023. Bitget Rolls Out Mandatory KYC Procedures Bitget...
Coinbase to offer spot crypto trading for non-US institutions
14.12.2023
Coinbase International Exchange is in expansion mode, and in the same spree, it has introduced spot crypto trading on its international exchange for non-US institutional clients. It is primarily for fulfilling their user base’s individualistic requirements internationally and exposing them...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...
Crypto.com announces partnership with 6 charities in Singapore
13.12.2023
Crypto.com has announced a partnership with 6 charities in Singapore. The objective is to facilitate asset-to-fiat donations, thereby helping charities expand their pool of donors. Crypto.com has committed to handling all the processing and conversion aspects on behalf of the charities that have...
Coinbase and Coinbase Asset Management unveil Project Diamond
13.12.2023
Coinbase has announced the launch of Project Diamond, a smart contract-powered platform. The launch is in association with Coinbase Asset Management to enable users to buy, sell, and create native assets digitally. The concept is based on the fact that the mechanism has only covered 0.25% of assets...
New York AG Secures $22 Million Settlement From Kucoin for Unregistered Trading Activities
12.12.2023
In a recent legal development, New York Attorney General Letitia James has successfully obtained over $22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a securities and commodities broker-dealer and...
Avalanche (AVAX) gets registered on the Coincheck exchange
8.12.2023
A press release states that as of December 7, 2023, Avalanche (AVAX) will be listed on Coincheck, an asset trading service operated by Coincheck. Avalanche is an open-source platform that has been created for building dApps. The aim is to support international financial transactions, accelerate...
Bittrex Global ceases trading and only permits withdrawals
5.12.2023
Bittrex Global recently announced the termination of all its trading activity. The announcement was made on its official X/Twitter account. The tweet read that the platform will only permit withdrawals now. Thus, users should log into their accounts and withdraw their assets quickly. It has only...
Binance launches world’s first cryptocurrency triparty deal
1.12.2023
For the first time in the cryptocurrency ecosystem, Binance, a global leader in cryptocurrency exchange platforms and an external banking partner, conducted the world’s first triparty agreement (TPA). It is an innovation that introduces the flexibility of the cryptocurrency market and...
Bittrex Global enables USD to USDT conversion for withdrawals
1.12.2023
Bittrex Global announced on November 20, 2023, that it was winding down its operations. It sought customers to withdraw their funds in supported currency. Bittrex Global was supporting EUR and selected cryptos only at that time. However, the mechanism turned out to be frustrating since users were...
Hacker Demands Full Control Over Kyber in Wake of $47M Breach, Offers Executives Buyout and Staff Severance
30.11.2023
A cybercriminal, who has been actively communicating with Kyberswap, issued a new onchain directive, this time insisting on “complete executive control over Kyber (the company).” This captivating onchain communication to the Kyberswap crew comes after the hacker’s initial request...