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Litecoin confidential transactions spook Korean exchanges
23.5.2022
The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems
Binance P2P Waives 50% Maker Fees for Southeast Asia
23.5.2022
The Southeast Asian branch of the Binance P2P exchange announced a new fee promotion to be held in the last week of May. From the 24th to the 31st, new orders will get a 50% discount on maker fees during the activity period. The platform has listed the effective prices for all the assets during...
Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now
23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...
Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
20.5.2022
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first
Binance Loans Adds Two Digital Assets As Collateral – BAL, and BAND
20.5.2022
Binance has added two digital assets to its Binance Loans platform to cover more registered traders who seek to acquire funds from the platform. The digital assets that have been added are BAL and BAND. Binance announced the news through a post on its official website. Binance Loans is a supportive...
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain
20.5.2022
PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance...
Indian government's ‘blockchain not crypto’ stance highlights lack of understanding
19.5.2022
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate
FTX US to launch stock trading against stablecoins
19.5.2022
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange
BitMEX Lists New Pairs of Project Galaxy, Tron, and ApeCoin
19.5.2022
As per the Twitter post shared by BitMEX, new perpetual contracts based on Project Galaxy, Tron, and ApeCoin went live on the exchange on May 19. The five new perpetual contracts include GALUSD, GALUSDT, TRXUSD, TRXUSDT, and APEUSD. The trading platform would bring advanced features like Bitcoin...
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
18.5.2022
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
18.5.2022
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
18.5.2022
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However...
BitMEX launches spot crypto exchange following $30M penalty
17.5.2022
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now
How Not to Run a Cryptocurrency Exchange
17.5.2022
At Japan’s Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
16.5.2022
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
14.5.2022
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA
Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
13.5.2022
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation
Breaking: Binance suspends LUNA and UST trading amid issues on Terra blockchain
13.5.2022
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain