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Update on SEC vs Coinbase and a fall in BTC amid inflation
12.10.2023
That’s a two-way street the community has reached. The SEC and Coinbase have an updated movement in their contest. The Commission staff has made a recommendation to the SEC on the rulemaking petition for Coinbase. Meanwhile, the price of BTC has once again lost its resistance level despite having...
Bitfinex is looking for a $150 million share repurchase
11.10.2023
Bitfinex’s proprietor is contemplating a $150 million share repurchase as a means of enhancing its operational control over the private company. The reason is more pressing as the emphasis on regulatory aspects continues to grow. Hong Kong-based iFinex has the same board of directors...
Coins.ph and Circle encourage Philippine financial inclusion
11.10.2023
Coins.ph has announced a strategic partnership with Circle to boost financial inclusion across the Philippines. The idea is to facilitate a USDC-based remittance mechanism to cover the section of the population that is still unbanked. According to statistics, nearly 44% of the population...
Binance Futures introduces Copy Trading
10.10.2023
Binance Futures has introduced a new feature called Copy Trading. In simple words, copy trading is a method of replicating the trading moves of an expert trader. They may be in the market for the short term or long term, but if users are impressed by their moves and feel that their visions align...
Firms like OKX change marketing policies for FCA compliance
10.10.2023
The UK Financial Conduct Authority, or FCA, has introduced marketing regulations for crypto firms. The development comes at a time when the UK is looking to strengthen its oversight of its operations. A major part of the regulation seeks unregulated firms not to promote illegal financial products...
Oasys ($OAS) gets fresh listing on OKCoin Japan
4.10.2023
Oasys, a game-oriented blockchain, has received a fresh listing of its $OAS token on OKCoin Japan, the local cryptocurrency exchange in Japan. The official date for registration is slated for October 10, 2023. This landmark occurrence is taking place following the declaration that was made earlier...
Binance assists Thai Police in dismantling criminal networks
3.10.2023
Binance has announced how it helped the Thai Police to crack down on a network of criminals. Binance worked in association with the US Homeland Security Investigation, sharing all the crucial information and expertise from their side. It has now been revealed that scammers would entice novice...
Coinbase Singapore secures MPI license from the Monetary Authority
3.10.2023
Coinbase Singapore is thrilled to announce that they have obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. According to the company’s team members, this demonstrates their commitment to the Singaporean market and paves the way for expanding their...
Coinbase gets regulatory consent by Bermuda Monetary Authority
29.9.2023
Coinbase International Exchange has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to eligible non-U.S.-based retail consumers. Coinbase, which is recognized as the most secure and dependable crypto-based company, is now prepared to operate with...
Taiwan’s crypto exchanges form an alliance
26.9.2023
A total of nine crypto exchange platforms in Taiwan have come together to form an industry association. The objective is to assist the relevant authorities in drafting regulations that suit the industry and the region mutually. The development comes ahead of the time when the FSC, or Financial...
Binance integrates Maverick Protocol on zkSync Era Network
26.9.2023
Binance has announced that it has completed the integration of the Maverick Protocol on the zkSync Era Network. This enables the exchange platform to open up deposit and withdrawal functions of the native token, MAV, for users across the ecosystem. The smart contract address for the deposit is...
Huobi partners with Ceritk to improve security infrastructure
13.9.2023
HTX Global has announced the strategic partnership between Huobi and Certik. It has been stated that the association between the two parties will center around blockchain security and furthering the work of the ecosystem. Huobi will specifically leverage the security tool of Certik to protect...
Tether and Bitfinex await the ruling after the Court denies leave
12.9.2023
Bitfinex has stated that the District Court has rejected their request for leave to amend the class action and that they anticipate receiving a favorable judgment soon. Tether is on the list as well, waiting for the final verdict. Laura Taylor Swain, the Chief Judge, has rejected Shawn...
Coinbase disables new user sign-ups in India
11.9.2023
Coinbase, which is a global crypto exchange, has officially informed users in India that it is disabling new user sign-ups on its exchange product in India in June. This follows the entry of Coinbase into the markets of South Asia and the associated regulatory obstacles. The closure date...
Bybit’s TradeGPT: Your AI Trading Assistant
5.9.2023
Bybit, a globally recognized crypto exchange, has introduced TradeGPT, a groundbreaking AI-powered educational tool. This initiative is a testament to Bybit’s commitment to evolving into the “Crypto Ark” of the world, where free mentorship and financial education are made...
Binance is encouraging users to convert BUSD to new stablecoins
1.9.2023
Binance recently made a huge announcement on its official website. The world’s biggest exchange has asked users to start converting their BUSD to other stablecoins. The exchange stated that Paxos would be halting the minting of any new BUSD. Thus, users are encouraged to convert any BUSD before...
Chino emphasizes the road ahead for Binance Japan
31.8.2023
Takeshi Chino, the representative for Binance Japan, has said that there is a need to expand the offerings of the venture in the region. It currently offers spot trading and lending of crypto assets. However, the global arms, if looked at, have a broader offering on the list. Services of Binance...
Authorities order South Korean crypto platforms to maintain reserves
28.8.2023
Crypto exchange platforms in South Korea have been instructed by relevant authorities to maintain reserves with Korean banks. This pertains to the intention of the government to protect those who are venturing out on the path to build a portfolio with digital tokens. Per the instructions, crypto...
Binance to work with Taiwan’s Taipei District Prosecutors Office
25.8.2023
While being under fire from the SEC, Binance has announced an esteemed collaborative initiative. The biggest exchange in the world is collaborating with Taiwan’s New Taipei District Prosecutors Office. Binance will lend its professional insights to help crime fighters improve their...
Things to know about leverage tokens before you invest in it
24.8.2023
What are leverage tokens? As the name suggests, leverage tokens offer investors and traders a leveraged position while trading cryptocurrencies. This means all gains or losses get multiplied using these tokens. Compared to traditional trading methods, leveraged tokens are generally ERC-20 tokens...