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Australia Honors Kraken With Several Crypto Awards
5.7.2024
Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform...
German gov’t transfers $172M in Bitcoin to multiple locations
4.7.2024
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
3.7.2024
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling...
Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan
3.7.2024
Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki Gambaryan, the wife of the Binance employee, has urged...
South Korea crypto body says mass token delistings ‘unlikely’ amid new laws
3.7.2024
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
3.7.2024
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with...
Singapore ups crypto exchanges risk factor under new law update
2.7.2024
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business, and transport hub
EU MiCA stablecoin regulations come into effect: Law Decoded
1.7.2024
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets
Germany, US governments move $150M in crypto
1.7.2024
The German and US governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention
Crypto hacks down by 54.2% in June, $176M lost in a month
1.7.2024
In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks
Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token
1.7.2024
Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish
Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer
30.6.2024
In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it as the best performer. The depreciation of the Nigerian naira was primarily driven by U.S. dollar...
Crypto Exchange Binance Takes Action Against Account Misuse
30.6.2024
Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are part of the initiative, with rewards offered...
Coinbase and payment processor Stripe form partnership for onboarding
28.6.2024
The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations
Binance to remove prime brokerage loophole
27.6.2024
The change came after some Binance Link clients reportedly took advantage of the program's multi-tiered fee structure through arbitrage
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
27.6.2024
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...
Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
27.6.2024
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend
Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
27.6.2024
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits...
North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals
26.6.2024
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing...
Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...