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Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai
31.10.2023
The Backpack exchange has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement
Web3 Wallet Backpack Launches Registered Crypto Business in Dubai
31.10.2023
Backpack , an all-in-one Web3 wallet, has become the latest to receive a Virtual Asset Service Provider (VASP) license in Dubai. The approval will enable Backpack to launch a regulated cryptocurrency exchange service in the city. Per the company’s press release, Backpack Exchange is set...
On-chain staking for ATOM and EGLD on Crypto.com App
31.10.2023
Crypto.com recently announced adding EGLD and ATOM to its on-chain staking list. The announcement was made on the official X/Twitter account of Crypto.com. The exchange now allows users to stake ATOM and EGLD on its app. Thus, users can secure the MultiversX and Cosmos blockchains while earning...
Do Kwon and Terraform Labs Submit Motion for Case Dismissal against U.S. SEC
31.10.2023
Terraform Labs and co-founder Do Kwon have filed a motion for summary judgment against the U.S. Securities and Exchange Commission (SEC), seeking to dismiss allegations of multi-billion-dollar securities fraud. This move could prevent a lengthy trial if the judge rules in Terraform’s favor....
US Crypto Exchange Bittrex Receives Bankruptcy Nod to Cease its Operations
31.10.2023
A Delaware court judge approved the Chapter 11 plan of Seattle-based cryptocurrency exchange Bittrex on Monday to cease its operations. In April, the US Securities and Exchange Commission (SEC) charged Bittrex, its co-founder and former CEO William Shihara. Bittrex faced allegations of operating...
Telegram-Based Crypto Trading Bot Unibot Hacked, Token Crashes 40%
31.10.2023
Telegram-based crypto trading bot Unibot is suspected of being hacked as users of the trading bot try to move their funds off the platform. The Unibot platform facilitates users in connecting their wallets to the decentralized exchange Uniswap, allowing them to trade tokens using Telegram-based...
Vanguard Has No Plans to Join Asset Management Rivals in Pursuing Bitcoin ETFs: CEO Tim Buckley
31.10.2023
Asset management firm Vanguard has revealed that it will not be joining its competitors in pursuing a spot Bitcoin exchange-traded fund (ETF). While rivals like BlackRock and Fidelity have pending applications for Bitcoin ETFs, Vanguard CEO Tim Buckley stated in a recent interview with CNBC that...
Japanese Government Sanctions Crypto Exchange Linked to Hamas
31.10.2023
The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Uniswap DAO Signals Approval for $12 Million Investment in Ekubo’s Governance Token – Here’s What You Need to Know
30.10.2023
Uniswap DAO, a major player in decentralized finance (DeFi) world, has shown significant support for a proposal to invest a substantial amount of its treasury funds into Ekubo, a decentralized exchange (DEX) operating on Ethereum’ Starknet network. The proposal suggests investing 3 million...
Crypto funds see largest weekly inflows in more than a year: Coinshares
30.10.2023
Crypto exchange-traded products saw $326 million in inflows during the week ending October 27, according to a report from Coinshares
Crypto Exchange Listing and Delisting Announcements: October 30, 2023
30.10.2023
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.Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana
30.10.2023
Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of...
Binance Faces Market Share Decline as Crypto Market Surges – What’s Going On?
30.10.2023
Binance, the crypto exchange that for long has dominated global crypto trading, has seen its market share continue to decline even as the overall market has surged higher. The continued decline in market share for the world’s largest crypto exchange was pointed to in a recent opinion piece...
Thailand’s KBank Acquires Satang Exchange, Signals Commitment to Crypto Market
30.10.2023
Thailand’s second-largest bank, signaling bullish fervor for blockchain after buying out one of the region’s local crypto exchanges through one of its subsidiaries. In a Monday filing, Kasikornbank – otherwise known as KBank – revealed that it has acquired a 97% stake...
Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case
30.10.2023
Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities
Bitcoin Is Up Over 120% From 2022’s Lows – Here Is How High It Could Pump This Bull Market
30.10.2023
Just under one year ago, the Bitcoin (BTC) market was in turmoil as panicky investors dumped their holdings in wake of the collapse of the cryptocurrency exchange FTX. On November the 21st 2022, the BTC price hit its lowest level since late 2020 under $15,500, marking a 77% pullback from...
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT
PancakeSwap adds portfolio manager function in partnership with Bril
30.10.2023
The crypto exchange added a feature that allows users to deposit single assets into a vault, which are then automatically invested into diverse liquidity pools
Is Bitcoin (BTC) Set to Surge Above $40,000? This Indicator Suggests Whales Are Waking Up
30.10.2023
The Bitcoin (BTC) bulls remain in control on Monday as the world’s largest cryptocurrency by market capitalization consolidates to the north of the $34,500 level in wake of last week’s more than 15% surge. Optimism about expected upcoming spot Bitcoin exchange-traded fund (ETF)...