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One Exchanges Stands Out as Indian Crypto Trading Drops Following New Tax


Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood out as a winner, with trading volumes rising. According to trading data from...

Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect


Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading...

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming


In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...

Exchanges Announce Support of Airdrop And Launch Of Origin’s OGV Launch


Origin has published a list of twelve exchanges that have responded to support the airdrop and initial launch of the Origin Dollar Governance token, also known as OGV. The airdrop is scheduled for next month on the 12th day. Exchanges that expressed support are:- Binance KuCoin Paribu Huobi Global...

Binance Launches New Platform for VIP and Institutional Crypto Investors


Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global...

Singapore Based Crypto Exchange Bybit Expands to Argentina


Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange...

Coinbase Derivatives Exchange Reveals Nano Bitcoin Futures Product


On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.”...

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