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Binance Futures delists and updates Margin tiers for perpetual contract
5.6.2023
Binance Futures has announced the closing of all the positions of USDⓈ-M 1000LUNCBUSD Perpetual Contract. It will simultaneously trigger the automatic settlement of the same as on June 08, 2023, effective 09:00 UTC. Once settled, the contract will be delisted instantly. Moreover, Binance Futures...
Three major advancements by OKX in recent days
2.6.2023
To start with, OKX has tabled a proposal that enables the community to stake BRC-20 and Bitcoin on the network. Stakers, in return, get a chance to earn passive income in the form of a BRC-30 token. Termed the Industry’s first BRC-30 token standard, the advancement brings forward a protocol...
Gemini to soon enter the UAE market
1.6.2023
Gemini has announced plans to enter the market of UAE, the United Arab Emirates, as a part of achieving its mission of global expansion. Per the announcement, Gemini will soon begin its operations after it has acquired all the necessary licenses. The goal is to serve customers in the UAE with...
BitFlyer joins the list to comply with Japan’s Travel Rule
1.6.2023
Japan is moving with the time to adopt cryptocurrency. However, digital asset transactions are not as secure as one assumes them to be. Hence, there are tons of improvements that governments of respective countries are looking to implement in the days to come. Japan, for one, has decided...
Former Coinbase manager & brother settling insider trading charges
31.5.2023
The SEC ( Securities and Exchange Commission) announced that Ishan and Nikhil Wahi have agreed to settle insider trading charges. The former Coinbase product manager and his brother have been charged with insider trading of at least 9 crypto assets. These cryptocurrencies were available on Coinbase...
VERSE goes live on Kucoin, announces Bitcoin.com
30.5.2023
Bitcoin.com has announced that its ecosystem’s native token, VERSE, is now live on the first exchange platform, which is Kucoin. Per the announcement, the first trading pair to go live is VERSE/USDT, marking a major milestone for the crypto community. VERSE going live at Kucoin enables Bitcoin.com...
Huobi appears at Wiki Expo in Singapore to drive Web3 adoption
30.5.2023
Huobi recently participated in the Wiki Expo, organized in Singapore, with the objective of exploring ways to drive the adoption of Web3. Huobi was present at the event as a strategic partner, marking a significant milestone for both. Wiki Expo centered around the theme of seeing as many ways...
ORDIUSD to go live for trading on May 30 at BitMEX
29.5.2023
Bitcoin Margined ORDI is scheduled to go live from trading at BitMEX on May 30, 2023, at 4:00 UTC. It will sport a maximum leverage of 50x, making it one of the highest position sizes in the industry. The first trading pair to go live on the platform will be ORDIUSD. XBT will be the …
Bitpanda advances the concept of digital investing by partnering with Coinbase
26.5.2023
Bitpanda has introduced its partnership with Coinbase to the community. The objective is to reach out to as many institutional clients of Coinbase as possible, enabling them to leverage the power of Investing as a Service, also known as IaaS. Institutional clients of Coinbase include banks...
OKX enhances its application for crypto trading in Hong Kong
25.5.2023
OKX is making sure it becomes the potential candidate to gain wider access to the market of Hong Kong. The most recent attempt is launching the enhanced version of its mobile application for customers, specifically in the said region, in accordance with the VASPs requirements. OKX is the second...
USDC trading goes live in Singapore via Coinbase
18.5.2023
Coinbase recently conducted a commissioned study, revealing that 25% of the residents of Singapore feel that cryptocurrency is the future of finance. The number is at par with the UK and higher than the UK, where only 17% share the sentiments. The study has also revealed that what keeps people from...
The Chamber of Digital Commerce backs Coinbase in SEC fight
17.5.2023
The Chamber of Digital Commerce is a leading digital asset and blockchain trading association that aims to promote the use and acceptance of blockchain and crypto-based technologies. It works closely with regulatory agencies, industries, and policymakers through advocacy and education. The digital...
SEC responds to Coinbase’s petition while its CEO visits the UAE
16.5.2023
The US Securities and Exchange Commission (SEC) recently released a response to Coinbase’s petition. The Chair, Gary Gensler, stated that Coinbase possesses no right to mandamus. There is no regulation or statute that requires the SEC to release the guidelines within a specified timeline. Coinbase...
Binance leaves Canada amidst new crypto rules
15.5.2023
Binance holds a prominent position across the globe in terms of crypto exchange platforms. Needless to say, the community expects things to work out in its favor every time, no matter the geographical region. However, if the recent announcement by the platform is anything to go by, then it appears...
Visa Card holders at Crypto.com can now use Google Pay in Brazil
12.5.2023
Google Pay assists users in seeking a convenient way to execute a financial transaction. While its advanced mechanism is based on the country of operation, the basic functionality is more or less the same. Meaning, no matter the region, customers using Google Pay can make payments using the mobile...
Gemini adds PEPE coin to the list
10.5.2023
Pepe introduced $PEPE to the market in mid-April and now has the support of Gemini, marking the achievement of one of the most significant milestones. Specifically, $PEPE was launched on April 14, 2023. It has been quick enough to touch the market cap of $750 million as of May 09, 2023....
Bittrex US files for Chapter 11 bankruptcy protection
9.5.2023
Bittrex US has become the latest entrant to a league that does not necessarily reflect a good position. Per the reports, the crypto exchange platform has filed for Chapter 11 Bankruptcy Protection as the latest step in the process of ceasing its operations in the US. The development comes days...
Coinbase reports 23% growth in 2023 Q1 financial results
5.5.2023
Coinbase recently released its much-awaited financial report for the 2023 Q1. The exchange has noted a massive 23% growth in its revenue, reaching 773 million dollars. The amount was a welcome surprise since expert analysts had expected its revenue to revolve around 655 million dollars. Despite...
Bitfinex to list Floki ecosystem’s native utility token, $FLOKI
4.5.2023
Bitfinex recently announced listing $FLOKI on its trading platform. The native utility token by Floki Ecosystem will accept deposits from May 4, 10 AM UTC. In addition, Bitfinex will start accepting the FLOKI token trades from May 5, 10 AM UTC. The initial trading pairs on the platform will...
Coinbase introduces Coinbase International Exchange
3.5.2023
Coinbase announces the next chapter of its global expansion strategy by launching Coinbase International Exchange. The platform is live across all jurisdictions except the US, bringing the most trusted and safe experience in crypto trading. Furthermore, at Coinbase, the main objective is to build...