Search
US Marshals Service Taps Coinbase for Digital Asset Management
1.7.2024
The U.S. Marshals Service (USMS) has chosen Coinbase Prime to safeguard and trade its “Class 1” (large cap) digital assets. This decision by a division of the U.S. Department of Justice comes after a thorough evaluation process. What This Means for Coinbase and the Crypto Industry This...
Gemini and Peter McCormack’s football club sign a 5-year Bitcoin sponsorship deal
1.7.2024
Gemini has announced a five-year sponsorship deal with Real Bedford, a football club co-owned by Peter McCormack. The objective is to support football’s success while enhancing children’s education opportunities. The sponsorship agreement includes an investment of $4.5 million in April...
Sony Aims to Relaunch Crypto Exchange WhaleFin
1.7.2024
In this post Japan’s Sony Group will officially onset into the crypto industry with a new exchange/ The new exchange will focus on user experience The Japanese tech behemoth Sony Group will restart a cryptocurrency exchange it acquired back in 2023. WhaleFin, a Japanese crypto exchange...
Coinbase and Stripe partner to accelerate global crypto adoption
28.6.2024
Coinbase has announced a partnership with Stripe. The idea is to fuel the global adoption of cryptocurrencies and blockchain technology. Both companies will bring their strengths to the table to cement the collaboration. For instance, Stripe has committed to add USDC on Base to their crypto payouts...
Bybit Beats Coinbase; Becomes Second Largest Crypto Exchange
27.6.2024
In this post Bybit beats Coinbase to be the second largest CEX after Binance. Binance has lost 6% market share dominance amid regulatory crackdowns. Dubai-based Bybit cryptocurrency exchange, run by Bybit Fintech Ltd., has filled the market space left by FTX. The collapse of FTX, run by...
Bitstamp confirms product upgrades before MiCA regulations
27.6.2024
Bitstamp, one of the largest crypto exchange platforms, has confirmed that it will enhance its offerings in the coming days, with a maximum of June 30, 2024. The confirmation comes ahead of the MiCA regulation’s implementation across the European Union. MiCA, an acronym for Markets...
FTX Seeks Creditor Votes as Customers Object Repayment Plan
25.6.2024
Controversy and FTX, the defunct cryptocurrency exchange, have become two sides of the same coin since the course of its infamous bankruptcy claim. FTX is back in the headlines due to creditors’ dissension over the repayment plan set up by the exchange. According to a Reuters report, FTX...
General counsel of Binance talks about her challenges in crypto
24.6.2024
Eleanor Hughes, the General Counsel of Binance, recently interacted with the media to talk about the challenges she is facing in the crypto world. She has covered the grounds under a dispute with the Nigerian authorities and strict monitoring by the US authorities. While she has not pinned...
Binance supports OCEAN, FET, and AGIX token merger into ASI
21.6.2024
Ocean Protocol ($OCEAN), Fetch.ai ($FET), and SingularityNET ($AGIX) announced the merger of their tokens to collectively make ASI, or Artificial Superintelligence. Binance has now come forward with its announcement, saying that it will support the token merger by handling all the technical...
Crypto.com adds passkeys and hardware tokens for advanced security
21.6.2024
Crypto.com, a certified and secure platform, has implemented state-of-the-art security measures, including hardware tokens and passkeys, to ensure that all transactions are authentic. These hardware identifiers are comparable to Yubikeys. Jason Lau, the Chief Information Security Officer...
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Coinbase releases pre-launch markets on Coinbase exchange
18.6.2024
Coinbase has recently announced support for pre-launch markets on Coinbase Advanced and Coinbase International Exchange. The tools will be made available for users in eligible areas outside of Canada, the UK, and the US. Pre-launch markets allow traders to undertake futures contracts for tokens...
Binance initiating the registration of its ZKsync (ZK)
17.6.2024
Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024. The spot trading pairs which are accessible to ZKsync...
South Korean crypto exchanges may deregister up to 600 altcoins
17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space. As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
17.6.2024
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency platform, for operating without registration. Lbank, which ranks 56th in trading volume according to Coingecko, has been offering services to Japanese residents despite reportedly having...
Foreign crypto exchanges eye India for business opportunities
14.6.2024
Following the re-entry of Binance and Kucoin on Indian soil, four more foreign exchanges are viewing the country as a lucrative place to run their operations. They have put out feelers and making the right sounds. In the case of Binance and Kucoin, they received consent from the financial...
Binance integrates Curve (CRV) on Arbitrum One and Optimism
12.6.2024
The exciting news for the DeFi community is that Binance has easily integrated Curve Finance’s token, CRV, into Arbitrum One and Optimism. This strategic decision is expected to significantly enhance Curve Finance’s liquidity and transactional efficiency for those who employ these...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
PancakeSwap integrates Zyfi for gas-free DeFi trading
11.6.2024
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges
Kraken gears up for an IPO with a $100M fundraising target
7.6.2024
Kraken, one of the world’s largest cryptocurrency exchanges, is making strategic measures in advance of its highly anticipated initial public offering (IPO). The company aims to raise $100 million in a final fundraising round before going public, signaling a major milestone in its growth...