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ETH Staking yield swap goes live on BitMex
8.12.2022
BitMex brings the first-ever staking yield of ETH on its platform. The project goes live on December 08, 2022, at 04:00 UTC. Once live, users will be able to trade and speculate the staking rate of ETH every day with up to 2x leverage. Termed as a new breed of crypto derivative, the ETH staking...
EGLD by MultiversX goes live on Coinbase
7.12.2022
MultiversX is furthering its expansion in the US market by going live on Coinbase. According to the announcement made by the team, the native token of the platform – EGLD – will be listed on Coinbase, allowing users to buy & sell the token seamlessly. Getting listed on Coinbase...
Binance.US receives MTL in American Samoa and Guam, along with Louisiana
6.12.2022
Binance.US has expanded into two new regions of the United States of America. The exchange platform has received Money Transmitter Licenses in Guam and American Samoa. However, this officially allows customers to register on Binance.US through the official website or mobile application and begin...
Poloniex partners with Huobi for further expansion
1.12.2022
Collaboration is part of the expansion strategy of businesses. This is a trend for a good reason. Sharing resources is really the most effective approach to advance. Poloniex is a new platform to be a part of this ecosystem. It has announced a strategic partnership with Huobi to gain an edge in...
Binance acquires Sakura Exchange BitCoin to enter the Japanese market
1.12.2022
Binance recently announced the acquisition of 100% of the SEBC (Sakura Exchange BitCoin). The development allows Binance to enter Japan as a JFSA (Japanese Financial Service Agency) regulated platform. As the leading crypto infrastructure and blockchain ecosystem provider, Binance holds immense...
Bitfront to shut down by March 2023
30.11.2022
The bearish market in the crypto industry is taking forever with its stay in the industry. This has forced several exchange platforms to consider an alternative to seamlessly running their operations. Bitfront, for one, has chosen to shut down its operations by as early as March 2023....
BNB Swap announces Swapzone integrating FlokiFi Locker protocol
28.11.2022
SwapZone, a popular crypto exchange aggregator, recently announced integrating the FlokiFi Locker Protocol. The news was shared by several renowned names, including BNB Swap, over Twitter. The integration has allowed SwapZone to integrate a button that lets projects and users lock assets with...
FTX misrepresents actions of Securities Commission of the Bahamas
28.11.2022
The FTX crisis brings with it the inevitable jump to a 100-ft-deep well. Looking ahead to prevent the fall is the only way to safeguard everyone’s interests. Notes like these come onshore following the swift action taken by the Securities Commission of the Bahamas. Authorities praise...
Huobi enhances transparency around HBTC H-Token
24.11.2022
Huobi brings more security and transparency to its wrapped BTC token on the Ethereum mainnet. The venture has announced that it will deploy Chainlink Proof of Reserve to enhance transparency around the HBTC H-Token. Through this update, Huobi will enable the verification of BTC in reserve wallets...
Huobi unveils rebranded image with future roadmap
23.11.2022
Huobi Global has published an announcement on the official website to let the community know that the business has changed its name to just “Huobi.” This is in line with the traditional Chinese value of righteousness. The development comes after Huobi successfully acquired...
Bitpanda Receives German Crypto License
22.11.2022
Bitpanda, an Austrian crypto exchange, announced today that its local unit, Bitpanda Asset Management, had received a crypto license from the German Federal Financial Supervisory Authority (BaFin). From now on, the Austrian crypto exchange can legally offer custody and proprietary trading services...
Binance Pool announces the launch of its Cloud Mining service
22.11.2022
The latest service release from Binance Pool has recently generated market-wide interest. The platform’s Cloud Mining service has been launched to facilitate user access to mining equipment. Users will earn mining incentives via Binance Pool as a result of the development. After...
FTX submits list of creditors revealing $3B in debt
21.11.2022
The FTX crisis has reached a new level of difficulty. The business owes its unsecured creditors more than $3 billion, according to court documents. Moreover, a pair of customers are claiming to have $200 million each in their dues. Due to a lack of liquidity, FTX recently announced that it would...
Binance receives FSP from FSRA of ADGM to enhance customer safety
17.11.2022
Binance has gained the capability of allowing its professional clients to claim custody. The update follows the development wherein the crypto platform has received Financial Services Permission from the Financial Services Regulatory Authority of ADGM, short for Abu Dhabi Global Market. Receiving...
AVAX expands its reach to Japan via Coinbase
17.11.2022
After Coinbase lists AVAX on the platform, Avalanche blockchain enters the Japanese market. AVAX can now be traded on desktop computers and mobile devices throughout the region. The Avalanche blockchain’s native token can be used for minting non-fungible tokens, playing games in the Web3...
FTX loses its license in Australia until May 2023
16.11.2022
In light of FTX’s disclosure of its liquidity crisis, the business has no room to recover as it continues to suffer reputational damage around the world. As a result of a recent turn of events, the Australian Securities and Investments Commission (ASIC) has decided to put a suspension on...
Biswap x IguVerse, a collaboration to look out for
15.11.2022
Biswap and IguVerse could soon head into what one can only call the mighty integration in the Web3 gaming industry. There will be numerous advantages and opportunities for users as a result of the collaboration. One of these is the BNB Chain’s ability to execute transactions quickly...
Binance to remove FTT spot pairs
14.11.2022
Binance has published a notice on its official website, informing all traders that it will remove FTT spot pairs, namely FTT/BNB, FTT/BTC, FTT/ETH, and FTT/USDT. The update goes into effect on November 15, 2022, at 4:30 UTC. The assets can only be traded in FTT/BUSD. Trade orders will...
Binance and Royal Group enter into a joint venture
14.11.2022
Binance and Royal Group have formed a joint venture to advance the blockchain industry in Cambodia. The companies hope to position Cambodia at the forefront of technological innovation in the region. At every stage of the process, Binance and Royal Group hope to strengthen their already-strong...
FTX signs agreement with TRON to swap assets
11.11.2022
A relief for FTX after having tough days in recent times. The update is regarding the exchange platform signing an agreement with TRON to allow the holders of SUN, TRX, HT, JST, and BTT to swap their assets on FTX in 1:1 to an external wallet. The function is expected to go live on November …