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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 …
BMEX token is now live on the most popular platform BitMEX
11.11.2022
The introduction of the BMEX token has created new opportunities for traders. It permits trading using the BMEX/USDT pair on BitMEX, the most popular and efficient cryptocurrency trading platform. Therefore, the two most recent swaps, BMEXUSDT and BMEXUSD, will be operated on BitMEX. Users...
Brian Armstrong pushes to have an easy spot on US Cos. amid FTX crisis
10.11.2022
FTX now sees nothing going in its favor. The Securities and Exchange Commission and the Department of Justice are investigating the venture’s handling of customer funds. Certain assets should have been registered with the SEC; otherwise, FTX could be charged with breaking US regulations...
FTX loses Binance as a savior
10.11.2022
FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to withdraw from FTX. Binance’s decision to back out of the deal, citing concerns about...
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
FTX crisis is driving away crypto giants
9.11.2022
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposure to the platform or its currency. Genesis and Crypto.com are the newest additions to a list that...
Binance to buy non-US operations of FTX
9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...
Nigerian Naira Fiat Gateway joins Binance
8.11.2022
Binance, a worldwide recognised cryptocurrency exchange, has announced the addition of a fiat gateway for the Nigerian Naira, often known as NGN. As part of Binance’s purpose, the addition seeks to increase the adoption and accessibility of cryptocurrencies. Users can now connect their...
Gemini expands its geographic presence
8.11.2022
Gemini is now in more locations with the recent addition of Cyprus, Croatia, Hungary, Slovenia, and Romania to the list. The news was shared by Gillian Lynch, the Head of Ireland and the EU for Gemini. Users in Cyprus, Croatia, Hungary, Slovenia, and Romania can now store, buy, and sell more than...