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Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
13.4.2024
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges
12.4.2024
Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
11.4.2024
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year
Crypto Whales are Accumulating This New Solana Meme Coin Before it Lists on Exchanges – What Do They Know?
11.4.2024
Meme coin stans are stacking Slothana (SLOTH), Solana’s sensational new 420-friendly token, ahead of Bitcoin’s halving and international stoner day on April 20. Slothana the new red-eyed sloth lives on Solana. The $SLOTH ICO has only been going for three weeks and it has already raised...
EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges
11.4.2024
The European Union's (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, controls roughly half of the entire market.
The post EU Watchdog Warns 90% of Crypto Trading Funneled Through...
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
11.4.2024
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that...
Crypto Derivatives Exchange Stream Trading Raises $1.5M in Seed Funding
10.4.2024
The funding round values the company at $20 million
Crypto Exchange Listing and Delisting Announcements: April 8, 2024
10.4.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: April 8, 2024 appeared first on Cryptonews
South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges
10.4.2024
South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges.
The post South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges appeared first on Cryptonews
Detained Binance Executive Pleads Not Guilty; Nigerian Judge Sends Him to Prison
8.4.2024
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran...
Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
7.4.2024
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has...
Uniswap Hits $2 Trillion in Lifetime Trading Volume, Rivals Major CEXes
5.4.2024
Decentralized exchange (DEX) Uniswap has surpassed $2 trillion in lifetime trading volume, rivaling major centralized exchanges including Coinbase.
The post Uniswap Hits $2 Trillion in Lifetime Trading Volume, Rivals Major CEXes appeared first on Cryptonews
South Korea to Tighten Token Exchange Regulations, Including Blocking Hacked Tokens
5.4.2024
South Korea is set to introduce stricter regulations for token listing on exchanges, including the blocking of tokens that have been hacked.
The post South Korea to Tighten Token Exchange Regulations, Including Blocking Hacked Tokens appeared first on Cryptonews
Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
The post Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant appeared first on Cryptonews
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Binance Establishes Its First Board of Directors, Remains Without Global Headquarters
4.4.2024
After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters. Some critics argue that the board members do not possess the necessary experience for...
Binance: Detained Executive Lacks Decision-Making Authority, Must Be Released
4.4.2024
Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than 600 information requests...
Crypto.com Expands Into South Korean Crypto Market
2.4.2024
Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South...
Owner of Thailand’s Largest Cryptocurrency Exchange Set to Go Public in 2025
2.4.2024
Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, reportedly plans to go public in 2025. Jirayut Srupsrisopa, the CEO of the holding company, revealed that Bitkub Capital Group is currently hiring financial advisers to assist with the listing. Enhancing Bitkub...