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Binance to discontinue XRP and TUSD as margin assets
15.5.2024
Binance has made a formal declaration that it will be severing its ties with XRP, creating ripples in the market. Despite this, XRP managed to raise its price. This decision of Binance also brings TUSD (TrueUSD) into the picture. The company’s view-point is that it will not accept XRP and TUSD...
OKX launches spot and derivatives trading in Australia
14.5.2024
OKX has confirmed the launch of OKX Australia Pty Ltd., with an office in Sydney that opened in May 2023. OKX offers spots and derivatives in the region. The spot offering is accessible to all users. Derivative trading is restricted to verified wholesale clients only. The exchange platform allows...
Rain crypto exchange loses $14.1 million in hack
14.5.2024
Rain, a centralized cryptocurrency exchange in Bahrain, fell victim to a hacking incident. The exchange is basically a user-oriented link, adhering to Islamic finance-related fundamentals. Rain provides trading pairs for multiple cryptocurrencies, such as Bitcoin, Ethereum, and many more. It...
Bitpanda streamlines crypto investment with the new Meme Coin Leaders Index
14.5.2024
Bitpanda has effectively streamlined the crypto investment process. The primary objective was to do the same for meme coins, and Bitpanda has done that via the Meme Coin Leaders Index. By evaluating the market capitalization of the six most prominent meme coins, the principal aim is to assist...
Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT
14.5.2024
Rain cryptocurrency exchange experienced a potential exploit on April 29, resulting in the transfer of approximately $14.1 million worth of various cryptocurrencies to a new wallet under suspicious circumstances.
The post Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago:...
Kraken challenges SEC’s definition in legal battle
13.5.2024
Kraken counters the Securities and Exchange Commission’s version of identifying legal investment deeds pertaining to transactions on the Kraken platform. This is regarding an appeal for nullifying a case introduced by the SEC. Kraken’s appeal focuses on a crucial differentiation between...
Erik Voorhees, ShapeShift Founder, Unveils Privacy-Focused AI Platform ‘Venice’
11.5.2024
Erik Voorhees, the founder of popular cryptocurrency exchange ShapeShift, has unveiled his latest venture called "Venice AI."
The post Erik Voorhees, ShapeShift Founder, Unveils Privacy-Focused AI Platform ‘Venice’ appeared first on Cryptonews
YFX incorporates Chainlink Data Streams on Arbitrum mainnet
10.5.2024
To provide customers with a higher level of DeFi exposure and promote the Chainlink framework, decentralized perpetual exchange YFX has integrated Chainlink Data Streams on the Arbitrum mainnet. The company’s initial incorporation occurred using Chainlink Data Streams, which included AVAX...
Notcoin goes mainstream: Bitfinex to list NOT token
10.5.2024
Notcoin will offer a unique gaming experience that rewards users with tokens for their involvement. The game gained huge popularity due to its game mechanics, which enable users to earn tokens through an upfront clicker interface. This approach garnered the attention of a substantial player...
Revolut X, New Cryptocurrency Exchange Platform, to List Dash
10.5.2024
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate...
Canadian regulator fines Binance $4.4M for AML and CFT violations
9.5.2024
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator
$SWEAT token joins Bitvavo, Boosting Movement Economy
9.5.2024
A landmark in the world of cryptocurrency was reached when Bitvavo, the well-known and regulated Sweat Economy of Europe, revealed that $SWEAT – the original Sweat Economy token – is their inclusion. This latest Bitvava trading platform improvement offers new chances for development...
South Korean convenience store sells Bitcoin-themed 'meal boxes'
9.5.2024
A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase
Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing
8.5.2024
Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion
FTX plan promises 118% cash payout to nearly all creditors
8.5.2024
FTX, the collapsed virtual currency exchange platform, promises to repay 98% of its creditors, with the amount owed improved by 118% within two months after getting the nod from the court. During the meeting on Tuesday, a revised plan was presented, which raises the prospects of financial recovery...
Robinhood favored to prevail in potential crypto court case against SEC
8.5.2024
Analysts at Keefe, Bruyette & Woods (KBW) have weighed in on the potential legal battle between Robinhood and the U.S. Securities and Exchange Commission (SEC), expressing confidence that the popular trading platform would likely emerge victorious in any crypto-related court case. This...
How Binance played a key role in arrest of ZKasino scam suspect
8.5.2024
Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers
Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
7.5.2024
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office
Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation