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Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX: Bloomberg
3.2.2023
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...
Indonesia targets launch of its national crypto exchange by June
3.2.2023
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021
Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio
3.2.2023
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power
Kraken shuts down Abu Dhabi office: Report
2.2.2023
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition
Crypto Exchange Bittrex Laying Off More Than 80 People
2.2.2023
CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts
Better Exchange Due Diligence Could Help Define Crypto’s 2023
2.2.2023
CEO of Digital Asset Research, Doug Schwenk, thinks that vetting crypto exchanges can open doors to more institutional investment
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
2.2.2023
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...
Justin Sun emphasizes the need for CEX transparency following FTX collapse
2.2.2023
Justin Sun thinks centralized exchanges (CEXs) could learn a lesson from decentralized finance (DeFi). The entrepreneur and diplomat who founded the Tron blockchain spoke at a roundtable at Philippine Blockchain Week in November 2022. The discussion inevitably turned to the newsmaking collapse...
Nigerian Crypto Users and Enthusiasts Dismiss 100% BTC Premium Claims
2.2.2023
Nigerian blockchain and crypto enthusiasts have said recent reports suggesting that local residents are paying a premium of almost 100% on top of the prevailing price of bitcoin “are totally false.” They argue that such reports are based on a claim that is being propagated by persons...
Former Chairman of South Korean Crypto Exchange Bithumb Arrested: Report
2.2.2023
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday
South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report
2.2.2023
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
1.2.2023
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s...
Decentralized Exchange Dexalot Starts a Hybrid DeFi Subnet
1.2.2023
Dexalot’s users will be able to deposit and withdraw assets via its app on the Avalanche C-chain, and then trade on the Dexalot subnet
Bitcoin advocate Najah Roberts explains why BTC is a tool for empowerment
1.2.2023
The Agenda podcast explores the concept of financial sovereignty, Black American empowerment and the promise of Bitcoin with the revolutionary Najah Roberts
First NFT Exchange-Traded Fund Announces Closure as Market for Non-Fungible Tokens and Metaverse Assets Cool Down
1.2.2023
The first-ever exchange-traded fund focused on NFTs and metaverse assets has announced closure as the crypto winter continues to take more victims.
The Defiance Digital Revolution ETF, which is listed on the NYSE under the ticker NFTZ, will close down by the end of February, according to...
Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion
1.2.2023
Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of...
Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End
1.2.2023
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...
Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
31.1.2023
Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data