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BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme
9.4.2024
Ben Delo, co-founder of cryptocurrency exchange BitMEX, will face a class-action lawsuit brought forth by exchange users, a United States federal judge has ruled.
The post BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme appeared first on Cryptonews
HashKey debuts global trading in 20 currencies
8.4.2024
The major advancement on the global scene for HashKey Group, which has ranked itself among the major players in the virtual asset trading platform sector, is that it just bought the “comprehensive digital asset investor protection system license” from Bermudan authorities. This marks...
Coinbase gets listed as a Registered Dealer by CSA
5.4.2024
Coinbase, the world’s biggest cryptocurrency exchange, received a listing as a Registered Dealer by the Canadian Securities Administrators (CSA), an absolute first for Canada. The preparations for this enormous achievement began in the first half of last year. The signing of an Enhanced...
Bitget inks an exclusive deal with Cactus Custody
5.4.2024
Bitget strikes an exclusive deal with Cactus Custody, an affiliate of Matrixport, to provide Oasis fund custody and off-exchange settlement solutions. The association will help in lessening counterparty risks linked with exchange trading. It also offers a suitable instrument for effective capital...
KuCoin announces the launch of USDT-Margined W Contract
4.4.2024
KuCoin has launched the USDT-Margined W (Wormhole) Contract to support 1-50x leverage. The smart contract has no expiration time, and every contract is worth 0.001 BTC. For reference, a single BTC is listed at $66,388.50 at the time of drafting this article. The contract is quoted and settled...
Crypto.com unlocks crypto payments at Adelaide Oval!
4.4.2024
Crypto.com, the world’s most popular cryptocurrency platform with nearly 80 million members and a reputation for regulatory compliance, data privacy, and security, has recently launched the most innovative program at the renowned Adelaide Oval, home of the Adelaide Crows. With the help...
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...
Deribit becomes the first DEX to get VARA regulatory approval
2.4.2024
The world’s largest cryptocurrency derivative options platform, Deribit FZE, a Dubai-based company of the Deribit Group, said today that it has been granted a conditional Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA) for VA Exchange...
Crypto.com announces its entry into the South Korean market
2.4.2024
Crypto.com has announced that it is entering the South Korean market effective April 29, 2024. It will offer select cryptocurrencies to retail users, empowering them to trade the token after registering with the platform. Crypto.com has expressed its commitment to the full-fledged provision...
Wormhole debuts on OKX: Uniting blockchains with ease
2.4.2024
The top global cryptocurrency exchange, OKX, has announced the future inclusion of Wormhole (W) into the digital assets it offers, which represents important growth in its crypto portfolio. This tactical move seeks to improve the trading experience for its worldwide users by allowing them to trade...
Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country
1.4.2024
The parent company of Bitkub, Thailand's largest cryptocurrency exchange, has revealed plans to conduct an initial public offering (IPO) in 2025.
The post Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country appeared first on Cryptonews
Sam Bankman-Fried receives 25-year sentence in landmark fraud case
29.3.2024
Judge Sam Bankman-Fried sentenced the former CEO of FTX to 25 years in prison on Thursday for stealing $8 billion from consumers of the cryptocurrency exchange he founded, which is now bankrupt. During a court hearing in Manhattan, the penalty was imposed by U.S. District Judge Lewis Kaplan...
Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands
29.3.2024
Bybit, one of the world's largest cryptocurrency exchanges by trading volumes, announced the launch of Bybit.nl as a new regulated crypto trading platform in the Netherlands.
The post Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands appeared first on Cryptonews
Assets Invested in Crypto ETFs and ETPs Rise 359% in 2024 From $15B to $69B: ETFGI
28.3.2024
ETFGI, an independent research firm reports assets invested in cryptocurrency exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally have reached a major new milestone of $69.39 billion at the end of February seeing a 358.9% from $15.12 billion at end of 2023.
The post...
KuCoin vows normalcy after US money laundering charges
27.3.2024
KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...
KuCoin Appears Not to Commingle User Funds and has “Sufficient” Reserves: CryptoQuant CEO
27.3.2024
In the midst of criminal allegations and growing concerns over its reserves, the Seychelles-based cryptocurrency exchange KuCoin has received a vote of confidence from Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant.
The post KuCoin Appears Not to Commingle User Funds...
Bybit launches Smart Leverage for no liquidation & more benefits
26.3.2024
Bybit recently launched Smart Leverage to offer trading benefits to users. According to Bybit’s latest post, the product has been designed to facilitate smart trading for amplified gains. The non-principal-protected structured product can help traders navigate market volatility. Smart Leverage...
Binance Faces Tax Evasion Charges in Nigeria, Executives Detained
25.3.2024
Binance, the world's largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates.
The post Binance Faces Tax Evasion Charges in Nigeria, Executives Detained appeared first on Cryptonews
ProBit announces support for Bitcoin cash upgrade and hard fork
22.3.2024
Bitcoin Cash Node v27.0.0 upgrade and hard fork are scheduled for May 15, 2024. ProBit has come forward, announcing that it will support both processes for Bitcoin Cash. The only important date to note is May 15, 2024, when deposits and withdrawals of BCH will be suspended until further notice....
Coinbase Adds RON Token, Expanding Access for 73 Million Users
22.3.2024
RON gets registered on Coinbase, the biggest US based crypto exchange, rendering its services available to a staggering 73 million users. Users can buy, sell, and hold on to RON in their Coinbase wallets. Coinbase and Ronin have been treading separate paths to increase the freedom factor globally....