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Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst
5.7.2024
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse
PancakeSwap rewards users with 2.4M ZK token airdrop
5.7.2024
PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
5.7.2024
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan
DeFi Altcoin Leads AVAX Demand After Sentiment Shift, ADA Rebounds From Key Resistance
5.7.2024
The crypto market has seen retracement after the bearish swing, with coins like Cardano (ADA) and Avalanche (AVAX) retracing to the key resistance level. Despite the retracement, demand has shifted from both coins to a new entrant. DTX Exchange is the first hybrid exchange with centralized...
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
4.7.2024
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised...
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
3.7.2024
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S....
Binance exec trial will resume July 5 as family reports health problems
3.7.2024
Though Nigeria's tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
3.7.2024
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling...
Binance wins authoritatively over the SEC: Ripple case highlighted
3.7.2024
The American court rejected the claims made by the Securities and Exchange Commission against Binance. The SEC had filed a lawsuit against Binance in June 2023, raising allegations that it sold unregistered securities and operated illegally in the United States. The new court ruling symbolizes...
KuCoin VAT charge raises concerns among Nigerian crypto community
3.7.2024
The approving authority behind this taxation remains unclear, whether it's the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS)
CoinDCX Acquires BitOasis to Expand Global Crypto Footprint
3.7.2024
Indian cryptocurrency exchange CoinDCX announced on Wednesday that it has acquired Dubai-based trading platform BitOasis. This acquisition comes as the Indian crypto market faces regulatory headwinds. It also marks the exchange’s first expansion into the Middle East and North Africa (MENA)...
CoinDCX crypto exchange acquires BitOasis, expands into MENA region
3.7.2024
CoinDCX’s acquisition of BitOasis opens new opportunities in the Middle East and ensures regulated and secure trading
Indian Crypto Exchange CoinDCX Acquires BitOasis
3.7.2024
The acquisition will provide a boost to BitOasis' plans to expand its presence across the region
Bitget in ‘active discussions’ to receive licensing in India
3.7.2024
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
3.7.2024
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with...
Bitcoin traders say BTC’s trend change decision rests at $65K
2.7.2024
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout
Crypto Exchange Kraken Is Considering Going Nuclear
2.7.2024
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk
Binance.US Challenges SEC Over ‘Control Person’ Allegation
2.7.2024
The United States subsidiary of the world’s biggest cryptocurrency exchange, Binance.US, is ready to counter the Securities and Exchange Commission (SEC). The SEC claims that the exchange offered unregistered investment products and violated the anti-fraud provisions. Binance US did not take...
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
2.7.2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings
Singapore ups crypto exchanges risk factor under new law update
2.7.2024
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business, and transport hub