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Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
BitMEX Lists New Pairs of Project Galaxy, Tron, and ApeCoin
19.5.2022
As per the Twitter post shared by BitMEX, new perpetual contracts based on Project Galaxy, Tron, and ApeCoin went live on the exchange on May 19. The five new perpetual contracts include GALUSD, GALUSDT, TRXUSD, TRXUSDT, and APEUSD. The trading platform would bring advanced features like Bitcoin...
WazirX Delists and Ceases Trading of LUNA/INR, LUNA/WRX, and LUNA/USDT
13.5.2022
WazirX has delisted three trading pairs from its platform. These three trading pairs are LUNA/INR, LUNA/WRX, and LUNA/USDT. The delisting has been done based on the recent review of these trading pairs. Users will be able to utilize Binance free transfer to withdraw their LUNA funds. The delisting...
Coinbase Share Prices and Number of Active Users Fall
11.5.2022
Coinbase published its financials for the first quarter of 2022. Investors observed a fall of 12% in the stock price in after-hours trading. Revenue came to $1.17 billion, out of which $1 billion came from the cut in trading fees. $152 million was collected in revenue from subscriptions...
Bitso Launches Bitso+, Letting Users Earn Yields on Digital Assets
10.5.2022
Bitso, a Mexico-based crypto exchange platform, announced that it had launched Bitso+ for users across the Latin American region. Bitso+ is a blessing at a time when the entire region has been devastated by the constantly rising inflation. All the countries across the globe have been adversely...
Binance Approved as a Digital Asset Service Provider in France
5.5.2022
Binance has received registration for operating in France as a Digital Asset Service Provider. It has been granted by Autorité des marchés financiers with approval from the Autorité de Contrôle Prudentiel et de Résolution to give a go-ahead to Binance France to conduct its business in the region....
Poloniex Collaborates with Polygon to Boost Adoption Of Web3
4.5.2022
Poloniex and Polygon have joined hands to work on Web3. Through the collaboration, Poloniex and Polygon will work to boost the development and adoption of Web3 applications while also working on various other fields. Polygon brings to the table its cutting-edge technology and insights to support...
OKX is Now the Primary Partner of the McLaren Formula 1 Team
4.5.2022
McLaren Racing recently announced a multi-year collaboration with OKX, one of the biggest crypto exchanges by trading volume. The McLaren Formula 1 Team and McLaren Shadow esports Team’s Primary Partner began in 2022. The partnership with OKX will help the team’s worldwide audience...
Brave And Gemini to Offer Integrated Custodial Wallet
29.4.2022
Brave And Gemini have taken a step ahead in their partnership by launching a new update for Brave Android App, v1.38, today for the users. The update enables them to connect their Gamini account to the browser version of Brave Rewards. The goal is to efficiently manage Basic Attention Tokens (BAT)...
Coinbase Cloud Partners with Acala Foundation to Support Liquid Staking
27.4.2022
Coinbase Cloud recently announced a partnership with Acala Foundation. The collaboration will promote liquid staking, with KSM being their first target on Karura. The process allows token holders to stake tokens while integrating them into DeFi without subjecting token holders to any unbonding...
KuCoin Exchange Adds PIX&TED Capitual and Advcash Fast Transaction Services
26.4.2022
KuCoin, a leading global cryptocurrency exchange, has announced that it has integrated the PIX&TED Capitual service and Advcash into its list of add-ons. The services allow users to take advantage of zero fees and transfer a wide range of currencies globally. According to today’s press release...
Kraken Awaits Approval for Regional Office in UAE
25.4.2022
The overview of cryptocurrencies among world countries has changed over the years, as expressed in the recent news about policy changes. The United Arab Emirates is one of the few proactive nations to currently enable a healthy environment for cryptos. The changes have paid off as the country...
Bitstamp Adds AXS, SAND, ENJ, And CHZ for Its American Market
22.4.2022
Bitstamp was co-founded by Damijan Merlak in 2011, with headquarters established in the United Kingdom. The operations of Bitstamp are to offer services related to Crypto exchange. Bitstamp is one of the Crypto exchange platforms that made its presence in the initial years of the rise...
Ukrainian Central Bank’s ‘Quasi-Cash Transaction’ Restrictions Could Affect Crypto Users
22.4.2022
Ukraine’s central bank, the National Bank of Ukraine (NBU), has placed additional restrictions on its citizens’ cross-border money and asset transfers, a measure that will affect crypto transactions....
Read More: Ukrainian Central Bank’s ‘Quasi-Cash Transaction’ Restrictions Could Affect Crypto...
Binance Integrates Elrond and UTK to Become First ESDT on the Exchange
20.4.2022
The latest blog post from Elrond confirmed that the network had completed the integration with the largest cryptocurrency exchange in the world, Binance. This new move will allow the exchange to list ESDT tokens for trading. The Elrond Standard Digital Token (ESDT) is the standard used for...
Why Crypto DEXs Are Increasingly Embracing a Fixed Staking’s Rate?
18.4.2022
For most people today, savings accounts (mostly offered by financial banks) are the most common way people seek to preserve the value of their cash and make a profit. By simply opening a bank account, investors can start saving to earn a regular fixed interest rate on those savings. While most...
Binance Labs Heads Sender Wallet’s Seed Funding Round
12.4.2022
Binance is a globally renowned name for being the best Crypto exchange platform. Results speak for themselves. Binance processes more than 1,400,000 transactions every second and aims to make the world financially free from all the obstacles. The overall number of Binance users reached 16.5 million...
Leading centralized exchanges extend market share in 2022
12.4.2022
The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022
The Green Metaverse Token Is Now Live on BitMEX
11.4.2022
The GameFi segment blends the gaming industry and the finance industry. It allows players to earn while playing their favorite games. In return, players are rewarded a share of Cryptocurrency and/or non-fungible tokens. Cryptocurrencies can be collected directly in the digital wallet. Non-fungible...
Exchange coins utility, explained
7.4.2022
Exchange coins allow traders to have a say in projects they participate in while simultaneously providing use cases in contest funding and payment