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Coinbase is bringing its products to Africa with Yellow Card
12.1.2024
Coinbase and Yellow Card have recently partnered to distribute Coinbase’s products in Africa. The exchange will initially extend its service provision to twenty countries across the country. Yellow Card stands as a leading stablecoin exchange in Africa. Its collaboration with Coinbase will...
Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget
11.1.2024
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have...
Here is how India’s FIU ban will affect your crypto investment
11.1.2024
The Indian government recently issued a notice against nine crypto exchanges in India. After the notice, the Apple India app store removed Binance and other exchanges from its store. The nine names included Huobi, Binance, KuCoin, Gate.io, Bitstamp, Bitfenex, MEXC Global, Kraken, and Bittrex....
Binance’s new cloud mining presale begins!
8.1.2024
Binance, one of the leading global cryptocurrency exchanges, has launched a presale on its latest Cloud Mining products designed for Bitcoin BTC mining. Furthermore, Binance’s move to enable GPU crypto mining is a giant leap towards making cryptocurrency mining more affordable and accessible...
Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
6.1.2024
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required...
Bitget’s Resilience and Growth Strategy in the Crypto Bear Market: Gracy Chen Explains
4.1.2024
Source: Bitget Cryptocurrency exchange Bitget went forward with key investments amid the digital asset winter setting the tone for favourable market conditions in the future. In a Jan 4 interview with Colin Wu, the Bitget executive explained the role the exchange took in the bear market,...
Binance Labs Invests in Memeland’s Native Ecosystem Token Memecoin (MEME)
4.1.2024
Source: Pixabay / Binance The investment arm and incubator of the cryptocurrency exchange Binance, Binance Labs, has invested in the Memecoin (MEME) token. According to an announcement on January 4, Binance Labs revealed that it has invested in the naive ecosystem token of Memeland, a project...
Huobi Korea Announces Closure Citing Challenging Business Environment
4.1.2024
Source: Adobe South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.” Established in 2017, Huobi Korea...
CoinDCX Co-Founder addresses CoinDCX App scam news
4.1.2024
Sumit Gupta recently released an official tweet to clarify the recent news regarding fraud on the CoinDCX app. The co-founder and CEO of CoinDCX started the tweet by acknowledging the reports related to unethical acts related to the exchange. However, Sumit quickly clarified that no such incident...
OKX Implements New Rules for UK Users in Compliance with FCA Regulations
2.1.2024
Source: AdobeStock / Iakov Kalinin The cryptocurrency exchange OKX is introducing rules for its United Kingdom-based users in response to recent regulations introduced by the UK Financial Conduct Authority (FCA). On January 2, OKX announced changes to its user experience for new and existing retail...
Analyst: FTX Legal Battle Set to Extend Over Years in $8 Billion Creditor Fight
2.1.2024
Source: Getty Images Now-defunct cryptocurrency exchange FTX is embroiled in a legal battle that could extend over several years as creditors seek to recover over $8 billion. The case, filed in November, involves multiple parties fighting over the remaining assets, making it more complex...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip
29.12.2023
In light of the ongoing dialogue around Binance’s removal of privacy coins, the cryptocurrency exchange Okx has declared the removal of various spot trading pairs linked to privacy tokens such as monero, zcash, and dash. Okx attributes its decision to remove these offerings...
Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening
29.12.2023
Source: AdobeStock / prima91 Binance, the world’s largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end...
FIU IND blocks 9 crypto exchange URLs for non-compliance
29.12.2023
A total of 9 crypto exchange platforms have been served with a compliance Show Cause notice by the Financial Intelligence Unit India, also recognized as FIU IND. The names of these platforms are Binance, Kucoin, Kraken, Huobi, Gate.io, Bitstamp, Bittrex, Bitfinex, and MEXC Global. The said...
Binance upgrades USD-Margined Futures Liquidity Provider Program
29.12.2023
Binance has begun scaling the USDC-margined futures liquidity provider program after providing the USDC-margined futures contract. This will take effect at the start of the next year. Users will need to meet certain requirements to connect with the program. USD-M futures contracts contain linear...
Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement
29.12.2023
Source: Jason Hafso / Pexels Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of...
Hong Kong to Become the Next Crypto ETF Hub as BTC ETF Anticipation Continues in US
28.12.2023
Source: Pixabay Hong Kong is poised to become a leading hub for cryptocurrency exchange-traded funds (ETFs), particularly spot Bitcoin (BTC) ETFs, as anticipation grows for the approval of such ETFs in the United States. Industry leaders believe that Hong Kong’s Securities and Futures...
Bitget announces the launch of the Spot auto-invest+ product
28.12.2023
Bitget recently announced the launch of its latest product, Spot auto-invest+. The announcement was made on the official website of Bitget. The post read that Bitget will offer users an improved financial investment experience. Thus, users can now witness automatic investment with Earn Boost...
Binance and the Royal Thai Police to fight digital asset frauds
27.12.2023
The adoption of digital assets is picking up. Regions only have the option to keep up with it. A crucial aspect is adapting to the dynamics of this transition. The Royal Thai Police have taken note of this aspect and announced their collaboration with Binance, a crypto exchange platform. Their...