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Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
25.8.2022
Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
25.8.2022
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
Crypto Exchange Coinbase Introduces Liquid Staking Token Before Ethereum Merge
25.8.2022
The Coinbase Wrapped Staked ETH (cbETH) will have several uses, including selling and transferring staked ETH as well as using it as collateral in DeFi protocols
Coinbase introduces wrapped staked ETH asset ahead of the Merge
24.8.2022
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” said the crypto exchange
Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News
24.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers...
Bitcoin Price Rally Failed to Attract Active Users, Exchange Flows Reveals 'Lackluster' Demand – Glassnode
24.8.2022
The recent uptrend for bitcoin (BTC) did not attract a new wave of active users, while exchange flows also suggest a “relatively lacklustre influx of capital,” the on-chain analytics firm Glassnode has found....
Read More: Bitcoin Price Rally Failed to Attract Active Users, Exchange Flows Reveals...
FDIC-FTX spat is another reason for investors to self-custody their funds
24.8.2022
Between the collapse of Celsius and the FDIC's warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges
Uniswap eyes NFT financialization, in talks with lending protocols
24.8.2022
In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization
Binance Waives Trading Fee for ETH/BUSD Spot Trading Pair
24.8.2022
Binance has announced to waive the trading fee of 0.1% on the spot trading pair of ETH/BUSD by officially launching Zero-Fee ETH Trading. Users will not have to pay any fee while trading the pair. The trading fee waiver is applicable from August 26, 2022, 00:00 UTC, to September 26, 2022, 00:00...
China’s Ant Group to help Malaysia launch crypto-friendly 'super app'
24.8.2022
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services
Coinbase Boss Says Transaction Fee-based Revenue Model Won’t Work Long-term
24.8.2022
The crypto exchange giant Coinbase wants to ditch its reliance on transaction fees as its main source of income – and is concerned that the fees that traders pay when they exchange tokens cannot provide a sustainable form of income.
Speaking in an interview with CNBC, the firm’s CEO Brian...
Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients
24.8.2022
The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained. Bitstamp’s CEO...
Japan’s bitFlyer Will ‘Pay Close Attention’ to Any Ethereum Proof-of-Work Hard Fork
24.8.2022
The Japanese crypto exchange bitFlyer has said it will “pay close attention” to any hard forks that may happen as a result of Ethereum’s (ETH) transition from proof-of-work (PoW) to proof-of-stake (PoS), and that forked tokens that continue to rely on PoW could be supported.
Writing in a blog post...
Miami Trio Charged With Defrauding Banks and Crypto Exchange of Over $4M
23.8.2022
The DOJ has been cracking down on crypto-related scams as lawmakers become more vocal about illicit activity in the space
MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead of 'Faketoshi' Battle + More News
23.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead...
Exchange Giant CME’s Bitcoin Futures Just Hit a Huge Discount to Spot Prices
23.8.2022
On Monday, CME's bitcoin futures showed a 3.36% discount, surpassing previous lows of 2.39%
‘7 South Korean Securities Firms Will Launch Crypto Exchanges in 2023’ – Report
23.8.2022
A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year.
Per Newspim, “seven large domestic securities companies” have already applied to financial...
Bitfinex offers new chain split tokens ahead of Ethereum Merge
23.8.2022
ETHW and ETHS are the two newly introduced chain split tokens that will allow users to trade on the fork event
Malaysian regulators add Huobi to investor alert list
23.8.2022
The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators