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Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
15.6.2022
Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings
SEC boss worries crypto bill undermines financial protections
15.6.2022
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
SEC reportedly launches investigation into insider trading on exchanges
15.6.2022
The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance violations to litigate against
New South Korean Regulatory Chief Promises More ‘Fairness’ for Crypto Investors
15.6.2022
The South Korean government and financial regulators appear keen to ensure that May’s Terra ecosystem crash – an event they have dubbed the “terra/LUNA incident” – will become a watershed moment for the crypto sector, with a slew of new regulations incoming. The new head of a leading regulatory...
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
14.6.2022
CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
Coinbase Says It Grew Too Quickly and Now Lays Off 1,100 Employees
14.6.2022
Major crypto exchange Coinbase said it will reduce its workforce by around 18% in order to cut expenses and increase efficiency ahead of a possible recession.
According to the report submitted to the US Securities and Exchange Commission, on June 14 this year, Coinbase Global, Inc. announced...
Crypto exchange Coinbase slashes staff by 18% amid bear market
14.6.2022
After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession
The Network Upgrade And Hard Fork For Firo Gets Binance Support
14.6.2022
Binance has published a post announcing its support for the Firo network upgrade and hard fork. The process is scheduled for June 16, 2022, at 12:00 UTC. Deposits and withdrawals of FIRO will be suspended on the same day at 11:00 UTC. The time announced is for reference only. Upgradation of...
Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
14.6.2022
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening...
Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals
14.6.2022
Major crypto exchange Binance has shared that they had been repairing "minor hardware failures" yesterday, which resulted in "a stuck transaction", which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours....
Read More: Binance...
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
14.6.2022
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’...
Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
14.6.2022
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty
Crypto users take to Twitter to lament the ongoing market downturn
13.6.2022
What goes up must come down. And then go up again. Then come down again. And on and on and on
Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal
13.6.2022
Ukraine’s WhiteBIT crypto exchange could become the first firm in the blockchain technology space to have its name featured on an FC Barcelona shirt – with a sleeve sponsorship deal reportedly on the verge of completion....
Read More: Ukrainian Crypto Exchange Reportedly Close to FC Barcelona...
Binance resumes withdrawals as many retail crypto investors monitor exchanges
13.6.2022
Many social media users seem to be waiting for other crypto exchanges including Coinbase and Kraken to follow in Binance's and Celsius' footsteps by suspending withdrawals
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’
13.6.2022
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last...
Crypto Listing and Delisting Announcements: Week 24
13.6.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
13.6.2022
ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it
Binance Pauses Bitcoin Withdrawals Due to 'Backlog'
13.6.2022
Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO.
Changpeng Zhao tweeted today that there has been a “temporary pause” of BTC withdrawals on the exchange. Per the CEO, this is the result of “a stuck transaction causing a backlog.” He went...