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Bybit crypto exchange suspends services in South Korea
17.9.2021
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country
Songbird From Flare Networks Available for Trading on Bitrue
17.9.2021
Flare Networks finally announced the completion of distribution of Songbird, the Canary Network of Flare Networks. The Canary Network of Flare refers to the operational Blockchain network that works with a limited supply of tokens. At present, Songbird has two unique protocols that include...
DCG-backed Korean exchange faces closure if it can’t find banking partner
17.9.2021
South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut down
Nigerian Currency Plunges to New Low of 570 — 10% of Value Lost in Under 30 Days
17.9.2021
The Nigerian currency, the naira, plunged to a new all-time low of N570 for every dollar on September 16, 2021. This new exchange rate means since August 17, the naira has now lost about a tenth of its value on the foreign currency black market. Naira Overvalued In spite of this plunge, which...
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
16.9.2021
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to “Further grow the cryptoeconomy.” Coinbase Registers to Offer Crypto Futures...
SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
16.9.2021
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains
SUSHI Extends Bull Run, ZEN Jumps on Coinbase Pro News
16.9.2021
d higher, after news that the token is being listed on the major exchange
Data center operators have ‘no problem’ with new Russian crypto crackdown
16.9.2021
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country's largest data center operators aren’t really worried
FTX Cryptocurrency Exchange Partners with Zelcore
16.9.2021
FTX, one of the foremost cryptocurrency exchange forums in the industry, has entered into a partnership with Zelcore to enable users to engage in trading without the restriction of trade limits, according to FTX review reports. The partnership seeks to transform the way assets are moved from...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
15.9.2021
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General...
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
Coinbase Junk Bonds Incur $2B, Proving Crypto is Going Mainstream
15.9.2021
Coinbase recently proved crypto’s entry into the mainstream arena with its junk bonds sales. The platform sold over 2 billion dollars worth of debt through bonds. The event surprised the market as the platform witnessed over 7 billion dollars worth of orders pouring in. With such numbers,...
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
15.9.2021
The jump in UNI/USD rates has quickly met with sellers at local top levels
Hong Kong landlords lease to crypto exchanges following regulatory clarity
15.9.2021
Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors
Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
15.9.2021
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission...
US and Singapore companies collaborating: Okcoin partners with Hodlnaut
15.9.2021
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi
Three reasons why the price of Elrond (EGLD) is hitting new daily highs
15.9.2021
An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300
Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds
14.9.2021
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer...