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Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Coinbase will pay users 4% interest on USDC holdings
29.6.2021
The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June
Crypto.com announces global partnership with Formula 1
29.6.2021
The exchange said it will become the racing series’ official cryptocurrency sponsor and NFT partner, hinting at a crypto-themed award for one of the events
Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG
29.6.2021
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...
Coinbase Approved to Enter German Cryptocurrency Market
29.6.2021
Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency...
Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform
29.6.2021
Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a marketplace for spot crypto trading and provide “connectivity and post-trade infrastructure into a network of digital assets custodians.” TP ICAP, a leading...
Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange
29.6.2021
Both Tom Brady and Gisele Bündchen will take equity stakes in FTX Trading and receive crypto as part of an endorsement deal with the crypto exchange
13 more crypto firms withdraw licensing applications in the UK
29.6.2021
Local and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators
Binance tackles travel rule compliance after multiple bans
29.6.2021
Following bans in Japan, the U.K. and Ontario, Binance is ramping up its compliance efforts with a specialized tool developed by crypto intelligence firm CipherTrace
ICAP to launch Bitcoin exchange with Fidelity, Standard Chartered
29.6.2021
Now pursuant to approval from the United Kingdom’s financial regulator, TP ICAP’s crypto platform will initially offer Bitcoin trading
Crypto.com Launches Worldwide USD Deposits With Circle
29.6.2021
The renowned cryptocurrency exchange forum Crypto.com has entered into a partnership agreement with Circle, an international Fintech corporation, to allow deposits in USD at Crypto.com. Crypto.com has a client base that exceeds ten million, and it supports more than a hundred cryptocurrencies...
WazirX Takes Significant Steps for Crypto Adoption in India
29.6.2021
WazirX Announces Partnership with SonyLIV WazirX, the Bitcoin trading platform of India, has entered into a partnership contract with SonyLIV to be the co-presenting sponsor at UEFA EURO 2020 that will begin to be live-streamed at SonyLIV from June 11, 2021. According to the WazirX Review,...
Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
29.6.2021
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them...
Bears back off, but Bitcoin price still wavers below $35K
29.6.2021
Bitcoin price briefly surged above $35,000 to spark a relief rally in altcoins but a number of bearish factors still surround BTC
Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
28.6.2021
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden...
Germany’s financial watchdog approves crypto custody license for Coinbase
28.6.2021
Since January 2020, all crypto firms operating in the German market have required BaFin approval
China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures
28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...
Huobi bans crypto derivatives trading for users in China
28.6.2021
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government
Operator of China’s first Bitcoin exchange reportedly exits crypto
28.6.2021
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com