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Coinbase Bases, PayPal Stablecoins, Binance Exchanges and 20 Crypto Jokes

12.8.2023
Read More: Coinbase Bases, PayPal Stablecoins, Binance Exchanges and 20 Crypto Jokes

SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies

11.8.2023
The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If...

Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies

10.8.2023
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data, Cryptoquant has questioned the authenticity of...

Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges

10.8.2023
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...

Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador

10.8.2023
Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has approvals and registrations in 18 markets worldwide....

Identity checks on crypto exchanges at risk as AI deepfakes evolve

9.8.2023
Once HeyGen’s AI-generated digital avatar is available to the public, users would be able to create a video with a real life-like digital avatar in just two minutes

Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges

7.8.2023
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements

Paypal’s New Stablecoin Sparks Confusion: Wave of Counterfeit Tokens Flood Decentralized Exchanges

7.8.2023
Following the announcement by Paypal of the introduction of a novel stablecoin asset named PYUSD, a wave of counterfeit Paypal tokens has emerged on decentralized exchange (dex) platforms, including Uniswap. The absence of an official release of PYUSD’s token address by Paypal or Paxos...

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...

Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market

6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...

Binance Users Reach 150 Million, CZ Reveals

5.8.2023
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange BitGet

4.8.2023

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say

Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China

4.8.2023
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges

Coinbase Looking to Add Lightning Network Support

4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....

Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report

3.8.2023
Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto...