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Coinbase reports 23% growth in 2023 Q1 financial results
5.5.2023
Coinbase recently released its much-awaited financial report for the 2023 Q1. The exchange has noted a massive 23% growth in its revenue, reaching 773 million dollars. The amount was a welcome surprise since expert analysts had expected its revenue to revolve around 655 million dollars. Despite...
Bitfinex to list Floki ecosystem’s native utility token, $FLOKI
4.5.2023
Bitfinex recently announced listing $FLOKI on its trading platform. The native utility token by Floki Ecosystem will accept deposits from May 4, 10 AM UTC. In addition, Bitfinex will start accepting the FLOKI token trades from May 5, 10 AM UTC. The initial trading pairs on the platform will...
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
SUI mainnet goes live as token sees immediate action on Binance, OKX, others
3.5.2023
The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm
Coinbase introduces Coinbase International Exchange
3.5.2023
Coinbase announces the next chapter of its global expansion strategy by launching Coinbase International Exchange. The platform is live across all jurisdictions except the US, bringing the most trusted and safe experience in crypto trading. Furthermore, at Coinbase, the main objective is to build...
Bybit launches Bybit Lending with hourly interest feature for lenders
3.5.2023
Holders of cryptocurrencies like BTC, ETH, and USDT, to mention a few, now have a chance to earn hourly interest with Bybit. This comes to light following an announcement by Bybit wherein Bybit has introduced a lending protocol that rolls out interest on lending every hour. Bybit Lending requires...
FBI, Ukraine seize 9 exchange domains on money laundering allegations
3.5.2023
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...
3AC founders run into fresh trouble in Dubai over new exchange OPNX
2.5.2023
Dubai digital asset regulator claimed that it had sent two cease and desist notices to the exchange in February and an investor alert against it in April
ByBit joins crypto exchanges offering crypto lending services
2.5.2023
Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities
Institutional investors call for more clarity, per a Coinbase Survey
2.5.2023
The US was once a technological hub. Now, it was once a technology. In other words, there are other regions gaining dominance in the segment. While it is not exactly the fault of the US, there is a sector where the country needs to tighten its grip. The digital asset industry is growing faster...
On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023
1.5.2023
Oliver Linch suggested jurisdictions with established frameworks for crypto and policymakers willing and able to use them were a potential winning combination for fledging firms
OKX adds Pepe (PEPE) to Spot Trading Markets
1.5.2023
OKX, a significant cryptocurrency exchange, has revealed that it will add Pepe (PEPE) to its spot trading markets. The announcement was made on May 1, and the trading and withdrawal plan has been released. As per the schedule, PEPE/USDT spot trading is set to commence at 09:00 am UTC on May...
Gemini seeks mediation for quick settlement in the Earn controversy
1.5.2023
Gemini has been maintaining a webpage to share weekly updates with the community. These relate to the progress that it has made in the negotiation with the Digital Currency Group (DCG), Creditor Committee, Unsecured Creditors Committee (UCC), and Genesis. Per the recent update posted on April...
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
28.4.2023
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending
Crypto.com and Samsung join hands to drive global crypto adoption
28.4.2023
Crypto.com recently announced a massive partnership with Samsung. The collaboration will focus on making the crypto trading experience seamless. In addition, Samsung will honor the integration by optimizing the Crypto.com software for its Galaxy Z Fold devices. This will include the recently...
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
28.4.2023
Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC at $30,000
Coinbase execs respond to SEC's Wells notice in person and on video
28.4.2023
Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
27.4.2023
Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
27.4.2023
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder