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Investor settlement releases FTX co-founder Sam Bankman’s Civil Liability
25.4.2024
This new development in the series of lawsuits emerging from the FTX debacle involves a group of investors and customers deciding to withdraw their claims against Sam Bankman-Fried, one of the founders of the crypto exchange. The group reached this decision per a signed agreement allowing...
DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’
25.4.2024
Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
The post Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024 appeared first on Cryptonews
Memecoins are like a ‘risky casino’ — Andreessen Horowitz CTO
25.4.2024
The chief technology officer of VC firm a16z said that memecoins are like risky casinos that deter real builders from the crypto ecosystem
Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share
25.4.2024
Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market.
The post Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share appeared first on Cryptonews
EU enacts crypto regulations to combat money laundering
25.4.2024
The new legislation would impact crypto-asset service providers (CASPs), like centralized crypto exchanges under MiCA (Markets in Crypto-Assets Regulation)
South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?
25.4.2024
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.
The post South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy? appeared first on Cryptonews
Binance to phase down BNB Beacon Chain (BEP2) deposits
24.4.2024
The BNB Chain members have communicated that Binance will terminate all operations on the BNB Beacon Chain (BEP2) by June 2024. In line with this decision, Binance has set a deadline for all BEP2 token deposits, excluding Binance-pegged tokens (B-tokens), which must be completed by May 15, 2024,...
As Pepe Price Skyrockets, Watch Out for This Emerging Meme Coin Poised for Exchange Listings — Could It Be the Next 100x?
24.4.2024
Pepe the frog ($PEPE), the fourth largest meme coin by market capitalization and the fortieth largest cryptocurrency overall, has rallied 15% overnight to trade at $0.057865 as of this writing, according to data by CoinGecko. The gains appear to have been largely spurred on by the news last night...
Spot Bitcoin exchange traded funds rake in $31.64M
24.4.2024
In the US, spot Bitcoin traded funds experienced three continuous days of net inflows, raking $31.64 million. This is as per SosoValue data. This fortunate increase in Bitcoin funds came five days after the outflow, which paved the way for Bitccoin’s activity. According to the observations made...
OKX beware: Fezoo exchange’s stage 1 presale gains momentum with XRP and Polkadot investors
24.4.2024
The cryptocurrency world is buzzing with excitement over Fezoo, a new platform that’s quickly gaining traction. Their Stage 1 Presale is attracting a significant number of investors, particularly those holding XRP and Polkadot. This surge in interest suggests that this platform could disrupt...
SEC targets Uniswap Labs, raising concerns over open-source code liability
24.4.2024
SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves?
Hong Kong’s Spot Bitcoin and Ethereum ETFs to Begin Trading on April 30
24.4.2024
Hong Kong is gearing up to launch its much-anticipated spot Bitcoin and Ethereum exchange-traded funds (ETFs) by the end of April.
The post Hong Kong’s Spot Bitcoin and Ethereum ETFs to Begin Trading on April 30 appeared first on Cryptonews
Coinbase Set to Launch $15 million Ad Campaign During NBA Playoffs: Report
24.4.2024
Coinbase, the U.S.’s largest crypto exchange, is reportedly launching a $15 million advertisement campaign across four channels airing NBA playoffs.
The post Coinbase Set to Launch $15 million Ad Campaign During NBA Playoffs: Report appeared first on Cryptonews
Binance launches spot copy trading to enhance user trading experience
24.4.2024
In recent news on the Block, Binance plans to launch a spot copy trading feature that will enable users to mimic and carry out the same transactions as successful traders. Rohit Wad, the CTO of Binance, mentioned that this tool was developed in response to feedback from the community and...
Nigeria’s central bank forced to deny claims of crypto account freeze
24.4.2024
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited
Can crypto traders out-predict Wall Street on Coinbase Q1 earnings?
24.4.2024
Coinbase has surpassed EPS estimates for the last four quarters, and crypto analysts expect this trend to continue next week
Bears tighten grip on Stellar and Cosmos, while Uniswap challenger Castula Network aims for top DeFi exchange
24.4.2024
Amidst the uncertainty surrounding the performance of Stellar (XLM) and Cosmos (ATOM), Castula Network (CNK) is innovating a fresh project into the DeFi market. The top crypto tokens have endured a quiet start to April, slipping significantly as the bearish sentiments gather momentum. However...
Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion
24.4.2024
Ultimate Wallet and its mobile team have been acquired by Jupiter, Solana's leading decentralized exchange (DEX) aggregator.
The post Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion appeared first on Cryptonews
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
23.4.2024
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
The post SEC Sued by Crypto Industry Groups Over Definition...