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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...
Hardware Wallets Gain Popularity as FTX Collapse Pushes Users to Self-Custody
3.5.2023
The FTX collapse pushed many users away from exchanges and into storing their own crypto. But the potential issue of human error remains.
FTX was not alone in creating this trend. Celsius Network, Three Arrows Capital, Terra, and other crypto companies failing in 2022, as well as the March 2023...
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...
The ABCs of Crypto: Teaching the next generation of Web3 users
2.5.2023
This latest report presents an overview of two of the most popular use cases for blockchain technology — DeFi and NFTs — to help onboard the next generation of crypto users
Ethereum Shapella Upgrade Sets the Stage in Latest ProBit Global Trading Contest
2.5.2023
PRESS RELEASE. ProBit Global has announced the native asset for the Ethereum network, ETH, as the next token for its series of trading competitions. The crypto trading contest, which allows ProBit Global users to win rewards based on their trading volume, gives traders a low-risk way to...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
29.4.2023
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes...
The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard
29.4.2023
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after...
European bankers on digital euro: 'ECB has no interest in users’ personal data'
28.4.2023
While anonymity still stands as the core issue of European CBDC, the inevitable competition with private banks also raises questions
Robinhood Starts a New Way for Its Users to Fund Their Web3 Wallets
27.4.2023
Robinhood Connect will start rolling out to partners in coming months
TRON tops the chart for most active users last week
27.4.2023
TRON has overshadowed Ethereum and many other cryptocurrencies regarding active users. Still, its price has been consolidating within a range in the last few months, whereas Bitcoin and Ethereum prices have risen, especially after the US banking crisis. According to recent data, the daily active...
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
27.4.2023
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday
Binance Reportedly Removes Restrictions on Russian Users
27.4.2023
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which...
MeWe social network with 20M users to integrate with Polkadot parachain
27.4.2023
The integration is built on DSNP, a protocol created by Project Liberty
Regulation Clarity Will Bring on More Consumer Web3 Users, PepsiCo’s Executive Says
26.4.2023
PepsiCo Head of Next Gen DTC Connections and Innovation Kate Brady talks about the urgency in regulatory clarity in the customer web3 space at CoinDesk Consensus 2023 conference
Binance.US enables free Web3 domain creation for American users
26.4.2023
Binance users based in the United States are now able to create Web3 domains that serve as digital identities in a new partnership with Unstoppable Domains
Social Media App MeWe to Bring Frequency Blockchain's Self-Sovereign Identity to Its 20M Users
26.4.2023
The Frequency blockchain aims to create a fundamental layer to Web 3, based on a social identity that users can control
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
24.4.2023
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions
Kucoin Exchange Twitter Account Hacked, Exchange Pledges to Reimburse Affected Users – Here's the Latest
24.4.2023
The official Twitter account of the KuCoin exchange experienced a malicious breach for about 45 minutes in the early hours of April 24, which resulted in users' loss of $22,628.
However, the platform has stated that it will implement stronger security features and reimburse affected...
Trust Wallet to reimburse users after $170,000 security incident
22.4.2023
The vulnerability impacted wallet addresses created through the browser extension between November 14-23, resulting in nearly $170,000 in losses