Search
Sam Bankman-Fried receives 25-year sentence in landmark fraud case
29.3.2024
Judge Sam Bankman-Fried sentenced the former CEO of FTX to 25 years in prison on Thursday for stealing $8 billion from consumers of the cryptocurrency exchange he founded, which is now bankrupt. During a court hearing in Manhattan, the penalty was imposed by U.S. District Judge Lewis Kaplan...
KuCoin vows normalcy after US money laundering charges
27.3.2024
KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...
Bybit launches Smart Leverage for no liquidation & more benefits
26.3.2024
Bybit recently launched Smart Leverage to offer trading benefits to users. According to Bybit’s latest post, the product has been designed to facilitate smart trading for amplified gains. The non-principal-protected structured product can help traders navigate market volatility. Smart Leverage...
ProBit announces support for Bitcoin cash upgrade and hard fork
22.3.2024
Bitcoin Cash Node v27.0.0 upgrade and hard fork are scheduled for May 15, 2024. ProBit has come forward, announcing that it will support both processes for Bitcoin Cash. The only important date to note is May 15, 2024, when deposits and withdrawals of BCH will be suspended until further notice....
Coinbase Adds RON Token, Expanding Access for 73 Million Users
22.3.2024
RON gets registered on Coinbase, the biggest US based crypto exchange, rendering its services available to a staggering 73 million users. Users can buy, sell, and hold on to RON in their Coinbase wallets. Coinbase and Ronin have been treading separate paths to increase the freedom factor globally....
Bybit introduces Bybit P2P Shield for a safe P2P trading system
21.3.2024
Bybit recently introduced its latest product, Bybit P2P Shield. Bybit P2P Shield, a next-generation program, will establish a safe P2P trading system. The latest post by Bybit sheds light on how the program will work. Bybit believes in offering a reliable and safe P2P trading environment....
Coinbase files certifications with CFTC for DOGE, LTC, and BCH
21.3.2024
Coinbase has reportedly filed for certification with CFTC, seeking approval for the US-regulated future for three tokens: Dogecoin, Litecoin, and Bitcoin Cash. Their trading is likely to go live on the first date of April this year, that is, 2024, provided there are no objections from the CFTC...
Shiba Inu becomes the second-best meme coin on Crypto.com
21.3.2024
Crypto.com has announced that Shiba Inu’s meme coin, SHIB, is now the second-best token on the platform. The announcement was made on X, and the Shib Army expressed its excitement about it. Some of them have said that SHIB is indeed poised to climb up the ladder in the days to come. Others have...
Binance asks for the tightening of screening procedures
19.3.2024
Binance, an international cryptocurrency exchange, has contacted top brokers like FalconX and Hidden Road to tighten the screening procedure to avoid having US investors on the exchange. Since top brokers are known to render their services to institutional investors, the sort of information...
MEXC Slashes Leverage on GROK-USDT-M Futures
18.3.2024
A couple of days ago, MEXC Futures, a quite popular platform for futures trading, informed the users about their approach to letting traders use less leverage on futures trading. Effective from 05:10 UTC on 18th March 2024, the platform will be implementing the dropping of the maximum leverage...
Binance Labs transforms into an autonomous investment wing
18.3.2024
Binance Labs, a venture capital business, has transformed into an autonomous investment wing by breaking away from Binance exchange. According to statements released, since the beginning of 2024, Binance Labs has been functioning as an independent body, even though it has permission to utilize...
Polkadex Orderbook Hestia enhances CEX-like decentralized trading
15.3.2024
Polkadex has significantly advanced the decentralized exchange (DEX) ecosystem with the subsequent release of its highly anticipated Hestia Orderbook update. As part of Polkadex’s Hestia release, the most recent version of Orderbook introduces trading fees, lays the groundwork for...
Nigeria wants Binance to disclose the top 100 users
14.3.2024
The Nigerian government recently took a bold step that has sparked unrest, interest, and raised eyebrows. The Nigerian government is requesting that Binance, the world’s top cryptocurrency exchange, provide all of the details of its 100 Nigerian users, including transaction history for...
Judge Edgardo Ramos rejects SEC petition against Gemini Earn program
14.3.2024
Judge Edgardo Ramos denied dismissing a case that the US Securities & Exchange Commission had brought against the US District Court for the Southern District of New York. The agency had plausibly alleged that Gemini Trust Company and Genesis Global Capital were engaged in offering unregistered...
Crypto.com extends support for Stratis (STRAX) token swap
14.3.2024
Crypto.com announced that it will support the token swap for Stratis – STRAX. Therefore, deposits and withdrawals of the token will be disabled effective March 20, 2024. It will happen on the Crypto.com app and exchange platform at different times. Functionalities will be disabled on the...
OKX receives in-principle approval by MAS for its payment institution license
13.3.2024
The global premier cryptocurrency exchange, blockchain, and Web3 technology organization, OKX, recently received in-principle approval for its licensing application to provide customers with virtual assets and financial services. On 13th March, OKX mentioned that it received preliminary approval...
Gate.io announces support for $SOULS token migration
8.3.2024
Gate.io has announced its support for the migration of $SOULS tokens. The move comes after The Unfettered project experienced a hacking incident. The token swap will happen in a ratio of 1:1. Gate.io will support the swap services via a new ID. Users of Gate.io who already hold the token will...
Bitbuy adds HBAR for trading in Canada
7.3.2024
Bitbuy announced adding HBAR to its exchange platform, launching the token in Canada for users to trade. Withdrawal and deposit functions are currently unavailable; however, customers can expect both features to go live as soon as possible. This has caused a surge in the valuation of HBAR tokens....
Crypto prices are slipping in India despite a global bull run
6.3.2024
Crypto prices across the globe are demonstrating a bull run. However, the story is a bit different in India. Prices are reported to be falling amid a rise all over the world. Sumit Gupta from CoinDCX addresses the issue, clarifying what’s happening and why prices are down, particularly in India....
Nigerian authorities detain two Binance execs in crypto crackdown
29.2.2024
Nigerian authorities have reasons to feel they are right in cracking down on the cryptocurrency business. The most recent incident involved detaining two Binance executives and taking their passports. It occurred when both executives flew to Nigeria following the country’s decision to...