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Exchanges Vow to Keep ETH Trading Open as Merge Moves Closer
6.9.2022
Crypto exchanges are vowing to keep trading open and unaffected during Ethereum’s (ETH) transition to proof-of-stake (PoS), despite deposits and withdrawals of ETH and ERC-20 tokens being halted.
Meanwhile, the major exchange FTX has gone one step further, announcing a halt to wrapped...
Staking on Polkadot, explained
5.9.2022
There's a big buzz around staking right now — but when it comes to Polkadot, there's a big difference between exchanges
Indonesian Government to Launch Crypto Bourse This Year, Official Says
4.9.2022
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon...
Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges
3.9.2022
Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether,...
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes
3.9.2022
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September...
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
2.9.2022
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters...
Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year
29.8.2022
Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office...
Coinbase Discloses It Will ‘Evaluate Any ETH Fork Tokens Following The Merge’
28.8.2022
The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming Ethereum upgrade known as The Merge. In a recently updated blog post, Coinbase said if a new Ethereum proof-of-work (PoW) token is created it “will be reviewed...
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering
27.8.2022
India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The federal agency recently froze the assets of...
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
27.8.2022
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps...
Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators
26.8.2022
Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes...
Regulators have a weak case against FTX on deposit insurance
26.8.2022
FTX made an error in messaging when it suggested depositors were insured, but federal regulators will have a hard time proving the exchange did so with sinister motives
Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News
26.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires...
The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled Cards
26.8.2022
Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa...
End-of-Week Ethereum: Merge News Fails to Hold Price Up, Traders Discuss Merge-Related Sell-Off, Binance Joins Exchanges Preparing for Possible Fork
26.8.2022
The price of Ethereum’s native token ETH fell over the past 24 hours, while developers identified several bugs and traders started fearing the Merge could become a ‘sell the news’-type of event.
On Friday at 09:10 UTC, ETH was down by 2.8% for the past 24 hours to a price of USD 1,661. The drop...
Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report
25.8.2022
The Afghan central bank declared forex trading un-Islamic and illegal earlier this year, and issued a warning about continuing activities a month later; now arrests have been made
Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
25.8.2022
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped citing problems and scams
ETH whales move holdings onto exchanges before Merge
25.8.2022
The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
FDIC-FTX spat is another reason for investors to self-custody their funds
24.8.2022
Between the collapse of Celsius and the FDIC's warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges