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A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
18.8.2022
AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors
Crypto.com Gets Regulatory Approval from the FCA in the UK
18.8.2022
Crypto.com has received registration approval from the UK Financial Conduct Authority, also known as FCA. It will now continue its operations in the region by offering its products and services to customers in the United Kingdom. All the products and services will now comply with local regulations....
3 strategies investors might use to trade the upcoming Ethereum Merge
17.8.2022
Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider
Another crypto CEO steps down as Genesis Trading restructures leadership
17.8.2022
Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions
Binance assures users after 3rd-party glitch briefly halted withdrawals
17.8.2022
The exchange cited technical issues as the reasons for halting withdrawals across multiple networks earlier this morning
KuCoin Exchange Takes hiENS4 Live On Its Platform
17.8.2022
KuCoin has taken a new NFT ETF – hiENS4 – live on its exchange platform. It is powered by the Fracton Protocol, and the new trading pair – HIENS4/USDT – will now be supported by KuCoin. hiENS4, an ERC-20 token, can be traded from August 18, 2022, 10:00 (UTC). Deposits...
Coinbase will 'briefly pause' ETH and ERC-20 token deposits and withdrawals during Ethereum Merge
16.8.2022
The crypto exchange also warned users against scammers offering ETH2 tokens, saying users did not need to take additional action to receive staked ETH prior to the Merge
Huobi Global suspends derivative trading in New Zealand
16.8.2022
Huobi Global claims compliance with local regulations as its reason for excluding New Zealand from its list of countries in which it operates derivatives trading
USDT market cap up by $2 billion following Tornado Cash debacle
16.8.2022
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash
Binance Receives Preliminary Authorization from AFSA in Kazakhstan
16.8.2022
The Astana Financial Services Authority (AFSA) has granted Binance In-Principle Authorization to run a Digital Asset Trading System and Supplier of Possession in the Astana International Financial Centre (AIFC). The Astana Financial Services Authority is now the first controller in Kazakhstan...
Exit stage left — Eqonex to close crypto exchange after two years
15.8.2022
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom
Binance obtains in-principle approval to operate in Kazakhstan
15.8.2022
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai
Zipmex gets 3 month protection in Singapore amid halted withdrawals
15.8.2022
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence
14.8.2022
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
Indian authorities freeze more crypto funds over money laundering allegations
12.8.2022
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country
FTX partners with Paradigm for 'one-click' futures spread trading
12.8.2022
The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies
Binance to Support the Monero Network Upgrade and Hard Fork
12.8.2022
Binance recently announced support for the upcoming XMR (Monero) hard fork and network upgrade. The upgrade will occur when the XMR network reaches a block height of 2,688,888. According to the estimates, it will be reached by 13th August 2022. After reaching the block height, Monero will stop...
Brazilian payment app PicPay launches crypto exchange with Paxos
12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
12.8.2022
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee....