Futures contracts for oil and gold on a retail scale will soon be available on Coinbase Derivatives. Moreover, the exchange said on Tuesday that the new product would be available beginning June 3rd. The firm stated: “While crypto derivatives remain at the core of our business, we’re excited to announce
May 22, 2024 2 mins read
Since this week is when the decision on the spot Ethereum ETF will be made, let’s take a look at what the week ahead may bring in terms of possible outcomes. Both the 19b-4s (changes to exchange rules) and the S-1s (registration statements) must be approved before spot Ethereum ETFs
May 20, 2024 2 mins read
LayerZero Labs, the firm behind blockchain interoperability protocol LayerZero are attempting to prevent users from engaging in what is known as “Sybil activity,” in which they use multiple wallets to unfairly claim airdrop rewards, with their first airdrop in an effort to set a precedent for transparency and fairness. No
May 20, 2024 2 mins read
For the years 2024–2025, the UK’s Financial Conduct Authority (FCA) has outlined its primary objectives. Improving the regulator’s ability to detect and punish instances of market abuse is a priority. It also intends to establish regulations for the market misuse of crypto assets and associated services. Market integrity and the
March 20, 2024 1 min read
Genesis Global Capital has opted to settle with the U.S SEC and agreed to pay $21 million to resolve the accusations over the Gemini Earn program. This is a historic milestone in the action launched by the SEC against Genesis and Gemini. Genesis Global Capital has consented to pay a
March 19, 2024 2 mins read
OKX is reportedly gradually removing tether (USDT) trading pairs from the EEA as the EU gets ready to implement a thorough framework for cryptocurrency regulation. An email from OKX to a trader in Europe states that the cryptocurrency exchange is stopping support for USDT trading pairs. Delisting will take place
March 18, 2024 2 mins read
In order to be eligible for $3 billion in bailout money, the International Monetary Fund (IMF) has mandated that the Federal Board of Revenue (FBR) of Pakistan impose a Capital Gains Tax (CGT) on investments in cryptocurrencies. The IMF suggested that Pakistan’s FBR tax cryptocurrency capital gains during the review
March 18, 2024 2 mins read
The developers behind the decentralized exchange PancakeSwap announced on March 15 that the coding and white paper for version four were published. Users may expect gas fee reductions and protection from temporary loss for liquidity providers (LPs) with the new version’s support for flash accounting and bespoke liquidity pools. An
March 15, 2024 1 min read
Crypto industry heavyweight MicroStrategy led by Michael Saylor has now announced plans to raise an astounding $525 million via the issuance of convertible senior notes. This strategic decision comes only weeks after the firm attempted to increase the sale of its notes to $700 million. This massive boost demonstrates MicroStrategy’s
March 15, 2024 2 mins read
As of March 14, the cryptocurrency exchange Bybit was added to the warning list maintained by Hong Kong’s Securities & Futures Commission (SFC). The regulator mentioned: “The Securities and Futures Commission (SFC) today warns the public of an unlicensed virtual asset trading platform (VATP) known as Bybit, which offers trading
March 15, 2024 2 mins read
