Bitget is revising its KYC procedures for customers to conform to international regulatory standards. The exchange claims that additional KYC procedures are being implemented to safeguard customers’ interests. Also, foster a safe ecosystem for the trading of cryptocurrencies, and meet the criteria of regulatory bodies throughout the world. Beginning in
August 21, 2023 1 min read
A crypto whale who had been sitting on $41 million worth of Ethereum (ETH) sold it out only days before the market plummeted, saving a possible $5 million loss. Blockchain research platform Lookonchain highlighted the transaction. The crypto whale made a deposit of 22,341 ETH to the crypto exchange Binance
August 18, 2023 1 min read
A US judge has approved the SEC’s request to work with the South Korean government in its investigation of the alleged illegal scheme involving Daniel Shin, co-founder of Terraform Labs, and Chai Corp, a payments firm. As part of its investigation against Terraform Labs and its ex-CEO, Do Kwon, the
August 18, 2023 2 mins read
Stocks in the United States unexpectedly fell at the market close, with the technology-focused Nasdaq Composite leading the decline. The release of the Fed’s July meeting minutes affected market sentiment because they highlighted a rising worry among top officials about “upside inflation risks.” Fear of further interest rate rise dampened investor optimism on
August 17, 2023 2 mins read
Dexalot, a central limit order book (CLOB) decentralized exchange (DEX) based on an Avalanche Subnet, will receive up to $3 million in AVAX tokens from the Avalanche Foundation. The incentives are provided by Avalanche Multiverse, a comprehensive initiative supporting the development and adoption of the Avalanche Subnet. In February, Dexalot’s
August 17, 2023 3 mins read
Ledger, a crypto wallet provider, has announced a new on-ramp solution in partnership with PayPal. Bitcoin, Ethereum, Bitcoin Cash, and Litecoin may now be purchased using a PayPal account by Ledger Wallet owners. These purchases will be credited immediately to their Ledger wallets, skipping any intermediate accounts. Users who have
August 16, 2023 1 min read
Online payment giant PayPal is making changes to its platform in the UK so that it is in line with local financial legislation. In order to comply with new rules, PayPal notified on August 16 that it is temporarily halting the capacity for its U.K. clients to acquire cryptocurrencies. A
August 16, 2023 2 mins read
After the highly-anticipated debut of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF, Europe will finally have its first spot Bitcoin exchange-traded fund (ETF). More than a year after its initial debut date of 2022, the London-based digital asset management business said on August 15 that its new investment product
August 15, 2023 2 mins read
The sudden surge from multi-month lows in the $25,000 range to fresh annual highs above $32,000 in BTC prices was sparked by the influx of new spot Bitcoin ETF applications from respectable financial institutions in June. However, according to statistics provided by The Block, Bitcoin’s annualized 30-day price volatility is
August 15, 2023 2 mins read
A total of 332,000,000 SAND tokens, or around 16% of the total circulating supply of the digital asset, have been unlocked by The Sandbox. At the moment of unlock, the tokens were valued at around $133 million. Token Unlocks, a tracker that keeps tabs on vesting schedules, reports that 71M
August 14, 2023 2 mins read
