Sun, October 4

DBS Bank Reports 80% Surge in Bitcoin Trading Volume in 2022

Bitcoin trading on DBS Digital Exchange (DDEx), the cryptocurrency exchange arm of Singapore’s DBS Group Holdings, increased exponentially in 2022 despite the winter’s wipeout of billions of dollars in market value. Bloomberg claims that Bitcoin trading volume on the exchange increased by 80% year over year. Bitcoins held in DDEx’s

February 16, 2023 2 mins read

Crypto Exchange CEX.IO Receives Notice by FDIC Over Insurance Claims

Executives of cryptocurrency exchange CEX.IO have received a letter from the United States Federal Deposit Insurance Corporation (FDIC). Notifying them that they may have broken federal law by making false and misleading claims regarding the exchange’s insurance status. The regulatory body has given the exchange 15 days to make the

February 16, 2023 2 mins read

Celsius Network Picks NovaWulf Offer to Escape From Bankruptcy

Crypto lender Celsius Network has been seeking all options to increase the value of its assets and restructure its business since filing for Chapter 11 Bankruptcy on July 2023. Today the cryptocurrency lender announced that it agreed to partner with asset management NovaWulf Digital Management to recover from bankruptcy. Celsius

February 16, 2023 2 mins read

Hong Kong to Legalize Cryptocurrency Trading for Citizens

According to reports, on June 1st, 2023, Hong Kong will officially make cryptocurrency purchasing, selling, and trading entirely legal for all of its residents. In Hong Kong, Interactive Brokers (IBKR) has started working with cryptocurrency exchange OSL Digital Securities. This is to provide cryptocurrency trading to professional investors.  The objective

February 16, 2023 2 mins read

The Matrix Star Keanu Reeves Praises Cryptocurrencies and NFTs

Keanu Reeves, actor of “The Matrix,” has reportedly become a crypto lover. Praising cryptocurrencies as wonderful means for exchanges and distribution of resources. While promoting his new film “John Wick 4” with Wired, Keanu Reeves praised cryptocurrencies. Reeves stated: “I think the principle, the ideas behind an independent currency are

February 15, 2023 1 min read

Ark Invest’s Cathie Wood Continues Coinbase Stock Buying Spree

Despite regulatory uncertainties in the crypto industry, Ark Invest CEO Cathie Wood continues to acquire equities of cryptocurrency exchange Coinbase at cheap prices. As Coinbase’s share price fell below $58 on February 14, investment firm Ark Invest bought 14,636 shares of Coinbase (COIN). According to the records, Ark Invest, run

February 15, 2023 1 min read

Fantom Whale Addresses Are Dumping – Will FTM Price Rise?

Investors should be wary of the sudden surge in FTM prices, as large Fantom whale addresses have been identified to be selling off their holdings. This is a cause for concern, as whales are often influential players in the cryptocurrency market and their actions can often have an effect on

February 15, 2023 2 mins read

Interactive Brokers Now Offers Crypto Trading in Hong Kong

On Monday, crypto trading was made available in Hong Kong via Interactive Brokers, an automated worldwide electronic broker. Bitcoin (BTC) and Ethereum (ETH) trading are now available to professional investors on the Interactive Brokers platform, according to a press release. In order to be considered a Professional Investor in the

February 15, 2023 1 min read

zkEVM Mainnet Launch by Polygon All Set For March 27 Release

Polygon (MATIC), one of the most prominent scaling initiatives on Ethereum, is preparing to launch a mainnet version of its new Layer-2 scaling solution, zkEVM, on March 27. For this reason, zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer. This will facilitate safer, more convenient,

February 15, 2023 1 min read

LidoDAO Exploring Options to Manage ETH in Treasury

Lido, the liquidity staking protocol for Proof-of-Stake (PoS) blockchains has published a new proposal for Treasury choices. Lido holds more than $8 billion in staking and the number of Ethereum (ETH) tokens is valued at around $7.9 billion. The number of stakers on the network is approximately 275 K. The

February 15, 2023 2 mins read