Sat, April 20

Kraken Acquires TradeStation Crypto, Boosting U.S. Regulatory Footprint

Kraken, a cryptocurrency exchange, has acquired TradeStation Crypto, boosting its regulatory license in the U.S. TradeStation Group, a division of Monex Group, has a digital assets subsidiary called TradeStation Crypto. The acquisition is a component of Kraken’s strategy to expand its footprint in the US, according to a company representative.

15 hours ago 1 min read

Binance Launches ‘Megadrop’ for Exclusive Access to Web3 Projects With Rewards

The world’s biggest cryptocurrency exchange by trading volume, Binance, the leading global blockchain ecosystem, announced the launch of ‘Megadrop’ today. Transparent incentives are offered to qualified participants on this groundbreaking token launch platform. Megadrop, which is now available on the global exchange, is a further demonstration of Binance’s commitment to leading the

April 18, 2024 2 mins read

Binance Reportedly Plans Return to Indian Market Post $2 Million Fine

Although the Indian government outright banned Binance earlier this year, the biggest cryptocurrency exchange in the world is getting ready to rejoin the Indian market. According to those familiar with the situation, Binance’s re-entry plan includes paying a fine of around $2 million. In order to demonstrate its dedication to

April 18, 2024 2 mins read

Crypto Exchange Binance Secures Full VASP License in Dubai

By securing the Virtual Asset Service Provider (VASP) license in Dubai, Binance Holdings Ltd. has accomplished a major milestone. This accomplishment showcases Binance’s dedication to successfully negotiating the complex regulatory environment while relentlessly expanding its worldwide footprint. To ensure compliance with legal requirements and to facilitate the effortless acquisition of

April 18, 2024 2 mins read

Kraken Unveils New Multi-Blockchain Self-Custodial Mobile Wallet

The Kraken Wallet is the latest addition to Kraken’s product range. Users are able to manage their digital assets on eight major blockchain networks—Dogecoin, Ethereum, Solana, Optimism, Base, Arbitrum, and Polygon—through this self-custodial mobile wallet. Users will have full control over their digital assets with this wallet, and they won’t

April 18, 2024 1 min read

Crypto Exchange Upbit Halts Deposits and Withdrawals of Over 1 Million Won

One of the biggest cryptocurrency exchanges in South Korea, Upbit, will halt any transactions involving digital assets worth more than 1 million won ($721). This is a reaction to recent developments at Ten&Ten, a local facilitator of deposits and withdrawals and a virtual asset service provider (VASP). Upbit announced the

April 17, 2024 1 min read

Bybit Report: Exchanges Hold Just 9 Months of Bitcoin Supply Pre-Halving

According to a recent report from Bybit, one of the top three cryptocurrency exchanges in the world based on volume, there are just nine months of Bitcoin supply remaining on exchanges. This is because there will soon be a 50% reduction in Bitcoin supply, due to the impending halving. Moreover, the

April 17, 2024 2 mins read

U.S Senators Demand Communication Logs Between CFTC Chair and Ex-FTX CEO

Two senators, Elizabeth Warren (D) and Chuck Grassley (R) have formally asked Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), for information. Sam Bankman-Fried (SBF), the former chief executive officer of the collapsed crypto exchange FTX, is at the focus of the demand. FTX went bankrupt in November

April 16, 2024 2 mins read

KuCoin’s Turkey X Account Hacked for Phishing Scam Promotion

An assault on KuCoin’s Turkey X account occurred on Saturday, April 13, making exchange seem like the latest victim of a cyber assault. The hackers then proceeded to utilize the KuCoin Turkey account on X to make further fraudulent announcements in an effort to deceive more people after the breach.

April 14, 2024 1 min read