Sun, February 9

Crypto Exchange Binance Partners With Kazakhstan Airline Air Astana

Binance, the biggest cryptocurrency trading platform by volume, has partnered with Air Astana, the major airline in Kazakhstan. Users may now exchange their travel points for a selection of cryptocurrencies thanks to the partnership. In a press statement released today, Air Astana initially broke the news of the joint endeavor.

February 2, 2023 2 mins read

Crypto Lender Celsius Revealed Eligible Users List to Withdraw Assets

The bankruptcy cryptocurrency lender Celsius Network announced that some customers of the custody program from the insolvent crypto lender would be able to withdraw 94% of their eligible assets.  Since June 2022, when the Celsius Network halted withdrawals, the crypto lending company created a withdrawal procedure for users who holds

February 1, 2023 1 min read

Coinbase Wallet Increases Transparency and Security Via New Features

Coinbase has announced that it is updating the Wallet app to enhance security and usability. On Monday, the cryptocurrency exchange announced a number of new features for its Wallet users. That aim to increase blockchain transparency and security. These include transaction previews, token approval alerts, a blocklist of flagged dApps,

January 31, 2023 1 min read

FTX Urges Court to Exclude Turkish Subsidiary From Bankruptcy Proceedings

Since court decisions from U.S. courts do not have a legal or practical impact in Turkey, the defunct FTX cryptocurrency exchange has asked the bankruptcy court in Delaware to exclude its Turkish subsidiaries from the case. In its Friday filing, FTX also claimed that it has “no reason to believe

January 30, 2023 2 mins read

Binance and Mastercard Join Forces To Offer Binance Crypto Card in Brazil

Monday saw the announcement that Mastercard and Binance will be releasing a prepaid card in Brazil, Latin America’s economic powerhouse. According to the announcement, after Argentina, Brazil will soon get access to the so-called Binance Card. It is now under beta testing and will likely roll out to the public

January 30, 2023 2 mins read

Shiba Inu Burn Rate Spikes Over 860% in a Day    

While the ‘SHIB Army’ anticipated the layer 2 blockchain “Shibarium” launch, the Shiba Inu burn rate skyrocketed 860%. The Shiba community actively tries to increase the token value by the burning mechanism, which is to remove SHIB from circulation. According to the SHIB burn tracker Shibburn, over 22 million SHIB

January 30, 2023 2 mins read

Australian Financial Watchdog Raised Concerns Months Before FTX Fall

As early as August, eight months before the exchange’s tragic demise in November, the Australian financial authorities apparently voiced worries about FTX’s local Australian affiliate. Guardian Australia has received documents showing that the Australian Securities and Investments Commission (ASIC) was worried about FTX Australia’s operations after it was granted a

January 30, 2023 1 min read

SBF’s Lawyer Pleaded U.S Judge Not to Restrict Contacts

Following Federal Prosecutors asked U.S. district judge Lewis Kaplan to modify the terms of the Sam Bankman-Fried bond agreement. SBF’s lawyer pleaded U.S. judge not to restrict the cryptocurrency exchange FTX executive’s ability to contact former colleagues as a condition of his release on bail.  According to a 27th January

January 30, 2023 2 mins read

Binance Burns 16M BNB Tokens Converting ERC20 to Native BEP2

On Sunday, Binance CEO Changpeng Zhao (CZ) said that the Binance team has burned more than 16 million BNB (ERC-20) tokens. Binance, a cryptocurrency exchange, is transitioning from the ERC20 token version of BNB to the native BEP2 token version following the BNB blockchain’s debut. In only 24 hours, the

January 29, 2023 2 mins read

FEC Filings Reveal Rep George Santos Received Max Donations From FTX

The crypto sector is still feeling the after-effects of the FTX fiasco with several firms laying off staff trying to cut down expenses. One of the greatest scams in history has allowed the SEC to take a stringent approach toward the crypto sector. Now according to FEC documents, many high-ranking

January 29, 2023 1 min read