Tue, January 20

Robinhood Q1 2023 Reports Decline in Crypto Transaction Revenue

Robinhood, the stock and crypto trading platform, released its Q1 2023 results on May 10. The trading platform stated that its cryptocurrency transaction revenue declined by over 1% and reached $38 million. At the same time, overall transaction revenue has increased by 11%. Moreover, the platform also increased its assets

May 11, 2023 1 min read

Binance Oversights Relocation to UK, says Patrick Hillman

Today, Binance has declared its crypto focus on the United Kingdom (UK) than on the United States (US) since it has become harder to tackle the Biden administration. The chief strategy officer of Binance, Patrick Hillman commented that the last 6 months have been confusingly hectic for the US businesses,

May 10, 2023 2 mins read

Binance Announces Support for Upcoming GALA V2 Airdrop

Token holders in the Gala Games ecosystem will shortly get new $GALA V2 tokens in exchange for their existing $GALA at a rate of 1:1. Despite Coinbase’s decision to avoid the $Gala (GALA) contract swap, the biggest cryptocurrency exchange in the world, Binance, has opted to support the airdrop. On

May 10, 2023 1 min read

Binance To Oversee “Crypto Performance” Before Delisting Tokens

Binance, the largest crypto exchange in the world, will oversee the performance of  “no-progress projects” (high-volatility digital tokens) before directly delisting them.  Today, Binance CEO Changpeng Zhao, CZ, tweeted that the exchange will move the no-progress cryptocurrencies to Innovation Zone and monitor the performance of the token. Binance may delist

May 10, 2023 2 mins read

Bybit’s Diverse Product Launch Attracts 50% More Users, Reaching 15 Million

Bybit, one of the world’s largest cryptocurrency exchanges, doubled its user count within two quarters. From 10 million users in Q3 of 2022, the exchange jumped to 15 million users in May 2023. This 50% growth is estimated to be due to the introduction of various divergent and user-engaging products

May 10, 2023 2 mins read

MaskEX Receives Highly Acclaimed Initial Approval From Dubai’s VARA

The Virtual Asset Regulatory Authority (VARA) of Dubai has given the next-generation cryptocurrency exchange MaskEX initial approval to start making plans to launch in the United Arab Emirates (UAE). The approval is a significant step for MaskEX, which has been working hard to increase its footprint in the Middle East and spread awareness

May 9, 2023 2 mins read

Binance NFT Marketplace Will Soon Offer Bitcoin Ordinal NFTs

In a bid to enter the booming Bitcoin-based market, Binance, the most popular cryptocurrency exchange by trading volume, announced today that it will support Ordinals inscriptions (Bitcoin NFTs) on its NFT marketplace, “Binance NFT,” later this month. According to the report, in a few weeks, Bitcoin will be rolled out

May 9, 2023 1 min read

Crypto Exchange OKX Plans to Launch New Office in Turkey

OKX, one of the most prominent cryptocurrency exchanges, plans to launch office in Turkey within the next few months. OKX has already begun making preparations for its forthcoming growth. By having enabled Turkish Lira (TRY) deposits and withdrawals in March of this year. When a severe earthquake struck the country

May 9, 2023 1 min read

Binance.US Withdraws All Staking Pools and Move Funds to Cold Storage

According to the director of Coinbase, the main staking wallet for BinanceUS has withdrawn from all staking pools (includes $150M of ETH, $2.5M of MATIC, and assets like SKL and T) and sent all funds back to cold storage.  Coinbase director Conor included a screenshot and a link to the

May 9, 2023 2 mins read

Bittrex Files for Chapter 11 Bankruptcy After SEC Legal Battle

The Bittrex Crypto Exchange officially filed for bankruptcy. This occurs just over a month after the Security Exchange Commission (SEC) charged Bittrex with repeatedly breaking security regulations.  In a filing submitted on May 8 to the United States Bankruptcy Court for the District of Delaware, Bittrex reported that it has

May 9, 2023 1 min read
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