Tue, December 23

Kraken Forced to Pull Ethereum Staking Amid U.S. SEC Pressure

Kraken, the US-based crypto exchange, has started withdrawing all staked Ethereum (ETH) amid US Securities and Exchange Commission (SEC) pressure. The exchange started the procedure to withdraw all staked ETH associated with its users in the U.S. ahead of the Ethereum Shapella upgrade, which is scheduled for April 12 at

April 13, 2023 1 min read

Gemini Eyes Canadian Expansion as it Files Pre-Registration with OSC

Tyler Winklevoss, the co-founder of the cryptocurrency exchange platform Gemini, recently announced on Twitter that the company is taking important steps to obtain a license to operate in Canada. The US-based crypto exchange is actively pursuing regulatory approval to expand its services into the Canadian market. .@Gemini is taking key

April 12, 2023 2 mins read

Coinbase Awarded $47,000 in Damages After Winning Insider Trading Case

It was announced on April 11 after Nikhil Wahi had pleaded guilty in a Manhattan court, that Coinbase had been awarded about $470,000 in damages. A crypto trader in this instance followed the advice given to him by his brother. The latter was employed by Coinbase Global. U.S. District Judge

April 12, 2023 2 mins read

Coinbase To List FLR Tokens; Will XRP, be the Next?

Considering the CoinMarketCap, Flare is substantially surging in price to $0.0365 at a 5.51% increase in rate. The trading volume corresponds to $35,234,561 in the last 24 hours with a 0.04% market dominance. Meanwhile, Coinbase opts to announce the FLR trading launch by starting the FLR token distributions for the

April 12, 2023 2 mins read

Gemini Founders Inject $100 Million To Revive Struggling Crypto Exchange

Now that Gemini Trust Co.’s wealthy founders, Tyler and Cameron Winklevoss, have invested their own money in the struggling cryptocurrency exchange, users have reason to be optimistic. As a result of the year-long bear market for cryptocurrencies, Gemini has had to deal with a number of setbacks and regulatory obstacles.

April 11, 2023 1 min read

Binance Partners With Africa’s Video Streaming Platform ‘Showmax’

In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel

April 10, 2023 2 mins read

CZ Clears Binance of Terraport Hack, Funds Traced to MEXC and KuCoin

Following a thorough review of the transactions related to the recent hack, it has been discovered that none of the stolen funds were deposited into Binance. However, CZ Changpeng Zhao said on Twitter that it had been found that a portion of the hacked funds was deposited into MEXC and

April 10, 2023 2 mins read

South Korean Centralized Crypto Exchange GDAC Reports $13.9 Million Hack

The GDAC cryptocurrency exchange in South Korea was hacked for around $13.9 million. According to an April 10 release from GDAC CEO Han Seunghwan, the exchange has paused all deposits and withdrawals while it performs emergency system work in reaction to the assault. The notification claims that the attacker got

April 10, 2023 1 min read

Will Binance Choose To Disclose Ownership To Avoid Another FTX Chaos?

In the wake of the FTX’s fall, most regulators and lawmakers worldwide are tightening their regulatory stance towards the crypto industry. Specifically, the US regulators — SEC, and CFTC – pulled in major crypto exchanges including Binance, Coinbase, and Kraken under their keen regulatory radar. Binance, the largest cryptocurrency exchange,

April 10, 2023 3 mins read

Justin Sun Led Huobi Global Records $30 Million Profit in Q1 2023

Tron founder and Huobi Global adviser Justin Sun said Monday that the company made $30 million in the first quarter. This development coincides with Justin Sun’s intention to apply for a Hong Kong license as a virtual asset service provider for Huobi. On April 10th, Justin Sun tweeted that Huobi

April 10, 2023 1 min read
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