Sun, February 2

FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange

In a legal filing made public on October 24th, the FTX bankruptcy estate announced a $228 million settlement with the Bybit exchange. The estate had first sued the exchange in 2023, attempting to recoup monies owed to creditors and former clients. The filing states that FTX will be able to

October 28, 2024 2 mins read

Bitstamp Secures MTF License, Eyes Crypto Derivatives Offerings in EU

After reviewing Bitstamp’s application, the Securities Market Agency in Slovenia granted the company a Multilateral Trading Facility (MTF) license. With this authorization, the exchange may provide its retail and institutional customers with more advanced financial products. Moreover, the license grants Bitstamp the ability to provide crypto derivatives products including perpetual

October 25, 2024 2 mins read

Binance Research Report Highlights Spot Crypto ETFs Trend and Domination

As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of

October 25, 2024 3 mins read

Binance Unveils Revamped Binance Connect for Seamless Fiat-to-Crypto Web3 Projects

Binance, the global blockchain ecosystem that is behind the world’s biggest crypto exchange in terms of trading volume and users, made an announcement today about the revamp of Binance Connect. The purpose of this overhaul is to deliver an innovative solution that is designed for Web3 projects and facilitates efficient transfers from fiat to

October 25, 2024 3 mins read

Binance Launches Simple Earn Campaign for LUMIA Token with Rewards up to 19.9% APR

RWA blockchain Lumia has announced that major cryptocurrency exchange Binance is launching an Earn campaign for LUMIA holders. Through staking on Binance, the endeavor will allow holders of the new LUMIA token to get extra rewards. On October 24 at 9:00 (UTC), the Binance Simple Earn program for LUMIA holders will

October 22, 2024 3 mins read

WazirX Founder Nischal Slams CoinSwitch Allegations as Baseless

Indian cryptocurrency exchange, WazirX, is back in the spotlight following accusations from CoinSwitch’s co-founder, Ashish Singhal, regarding the transfer of over $73 million in cryptocurrency to exchanges like Bybit and KuCoin. Singhal expressed concerns about WazirX’s financial stability, fuelling speculation over the exchange’s handling of user funds. However, WazirX’s co-founder,

October 22, 2024 2 mins read

Binance Launches Halloween Pumpkin Chase Campaign with Rewarding Challenges

In order to engage the community with entertaining challenges, rewarding experiences, and informative information, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world by trading volume and users, began the Halloween campaign today. Participants in the Binance Halloween Pumpkin Chase are invited to go on

October 22, 2024 2 mins read

What Binance’s $100T Volume Lead Means for the CEXs Future?

Binance, the world’s largest cryptocurrency exchange, has reached a significant milestone, with its cumulative spot and derivatives trading volume surpassing $100 trillion, according to data from CCData. OKX follows in second place with $24.9 trillion, while Bybit and Bitget rank third and fourth with $13.2 trillion and $10.9 trillion, respectively.

October 19, 2024 1 min read

Delhi High Court Seeks Clarification from ED and FIU on WazirX Hack

A Singapore court recently granted a four-month moratorium to Indian crypto exchange WazirX, giving the company time to restructure its operations without facing legal challenges. Meanwhile, on October 18, the Delhi High Court heard a petition from investor Jaivir Bains, who urged action against WazirX for merging funds after a

October 18, 2024 1 min read
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