Mon, May 4

Staked ETH Withdrawal on Binance To Commence From April 19

Users who staked ether (ETH) on Binance may now redeem their coins using their BETH holdings at a 1:1 ratio beginning on April 19 at 08:00 UTC, the exchange stated on Thursday. The Shapella hard fork, also known as the Shanghai upgrade, was executed on the Ethereum blockchain recently, allowing

April 13, 2023 1 min read

Defunct FTX Planning Relaunch in Q2, Recovers $7.3 Billion

FTX, a defunct cryptocurrency exchange, has recouped nearly $7.3 billion in cash and digital assets. In addition, the company’s counsel during a recent bankruptcy court hearing said the sum recovered is more than $800 million since January. According to Reuters, things are looking up for the faltering exchange during the

April 13, 2023 1 min read

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
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