Fri, November 21

Coinbase Stock Surged Over 24% Following Fed Interest Rate Hike

Today the U.S based cryptocurrency exchange Coinbase (COIN) shares soared by more than 24%, despite the Federal Reserve’s most recent hike in interest rates and statements from Fed Chair Jerome Powell about the Fed’s efforts in battling the high rate of inflation.  Further, on Wednesday, a U.S. judge dismissed the

February 3, 2023 2 mins read

Prominent Crypto Exchange Kraken Exits Abu Dhabi After Japan

The Abu Dhabi office of Kraken, a renowned cryptocurrency exchange, has shuttered less than a year after being granted a local license. More than a third of the company’s workforce will be laid off as a result of this reduction. In a move that affected around eight positions, Kraken laid

February 3, 2023 1 min read

Government-backed Crypto Exchange to Debut by June 2023 in Indonesia

Post the FTX fiasco, regulators and authorities around the world are cautious about crypto exchanges. Indonesia, one of several nations rapidly adopting cryptocurrencies, wants to build the world’s first government-backed crypto exchange by June 2023 at the earliest. The Ministry of Trade of Indonesia had planned to debut the market

February 2, 2023 2 mins read

Bone ShibaSwap (BONE) Now Available on Bitget

Bone ShibaSwap (BONE), the governance token for Shiba Inus, has been listed in an innovation zone, according to a Feb. 1 release from Singapore’s Crypto Derivative Exchange Bitget. Additionally, they said that the withdrawals will begin on February 3 and that it would go live on February 2. On the

February 2, 2023 2 mins read

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
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