Fri, October 9

Arthur Hayes Takes Dig at 3AC and CoinFLEX Founders Over GTX Funding

BitMEX founder Arthur Hayes said on Saturday that the founders of Three Arrows Capital, Kyle Davies and Zhu Su, and CoinFLEX, Mark Lamb and Sudhu Arumugam, have successfully secured funding for their new cryptocurrency exchange GTX. By the end of February, the exchange’s founders want to have marketed themselves, as

February 4, 2023 2 mins read

Binance Re-enters South Korea After Acquiring Crypto Exchange GOPAX

Binance has purchased a controlling stake in the cryptocurrency exchange GOPAX in South Korea. The purchase was made possible by the “Industry Recovery Initiative,” an initiative spearheaded by Binance. By purchasing GOPAX, one of the top five crypto exchanges in South Korea, Binance is making a comeback to the country’s

February 3, 2023 2 mins read

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