Sat, June 27

Binance Eyes South Korean Market Via Acquisition of Gopax Exchange

On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due diligence on the purchase of Gopax and officially returned to the South Korean market. Among South Korea’s crypto exchanges, Gopax is a strong contender. According to a source with knowledge of the situation. The purchase announcement was

January 2, 2023 1 min read

Huobi Reportedly To Lay Off Staff Amid Prolonged Bear Market

According to Chinese journalist Colin Wu, popular cryptocurrency exchange Huobi will lay off a large chunk of its personnel and reduce the compensation of top employees. Reportedly, the business plans to lay off between 600 and 800 workers, down from its current headcount of 1,200, the report said. Furthermore, the

December 31, 2022 2 mins read

Philippines SEC Cautions Against Unregistered Crypto Exchanges

On Friday, the Securities and Exchange Commission (SEC) of the Philippines issued a notice against the use of unlicensed cryptocurrency exchanges. SEC strongly cautioned and recommended the public not interact with unregistered and unregulated cryptocurrency exchanges, That are accessible and presumed to be functioning in the Philippines, according to a

December 30, 2022 1 min read

Binance-Peg BUSD Stablecoin Now Supports the TRON Network

The Binance-Peg BUSD integration on the TRON network has been completed, the exchange stated recently. The Binance-Peg BUSD trading pair is now available for deposits and withdrawals on the TRON network. The BNB Chain, Avalanche, Polygon, and TRON networks are now all compatible with the BUSD stablecoin. Changpeng Zhao (CZ)

December 30, 2022 2 mins read

FTX Japan Plans To Repay Users in February of Next Year

In a statement released on Thursday, the Japanese branch of defunct cryptocurrency exchange FTX said it plans to begin repaying client holdings in February 2023. Liquid Japan is a cryptocurrency trading platform that was recently bought by FTX Trading Ltd in an undisclosed agreement, and FTX Japan has announced that

December 30, 2022 1 min read

Cathie Wood Led Ark Invest Yet Again Buys Coinbase Shares Amid Dip

Ark Invest, headed by Cathie Wood, continued its long-standing dip-buying strategy on Thursday by purchasing an additional 158,116 Coinbase shares (COIN). Based on COIN’s closing price of $34.78, the deal represents roughly $5.5 million in value. As per Ark’s daily trading information, the full purchase went toward the ARK Fintech

December 30, 2022 1 min read

Binance CEO CZ Publishes Blog Post on Events of 2022

Binance has gone a long way since its launch in 2017. By weathering the storm of the bear market and other turbulence, Binance has shown itself to be among the most durable of the bunch. The whole cryptocurrency industry had a rough 2022. The industry has seen it all, from

December 30, 2022 1 min read

Binance Adds Apple Pay & Google Payment Options to Buy Cryptocurrency

The largest cryptocurrency exchange in the world Binance has set forth to provide users with various options for buying cryptocurrencies. The platform has updated Binance Build to offer users to purchase cryptos using both Apple Pay and Google Pay.  The Binance action is a significant step toward enhancing the service’s

December 30, 2022 2 mins read

3Commas Finally Accepts Responsibility of API Leak

Last week, a group of investors claimed that $22 million in cryptocurrency had been taken from the trading platform 3Commas due to a breach in the company’s API credentials. Wednesday, 3Commas disclosed that it was responsible for the API vulnerability. The news broke when an unknown Twitter user leaked almost

December 29, 2022 2 mins read