Sun, July 6

Binance Announces Opening of Local Office in Romania

Changpeng Zhao (CZ), CEO of Binance, the largest cryptocurrency exchange in the world, announced the opening of a local office in Bucharest, Romania, while on a tour of Eastern European countries. In addition, beginning in the month of October, the trading platform’s customer assistance will be available in Romanian. The

September 25, 2022 2 mins read

Canada-based Coinsquare Acquires CoinSmart Exchange

Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with authorities. Justin Hartzman co-founded CoinSmart and has served as its CEO. After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying. Thursday, Coinsquare

September 24, 2022 2 mins read

Veritaseum Capital Sues Coinbase for Patent Infringement

Veritaseum is demanding $350 million from Coinbase. The Federal court in Delaware received the case filing. According to Reuters, Veritaseum Capital LLC is suing Coinbase for patent infringement related to its cryptocurrency transfer system. According to the complaint, a number of Coinbase services violate earlier blockchain patents.  In 2019, Veritaseum’s

September 24, 2022 1 min read

Coinbase Receives Registration Approval From Dutch Central Bank

Coinbase becomes the first major exchange to receive DNB registration approval. The platform will be able to offer a full range of crypto products to customers in the Netherlands. The prominent cryptocurrency exchange platform, Coinbase, is enlarging its services across Europe. According to the recent announcement from Coinbase, the firm

September 24, 2022 2 mins read

Binance Gets Key Advisors for New Global Advisory Board

Former Obama campaign manager and senior advisor David Plouffe is now onboard. The board is chaired by the former senator and ambassador to China, Max Baucus. Binance, the largest cryptocurrency exchange in terms of trading volume, has formed a Global Advisory Board comprised of industry leaders who will provide counsel

September 23, 2022 2 mins read

Celsius to Create Tradable Wrapped Tokens

The wrapped tokens will be redeemable by Celsius customers for a particular ratio. In July, Celsius sought Chapter 11 bankruptcy protection. A new record has surfaced of Celsius Co-Founder Nuke Goldstein discussing a plan to use crypto-based solutions to repay Earn customers and restore the company’s fortunes.  Celsius consumer and

September 23, 2022 2 mins read

Crypto.com Announces Support For LUNC 1.2% Tax Burn

As a means of decreasing supply, the LUNC plans to use the Tax Burn strategy. The approved plan will take effect at the block height of 9,475,200. Perhaps the worst cryptocurrency crash ever occurred in May 2022, when the Terra-collapse LUNC occurred. Along with LUNC, Terra’s another native token, USTC,

September 23, 2022 2 mins read

FTX Exchange Reportedly Plans To Raise $1 Billion Capital

At the time of Voyager’s financial difficulties, SBF offered assistance. FTX announced earlier that it will purchase a 30% stake in SkyBridge Capital. This year, Sam Bankman-(SBF) Fried’s FTX has emerged as a leading exchange. The exchange seems to have stepped it up a notch with this round of investment

September 22, 2022 1 min read

Kraken CEO and Co-founder Jesse Powell Steps Down

The exchange’s COO, Dave Ripley, has been promoted to CEO, replacing Powell. Kraken was established in 2011 and has its headquarters in San Francisco. According to the company, Jesse Powell, co-founder and CEO of cryptocurrency exchange Kraken, has left his position. Moreover, the exchange’s COO, Dave Ripley, has been promoted

September 22, 2022 2 mins read

Binance Led $22M Worth Jumbled Transactions in Confusion?

Binance platform offered users $20 million in cryptocurrency by mistake. Binance has mixed up the two tokens HNT and Mobile into one token. The Binance platform offered users $20 million in cryptocurrency by mistake. The company has muddled up two tokens connected to the same project due to an error.

September 22, 2022 2 mins read
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