Sat, February 8

Binance Introduces Fixed Rate Loans for Stable, Predictable Returns with Stablecoins

Binance, the global blockchain ecosystem that powers the world’s biggest cryptocurrency exchange by trading volume and users, has announced the launch of Binance Fixed Rate Loans. With over-collateralization for further security, this new offering enables users to safely borrow and lend stablecoins with customizable fixed interest rates for a selected duration. In

September 25, 2024 2 mins read

Bybit Launches First Shariah-Compliant Crypto Islamic Account

In a notable move, crypto exchange platform Bybit has launched the world’s first Shariah-compliant Islamic account, catering to the growing demand for halal financial products in the cryptocurrency space. This innovative account offers services that align with Islamic financial principles, ensuring that users can trade digital assets without engaging in

September 24, 2024 2 mins read

Coinbase Introduces cbBTC Integration with Solana at Breakpoint 2024

Hassan Ahmed, Country Director of Coinbase, announced at Solana Breakpoint 2024 held on September 20-21 in Singapore, that Coinbase plans to introduce its native cbBTC token to the Solana blockchain. This announcement has sparked excitement among crypto investors, as it signals a strategic expansion for the cbBTC token. Originally launched

September 21, 2024 2 mins read

BingX Restores Withdrawals for Major Stolen Assets

BingX, a prominent Singapore-based cryptocurrency exchange, has resumed withdrawal services for digital assets following a hack that resulted in $52 million in losses. Reportedly, the estimated initial loss of the security breach was $43 million. In an official X post on September 20, Chief Product Officer of BingX, Vivien Lin,

September 21, 2024 1 min read

Bybit Leads the Way with Successful Catizen ($CATI) Listing and Airdrop Distribution

Catizen ($CATI) has successfully been listed on Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. The listing went live today at 10 AM Dubai time. Bybit’s remarkable dependability and leadership in the digital asset space are further shown by the fact that it is the first exchange

September 20, 2024 1 min read

BingX Suffers Crypto Attack Losing Funds Estimated Over $43M

Singapore-based cryptocurrency exchange BingX reported a hack in the Asian morning hours of September 20. H2 2024 has seen increasing reports of cryptocurrency hacks to various institutions. While WazirX remains the major scam narrative this year, other firms have also reported hacks.  According to BingX Chief Product Officer Vivian Lin’s 

September 20, 2024 2 mins read

US SEC Settles with Rari Capital Over Misleading Investors

On Wednesday, the U.S. Securities and Exchange Commission (SEC) announced a settlement with Rari Capital, a decentralized finance (DeFi) protocol, along with its co-founders, over allegations of “misleading investors and engaging in unregistered brokerage activities.” In a recent announcement, the SEC stated that Rari Capital’s Earn and Fuse pools operated

September 19, 2024 2 mins read

Bitget Exchange Surpasses 45 Million Users Globally

Bitget exchange has reached a new milestone, surpassing 45 million users worldwide, CEO Gracy Chen announced at its sixth-anniversary celebration in Singapore. This achievement highlights the platform’s rapid growth. The platform experienced major user growth in regions like Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024. According

September 18, 2024 2 mins read

Coinbase Denies Claims of Issuing Bitcoin IOUs to BlackRock

Coinbase CEO Brian Armstrong and Industry experts swiftly dismissed allegations that the company was issuing Bitcoin IOUs to BlackRock, the issuer behind the largest spot Bitcoin ETF. Over the weekend, crypto analyst Tyler Durden accused Coinbase of allowing BlackRock to borrow Bitcoin without collateral, raising concerns over potential market manipulation

September 18, 2024 2 mins read

Binance Denies Involvement in WazirX Hack and Creditor Issues

Binance has issued a statement clarifying that it bears no responsibility for the financial issues at WazirX, following a $235,000 loss due to a cyber-attack on the platform in July 2024. The statement comes as rumors circulated about Binance’s involvement, which the company has labeled as “false and misleading.” In

September 17, 2024 2 mins read