Wed, November 27

What’s Happening in the US Markets with Crypto

The US Marshals Service (USMS) has taken a significant step by partnering with Coinbase Prime to oversee its large-cap digital assets. The USMS, responsible for asset forfeiture under the Department of Justice, will support Coinbase’s custody and advanced trading services through a $32.5 million contract. This collaboration highlights the growing

July 2, 2024 1 min read

Robinhood Acquires AI Investment Copilot Pluto to Enhance Investor Tools

The purchase of Pluto has been disclosed by Robinhood, a prominent player in the cryptocurrency market. Pluto is a revolutionary investment copilot powered by AI. In addition, the goal of this step is to improve the exchange’s products for individual investors by using powerful AI techniques. Therefore, consumers may now

July 1, 2024 2 mins read

Crypto Exchange BingX Expands Partnership with Football Club Chelsea

The crypto sector makes persistent efforts to bring cryptocurrency into the mainstream. Notably, one of the leading crypto exchanges, BingX, has announced an extension to its present partnership, transitioning to the ‘Official Training Wear partner’ the Chelsea Football Club’s men’s team. The exchange platform had initially been a sleeve partner

July 1, 2024 2 mins read

Kraken Co-Founder Jesse Powell Donates $1M in Crypto to Trump Campaign

Jesse Powell, Kraken’s co-founder and chairman, recently made headlines for a large personal contribution he made to the 2024 presidential campaign of former president Donald Trump. A major player in the cryptocurrency industry, Powell has donated $1 million to Trump’s campaign, mostly in Ethereum (ETH). In a recent social media

June 28, 2024 2 mins read

FTX Creditors Granted Voting on Liquidation Plan by U.S Court

Bankrupt cryptocurrency exchange FTX has asked a US court to let creditors vote on the best liquidation plan, and the judge has granted their request. Despite earlier objections stating a reduction in asset payments, creditors of the collapsed exchange will vote on a liquidation plan. A liquidation plan put out

June 25, 2024 2 mins read

South Korean Crypto Exchange Upbit to Launch BLAST This Week

South Korean crypto exchange Upbit announced the launch of BLAST trading pairs for Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Notably, the trading of BLAST, the governance token of L2 network Blast, on the platform is expected to start on Wednesday.  Upbit is one of the five fully licensed

June 24, 2024 1 min read

CoinShares Nets 116% Profit from FTX Claim Sale

CoinShares International, a prominent European digital asset investment company, has finalized the sale of its claim against the defunct FTX exchange. This sale is expected to yield a remarkable recovery rate of 116% after broker fees. This translates to a substantial return of approximately $39.78 million on a claim initially

June 24, 2024 1 min read

Binance Freezes $5.3M in Stolen Funds After $54M BtcTurk Hack

Following the latest hack on BtcTurk, Binance CEO Richard Teng has reiterated the exchange’s resolve to increase security and safeguard user funds. Binance has taken immediate action by freezing stolen assets that passed via its centralized exchange.  This shows that they are trying to help impacted users as much as

June 23, 2024 1 min read

Binance Completes Tether (USDT) Integration on TON Blockchain

Today, the world’s largest crypto exchange, Binance, announced that Tether (USDT) on the TON blockchain is now live on its platform. This integration allows users to engage in deposit and withdrawal operations using USDT on the TON network. USD₮ on @ton_blockchain is now live on @binance pic.twitter.com/tsYCxybDKx — Tether (@Tether_to)

June 21, 2024 1 min read

Crypto Exchange bitFlyer Reportedly Plans to Acquire FTX Japan

A key event is about to unfold as bitFlyer, a prominent Japanese crypto exchange, is slated to buy FTX Japan. Until today, details about the intention to acquire the local unit of the renowned but now insolvent FTX exchange remained undisclosed. Nonetheless, the arrangements for this transaction are nearing completion.

June 20, 2024 2 mins read