Sun, February 2

Crypto Exchange Binance Burns 1.19B LUNC Tokens in 25th Burn Batch

After burning an additional 1.19 billion Terra Classic tokens, Binance’s LUNC burn totaled approximately $65 billion. In the midst of a wider crypto market selloff and discussions about validators violating chain rules, the price of Terra Classic token in spot and derivatives markets has not recovered this time. Binance, a

September 2, 2024 2 mins read

Nigerian Court Reschedules Trial of Detained Binance Executive

As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into

September 2, 2024 2 mins read

When Will WazirX Users Be Able to Access Their Funds?

Zettai Pte Ltd, the parent company of crypto exchange WazirX, held a town hall meeting today to address the ongoing restructuring process following a major $230 million (₹2000 crore) crypto hack. The company has announced that “it will take up to six months to complete this restructuring, during which users

September 2, 2024 2 mins read

FTX Faces SEC Objections Over Cryptocurrency Repayments

After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors.  The SEC’s latest filing suggests a “possible

September 2, 2024 2 mins read

Coinbase Achieves Milestone with First AI-to-AI Crypto Transaction

Coinbase CEO Brian Armstrong has marked a significant milestone in cryptocurrency and artificial intelligence integration. On August 30, Armstrong revealed via X that Coinbase has facilitated its first AI-to-AI cryptocurrency transaction. This breakthrough signifies a major advancement in the way AI interacts with digital currencies. Armstrong detailed the transaction process,

August 31, 2024 2 mins read

Binance Pay Adds Support for EURI Stablecoin on Its Platform

The cutting-edge, technologically advanced payments bank Banking Circle S.A. and Binance Pay, a leading cryptocurrency contactless payment technology, have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Since, EURI is now integrated into Binance Pay, users may deal with this stablecoin with ease, increasing

August 30, 2024 1 min read

Crypto.com Expands Global Retail Services Starting with UAE

Crypto.com, a Singapore-based cryptocurrency exchange has launched global retail services, initially targeting users in the UAE. This move allows retail customers to buy, sell, and trade over 250 Cryptocurrencies via the crypto.com App. Additionally, the app offers new real-time deposits and withdrawals in USD, EUR, and AED. This expansion is

August 29, 2024 2 mins read

HashKey Expands Retail Trading with New AVAX and LINK Pairs

HashKey, a licensed cryptocurrency exchange in Hong Kong, has announced the expansion of its asset offerings for retail investors. The exchange received approval to list Avalanche (AVAX) and Chainlink (LINK), allowing retail trading of these tokens in both Hong Kong dollars and US dollars. Previously, Hong Kong regulations only permitted

August 28, 2024 2 mins read

Crypto Payments App Slash To Debut Its SVL Token on Top-Tier Exchange Gate.io

Slash Vision Labs, the company behind one of Japan’s most popular crypto payments services, is looking to expand further into Asia by increasing access to its native SVL token.  Its strategy involves getting some of Asia’s most reputable exchange platforms to list the SVL token, so as to boost awareness

August 28, 2024 3 mins read

Celsius Distributes Over $2.5 Billion to Creditors Amid Bankruptcy

Celsius Network’s bankruptcy proceedings have concluded. Celsius’ bankruptcy administrator distributed over $2.53 billion to approximately 251,000 creditors. This distribution, representing roughly 93% of the total eligible value, was completed in both liquid cryptocurrency and cash, using valuation prices from January 16. However, despite the substantial progress, not all creditors have

August 27, 2024 2 mins read
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