Thu, September 11

Coinbase Diversifies Options with Polygon and Solana

Coinbase exchange launches the first crypto derivatives product that Nano Bitcoin features (BIT) on June 27. The worldwide volume of the crypto derivatives market is $3T. On Thursday, Coinbase American-based crypto exchange platform announced that it will allow users to send and receive cryptocurrency on a multiple-networks, starting with Polygon

June 24, 2022 2 mins read

CoinFLEX Exchange Pauses Withdrawal Citing Extreme Market Conditions

More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, has halted withdrawals, joining a growing number of companies that have done the same. CoinFLEX said today that it has

June 24, 2022 2 mins read

Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement

Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues mentioned in the OSC’s Statement of Allegations from June 21, 2021. Bybit contemplates various actions under the Settlement Agreement and the related Undertaking while participating in registration negotiations

June 23, 2022 2 mins read

KuCoin Fails to Comply With Ontario Regulator OSC, Faces Ban

Both Bybit and KuCoin, were found to violate securities laws. Charges of USD 2,000,000 and $96.5K have also been filed against KuCoin. KuCoin has been permanently barred from trading on the Ontario Stock Exchange (OSE) for violating securities laws. OSC announced the news in a press release issued not long

June 23, 2022 2 mins read

FTX Added New Trading Pairs For AVAX, MATIC & TRX

FTX partnered up with BlockFi to offer a new credit line  FTX offers trading opportunities for over 100 cryptocurrency trading pairs. FTX a Bahamas-based centralized cryptocurrency exchange added trading pairs for Avalanche (AVAX), Tron (TRX), and Polygon (MATIC).  The whole cryptocurrency market is facing a downtrend, it lost more than

June 23, 2022 1 min read

Binance.US Lures Traders by Waving Off Bitcoin Spot Trading Fee

The United States claims to have some of the lowest fees in the business.  A seed round valuing the firm at $4.5 billion was completed in April. According to Binance.US, all clients will no longer be charged fees while trading bitcoins on the spot market. Spot trading fees will no

June 22, 2022 2 mins read

Crypto.com Approved by Monetary Authority of Singapore

Crypto.com will provide services under the Payment Services Act. Crypto.com has more than a million users globally. Today Crypto.com announced that The Monetary Authority of Singapore (MAS) has given its Major Payment Institution License preliminary approval to Crypto.com. Crypto.com is the fastest-growing exchange platform that got Principle Authorization approval from

June 22, 2022 1 min read

Coinbase New Strategy Reduces Influencers PayOut

Payment for two social media influencers has been decreased by more than 90% Workforce cut off by 30% and salary for existing reduced around 50% Advertising in social media has become mainstream over the past decade. The boom in this business strategy has inculcated all sectors starting from entertainment to

June 22, 2022 1 min read

BTC Markets Got Financial Services License

ISO has certified BTC Markets for information security management. BTC Markets has become an authorized representative. BTC Markets, a cryptocurrency exchange operating in Australia has become the country’s first crypto firm to be issued a financial services license. JUST IN: 🇦🇺 BTC Markets has become Australia’s first #crypto exchange to

June 21, 2022 1 min read

Crypto Exchange BitOasis Cut-off 5% of Workforce?

BitOasis stated nine laid-off reflect nearly 5% of the company’s employment. Bybit joined the list by reducing its staff by 20% to 30%. On 19 June, Dubai-based cryptocurrency exchange BitOsasis the company, which has been serving the Middle East since 2015, announced the layoffs of 5% of its employees in

June 21, 2022 1 min read
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