Fri, July 24

Coinbase Sooner To Suspend UST and WLUNA Trading

Trading in these Terra coins will be suspended on May 27. Several exchanges have already delisted Terra assets. Prominent exchanges have delisted Terra’s tokens such as UST, LUNA, Anchor, and Mirror due to the catastrophe in the ecosystem. Coinbase, one of the largest crypto exchanges, has announced its plans to

May 14, 2022 1 min read

FTX CEO Sam Bankman-Fried Purchased 7.6% Stake in Robinhood

Since it peaked at $55 soon after the IPO in July, the stock has progressively declined.  For Bankman-Fried, investing in Robinhood was an “attractive investment.” FTX CEO Sam Bankman-Fried purchased a significant 7.6 percent investment in stock and cryptocurrency trading platform Robinhood, according to a filing with the Securities and

May 13, 2022 2 mins read

Coinbase CEO Refutes Rumors of Bankruptcy Amid Loss in Q1 2022

Immediately after the declaration of the loss, there was a flurry of discussion on Twitter. The team is now working on revising their agreements so that retail users are protected. Social media has been buzzing over a statement that implies Coinbase consumers are not insured in the event of the

May 12, 2022 2 mins read

Binance Will Delist $LUNA if Price Drops Below $0.005

Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their eyes witnessing such an event. The true event of a crypto dropping down to almost nothing, with the

May 12, 2022 2 mins read

Coinbase 1st Quarterly Earnings in 2022 Fails To Hit The Estimates

The revenue raised by Coinbase is nowhere near the estimates. Coinbase’s market share of the total crypto market cap in Q1 is 11.2%. The Securities and Exchange Commission (SEC), SAB 211, demands entities to release ‘form 10Q” disclosures that should include their financial statements and the details of crypto assets

May 11, 2022 2 mins read

Tokocrypto Collaborated With Avarta For Authentication Security To Crypto Market

Today in Singapore During an MOU signing conference, Avarta’s Chairman, His Royal Highness Prince Abdul Qawi of Brunei Darussalam, and COO Hong Loon formally made a deal on the contract with Tokocrypto’s CEO Pang Xue Kai and CSO Chun Ying. Prior to forming their partnership, the companies had a beneficial

May 10, 2022 2 mins read

28% GST Imposition for Crypto-Related Activities in India?

30% tax on revenue earned through the crypto market and 1% TDS on crypto transactions. A step forward to the legislation of crypto exchanges in the country. The GST Council has said have appointed a special legal committee to overtake the imposition of 28% tax for all crypto-related activities such

May 9, 2022 2 mins read

Amid Pending Clearance, Crypto Derivatives Service in Spain Stopped by Binance

As one of the most relentless crypto exchanges in getting regulatory clearance and operating licenses from authorities throughout the globe, Binance is a clear leader. However, the Spanish regulator, Comisión Nacional del Mercado de Valores (CNMV), has yet to approve the exchange’s crypto derivatives services in Spain; hence it has

May 8, 2022 2 mins read

Indian Finance Committee Reprimands Crypto Advocacy

The 30% Capital gains tax on crypto assets is effective in India from April 2022.  Total estimated realized crypto gains by India in 2021 was $1.85B. On Wednesday, prominent representatives of the crypto industry met the Indian Parliamentary Standing Committee on Finance (SCOF) in Bengaluru. No significant details of the

May 6, 2022 2 mins read

In-depth Review of Prominent Crypto Exchange: Koinbazar

Introduction Koinbazar is one of the Indian-based cryptocurrency exchanges. Since its inception in 2020, it has become one of the industry’s most renowned exchanges. Bitcoin and other cryptocurrencies can be purchased, sold, or traded on Koinbazar’s global cryptocurrency exchange platform, which is completely secure. Trading Fees  The exchange levies a

May 6, 2022 2 mins read