Mon, June 8

Binance Suspends Deposits in Nigeria Following CBN’s Mandate

-Binance has suspended Nigerian deposits.-Following the new request of the Central bank of Nigeria (CBN) to boycott cryptocurrencies and crypto trade.-Nigerians voiced their uneasiness utilizing the hashtag #WeWantOurCryptoBack multiple times. Digital currency exchange Binance suspended Nigerian deposits. Following the new request of the Central bank of Nigeria (CBN) to boycott

February 7, 2021 2 mins read

Bitfinex Repays Tether the Remaining Loan Balance of $550M

-Bitfinex announced that it repaid the remaining balance of a $550 million loan to Tether.-In 2018 Bitfinex borrowed $750 million from Tether.-Moreover, Tether is one of the most liquid exchange pairs with BTC. Crypto exchange Bitfinex announced that it repaid the remaining balance of a $550 million loan to its

February 6, 2021 2 mins read

Crypto Exchange Gemini Offers Saving Scheme with rates Up to 7.4% APY

-Gemini exchange offers a saving scheme called “Earn”-However, with rates of up to 7.4% APY for US users.-Earn feature allows customers to save with no minimum balance and no transfer fee.-Moreover, in the coming months, the company plans to offer interest on its dollar-pegged stablecoin, the Gemini dollar. Gemini exchange

February 5, 2021 2 mins read

Aladdin Exchange Pre-Registered Users to Receive 100 TNC Rewards

Aladdin Exchange is the newest digital asset exchange developed to facilitate cryptocurrency trading, asset storage, and digital currency listing. Join the Aladdin Exchange pre-launch event by completing the pre-registration! Be one of the early birds to pre-register as the event closes after 60 days. Aladdin Exchange Overview Based in the

January 8, 2021 2 mins read

Curve Finance Added Euro as Secondary Currency

Curve Finance added Euro as a secondary currency option following the user demands. The Curve is an automated market maker specialized in swaps between like assets. Moreover, a governance proposal passed to enable the CRV token to reward the liquidity providers in the pool. Curve Finance announced that it added

December 22, 2020 1 min read

Uniswap User Lost $20K On a Fake Google Play Store App

  An unnamed user of Uniswap lost $20,000 through a fake app. The fake app contains over 100 downloads. There is currently over $1.3 billion in total value locked into Uniswap. An unnamed user of Uniswap lost $20,000 after adding the backup key phrase on a fraudulent Uniswap mobile application

November 21, 2020 2 mins read

BitMEX Co-Founders Allegedly Looted $440M from the Exchange

HDR Global Trading Limited, the parent firm of the cryptocurrency exchange Bitmex is facing a civil lawsuit claiming the exchanges three co-founders looted $440 million from the platform. HDR Co-founders faced criminal charges Moreover, the co-founders of the exchange are Arthur Hayes, Ben Delo, and Samuel Reed. However, they have

November 2, 2020 2 mins read

Gemini Executive Julian Sawyer Joins Bitstamp as New CEO

Bitstamp made an announcement that Julian Sawyer has been joined as Chief Executive Officer of the company, as it’s co-founder and former CEO Nejc Kodrič moves into a new advisory role on the company’s Board of Directors. Julian Sawyer, who currently serves as the managing director of the UK and

October 22, 2020 2 mins read

OKEx Suspends Withdrawals Amid Security Investigation

OKEx, a leading Asian cryptocurrency exchange has caused selling panic in the crypto market. However, suddenly after suspending its service to cooperate with an investigation. Chinese news agency Caixin reported that one of the founders of OKEx, Mingxing Xu (also called Star Xu), has been questioned by the police. Moreover,

October 17, 2020 2 mins read

Seoul Police Seized South Korean’s Crypto Exchange Bithumb for Third Time

Bithumb, the largest cryptocurrency exchange in South Korea, was reportedly raided for the third time, by Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit. Police reportedly seized a number of shares in Bithumb Holdings. Despite this, the holdings belongs to Bithumb Korea Director Kim Byung-Geon. In contrast, the seizure action

September 16, 2020 2 mins read