Thu, November 28

Binance Investigates BOME Insider Trading Speculations

In response to escalating concerns within the crypto community, Binance, a leading cryptocurrency exchange, has initiated a comprehensive investigation into allegations surrounding the new memecoin Book of Memecoin’s so-called  “BOME rat warehouse” incident. Speculations regarding potential insider trading have prompted Binance to launch an internal inquiry, aiming to uphold transparency

March 18, 2024 2 mins read

Binance Tightens Listing Rules to Combat Fraudulent Crypto Projects

Censoring listed tokens is one way that crypto exchange Binance is trying to keep its users secure. Cryptocurrency investors have fallen victim to rug pull schemes using unverified digital assets.  At the end of the day, investors lose millions of dollars due to these frauds. Regulators, who already see cryptocurrency

March 16, 2024 1 min read

Hong Kong SFC Adds Crypto Exchange MEXC to Warning List

March 15 saw the addition of cryptocurrency exchange MEXC to the warning list maintained by Hong Kong’s Securities and Futures Commission (SFC). The SFC has said that MEXC is advertising its services to investors in Hong Kong even though it does not have a license to operate in the region

March 16, 2024 2 mins read

PancakeSwap Unveils v4 Featuring Custom Pools and Reduced Gas Fee

The developers behind the decentralized exchange PancakeSwap announced on March 15 that the coding and white paper for version four were published. Users may expect gas fee reductions and protection from temporary loss for liquidity providers (LPs) with the new version’s support for flash accounting and bespoke liquidity pools. An

March 15, 2024 1 min read

Binance Labs Separated From Crypto Exchange Binance

Binance Labs, the venture capital arm of the world’s leading cryptocurrency exchange Binance, has recently announced its independence from its parent company. The move grabs significant attention in the crypto industry. Under the leadership of CEO Richard Teng, who assumed the role following founder CZ’s legal challenges in the US,

March 15, 2024 1 min read

Crypto Exchange Bybit Added to Hong Kong SFC’s Warning List

As of March 14, the cryptocurrency exchange Bybit was added to the warning list maintained by Hong Kong’s Securities & Futures Commission (SFC). The regulator mentioned: “The Securities and Futures Commission (SFC) today warns the public of an unlicensed virtual asset trading platform (VATP) known as Bybit, which offers trading

March 15, 2024 2 mins read

Robinhood Adds USD Coin (USDC) to European Platform

More than 25 cryptocurrencies are now available on Robinhood’s platform, thanks to the recent addition of Circle issued USD Coin (USDC) by Robinhood’s European division. Plus, a program allowing USDC holders to receive incentives of up to 10% has been launched by the crypto exchange. In addition, today’s pre-market session

March 14, 2024 1 min read

Crypto.com Penalized by Dutch Central Bank for Unregistered Operations

For running for more than two years without registration, Crypto.com was penalized by the Dutch central bank, De Nederlandsche Bank (DNB). The fine was publicized on March 13, although it was levied in October. Why the announcement was delayed or not made public at the time remains a mystery. For

March 13, 2024 1 min read

OKX Secures MPI License Approval from Singapore’s MAS

A huge step forward for the crypto exchange OKX, has been revealed with the announcement that the Monetary Authority of Singapore (MAS) has approved the exchange in principle for a major payment institution (MPI) license. This clearance further establishes OKX as a leading cryptocurrency exchange in Singapore and adds it

March 13, 2024 2 mins read

Cathie Wood’s ARK Invest Sells Almost $150M Worth of Coinbase Shares

In the week ending March 8, Cathie Wood led ARK Invest sold more than 580,000 shares of Coinbase (COIN), a cryptocurrency exchange, for a total of $149.85 million, as the stock closed at $256.62 on Friday. Three of ARK’s exchange-traded funds (ETFs)—Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation

March 11, 2024 1 min read