Thu, November 28

Mocaverse and KuCoin Collaborate to Redefine Cross-platform Identity

Mocaverse, the Animoca Brands membership network and metaverse project, KuCoin, a cryptocurrency exchange, and Halo Wallet, a Web3 wallet, have partnered to improve user navigation across numerous sectors, such as crypto trading, social finance, gaming, and decentralized finance (DeFi). A collaboration statement was made on February 15th, stating that the

February 16, 2024 2 mins read

JPMorgan Upgrades Coinbase Rating from Underweight to Neutral

From “underweight,” JPMorgan’s rating for crypto exchange Coinbase was raised to “neutral” in a surprising move. The announcement of the full-year results is imminent, and the rating arrives at a critical juncture. The stock was raised from underweight to neutral by JPMorgan, which improved Coinbase’s rating. The investment bank has

February 15, 2024 1 min read

Crypto Exchange Bybit Witnesses Eightfold Market Share Growth

Despite the volatility in the cryptocurrency market, Bybit, which has over 20 million users and is among the top three exchanges globally in terms of volume, has grown remarkably in 2023. According to recent statistics from Kaiko, Bybit outperformed the other leading exchanges in terms of growth in spot market share,

February 15, 2024 1 min read

Japan’s Regulators Suggest Banks to Block P2P Crypto Transfers

Japan’s peer-to-peer (P2P) crypto market may face a new obstacle because of the country’s financial regulator and police agency. They have suggested banks stop transfers to crypto platforms if the sender’s name does not match the account name. The Financial Services Agency (FSA) and the National Police Agency (NPA) have

February 14, 2024 2 mins read

UK Financial Watchdog Continues Intense Scrutiny on Crypto Marketing

The financial watchdog in the United Kingdom warned 450 businesses in the last quarter of 2023 for unlawfully marketing cryptocurrency and urged those with the authority to do business with them to fulfill their obligations. Oct. 8 marked the beginning of the promotional guidelines set forth by the Financial Conduct

February 14, 2024 1 min read

Kraken Reportedly Enters Custodianship Race for Spot Ethereum ETFs

The Spot Ethereum ETF frenzy has begun, after the Spot Bitcoin ETF mania. Amidst the excitement around the Ether ETF, it has come to light that Kraken, the second-largest cryptocurrency exchange in the US, is considering joining the crypto ETF custodian race, similar to Coinbase. Of the eleven Spot Bitcoin

February 13, 2024 1 min read

Coinbase’s New Ad Pushes Crypto Adoption on National Lost Penny Day

According to a new advertising campaign from cryptocurrency exchange Coinbase, the conversion of the US dollar to a “well-designed blockchain” has the potential to repurpose billions of “clunky” pennies in circulation. The initiative was launched on February 12 in celebration of National Lost Penny Day, an annual event that has

February 13, 2024 1 min read

Why Is Binance Founder CZ’s Sentencing Delayed to Late April?

The sentencing for the largest crypto exchange, Binance founder Changpeng Zhao, also known as CZ, on a money laundering charge, has been postponed until April 30, as per the announcement made by the Seattle Federal Court. Originally set for Feb. 23, the delay’s reasons remain undisclosed. Zhao’s sentencing has garnered

February 13, 2024 1 min read

FTX Seeks to Sell ‘Digital Custody’ for Discount Amid Repayment Efforts

John Ray III, CEO of the FTX debtors estate, has filed paperwork to sell Digital Custody to CoinList at a steep discount of $500,000, with funding coming from Terence Culver, the original CEO and seller of DC. At first, FTX paid $10 million to acquire Digital Custody. The acquisition of

February 11, 2024 2 mins read