Thu, November 28

Bitfinex CTO Reveals Failed $15B Worth XRP Transfer Attack on Exchange

Bitfinex CTO Paolo Ardoino said that a “partial payments exploit” trying to transfer over $15 billion worth of XRP (XRP) from an unidentified wallet to Bitfinex on January 14 never materialized. Blockchain monitoring firm Whale Alert was the first to bring attention to the move. Whale Alert claimed to have

January 15, 2024 1 min read

Coinbase and Yellow Card Join Forces for Crypto Expansion in Africa

Coinbase has teamed up with Africa’s Yellow Card to launch its products in 20 African nations, with an emphasis on growing the accessibility of the USDC stablecoin. Moreover, Coinbase will integrate Yellow Card’s payment rails in Africa as part of the agreement, according to Yellow Card CEO Chris Maurice. This

January 12, 2024 1 min read

Robinhood All Set to Offer Spot Bitcoin ETFs on Its Platform

Following the SEC’s historic approval of 11 Spot Bitcoin ETFs on January 10, investors took notice of the Robinhood platform and CEO Vladimir Tenev the following day. Meanwhile, in light of the SEC’s recent landmark ruling, Robinhood’s co-founder and CEO Vladimir Tenev revealed the platform’s prospective intentions in a recent

January 11, 2024 2 mins read

Bybit’s CryptoArk Keynote Highlights Ambitious Plans and Achievements

Ben Zhou, the CEO and co-founder of Bybit, outlined the future of the cryptocurrency business in his keynote speech after the exchange increased its spot market share by eight times in 2023. Bybit’s noteworthy achievements and future goals were highlighted during the CryptoArk Keynote, demonstrating the company’s steadfast dedication to

January 10, 2024 2 mins read

Apple App Store India Removes Exchanges Served Notices Earlier

A number of prominent cryptocurrency exchanges’ mobile apps have simply vanished from India’s Apple App Store. These apps include Binance, Kraken, Mexc, and Kucoin, among others. This action is being taken a week and a half after these exchanges were named for supposedly running “illegally” inside the nation. The Indian

January 10, 2024 2 mins read

Binance Pay Soars in 2023, Poised for Crypto Payment Boost in 2024

In spite of the turbulent market, the crypto community’s tenacity was evident while looking back on the eventful year of 2023. Together, we looked at creative approaches to incorporating cryptocurrencies into daily life, such as payment processing. The potential for widespread industry adoption of cryptocurrency payments is immense, which is

January 9, 2024 6 mins read

Upbit Singapore Secures Major Payment Institution License by MAS

Upbit Singapore has announced that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a major step towards solidifying its position in the regulated digital asset exchange. Moreover, Upbit Singapore is now well-positioned to play a key role in the growing digital

January 8, 2024 2 mins read

Coinbase Eyes EU Domination with MiFID Licensed Firm Acquisition

Coinbase is planning to expand its derivatives operations throughout the European Union by acquiring a MiFID-licensed corporation in Cyprus, as stated by the company. The goal of this undertaking is to substantially increase Coinbase’s market presence in 2024, subject to regulatory permission. In line with Coinbase’s long-term goal of diversifying

January 6, 2024 1 min read

Coinbase Implements FCA-Compliant Measures for UK Users

Some users have reported receiving an email stating that Coinbase has implemented a new requirement for customers in the UK. A risk acknowledgment form must now be filled out by them. This effort is in line with the Financial Conduct Authority’s (FCA) upcoming rules on financial advertising in the United

January 4, 2024 2 mins read

Crypto Exchange CoinDCX Dispels Fraud Reports With Clarification

A worrying turn of events in India’s cryptocurrency scene has unfolded as crypto investment behemoth CoinDCX denies rumors that the exchange is the subject of investigation by the Delhi Police. Police in Delhi are reportedly looking into allegations of mobile app-based bank fraud. A number of complainants have noticed abnormalities,

January 3, 2024 2 mins read