Sun, October 4

Binance Users Save $1.75 Billion in Remittance Costs Through Crypto Transfers Since 2022

Richard Teng, the CEO of Binance, said today at Davos that Binance users had saved as much as $1.75 billion in remittance costs via immediate user-to-user cryptocurrency remittances totaling $26 billion between the years 2022 and 2024. Remittances are a significant component of the global economy, with projections indicating that they will reach

January 21, 2025 4 mins read

BC Wong Appointed CEO of KuCoin, Strengthening Global Expansion and Compliance

BC Wong has been appointed to the position of Chief Executive Officer (CEO) of KuCoin, the globally recognized cryptocurrency exchange. KuCoin’s dedication to worldwide expansion and innovation is highlighted by the strategic decision, which also includes the exchange’s commitment to preserving regulatory compliance. BC Wong, who is more often referred

January 21, 2025 2 mins read

India Must Act Quickly on Crypto Regulations, Says CoinDCX CEO Sumit Gupta

India Should Act on Crypto Regulations Donald Trump is expected to announce new crypto rules soon. Sumit Gupta, CEO of CoinDCX, believes India must act quickly too. He warns that delays could cause India to lose innovation, talent, and value from crypto transactions. Gupta said high taxes and unclear policies

January 20, 2025 2 mins read

OKX Jumpstart Introduces ANIME Mining Ahead of Animecoin Launch

OKX crypto exchange announced the launch of Animecoin mining on the OKX Jumpstart platform. With the aim of offering access to high-quality blockchain projects investment, OKX Jumpstart announced Animecoin as its next crypto project. Unlike other cryptocurrencies and memecoins, Animecoin was created as a gratitude token for people who brought

January 17, 2025 2 mins read

Upbit Faces Heat as South Korea’s FIU Conducts Disciplinary Hearing

South Korea’s Financial Intelligence Unit (FIU) is set to conduct a disciplinary hearing on January 21 to evaluate Upbit, the nation’s largest cryptocurrency exchange, for alleged violations of Know-Your-Customer (KYC) regulations. During a recent on-site inspection tied to the renewal of Upbit’s Virtual Asset Service Provider (VASP) license, the FIU

January 15, 2025 2 mins read

Mudrex Halts Crypto Withdrawals for Security Upgrades

Mudrex Halts Crypto Withdrawals Amid System Improvements Mudrex, an Indian cryptocurrency exchange, recently stopped crypto withdrawals, which left many users confused and frustrated. The company announced on January 11 that the suspension would last until January 28. The reason for the pause is to improve the platform’s systems to prevent

January 12, 2025 2 mins read

Altcoin Trading Volume Dominance on Binance Hits 78%, Signaling Potential Bull Run

The domination of altcoin trading volume on Binance has reached 78%, which, according to a crypto expert, suggests a substantial possibility of an altcoin bull market in 2025. According to a market assessment by CryptoQuant contributor Burakkesmeci published on January 11th, the altcoin market may keep gaining steam in the

January 12, 2025 2 mins read

Bybit Halts Services in India Amid Regulatory Compliance Efforts

In light of recent legislative changes, the global cryptocurrency exchange Bybit has announced the temporary suspension of its crypto trading services in India. Bybit has announced that from January 12 at 8:00 am UTC, a number of services, including cryptocurrency trading, account opening, and order placement via other exchange products,

January 10, 2025 2 mins read

KuCoin Campus Survey Highlights Vietnam’s Rising Blockchain Enthusiasm Among Youth

It is with great enthusiasm that KuCoin, a prominent global cryptocurrency exchange, announces the findings of its second edition of the KuCoin Campus Survey, which was carried out at the Vietnam Technology & Investment Summit (VTIS) 2024. KuCoin’s dedication to cultivating this crucial market is reaffirmed by the findings of a

January 10, 2025 3 mins read