Sun, October 4

Coinbase Calls Out FDIC for Restricting Crypto Banking Access

Coinbase has revealed troubling findings about the Federal Deposit Insurance Corporation (FDIC), uncovering over 20 instances where the regulator advised banks to avoid providing crypto-related services. This information emerged following the exchange’s recent Freedom of Information Act (FOIA) requests aimed at shedding light on the ongoing governmental crackdown on cryptocurrencies.

November 2, 2024 2 mins read

Bybit Launches Fully Localized Platform in Kazakhstan, Offering Seamless Trading Experience

The second-biggest cryptocurrency exchange in the world based on trading volume, Bybit, is pleased to announce the debut of its fully localized platform (bybit.kz) for the Kazakhstan market. Bybit is prepared to provide Kazakhstan users with a customized, secure, and easy trading experience at bybit.kz after receiving complete license from the Astana Financial Services

November 1, 2024 3 mins read

Binance Taps Amazon Web Services to Boost AI-Driven Customer Experience

Today, Binance, the world’s leading blockchain ecosystem, driving the world’s largest crypto exchange by trading volume and users, announced that it will use Amazon Web Services (AWS) to enhance customer support, internal automated system diagnosis, and troubleshooting on Binance. By using AWS, Binance integrates blockchain technology and cloud computing services into its business and

October 31, 2024 3 mins read

Binance Appoints Jeff Li as VP of Product to Drive Web3 Expansion

During Binance Blockchain Week, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange by trading volume, announced today that Jeff Li has been appointed as its new Vice President of Product. Jeff will be concentrating on growing and improving Binance’s product line to make sure it stays at

October 31, 2024 3 mins read

Binance Unveils Pioneering Solution for Wealth Managers Via Binance Wealth

Binance Wealth, the first crypto exchange technological solution for wealth managers, was unveiled today by Binance, the global blockchain ecosystem that more than 230 million people globally trust. Similar to conventional wealth management, Binance Wealth gives wealth managers the ability to supervise their clients’ onboarding and provide investment recommendations. This way, customers

October 30, 2024 2 mins read

Crypto Exchange Gemini Secures In-Principle Approval in Singapore

The cryptocurrency exchange Gemini, led by the Winklevoss Twins, has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license.  NEW: Gemini receives In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license Application. This

October 29, 2024 2 mins read

Coinbase CEO Demands SEC Apology for ‘Frivolous Cases’ 

Bitcoin hit a three-month high, surging past $71,000 and providing relief for traders weary of the coin’s prolonged consolidation. But alongside this surge, the ongoing legal drama between Coinbase and the U.S. Securities and Exchange Commission (SEC) escalated. Coinbase CEO Brian Armstrong recently voiced strong criticism of the SEC on

October 29, 2024 2 mins read

FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange

In a legal filing made public on October 24th, the FTX bankruptcy estate announced a $228 million settlement with the Bybit exchange. The estate had first sued the exchange in 2023, attempting to recoup monies owed to creditors and former clients. The filing states that FTX will be able to

October 28, 2024 2 mins read

Bitstamp Secures MTF License, Eyes Crypto Derivatives Offerings in EU

After reviewing Bitstamp’s application, the Securities Market Agency in Slovenia granted the company a Multilateral Trading Facility (MTF) license. With this authorization, the exchange may provide its retail and institutional customers with more advanced financial products. Moreover, the license grants Bitstamp the ability to provide crypto derivatives products including perpetual

October 25, 2024 2 mins read

Binance Research Report Highlights Spot Crypto ETFs Trend and Domination

As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of

October 25, 2024 3 mins read