Mon, February 10

DCG and Genesis Agree on Preliminary Settlement for Creditor Claims

According to a court filing made on August 29th, the Digital Currency Group (DCG) and insolvent cryptocurrency lender Genesis have reached an in-principle agreement to settle the claims of the creditors. With a severe liquidity problem ensued with the demise of cryptocurrency exchange FTX. Genesis filed for Chapter 11 bankruptcy

August 29, 2023 1 min read

Binance To Continue Services To Belgian Users Through Poland Subsidiary

Binance stated that its Poland subsidiary will begin serving citizens of Belgium in compliance with a directive from the Belgian Financial Services and Markets Authority (FSMA). Binance said on August 28 that the exchange’s Polish subsidiary, Binance Poland sp. z o.o., which was formed in January with approval from Polish

August 29, 2023 1 min read

Hong Kong’s HashKey Exchange Opens To Retail Crypto Investors

Hong Kong, a major financial center on the world stage, has taken a major step forward in fortifying its crypto position. One of the first exchanges to get a license from the city’s SFC, HashKey Exchange, officially welcomed retail investors on Monday. This is an important step in the city’s

August 28, 2023 2 mins read

Indian Exchange WazirX Halts INR Withdrawals

WazirX, the Indian crypto exchange, has temporarily halted fiat withdrawals from its trading platforms. Indian crypto users have not been able to withdraw Indian rupees (INR) for over 24 hours. The suspension is due to complications with the crypto exchange’s payment provider. According to the withdrawal page on the trading

August 26, 2023 2 mins read

Bitstamp Ceases ETH Staking in the U.S. Amid Regulatory Uncertainty

Bitstamp, a cryptocurrency exchange, has decided to end its staking services for users in the U.S.  The exchange takes a 15% cut of staked rewards, as stated on their website. Staking ETH on the exchange yields a monthly payout of 4.50%, while staking Algorand yields a monthly return of 1.60%.

August 24, 2023 2 mins read

PrimeXBT crypto futures: A detailed 2023 review

PrimeXBT has quickly risen in popularity as a go-to cryptocurrency trading platform, offering a comprehensive range of professional tools and features. With its focus on crypto futures and CFDs, PrimeXBT has become a leading choice for traders looking to delve into the world of leveraged crypto trading. In this review,

August 23, 2023 6 mins read

Binance FUD : What Is It?

In the dynamic world of cryptocurrency, the largest crypto exchange Binance and its native token, BNB, have emerged as the leading topic of discussions. According to a crypto analyst platform SantimentFeed, Binance currently holds the top spot, while BNB ranks third among the fastest rising topics in the crypto sphere.

August 23, 2023 2 mins read

Binance US Teams Up with MoonPay to Restore USD Flow

Binance US, the American arm of the world-renowned crypto exchange Binance, has announced a strategic partnership with payment startup MoonPay in an attempt to reestablish a seamless flow of USD transactions into the crypto market. The move comes as Binance US grapples with a series of legal and financial obstacles

August 23, 2023 2 mins read

Nomura’s Crypto Joint Venture Receives Full Operating License in Dubai

The Virtual Asset Regulatory Authority (VARA) in Dubai has issued a full operating license to Nomura’s cryptocurrency joint venture Komainu, which also includes crypto businesses CoinShares and Ledger. The government of the UAE is encouraging crypto startups by providing funding and enacting laws that are friendly to the industry. Provisional

August 22, 2023 1 min read

Bitget Revises KYC Procedures To Meet Global Regulatory Standards

Bitget is revising its KYC procedures for customers to conform to international regulatory standards. The exchange claims that additional KYC procedures are being implemented to safeguard customers’ interests. Also, foster a safe ecosystem for the trading of cryptocurrencies, and meet the criteria of regulatory bodies throughout the world. Beginning in

August 21, 2023 1 min read