Sun, October 4

Nigerian Government Denounces Binance’s Bribery Allegations as Baseless

The government of Nigeria has spoken out against the bribery allegations made by cryptocurrency exchange Binance, saying that the charges are baseless and an attempt by Binance to get publicity. In response to claims made by Binance CEO Richard Teng—that some Nigerian authorities wanted $150 million in crypto to resolve

May 9, 2024 2 mins read

Nexo Launches $12M Token Hunt Promotional Campaign to Celebrate 6th Anniversary

In celebration of its sixth anniversary, Nexo, one of the biggest cryptocurrency ecosystems, has launched a promotional campaign. Both new and current Nexo users may benefit from the token hunt, by delving into the many Nexo ecosystem components. As a whole, the team allocated ten million NEXO tokens—about $12 million—to the event’s

May 8, 2024 2 mins read

Cathie Wood Led Ark Invest Sells $15.1 Million Worth of Coinbase Shares

Across three of its exchange-traded funds, Ark Invest led by Cathie Wood sold 70,616 shares of Coinbase on Tuesday, for a total of $15.1 million. Recent trade filings show that the investment business headed by Cathie Wood sold 45,915 shares ($9.8 million) from its Innovation ETF (ARKK), 17,755 shares ($3.8

May 8, 2024 1 min read

Bybit Integrates Ethena Labs’ USDe as Collateral Option for Enhanced Trading

One of the top three cryptocurrency exchanges in the world by volume, Bybit, has integrated Ethena Labs’ synthetic dollar USDe to be used as collateral for trading activities. In the upcoming months, Bybit expects to offer more USDe spot pairings. With this, traders will be able to use Bybit’s Unified Trading Account

May 8, 2024 1 min read

P2P Exchange LocalMonero Shuts Down Amid Ongoing Crackdown

Peer-to-peer trading platform for privacy coin Monero (XMR) has abruptly shut down, joining a slew of other recent closures and arrests involving crypto privacy. All new signups and ad posts for Monero trades have been blocked, as stated by LocalMonero on May 7, effective immediately. The trading of the privacy-focused

May 8, 2024 2 mins read

Crypto.com Hits 100 Million Users, Expands with Strategic Partnerships and Events

Today, Crypto.com revealed that it has crossed the 100 million worldwide user threshold. This is a major achievement for the 2016-founded firm, which leads the sector in security, privacy, and regulatory compliance. This feat came just after the release of Crypto.com’s most recent Fortune Favors the Brave brand video, INEVITABLE, which

May 6, 2024 2 mins read

Crypto.com Accelerates Advertising with Grand Prix Sponsorships

Sports advertising on crypto.com, a leading exchange in the cryptocurrency ecosystem, is about to increase. Among the exchange’s goals in its quest for international prominence is the expansion of its dominance. Bloomberg states that Steven Kalifowitz, chief marketing officer of Crypto.com, has acknowledged the company’s intentions to ramp up its

May 5, 2024 2 mins read

Bitfinex Data Breach Raises Concerns Amid Doubts on Hack’s Veracity

The devastating revelation of a massive data breach has shocked the world-renowned crypto exchange Bitfinex. A breach involving 2.5 terabytes of data has reportedly occurred, exposing sensitive information belonging to almost 400,000 consumers. Because of the previous attack, people are understandably worried about the safety of their accounts and funds,

May 5, 2024 2 mins read

Class Action Lawsuit Against Coinbase Alleges Securities Law Violations

Another class action complaint has been filed against cryptocurrency exchange Coinbase, claiming that the exchange deceived investors into buying securities. Coinbase is facing allegations of securities law violations from individual complainants who have filed a formal complaint. The complaint also claims that SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ, and

May 5, 2024 2 mins read

Coinbase Integrates Lightning Network for Improved Bitcoin Transactions

Launching support for the Lightning Network today, crypto exchange Coinbase gives its customers a quicker and cheaper option to transfer, receive, or pay with bitcoin straight from their account. In the past, Coinbase’s bitcoin transfers were handled on-chain, which meant that they may take anywhere from ten minutes to two

April 30, 2024 1 min read