Tue, February 11

UAE Grants License to Crypto Exchange Rain for Virtual Asset Services

Rain, a Middle Eastern cryptocurrency exchange, announced that its Abu Dhabi branch has been granted a license to provide brokerage and custody services for virtual assets in the UAE. Coinbase-backed Rain, located in Bahrain, has announced that its subsidiary in the Abu Dhabi Global Market financial freezone would soon provide

July 25, 2023 2 mins read

Bitget Rebrands: BUIDLing Trade Smarter Community

Bitget, a crypto platform has brought some innovations with its rebranding in a smart way. In order to bring an efficient and safe environment for the crypto industry for trading, engagement, and commitment.  List of Bitget Upgrades The newer vision of crypto trading is enabled by the wisdom of empowering

July 25, 2023 2 mins read

Robinhood Recruits Key Executive To Prepare for UK Expansion

Robinhood is preparing to expand internationally in order to gain customers in the UK. According to Bloomberg, as a direct result, the US stock trading app has recruited a key executive from the British fintech business Freetrade. On Tuesday, it was reported that Jordan Dane Sinclair has been appointed CEO

July 25, 2023 2 mins read

CFTC Vs Binance: CZ Hits Back

On Monday, the United States District Court in Chicago shared a plaintiff from Commodity Futures Trading Commission (CFTC) with its defendants who are Binance and its CEO and Founder. Changpeng Zhao, the CEO tries to submit a dismissal motion for the complaint that has been filed against them.  Reports portray

July 25, 2023 1 min read

Binance to Remove Set of Spot Trading Pairs

Binance, the leading crypto exchange, announced that it would remove several trading pairs on July 26. The sudden announcement has sparked a debate in the crypto market.  On July 24, the crypto exchange Binance tweeted an announcement mentioning that it would remove some spot trading pairs and stop trading at

July 24, 2023 1 min read

Indonesia to Launch National Crypto Exchange by July End

Indonesia’s plans to launch a crypto exchange for the nation before the beginning of August 2023. The Chief of the Commodity Futures Trading Regulatory Agency (Bappebti) has declared that the launch will happen as per the protocols of various stress testing.  The chief of Bappebti, Didid Noordiatmoko has stated: “…we

July 21, 2023 1 min read

Binance All Set To Burn 1.99M BNB Tokens in 24th Quarterly Burn

According to the BNB burn portal, Binance will burn 1.99 million BNB tokens as part of its 24th quarterly burn mechanism. To reduce the total number of BNB tokens in circulation, Binance has implemented a process called BNB Auto-Burn. The BNB price has been stuck around the $250 mark for

July 18, 2023 1 min read

Coinbase Dumps 11% as ARK Invest Books $91 Million Profit

The renowned growth-focused fund ARK Invest, led by Cathie Wood, has revealed its ongoing offloading of Coinbase shares as the COIN continued to surge. The disclosure indicates that the firm sold 248,838 COIN shares, valued at just over $26 million based on Monday’s closing price of $105.55, which falls just

July 18, 2023 2 mins read

Binance Introduces Multiple Deposit Addresses for a Single Network Feature

A new feature that will enable customers to obtain several deposit addresses for a single network has been unveiled by Binance. At launch, it supports ERC20 tokens issued on the Ethereum network as well as tokens issued on Ethereum-compatible networks such as Arbitrum One and BNB Smart Chain. In the

July 17, 2023 2 mins read

Binance Enables Lightning Network for Bitcoin Transactions, Bullish?

Binance announced that it had completed the integration of the Bitcoin Lightning Network (LN). The crypto exchange has enabled this layer-2 scaling solution for Bitcoin (BTC) withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now open.

July 17, 2023 1 min read