Tue, February 11

Hong Kong SFC Grants Signum Digital Approval For Security Token Offering

Coinstreet and Somerley’s joint venture Signum Digital has revealed that their security token offering (STO) and subscription platform has been given an “approval-in-principle” by the Hong Kong Securities and Futures Commission (SFC). Security tokens are a new kind of digital asset based on blockchain technology. It reflects ownership of tangible

March 18, 2023 2 mins read

Crypto Exchange Binance Announces Support For Staked ETH Withdrawals

The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to

March 17, 2023 2 mins read

Coinbase Announces Delisting of 6 Altcoins Post Evaluations

The biggest U.S.-based digital asset trading platform, Coinbase, recently stated that it will be stopping trading in six cryptocurrencies. According to the results of the March internal review conducted by the exchange, this is the case. For the record, Coinbase has recently tweeted that it conducts frequent reviews of the

March 16, 2023 1 min read

Coinbase Reveals $240M Exposure to Closed Signature Bank

Many cryptocurrency firms announced on Twitter if they were impacted by the government suspension of crypto-friendly Signature Bank, which emerged as the latest institution to fall after a spate of bank collapses late Sunday. In yet another blow, the Federal Reserve, the United States Treasury, and the Federal Deposit Insurance

March 13, 2023 2 mins read

Binance Swaps $1 Billion Industry Recovery Funds to BTC, ETH and BNB

With the failure of crypto-friendly institutions and the depeg events of stablecoins, Binance CEO Changpeng Zhao said on Monday that the exchange will move the remaining money in the Industry Recovery Initiative into Bitcoin (BTC), Binance Coin (BNB), and Ethereum (ETH). Binance CEO Changpeng Zhao (CZ) came to Twitter in

March 13, 2023 2 mins read

Coinbase Updates Staking Conditions Amid SEC Clampdown

A month after U.S. authorities clamped down on similar offerings. Coinbase informed customers Monday that it is revising the terms and conditions of its staking service. In an email to customers on Friday. the largest cryptocurrency exchange in the United States confirmed the continuation of staking. And emphasized that clients

March 11, 2023 1 min read

Both Binance and Coinbase Temporarily Suspend USDC Conversions

The two leading cryptocurrency exchanges, Binance and Coinbase, announced on Friday night that they will temporarily halt USDC conversions until the ripple effect of the collapse of Silicon Valley Bank plays out. The action was taken because of fears that USDC stablecoin issuer Circle was keeping part of the stablecoin’s

March 11, 2023 2 mins read

Cathie Wood Led Ark Invest Bought Coinbase Shares Worth $20.6 Million

According to a transaction report provided to investors, prominent growth investor Cathie Wood’s Ark Invest purchased more shares of cryptocurrency exchange Coinbase (COIN) on Thursday than it had in all of January. More than 350,000 Coinbase shares were purchased in a single day by the company, making it the largest

March 10, 2023 2 mins read

Vajram Exchange Chairman Confident Over Crypto Adoption in India

Vajram Exchange, a crypto exchange originating from India has made its presence at the Crypto Expo Dubai 2023. The event was one of the largest cryptocurrency summits with over 10K attendees from 30+ countries. Vajram is a product of the Vajra Group of Companies. The parent company has established itself

March 10, 2023 2 mins read

Gate.io Partners With Visa to Launch Crypto Debit Card in Europe

Even if the market were to tank, it seems like Visa’s cryptocurrency operations would continue as planned. The company behind the widely-used cryptocurrency exchange Gate.io, Gate Group, has announced that it would launch a Gate Visa crypto debit card. Gate has announced that it is now accepting registrations and waiting

March 9, 2023 2 mins read