Fri, May 15

Bybit’s P2P Trading Offers Instant Onchain Deposits in Users’ Web3 Wallets

One of Coingecko’s top five cryptocurrency exchanges, Bybit, is excited to announce that its peer-to-peer (P2P) trading service is now available for customers to purchase cryptocurrency on-chain. With the P2P improvement, customers may presently buy USDT with more than 62 different fiat currencies while receiving cryptocurrency on the Ethereum and

August 3, 2023 1 min read

Robinhood Q2 Report: Crypto Revenue Declines by 18%

Despite a decline in revenue, Robinhood announced profitable results for the second quarter of 2023, marking the first time the firm has turned a profit since becoming public. The trading platform had an 18% decline in quarterly revenue from crypto transactions to $31 million, as reported in its financial report

August 3, 2023 1 min read

ASIC Files Lawsuit Against eToro Over CFD Offerings

The Australian Securities and Investments Commission (ASIC) has launched a lawsuit against eToro, a stock and crypto trading platform. This is over allegedly allowing its users to engage in “high risk” leverage derivative products, specifically CFDs. On Thursday, August 3rd, ASIC released a statement claiming that eToro Aus Capital Ltd.

August 3, 2023 2 mins read

KuCoin Announces Suspension of BTC and LTC Mining Pools

KuCoin, a cryptocurrency exchange, has decided to suspend its Bitcoin and Litecoin mining pools as of August 16. The decision was reportedly made in response to recent layoffs that, according to rumors, impacted close to 30% of its personnel. The alleged layoff news was denied by the exchange, calling it

August 2, 2023 1 min read

Binance Japan Accepts New Users Amid Regulatory Shifts

Binance Japan, a subsidiary of crypto exchange Binance, will soon begin accepting new users on its recently released platform in Japan. Two years ago, authorities issued a warning to the exchange for operating illegally in the country. Introducing #Binance Japan: A Dedicated Platform for Residents in Japan 🇯🇵https://t.co/BDOFWQFOc1 — CZ

August 1, 2023 2 mins read

Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares

Cathie Wood, the CEO of Ark Invest, has reportedly sold millions of dollars’ worth of shares in Coinbase (COIN) and Robinhood (HOOD) ahead of the businesses’ projected weaker-than-expected second-quarter earnings reports. Despite Cathie Wood’s continued Bitcoin optimism, her firm, Ark Invest, has been unloading its crypto-related stock holdings. Since the

August 1, 2023 1 min read

SEC Asked Coinbase to Suspend All Crypto Trading Except Bitcoin

The US Securities and Exchange Commission’s (SEC) recent move sparked controversy, Coinbase was asked to halt trading on all cryptocurrencies except for Bitcoin (BTC). According to the Financial Times, Coinbase CEO Brian Armstrong revealed that this request came before the SEC’s legal action against the company on June 6, where

July 31, 2023 1 min read

SEC and Binance Oppose Eeon’s Intervention in Legal Proceedings

The U.S. SEC and Binance both filed replies about “Eeon,” a company that wanted to intervene in the SEC’s complaint against Binance on behalf of clients. Binance and the SEC have apparently opposed Eeon’s request to intervene in the action, arguing that it does not comply with the requisite legal

July 29, 2023 2 mins read

Lovely Exchange Gets Approval from Panama Authorities

Earlier this month, Lovely Inu Finance, a hybrid cryptocurrency platform celebrated its second anniversary, with the launch of its native exchange, Lovely Exchange.  Lovely Inu is distinguished by its comprehensive blockchain, wallet, and innovative centralized exchange. The combination of these offerings is largely responsible for its consistent expansion in the

July 29, 2023 1 min read

Crypto.com to Expand in Netherlands Post Regulatory Approval

Today, Crypto.com, a leading cryptocurrency service provider, received official registration approval from De Nederlandsche Bank (DNB) to operate in the Netherlands. This development comes after a rigorous assessment of Crypto.com’s business and compliance with the country’s Money Laundering and Terrorist Financing (Prevention) Act (Wwft). We're excited to share that https://t.co/vCNztATSCO

July 28, 2023 2 mins read