Sat, January 11

SEC Fines Coinbase’s Former Product Manager for Insider Trading

In a significant development in cryptocurrency, former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have agreed to settle insider trading charges. The Securities and Exchange Commission (SEC) accused the brothers of engaging in a scheme to trade ahead of multiple announcements related to at least nine crypto

May 31, 2023 2 mins read

Russia Pioneers Cross-Border Settlements with Crypto Exchanges

In a revolutionary step, Russia is embracing cryptocurrency exchanges to facilitate cross-border transactions, signaling a dramatic shift in its stance towards digital currencies. As this move aligns with the global trend towards digitized finance, it could trigger a wave of innovation and intensify competition in the crypto industry. This move

May 30, 2023 2 mins read

Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia. Kazakhstan has emerged

May 29, 2023 2 mins read

Uniswap Disables BEN Token Trading, Here’s Why?

The largest decentralized crypto exchange, Uniswap, prohibited the trading of various memecoins and derivative cryptocurrencies, despite the fact that users were unaware of it. It’s been more than three days since the exchange banned the new meme coin Ben (BEN), which buzzed “CryptoTwitter” with significant attention. However, users can still

May 27, 2023 1 min read

Hotbit Exchange Halts Operations and Urge Users To Withdraw Funds

Crypto exchange Hotbit recently made headlines as it announced the temporary suspension of its operations. Moreover, the decision came as a surprise to many users and raised concerns about the safety of their funds. Let’s delve into the reasons behind Hotbit’s decision, and the implications for the broader crypto market.

May 22, 2023 3 mins read

Binance Australia Faces Scrutiny Amid Allegations of Crypto Scams and Frauds

Cuscal, the third-party payments provider for Binance Australia, suggested that the decision to discontinue its services influenced by concerns over scams and fraud. That is associates with activities such as account fraud, ID takeover, and cryptocurrency transactions. In a sudden move, Binance Australia declared on May 18 that its Australian

May 19, 2023 1 min read

Coinbase’s Cryptic Twitter Countdown Sparks Speculation

Coinbase has set the crypto community abuzz with anticipation after posting a mysterious countdown on its official Twitter account. Added to this, the enigmatic tweet has left users and enthusiasts speculating about the potential significance of this countdown and the implications it may have for the world of digital currencies. 

May 18, 2023 3 mins read

Binance Australia Seeks New Third Party Provider to Reinstate AUD Services

Binance Australia has temporarily halted its Australian dollar services due to a disruption in support from its local payment services provider. Binance Australia took to Twitter on May 18 to inform users that AUD PayID deposits temporarily halted. And warned that bank transfer withdrawals would be impacted as well, citing

May 18, 2023 1 min read

Binance’s Token Burn and Collateral Release: A Boost for BNB Chain

Binance has announced a major token burn event set to take place today. This token burn will primarily target Binance-pegged USDT and USDC tokens, and it will be carried out on the BNB Chain. As a result of this burn, a equivalent amount of these tokens on their respective native

May 17, 2023 3 mins read

Top Cryptocurrency Exchanges Lack Third-Party Auditing, Says Report

Reports indicate that Bloomberg News carried out a survey that encompassed 60 well-known cryptocurrency companies. The survey encompassed a wide range of entities, including exchanges, mining companies, analytics firms, and token issuers. Its objective was to assess the state of governance and controls within the crypto industry. Several of these

May 16, 2023 1 min read
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