Fracton Protocol has launched hiBAKC on KuCoin, further expanding its hiNFT token family. This revolutionary move involves fractionalizing the coveted Bored Ape Kennel Club Collection into an ERC-20 Token, defying expectations and driving its price up by an impressive 1,100% on its first day of trading. 💥World Premiere💥 📢New Listing
As answers from the Multichain team are still needed, the biggest cryptocurrency exchange in the world, Binance, said on Thursday that it will temporarily ban deposits for certain bridging network tokens. Meanwhile, a number of reports have surfaced suggesting that Zhao Jun, co-founder, and CEO of Multichain, has disappeared and
To facilitate secure spot trading of virtual assets in Hong Kong, OKX, the world’s second-largest cryptocurrency exchange by trading volume, and a leading Web3 technology business, has published an updated version of its app. In a recent announcement, the Hong Kong exchange revealed that BTC, ETH, ADA, MATIC, SOL, DOT,
Due to the unfriendly atmosphere in the United States, the Winklevoss twins are considering establishing their crypto empire in the United Kingdom. The twins Tyler and Winklevoss, who founded the cryptocurrency exchange Gemini, recently stated that they had met with representatives from the Financial Conduct Authority and the Bank of
Coinbase, the largest cryptocurrency exchange, has filed a writ of mandamus against the US Securities and Exchange Commission (SEC), ramping up its ongoing conflict with the SEC. The necessity for standardized regulations and norms for the cryptocurrency industry in the United States has been the source of contention for months,
On May 23, the U.S. Treasury announced the blacklist of crypto holdings wallets with alleged ties to the North Korean government. According to the report, the Binance-hosted wallets received several cryptocurrencies worth $2 million that were then sent to the North Korean entities. Treasury’s Office of Foreign Assets Control (OFAC)
Amid a potentially game-changing scenario, the crypto market is at an unprecedented juncture. Glassnode, a world-leading on-chain and financial metrics firm, reports a cyclical low in major asset inflows to exchanges, with the value dipping to a mere $1.65 billion. This low is noteworthy, as we haven’t seen such a
OKX, a cryptocurrency exchange, aims to recruit about 100 staff in France over the next three years as it seeks to join the 74 other firms that have been granted regulatory authorization by France’s Financial Markets Authority (AMF). The Seychelles-based company has applied for Digital Asset Service Provider (DASP) status
In the Philippines, officials issued a warning to Gemini, a cryptocurrency exchange, for operating an unauthorized derivatives exchange. According to Bloomberg, the provincial stock market authority in the nation censured the company for doing business without the proper licenses. There are already plenty of problems for businesses operating in the
The biggest cryptocurrency exchange in the US, Coinbase, is planning a TV ad campaign to shift people’s minds about digital money. The majority of US politicians and regulators, where the campaign’s focus lies, are based in Washington, DC. Brian Armstrong, CEO of Coinbase, shared some data on the effectiveness of
