In response to rising demand for Bitcoin, Shiba Inu, and Dogecoin, the biggest cryptocurrency exchange in the world, Binance has created seven additional liquidity pools. Users may earn incentives by providing liquidity to Binance’s pools or swapping one token for another via the Binance Liquid Swap. On April 24th, Binance
After two years of inactivity, the founder of the defunct Turkish cryptocurrency exchange Thodex has been extradited home. Albania has deported Faruk Fatih Ozer, the CEO, and founder of the defunct crypto exchange Thodex, to Turkey. According to Anadolu Agency, Turkey’s state-run news organization, local police took the 27-year-old under
KuCoin, the crypto exchange’s official Twitter account, was compromised for 45 minutes starting at 00.00 UTC+2 timezone. As per the tweet from KuCoin, the Twitter hack was performed by posting “fake activity”, which caused a number of crypto users to lose their assets. 1/ The @kucoincom handle was compromised for
Coinbase’s Layer 2 initiative seems to be progressing steadily toward a mainnet release. In February of 2023, developers released a testnet version of the Ethereum Layer 2 network. Base was released as a platform that simplifies integration between third-party applications and the Coinbase ecosystem. In their most recent post, the
Due to the SEC’s lack of regulatory clarity, the largest cryptocurrency exchange in the United States, Coinbase, is apparently looking to relocate its operations offshore. Coinbase, though, seems to be preparing for a protracted court struggle rather than a swift resolution. Met with the SEC today. We’ll continue pushing for
According to reports from South African media outlets, the Nigerian cryptocurrency exchange Roqqu has been given a regulatory license to operate in the nation, enabling users to buy and sell cryptocurrencies using the local fiat currency, the South African rand. Roqqu’s focus on South Africa is indicative of the importance
Cryptocurrency exchange Gemini has announced that it would open a new engineering center in India in order to take advantage of the country’s abundance of highly skilled IT professionals. The exchange is “in the midst” of constructing an engineering facility in Gurgaon, India, according to a statement released by CTO
On Thursday, the Texas House Representatives passed a bill requiring crypto exchanges to provide proof of reserves. A Republican state representative, Giovanni Capliglione, filed HB 1666. The bill is expected to rebuild trust in the crypto market. And also, the bill would bring some major regulations to the crypto market.
According to recent reports from the Brazilian newspaper Valor Econômico, the Brazilian authorities are investigating Binance. However, Binance has been in the spotlight lately due to regulatory concerns in several countries. The company has been accused of not complying with local regulations. BREAKING: Crypto exchange #Binance under investigation by Federal
Bitget, a cryptocurrency trading platform located in Seychelles, has formally registered as a service provider in Lithuania. The Baltic state’s local rules and regulations have been fulfilled, according to a release from the exchange. Also, a safe haven for crypto and blockchain initiatives, the nation is seen as a growing
