In the wake of the FTX’s fall, most regulators and lawmakers worldwide are tightening their regulatory stance towards the crypto industry. Specifically, the US regulators — SEC, and CFTC – pulled in major crypto exchanges including Binance, Coinbase, and Kraken under their keen regulatory radar. Binance, the largest cryptocurrency exchange,
Tron founder and Huobi Global adviser Justin Sun said Monday that the company made $30 million in the first quarter. This development coincides with Justin Sun’s intention to apply for a Hong Kong license as a virtual asset service provider for Huobi. On April 10th, Justin Sun tweeted that Huobi
Bybit cryptocurrency exchange platform has announced that it will accept ChainGPT (CGPT) token deposits on April 10 at noon UTC. This is a significant step forward for ChainGPT. That aims to revolutionize machine learning and natural language processing within the cryptocurrency industry. 📷 $CGPT @Chain_GPT deposit is open on Bybit
Today, Bybit, the third-most visited cryptocurrency exchange in the world, finished integrating staked Ether (stETH) in preparation for Ethereum’s Shanghai upgrade. Users can use their ETH for margin trading and earn interest on it thanks to this ground-breaking innovation. Customers of Bybit can either buy stETH directly from the Spot market
Huobi, one of the world’s leading cryptocurrency exchanges, has announced the completion of its rebranding of PGALA to ROCK and has also revealed plans to launch the ROCK token. The rebranding of PGALA to ROCK reflects the exchange’s commitment to offering its users a diverse range of services and products.
The largest cryptocurrency exchange in the world, Binance, reported that its “Futures users were experiencing some wide problems with the platform.” It stated that its team is attempting to find a solution and that users will receive updates as they become available. Changpeng Zhao (CZ), CEO of Binance, made the
In preparation for leaving the Canadian market, cryptocurrency derivatives exchange dYdX has stated that it would be banning user accounts from Canadian residents from the next week. As part of “winding down services,” dYdX announced on April 7 that it will stop accepting new Canadian customers. On April 14th, all
The window for reimbursements to creditors of the now-defunct cryptocurrency exchange Mt. Gox has officially opened with the passing of the deadline for inputting payback information. About a decade ago, in February of 2014, the Tokyo-based crypto exchange filed for bankruptcy, making it one of the first crypto exchanges to
The California Department of Financial Protection and Innovation (DFPI) projected that Robinhood, the major fintech firm behind the cryptocurrency and stock trading platform, will pay more than $10 million in penalties. In March 2020, the global epidemic was at its peak. Robinhood experienced operational and technological problems that prevented many
Bitstamp has recently announced the launch of a lending service in Europe, Hong Kong, and the United Arab Emirates. There is no set lock-in term for the exchange’s lending product, which provides daily incentives and up to 4.4% APY. Bitcoin, Ethereum, Circle USDC, and Tether USDT are all supported for
