Binance, the biggest cryptocurrency exchange in the world, has stated that its services in Poland now conform to all local regulations governing the provision of virtual asset service providers (VASPs). In order to keep utilizing Binance Poland’s services, Polish customers must agree to the company’s updated Terms and Conditions. Binance
After many months of volatility in the cryptocurrency market, the Hong Kong-based digital asset exchange OSL has decided to slash its operating expenses by around a third. This involves reducing the size of the personnel; however, the company did not disclose how much percentage of its workers were let go.
U.S. retail trading platform Robinhood Markets Inc. announced on January 17 that it has launched a media-focused subsidiary named Sherwood Media, LLC. The exile Robin Hood of legend is said to have spent his early years in the “Sherwood” woodland, thus the name. The new media group would report on
Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase in the United States District Court for failing to provide Songbird and Flare tokens to Coinbase clients. Supposedly, the cryptocurrency exchange openly consented to divide up the airdrop among XRP investors. The complaint said that it was filed on
As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC) and the cryptocurrency exchange CoinFlex, respectively, are looking to raise $25 million to start a new exchange called GTX. Bankrupt crypto businesses including Mt. Gox, Celsius, BlockFi, and the most
Cryptocurrency projects are beginning to focus on long-term viability. Since last year, when Ethereum made the switch to the PoS consensus method, it has become more eco-friendly and uses less energy. There have been other industrial ventures moving in a similar fashion. A leading cryptocurrency exchange, Crypto.com has been dedicated
The Miami Heat, one of the NBA’s most successful franchises, has ended its affiliation with the FTX cryptocurrency exchange. The basketball powerhouse’s home arena, once known as FTX Arena, will hereafter be known as something else. The partnership between Miami-Dade County (where the NBA club is based) and FTX was
SkyBridge Capital founder Anthony Scaramucci has said that his firm may repurchase the majority share it sold to the defunct cryptocurrency exchange FTX in the coming months. He also made claims of fraud on the part of the platform and its previous CEO, Sam Bankman-Fried (SBF). Scaramucci recently expressed optimism
For many traditional banks, bridging the divide between digital and fiat currencies is a top concern as the crypto industry continues to enter the mainstream. Huobi, a cryptocurrency exchange, has announced that it would create a cryptocurrency-to-fiat debit card in collaboration with Solaris, a European financial services company. Because Visa
Binance, a cryptocurrency exchange, has announced today that it would facilitate the upgrade to Terra Classic (LUNC), a project that sprung from the defunct Terra ecosystem. The update is scheduled to take place this Saturday. The update will take place at epoch 15,029, or around 04:50 UTC on Saturday, after
