exchange

Staked ETH Withdrawal on Binance To Commence From April 19

Australian Regulators To Review Binance’s Local Derivatives Operations

In addition to challenges with U.S. regulators. The biggest cryptocurrency exchange Binance has also encountered difficulties with Australia’s Securities and Investments Commission (ASIC). Many traders were incorrectly labelled “wholesale investors,” and on Thursday, Binance liquidated their derivatives accounts. Then, the company announced its intention to compensate those consumers who were

February 25, 2023 2 mins read

Binance Plans Hiring New Staff For Operations in Romania

The biggest cryptocurrency exchange by trading volume, Binance, plans to employ a lot of people this year for its technological center in Iași, Romania. Since opening the center in 2022, the firm has been actively hiring new employees. The Romania Insider portal said that opportunities for IT professionals exist across

February 24, 2023 1 min read

Ark Invest’s Cathie Wood Buys Huge Pile of Coinbase Stock

Ark Invest, Cathie Wood’s investment management business, has made its biggest purchase of Coinbase shares ever. Cathie Wood is unfazed by Coinbase’s declining sales and regulatory uncertainties in the U.S. crypto sector. Quarter 4 revenue for Coinbase was $605 million, down significantly from $2.49 billion in the same period last

February 23, 2023 1 min read

Coinbase Announces Launch of Layer-2 Ethereum-based Network

Earlier today, Coinbase announced the release of Base, it’s very own layer-2 network built on Ethereum. According to the business, millions of new decentralized applications will be able to make use of Base. Since it will serve as an open ecosystem for Coinbase’s on-chain products. Moreover, according to Jesse Pollak,

February 23, 2023 2 mins read

Binance’s Entry Into South Korea Under Scrutiny by Regulators

The arrival of Binance, a major cryptocurrency exchange, into the South Korean market has caused concern among the country’s financial regulators. Binance, the biggest cryptocurrency exchange in the world, returned to South Korea on February 3. After a two-year absence by acquiring a controlling stake in the fifth-largest cryptocurrency exchange

February 23, 2023 2 mins read

CoinEx Settles With NYAG for $1.7M in Refund and Penalties

New York Attorney Files Lawsuit Against CoinEx Over State Registration

Since the U.S. Securities and Exchange Commission’s (SEC) assault on crypto businesses, scrutiny of crypto players in the U.S. continues. In the latest development, an attorney from New York has filed a complaint with regulators over a cryptocurrency exchange. Global regulatory agencies stepped up their attempts to standardize crypto market

February 23, 2023 2 mins read

Binance Collaborates With French Payments Firm Ingenico

Binance, a cryptocurrency exchange, and Ingenico, a payments company located in France, have announced strategic cooperation to facilitate cryptocurrency payments in the country of France. On February 22nd, Binance announced that it has teamed with Ingenico, a global payment solutions organization, to make using Binance Pay a breeze. The company

February 22, 2023 1 min read

USDC Holdings by Binance on the Rise Amid Recent BUSD Event

The quantity of USD Coin (USDC) held on Binance has been increasing this week, as reported by Martin Lee, a data journalist for Nansen. Lee said on Tuesday through Twitter, that it is interesting to watch the number of USDC on Binance climb so much after the BUSD event. According

February 22, 2023 1 min read

Coinbase Updated Q4 Revenue, Transaction Volume Continues to Drop

Cryptocurrency exchange Coinbase outpaced revenue forecasts for the fourth quarter of 2022. Its transaction volume continued to drop. A year after Coinbase made $840 million in net profits during the height of cryptocurrency growth. And the company reported a $557 million net loss. As per reports, for the fourth quarter,

February 22, 2023 1 min read

FTX Japan Announces Resuming User Withdrawals Today

After charges were hurled against the FTX’s former CEO, Sam Bankman-Fried, the ailing cryptocurrency exchange has gotten involved in controversies and scandals. In spite of the termination of its services on November 8, FTX Japan, the exchange’s Japanese branch, has lately indicated that it would respect withdrawals of client cash.

February 21, 2023 1 min read