Wed, October 14

Defunct Crypto Exchange Bitzlato Allows 50% Withdrawal For Users

Despite being formally seized by European authorities, the Russia-connected cryptocurrency exchange Bitzlato has partly restored access to customer funds. Due to enforcement from the United States and Europol. Bitzlato has allowed its customers to withdraw up to 50% of assets locked on the platform. The company said on its Telegram

March 23, 2023 1 min read

Cathie Wood Sells Portion of Coinbase Shares Capitalizing 12% Price Surge

Shares in Coinbase (COIN) are being sold by Cathie Wood’s investment management company, Ark Invest, for the first time since July of last year. Cathie Wood claimed in October that Bitcoin will reach $1 million by 2030, prompting Ark Invest to begin a big purchasing frenzy of Coinbase shares. Concerns

March 22, 2023 2 mins read

SushiSwap CEO Proposes Legal Defense Fund Amid SEC Serving Subpoena

The U.S. Securities and Exchange Commission (SEC) has subpoenaed SushiSwap and its CEO, Jared Grey, shocking the cryptocurrency market. The firm is in the midst of conversations with the financial watchdog. And has so far refrained from making any public comments related to the probe. Moreover, Jared Grey reported on

March 22, 2023 1 min read

Coinbase Will Soon List Arbitrum (ARB) Token

Coinbase joined the queue of crypto exchanges that support Arbitrum token’s – ARB – listing. On Twitter, the exchange officially announced that will list Arbitrum (ARB) as the new asset listing.  Asset added to the roadmap today: Arbitrum (ARB)https://t.co/rRB9d3hSr2 — Coinbase Assets (@CoinbaseAssets) March 20, 2023 This listing update from

March 21, 2023 2 mins read

Crypto Exchange OKX Exits Canada Market Citing Regulatory Concerns

Several cryptocurrency companies have rethought their strategies and even pulled out of certain countries due to the regulatory uncertainty that has plagued the crypto business in recent years. One recent instance of this pattern is the news that cryptocurrency exchange OKX would stop operating in Canada as of June 22,

March 20, 2023 1 min read

Crypto Exchange Binance Announces Listing of Arbitrum (ARB) Token

Binance, a cryptocurrency exchange, has announced the trading of the Arbitrum (ARB) token in the pairings ARB/BTC and ARB/USDT. With withdrawals commencing on March 24 at 17:00 UTC. Moreover, cryptocurrency derivatives exchange BitMEX has now released Arbitrum (ARB) futures that are margined in USDT, just in time for the much-anticipated

March 20, 2023 2 mins read

BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Trading markets saw a surge of comfort as a result of the last-minute actions made by global financial authorities to avoid the banking disaster. The largest digital currency, Bitcoin (BTC), witnessed a spike of 5% on Monday, allowing it to break the $28,000 barrier after a long time. BitMEX’s previous

March 20, 2023 1 min read

Binance Replaces BUSD Stablecoin in ‘SAFU’ Fund With TUSD and USDT

Binance introduced the “Secure Asset Fund for Users” (SAFU) on January 29, 2022; the SAFU is a $1 billion emergency insurance fund designed to protect Binance users in the case of a disaster. The SAFU fund’s initial holdings included BNB, BUSD, and BTC. Binance has replaced BUSD in the fund

March 18, 2023 1 min read

Coinbase Reportedly Eyeing Global Expansion Amid Regulatory Scrutiny

US-based crypto exchange Coinbase is apparently in discussions to establish a trading platform for its foreign consumers. Apparently, the exchange has been in contact with its institutional customers regarding the possibility of implementing a new platform. With the current assault on the crypto sector by US regulatory authorities, it is

March 18, 2023 2 mins read

Hong Kong SFC Grants Signum Digital Approval For Security Token Offering

Coinstreet and Somerley’s joint venture Signum Digital has revealed that their security token offering (STO) and subscription platform has been given an “approval-in-principle” by the Hong Kong Securities and Futures Commission (SFC). Security tokens are a new kind of digital asset based on blockchain technology. It reflects ownership of tangible

March 18, 2023 2 mins read