BaFin, Germany’s Federal Financial Supervisory Authority, has mandated that Coinbase’s German subsidiary get its house in order. BaFin, Germany’s financial regulator, has said that it has discovered irregularities in how Coinbase Germany operates. The company’s corporate structure was criticized for allegedly violating applicable regulations. Moreover, after conducting an audit, the
The attacker began transferring the stolen assets less than a week after attacking one of the top cryptocurrency derivatives exchange, Deribit. Hacker sent 1,610 Ether (ETH) worth over $2.5 million to the U.S. sanctioned crypto mixer Tornado Cash on November 5, leaving roughly 7,501 ETH remaining. Reports of a $28
The cryptocurrency trading platform BitMEX announced on Tuesday that its native BMEX coin would begin trading on November 11. Members who hold and stake BMEX tokens on the BitMEX platform will get access to discounted trading fees, staking awards, fee-free withdrawals, and other premium features. With the debut of BMEX
Liquidity in a cryptocurrency exchange is essential for fair price discovery. It further signifies confidence that the exchange commands amongst its users. MEXC has consistently performed well in this aspect. Even during the worst month in 2022, according to crypto trading volumes, MEXC has outperformed its competitors by huge margins.
Changpeng Zhao (CZ), CEO of Binance, said yesterday in a tweet that the exchange is still holding Terra Luna Classic (LUNC) in its inventory. He mentioned this while suggesting that the firm was uninterested in Alameda Research’s offer. To swap its FTT holdings over the counter at a premium price.
Despite the sustained decline in cryptocurrency prices, crypto exchange Gemini stated today that it has expanded its services to five additional European countries, increasing its total number of European countries where it operates to 12. Over a hundred cryptocurrencies, including dozens of DeFi tokens, are accessible to traders in Croatia,
Binance has changed the frequency of its Terra Classic (LUNC) burn mechanism from once every week to once every month. The trading costs on LUNC spot and margin trading pairs on Binance have resulted in the burn of 13.712 billion LUNC tokens so far. In addition, more than 26.361 billion
Binance, sensing the worldwide vigor for soccer, has announced a new online challenge in which participants have the chance to win a variety of incredible prizes, including over $1,000,000 in tokens, limited-edition NFTs, and premium club experiences like player meet-and-greets and training ground tours. Launching on November 7th, Binance’s “Football
FTX is third only to a George Soros-owned corporation and a firm called Uline. The efforts may pay off in the form of improved regulation for the cryptocurrency industry. Sam Bankman-Fried, a crypto billionaire, is one of the biggest contributors to the 2022 U.S. midterm elections. It has been shown
A max of £1,000 in a single transaction and £3,000 in a rolling 30-day period has been set. It will implement a block on real-time transactions to cryptocurrency exchanges from 2023. Users of Santander will soon be unable to make cryptocurrency purchases. Customers of Santander have reportedly been sent an
