Fri, February 7

U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

The cryptocurrency exchange requested a stay of proceedings until dispute is resolved. The defendant has requested the court to not reject the intervention plea. Coinbase, the biggest cryptocurrency exchange in the United States, has come under SEC inspection for purportedly offering securities on its website. The exchange now faces even

August 11, 2022 1 min read

Upbit Announces Committee Setup to Refund Terra Investors

Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit. The whole Terra ecosystem crashed in May, making it a very terrible month. Upbit, the leading virtual asset exchange in

August 11, 2022 2 mins read

SEC Continues Stand Against Coinbase’s Crypto-Staking Program

Coinbase has received investigative subpoenas and requests from the SEC. Coinbase committed to a productive discussion with the SEC. The US Securities and Exchange Commission is investigating Coinbase Global Inc’s staking programs that made the exchange enable customers to receive rewards for holding particular cryptocurrencies. Coinbase disclosed this in its

August 11, 2022 2 mins read

In-depth Review of Prominent Crypto Exchange: MoonXBT

What is MoonXBT? MoonXBT is the world’s first social trading platform for cryptocurrencies. The Cayman Islands-based cryptocurrency exchange was established in 2021. The exchange offers its customers a broad range of trading products, allowing them to execute their trading plans effectively with enough liquidity to back them up. Introduction: A

August 10, 2022 6 mins read

Support For 100+ ERC-20 Tokens Added by Bitcoin.com Wallet 

Users of the Bitcoin.com Wallet, a non-custodial wallet program built by Bitcoin.com, may now keep, manage, and trade a huge number of ERC-20 tokens from a single app. Because the Bitcoin.com Wallet is completely non-custodial, the risk associated with third-party custodians is eliminated. Most people will use it to make

August 10, 2022 1 min read

Coinbase’s Q2 Below Par Earnings Leads Stock Price to Fumble

Analysts had expected Coinbase to bring in $832.2 million in revenue. The overall number of people using the platform decreased by 200,000. Following a disappointing second-quarter earnings announcement, the price of Coinbase shares has fallen by more than 4% in after-hours trading and is down 10% today.  Analysts had expected

August 10, 2022 1 min read

Binance CEO Shares IMF Study on Crypto Energy Consumption

DLT networks may have a significant impact on the amount of energy used by assets. Energy-efficient contactless payments might be implemented for CBDCs. An IMF research report on how DLT-based payment systems might have a lower energy and environmental impact than current methods was tweeted by Binance CEO Changpeng Zhao

August 9, 2022 2 mins read

Avalanche (AVAX) and Stellar (XLM) Now Listed on Robinhood

Over the last 7 days, AVAX has increased in price by more than 30%. Robinhood’s chief product officer Aparna Chennapragada has left the company. Avalanche (AVAX) and Stellar (XLM) were added to the Robinhood cryptocurrency exchange’s list on Monday. Cryptocurrencies like Shiba Inu (SHIB) and Chainlink (LINK) have recently been

August 8, 2022 2 mins read

Verbal Scuffle Between Binance CEO and WazirX CEO Continues

Nischal Shetty asked in his tweets to reveal Binance’s parent company. According to Binance’s CEO, WazirX did not cooperate with them. On Saturday, the verbal scuffle between Binance CEO Changpeng Zhao and WazirX CEO Nischal Shetty reached a different level. The CEOs of both crypto exchanges are criticizing each other

August 7, 2022 2 mins read

Binance CEO ‘CZ’ Meets CAR President Over Crypto Adoption

Cryptocurrency education and investment opportunities were discussed. The CEO of Binance also spoke on the country’s crypto regulatory frameworks. Central African Republic (CAR) President Faustin-Archange Touadéra met with Binance CEO CZ on Friday to address education, investments and regulatory frameworks. CEO of Binance said previously that he will spearhead the

August 6, 2022 2 mins read