Sun, February 1

Santander Sets Transaction Limits on Payments to Crypto Exchanges

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

November 5, 2022 1 min read

Crypto Exchange OKX Registers as Digital Asset Business in Bahamas

FTX has also established a new base of operations in the Bahamas. According to the press release, OKX has also registered under the DARE act. OKX, the exchange behind the OKB cryptocurrency, has registered as a Digital Asset Business in the Bahamas, according to a business news release, which has

November 4, 2022 2 mins read

Coinbase Witnesses a Third-Quarter Loss as Volumes Fall

Coinbase’s transaction revenue has decreased by 44% from the second quarter. Transaction revenue had dropped from $655.2M in the second quarter to $365.9M. Coinbase, the US-based cryptocurrency exchange platform’s transaction revenues, dramatically decreased in the third quarter amid the global crypto market collapse. On Thursday, Coinbase (COIN) stated that the

November 4, 2022 1 min read

Crypto Exchange Kraken Launches NFT Marketplace

Kraken will initially host over 70 NFT collections based on Ethereum and Solana. NFT marketplace behemoth Opensea is a formidable opponent for Kraken. While demand for digital collectibles continues to fall. Kraken, the sixth-biggest cryptocurrency exchange in the world, is releasing its new NFT marketplace today. With the assurance of

November 3, 2022 2 mins read

Robinhood Registers $175M Net Loss in Q3 2022

Bitcoin and Ethereum are still ranging in a confined range. Shares gained almost 4% in after-hours trading, reaching about $12. Even as Crypto winter warms up, the investment app Robinhood is still feeling the effects. The firm said on Wednesday that its revenue from cryptocurrency transactions had dropped by 12%

November 3, 2022 1 min read

Binance Plans for Bank Acquisition With Over $1B Takeover Deals

Binance is considering purchasing a bank soonly, as per Changpeng Zhao. CZ stated that the exchange is open to minority investments. Changpeng Zhao, the Binance CEO, has the desire to venture into traditional finance. According to the latest report, the world’s largest trading platform’s founder, CZ, is considering purchasing a

November 3, 2022 2 mins read

Hacker Steals $28M From Crypto Exchange Deribit

Deribit places 99 percent of its cash in cold storage. Withdrawals would not be allowed until full control is regained. This year, crypto hacking has become a serious problem for some of the most prominent cryptocurrency exchanges. Recently, Deribit has just fallen victim to a hack. The Deribit cryptocurrency exchange

November 2, 2022 1 min read

Binance CEO CZ Interested in Joining Twitter Board If Approached

The question of who will serve on Twitter’s board of directors is still being debated. Zhao discussed the proposal at a technological conference in Portugal. The gigantic social media platform, Twitter, has seen rapid transformation since Elon Musk gained control. And there’s more to come as Binance CEO Changpeng Zhao

November 2, 2022 1 min read

Elon Musk Rejected FTX CEO’s Investment Offer of $8B-$15B

Sam Bankman-Fried, expressed early interest in making an investment. Musk and FTX CEO Sam Bankman-Fried had a short text conversation in April. An agreement for Elon Musk, the wealthiest man in the world, to purchase Twitter was finalized on Friday, October 28. Since then, a lot has taken place, with

October 30, 2022 2 mins read

Trading Volume of Crypto.com Plummets 91% Amid Bear Market

Crypto.com’s Matt Damon advertisement was tepid at best. The exchange paid $700 million for naming rights in November of Staples Center. Crypto.com’s exchange volume isn’t looking particularly good at the moment.  As reported by CoinGecko, since last year, Crypto.com has seen its normalized exchange volume plummet by 91%, from $4

October 29, 2022 2 mins read
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