Tue, September 1

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

Binance Announces Launch of Web3 Oracle Network

More than 10 BNB Chain projects have implemented smart contract integration. Binance Oracle will facilitate the use of inputs and outputs from the real world in smart contracts. Binance, the largest cryptocurrency exchange platform, revealed a decentralized Web3 oracle on October 26. In this capacity, the Binance Oracle will operate

October 28, 2022 2 mins read

Sam Bankman-Fried Says FTX Plans to Issue Stablecoin

FTX exchange plans to create stablecoin. FTX Token traded at $24.55 with a price surge of over 8% in the previous week. FTX one of the prominent cryptocurrency exchange CEO Sam Bankman-Fried stated, in a recent interview that the company is presently working to create a stablecoin. Stablecoin is known

October 27, 2022 1 min read

BitMEX CEO Alexander Hoeptner Steps Down

The BitMEX native token, BMEX, will be listed before the end of next year. This past February, the business airdropped 1.5 million BMEX. After Alexander Hoeptner quit “with immediate effect,” BitMEX nominated chief financial officer Stephan Lutz as interim CEO. The corporation has said that Lutz will remain in his

October 25, 2022 1 min read