Just one cryptocurrency exchange in Uzbekistan has been granted a license so far. Uzbek residents are urged by the NAPP not to utilize illegal exchanges. According to data collected by the National Agency of Prospective Projects (NAPP) in Uzbekistan, the number of unlicensed online platforms offering crypto-related services to citizens
Hotbit halted a withdrawals, following the asset freeze by legal authorities. Authorities have charged a former employee for criminal activity. The cryptocurrency exchange Hotbit has stated that the exchange suspended all trading, deposits, withdrawals, and funding on its platform. According to the exchange, law enforcement has subpoenaed several senior officials
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
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
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
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
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
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
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
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
