Fri, August 28

Binance recruitment in El-Salvador

Binance has a watchful eye over every step they proceed.  El-Salvador is in the process of becoming crypto capital. Binance, the largest crypto exchange platform, recently seems to have appointed 40 people and is planning to employ 60 more. The employment is made for Customer Service Representative roles in bilingual

May 30, 2022 1 min read

FTX CEO Reveals Hunt For New Acquisitions and Growth Involving Billions

FTX has made $1.56 billion in crypto transactions in the last 24 hours. More than $2 billion has been raised by the FTX crypto exchange and its parent firm. In an interview with Bloomberg’s Allyson Versprille and Yueqi Yang on Friday, FTX CEO Sam Bankman-Fried said that the company is

May 30, 2022 1 min read

Binance Steps Up KYC Standards, Partners With Kharon and Neterium

Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data

May 29, 2022 1 min read

Top Coinbase Executives Sold Their Stocks Worth $1.2B

Coinbase’s stock has lost more than 80% of its value since its first public offering (IPO). The company has taken a more aggressive approach to the NFT sector. According to reports, top Coinbase executives have reportedly sold shares worth $1.2 billion. There are four executives included in this report: Brian

May 29, 2022 1 min read

Prominent Exchange Binance Receives Regulatory Approval in Italy

The absence of an official headquarters has led to regulatory scrutiny of the exchange. The exchange has inked a memorandum of understanding with the Kazakh government. Binance, the world’s biggest cryptocurrency exchange by volume of transactions, is now a legally recognized organization in Italy. According to a news statement issued

May 27, 2022 1 min read

Popular Exchange Huobi Global Acquires Latin America Based Bitex Exchange

Huobi Global, the world’s top crypto asset exchange, revealed on Thursday that it had acquired Bitex, a prominent cryptocurrency exchange in Latin America.  Despite Huobi now being the parent firm of Bitex, which was established in 2014, the trading platform will continue to use its current branding and management team.

May 27, 2022 1 min read

South Korean Ruling Party Summons Exchanges For Damages Caused by LUNA Fall

It will be convened on May 24th by the Party Policy and Virtual Asset Committees.  South Korean authorities are taking measures to freeze the assets of the LFG. Korea’s governing party is convening a meeting to address LUNA’s demise, according to reports from the Newspim news agency. Representatives from the

May 24, 2022 1 min read

Litecoin (LTC) MWEB Update Draws Warnings From South Korean Exchanges

Almost two and a half years ago, the MimbleWimble update idea was initially put forward.  MWEB not only enhances LTC privacy but also improves the overall efficiency. As a result of Litecoin’s latest privacy-focused MimbleWimble update on the LTC blockchain, two of the top crypto exchanges in Korea issued investment

May 24, 2022 1 min read

Renowned Crypto Exchange FTX to Offer Stock Trading Feature

Users will also be able to fund their brokerage accounts on FTX using stablecoins. The exchange claims it will not be paid for order flow (PFOF). FTX, a cryptocurrency exchange, is starting stock trading for its users in the United States via its U.S. branch. Bankman-Fried, the wealthy co-founder, said

May 21, 2022 1 min read

BitMEX Co-founder Sentenced 2 Years’ Probation and 6 Months House Arrest

In June, there will be a hearing for Hayes co-founders who admitted guilt with Hayes. Hayes, Delo, and Reed have each been fined $10 million. After being convicted of breaking the US Bank Secrecy Act, Arthur Hayes has been sentenced to two years of probation and six months of home

May 21, 2022 1 min read