One of the top three cryptocurrency exchanges in the world by volume, Bybit, unveiled its Unified Trading Account (UTA) in 2023. This all-inclusive trading platform unites futures, options, perpetual, spot trading, and margin trading under a single account structure, improving trading flexibility and capital efficiency. With UTA being used by
In a statement published on the exchange’s blog on March 27, crypto exchange KuCoin’s CEO Johnny Lyu announced that the exchange would be holding an airdrop of Bitcoin and its native KuCoin (KCS) token valued at $10 million. The announcement follows two days after the exchange and two of its
Users of the OKX exchange have reported that their cryptocurrency accounts were showing an incorrect amount due to an API error. Some OKX users’ balances showed zero dollars, while others displayed tens of millions of dollars, according to a report on X from Wu Blockchain. It seems that thousands of
The U.S DOJ have filed charges against Kucoin Exchange and its co-founders Chun Gan and Ke Tang, alleging that they broke many laws in their pursuit of building a dominant trading platform in the emerging cryptocurrency market. United States Attorney for the Southern District of New York Damian Williams and
In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request
The largest layer-1 blockchain by user count, BNB Chain, and Binance Academy, the crypto learning hub of Binance, have teamed to launch a new online course called “BNB Chain Developer Specialization“*. The course’s goal is to give aspiring Web3 software developers the tools they need to promote growth in the
As part of its bankruptcy settlement, the now-defunct cryptocurrency exchange FTX is reportedly planning to sell its about $1 billion stake in artificial intelligence company Anthropic, as reported by CNBC on March 22. The report states that Anthropic is in the process of evaluating potential investors to buy the stake,
Crypto exchange OKX has decided to end its operations in India, about three months after nine international exchanges were sent compliance letters by the Financial Intelligence Unit (FIU) of India’s Ministry of Finance. Please close your accounts and withdraw your assets before April 30th, OKX said in a notification addressed
Following its recent spate of unscheduled failures, crypto exchange Coinbase has said that it would have to upgrade its infrastructure in order to adequately address the problem. If Coinbase wants to significantly reduce the number of outages it has had in the last several weeks, it has to invest heavily
In an effort to secure the release of the Binance executives currently jailed in Nigeria, officials from the Nigerian High Commission in Kenya were met with by the Blockchain Association of Kenya (BAK). Nadeem Anjarwalla is a member of the group and a colleague of Binance’s who is now detained
