With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpeles—former CEO of Mt. Gox—said that he plans to launch his new cryptocurrency exchange later this month with an emphasis on transparency and user-friendliness. Using Poland as its hub, the soon-to-be platform EllipX will
Binance, the global blockchain ecosystem that powers the world’s biggest crypto exchange by trading volume and users, has announced the imminent launch of its Solana Staking product, Binance SOL Staking, which will go live later this September. With Binance Staked SOL (BNSOL), users will be able to securely stake their Solana (SOL) tokens
After burning an additional 1.19 billion Terra Classic tokens, Binance’s LUNC burn totaled approximately $65 billion. In the midst of a wider crypto market selloff and discussions about validators violating chain rules, the price of Terra Classic token in spot and derivatives markets has not recovered this time. Binance, a
As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into
On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate
This summer, SunPump has emerged as a standout product in the crypto market, sparking a new wave of the meme coin craze. As the first fair launch and trading platform for meme coins on the TRON ecosystem, SunPump has managed to rival its competitor, Pump.fun on Solana, in daily coin
The cutting-edge, technologically advanced payments bank Banking Circle S.A. and Binance Pay, a leading cryptocurrency contactless payment technology, have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Since, EURI is now integrated into Binance Pay, users may deal with this stablecoin with ease, increasing
A new development has occurred in the ongoing FTX restructuring proceedings; the case’s United States trustee has voiced strong concerns to the crypto exchange’s revised reorganization plan. Although the FTX estate claims that the proposed plan has the backing of many creditors. The trustee Andrew Vara and other creditors have
Kraken, a prominent cryptocurrency exchange, is under increasing legal pressure after a US court rejected its request to dismiss the SEC lawsuit. The most recent court filing states that US District Judge William H. Orrick rejected Kraken’s request and directed the exchange to respond to the “complaint” within twenty days.
