The digital wallet platform of crypto exchange giant Coinbase, Coinbase Wallet, has announced a new incentive structure for USDC, a stablecoin tethered to the US dollar. On the Coinbase-incubated Layer 2 network Base, users who hold USDC in their Coinbase Wallet now have the opportunity to earn a 4.7% annual
Today, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world in terms of both trading volume and users, announced the launch of its official WhatsApp channel, verified by the messaging app. With the launch of this new channel, Binance becomes one of the first global cryptocurrency exchanges to have
The worldwide client base of Crypto.com will have access to a wide variety of new global merchants as a result of a strategic relationship that was recently announced between Triple-A and Crypto.com. Crypto.com users will soon be able to make purchases from renowned e-commerce companies directly using cryptocurrency from inside their
The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for
An announcement was made on Tuesday stating that Gemini, the cryptocurrency exchange established by the Winklevoss twins in the United States, is beginning operations in France. As the extensive Markets in Crypto-Assets regulation starts to transform the interaction between the trading bloc and the crypto sector, this step signifies the
Polter Finance, a platform that lets people borrow and lend cryptocurrency caught into a Crypto hack on November 18, 2024, and over $7 million was stolen. How the Crypto Hack has Happened The hacker used TornadoCash, which lets people send cryptocurrency. Which is to hide where the stolen funds came
The arrest of SK Masud Alam, a resident of West Bengal, by the Delhi Police in relation to the ₹2,000 crore hack on cryptocurrency exchange WazirX is a significant development. Allegedly, Alam used a phony account to launch the assault, which sought to compromise both the hot and cold wallets
London-based fintech firm Revolut announced Wednesday that it is expanding its cryptocurrency platform, Revolut X, to serve users across 30 new markets in Europe. Targeted at experienced traders, the platform is set to provide access to a wide selection of digital assets, along with tools for real-time analysis and market
Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top
According to statistics provided by DeFiLlama, Binance, which is the leading blockchain ecosystem in the world and the biggest cryptocurrency exchange in terms of trading volume and users, has achieved two consecutive billion-dollar inflow weeks. This brings the total amount of net inflows for the month of November to more than
