Tue, January 13

Binance Reopens in India After Fulfilling $2.25M Penalty and Registration

All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine

August 13, 2024 2 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

Robinhood Appoints AI Expert Jeff Pinner as New CTO

Investors are taking notice of Robinhood after the company named AI expert Jeff Pinner as its new CTO. The news comes as the HOOD stock has been through some rough trading as of late, falling almost 20% in the last month. The statement caused the stock price to rise more

August 13, 2024 2 mins read

Bybit and DMCC Extend Collaboration to Strengthen Dubai’s Crypto Ecosystem

The second-biggest cryptocurrency exchange in the world by trading volume, Bybit, announced that it and Dubai Multi Commodities Centre (DMCC) have extended their strategic collaboration. Following a year of fruitful cooperation, Bybit is excited to announce that it has transitioned from a major ecosystem partner to an advisory role, therefore

August 12, 2024 2 mins read

Binance Sets Record as First Crypto Brand to Hit 1 Million YouTube Subscribers

Binance, the global blockchain ecosystem behind the world’s biggest cryptocurrency exchange, revealed today that it now has a remarkable 1 million subscribers on its official YouTube channel, making it the first crypto brand to achieve this milestone. The rapid growth of Binance’s YouTube channel is attributed to the success of its

August 9, 2024 2 mins read

WazirX Confirms Restoring User Portfolios to Hack Day State

Panic and fury continue to peak among the Indian crypto community as the crypto exchange WazirX struggles to devise a clear, less controversial recovery plan after the $230 million hack. Following the backlash received from users’ feedback, WazirX plans to reverse trades and restore balances of all user portfolios on

August 8, 2024 2 mins read

U.S Court Approves $12.7 Billion Repayment Plan for FTX Creditors

Final clearance for the $12.7 billion repayment to FTX creditors as part of the settlement with the US Commodity Futures Trading Commission (CFTC) was given by a New York court for the now-defunct crypto exchange FTX and its sister trading business Alameda Research. Judgment on the $12.7 billion settlement agreement

August 8, 2024 1 min read

Bybit Hits Record-Breaking 107 Billion Daily Trading Volume

Bybit, the world’s second-largest cryptocurrency exchange by trading volume,  today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position

August 7, 2024 2 mins read

Coinbase’s Q2 Revenue Dips 11% in at $1.45B Over Previous Quarter

Despite a year-over-year increase of more than 100%, Coinbase’s second-quarter revenues were down slightly from the previous quarter. Total revenue for the quarter came in at $1.45 billion, down 11% from the first quarter. Declining consumer transaction revenues contributed to this decline. Q2 customer transaction revenues for Coinbase were $665

August 2, 2024 1 min read

Bybit Exits French Market Following Ongoing Regulatory Shifts

Bybit, a cryptocurrency exchange, has decided to pull out of the French market. French users will be unable to buy any products, create new positions, or edit existing ones beginning August 2 at 8:00 UTC. A press statement from Bybit said that the decision applies to all of their products.

August 2, 2024 1 min read
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