Fri, August 29

Coinbase’s Head of Exchange Reportedly Resigns Amid Regulatory Scrutiny

Coinbase’s head of exchange, Vishal Gupta, is allegedly departing the company after more than two years. Coinbase is the largest cryptocurrency exchange in the United States. Bloomberg reported on April 10 that Gupta had decided to leave Coinbase but would continue in the cryptocurrency industry, leading some to speculate that

April 11, 2023 2 mins read

Gemini Founders Inject $100 Million To Revive Struggling Crypto Exchange

Now that Gemini Trust Co.’s wealthy founders, Tyler and Cameron Winklevoss, have invested their own money in the struggling cryptocurrency exchange, users have reason to be optimistic. As a result of the year-long bear market for cryptocurrencies, Gemini has had to deal with a number of setbacks and regulatory obstacles.

April 11, 2023 1 min read

Binance Partners With Africa’s Video Streaming Platform ‘Showmax’

In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel

April 10, 2023 2 mins read

South Korean Centralized Crypto Exchange GDAC Reports $13.9 Million Hack

The GDAC cryptocurrency exchange in South Korea was hacked for around $13.9 million. According to an April 10 release from GDAC CEO Han Seunghwan, the exchange has paused all deposits and withdrawals while it performs emergency system work in reaction to the assault. The notification claims that the attacker got

April 10, 2023 1 min read

Will Binance Choose To Disclose Ownership To Avoid Another FTX Chaos?

In the wake of the FTX’s fall, most regulators and lawmakers worldwide are tightening their regulatory stance towards the crypto industry. Specifically, the US regulators — SEC, and CFTC – pulled in major crypto exchanges including Binance, Coinbase, and Kraken under their keen regulatory radar. Binance, the largest cryptocurrency exchange,

April 10, 2023 3 mins read

Justin Sun Led Huobi Global Records $30 Million Profit in Q1 2023

Tron founder and Huobi Global adviser Justin Sun said Monday that the company made $30 million in the first quarter. This development coincides with Justin Sun’s intention to apply for a Hong Kong license as a virtual asset service provider for Huobi. On April 10th, Justin Sun tweeted that Huobi

April 10, 2023 1 min read

Bybit to Accept ChainGPT Token Deposits on Spot Trading Platform

Bybit cryptocurrency exchange platform has announced that it will accept ChainGPT (CGPT) token deposits on April 10 at noon UTC. This is a significant step forward for ChainGPT. That aims to revolutionize machine learning and natural language processing within the cryptocurrency industry. 📷 $CGPT @Chain_GPT deposit is open on Bybit

April 10, 2023 2 mins read

Bybit Enables Margin Trading by Integrating StETH Into Its Unified Trading Account

Today, Bybit, the third-most visited cryptocurrency exchange in the world, finished integrating staked Ether (stETH) in preparation for Ethereum’s Shanghai upgrade. Users can use their ETH for margin trading and earn interest on it thanks to this ground-breaking innovation. Customers of Bybit can either buy stETH directly from the Spot market

April 10, 2023 1 min read

Huobi Soon To Launch ROCK, the Rebranded Version of PGALA

Huobi, one of the world’s leading cryptocurrency exchanges, has announced the completion of its rebranding of PGALA to ROCK and has also revealed plans to launch the ROCK token. The rebranding of PGALA to ROCK reflects the exchange’s commitment to offering its users a diverse range of services and products.

April 10, 2023 2 mins read

Binance Futures Issue Resolved, CZ Cites Server Issues As Reason

The largest cryptocurrency exchange in the world, Binance, reported that its “Futures users were experiencing some wide problems with the platform.” It stated that its team is attempting to find a solution and that users will receive updates as they become available. Changpeng Zhao (CZ), CEO of Binance, made the

April 10, 2023 1 min read
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