Rain, a Middle Eastern cryptocurrency exchange, announced that its Abu Dhabi branch has been granted a license to provide brokerage and custody services for virtual assets in the UAE. Coinbase-backed Rain, located in Bahrain, has announced that its subsidiary in the Abu Dhabi Global Market financial freezone would soon provide
Bitget, a crypto platform has brought some innovations with its rebranding in a smart way. In order to bring an efficient and safe environment for the crypto industry for trading, engagement, and commitment. List of Bitget Upgrades The newer vision of crypto trading is enabled by the wisdom of empowering
Binance, the leading crypto exchange, announced that it would remove several trading pairs on July 26. The sudden announcement has sparked a debate in the crypto market. On July 24, the crypto exchange Binance tweeted an announcement mentioning that it would remove some spot trading pairs and stop trading at
Indonesia’s plans to launch a crypto exchange for the nation before the beginning of August 2023. The Chief of the Commodity Futures Trading Regulatory Agency (Bappebti) has declared that the launch will happen as per the protocols of various stress testing. The chief of Bappebti, Didid Noordiatmoko has stated: “…we
FTX, one of the leading crypto exchanges, and Alameda hope to recover more than $71 million from FTX’s philanthropic arm. The bankrupt firm is taking steps to recover the funds for its customers. FTX Foundations announced their partnership with Latona. According to the case file, through the partnership, Latona has
Binance, the world’s largest crypto exchange, announced that it had completed its 24th quarterly burn. There is a massive amount of BNB tokens that are burned in this quarterly burn. This time, the exchange includes the Auto Burn as well as the Pioneer Burn program. The 24th quarterly $BNB token
Arkham Intelligence, the blockchain analytics platform, has announced that Arkham Beta is complete and the platform is now available for all users. Arkham Intel Exchange is the world’s first on-chain intelligence exchange platform that allows users to buy and sell information anonymously on the owner of any blockchain wallet through
According to the BNB burn portal, Binance will burn 1.99 million BNB tokens as part of its 24th quarterly burn mechanism. To reduce the total number of BNB tokens in circulation, Binance has implemented a process called BNB Auto-Burn. The BNB price has been stuck around the $250 mark for
After just one year of their five-year agreement, Binance has ended it, alleging a violation of contract on the side of the Argentina Football Association (AFA). Binance signed a five-year contract in January 2022 to be the primary sponsor of Argentina’s successful national soccer team and the naming sponsor of
The G20, an intergovernmental forum, has stated that globally agreed rules leave crypto firms with no option. However, it will introduce a basic safeguard to avoid the blowups experienced at the FTX exchange and other crypto firms. On July 17, the Financial Stability Board (FSB) revealed the final recommendations by
