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CryptoCurrency

Digital Bank is Taking on Coinbase with a New Crypto Trading Platform

  • Revolut is launching an advanced crypto trading platform with low fees.
  • The new exchange targets seasoned traders, aiming to compete with top industry players.
Monday, 19/02/2024 | 10:24 GMT by Damian Chmiel
CryptoCurrency

Coinbase Turns Solid Profits in Q4: Shares Jump 14% Afterhours

  • The exchange reported a quarterly profit of $273.4 million.
  • It generated a transaction revenue of $529 million, a surge of 84 percent.
Friday, 16/02/2024 | 06:23 GMT by Arnab Shome
CryptoCurrency

FTX Hack Was Not an Inside Job: US Prosecutors Charge 3 for SIM-Swap Fraud

  • The three individuals impersonated an FTX employee to siphon $400 million.
  • The attack came hours after FTX and its affiliates filed for bankruptcy.
Friday, 02/02/2024 | 05:30 GMT by Arnab Shome
CryptoCurrency

Bitget Advances Crypto Security with MPC Technology Upgrade

  • The crypto exchange boosts wallet security with MPC technology upgrade.
  • It now utilizes Trusted Execution Environment technology.
Friday, 26/01/2024 | 10:00 GMT by Damian Chmiel
CryptoCurrency

Bitget Unveils New Smart Copy Mode to Help Novice Crypto Traders

  • The new feature lets users invest based on total assets.
  • Upgraded copy trading and separate futures accounts should enhance user protection.
Wednesday, 24/01/2024 | 10:00 GMT by Damian Chmiel
CryptoCurrency

Bitget Introduces GetScribe for Improved Blockchain Access

  • The new service allows easy omnichannel inscriptions across 19 blockchains.
  • GetScribe's features include batch inscriptions and early access to BRC-20 tokens.
Wednesday, 17/01/2024 | 10:00 GMT by Damian Chmiel
CryptoCurrency

KuCoin Expands User Base to 31 Million, Doubles Trading Volume in 2023

  • The crypto exchange reported a visible growth despite regulatory challenges.
  • The spot crypto volumes rose 106% compared to 2022.
Tuesday, 09/01/2024 | 10:51 GMT by Damian Chmiel
CryptoCurrency

Chelsea Football Club Inks Sleeve Sponsorship Deal with BingX

  • BingX plans to have its logo on the front of the club's training kit.
  • Established in 2018, the crypto exchange caters to over 10 million users worldwide.
Thursday, 04/01/2024 | 13:01 GMT by Jared Kirui
CryptoCurrency

Bitget Marks 2023 End with 94% Jump in Spot Volumes and 12 Million New Users

  • The exchange increased its customer base to 20 million.
  • Also, it hired 500 extra people, while other companies in the industry were cutting jobs.
Wednesday, 03/01/2024 | 12:46 GMT by Damian Chmiel
CryptoCurrency

India to Block Websites of Binance, Kraken, and 7 Other Crypto Exchanges

  • There are 31 registered crypto exchanges in the country.
  • Many offshore exchanges are operating in India without registration.
Friday, 29/12/2023 | 06:55 GMT by Arnab Shome
CryptoCurrency

Binance Marks Record Year with 40 Million New Users in 2023

  • The crypto exchange customer base hit 170 million globally.
  • In 2023, the company invested $213 million in compliance and supported 58,000 law enforcement.
Thursday, 28/12/2023 | 18:13 GMT by Damian Chmiel
CryptoCurrency

Mt. Gox Creditors Start to Receive Payments after 10 Years

  • Several creditors confirmed on social media that they received payments.
  • The trustee is paying the creditors via bank transfer and PayPal.
Tuesday, 26/12/2023 | 07:50 GMT by Arnab Shome
CryptoCurrency

FCA Flags Crypto Exchange LYKKE for Unauthorized Financial Services Promotion

  • LYKKE allegedly promotes its services without permission from the FCA.
  • FCA's cautionary alert provided specific details about the company.
Friday, 08/12/2023 | 14:17 GMT by Jared Kirui
CryptoCurrency

Bybit's 5th Anniversary: Surpasses 20 Million Registered Users

  • The firm has secured licenses in the UAE, Kazakhstan, and Cyprus.
  • It has launched TradeGPT to improve traders' engagement with the crypto market.
Tuesday, 28/11/2023 | 12:26 GMT by Tareq Sikder
CryptoCurrency

Dutch Crypto Exchange Bitvavo Gains Regulatory Nod in France

  • The approval enables Bitvavo to offer diverse services in France.
  • Recently, the company was authorized to operate as a virtual asset service provider in Austria.
Friday, 24/11/2023 | 13:45 GMT by Jared Kirui
CryptoCurrency

Binance Will Exit the US Paying over $7.1 Billion in Settlements

  • The exchange reached settlements with both the DoJ and CFTC separately.
  • It is currently contesting the 13 charges brought by the SEC.
Wednesday, 22/11/2023 | 01:21 GMT by Arnab Shome
CryptoCurrency

Bittrex Bites the Dust: Crypto Exchange Closes for Good after SEC Onslaught

  • After the bankruptcy in the US, Bittrex announced the complete end of operations.
  • The exchange's problems began in April 2023.
Tuesday, 21/11/2023 | 08:36 GMT by Damian Chmiel
CryptoCurrency

SEC Sues Kraken for Registration Failure, Mixing Customers’ Funds

  • The crypto exchange denied all charges against it in a detailed blog post.
  • The charges are similar to the ones brought against Binance and Coinbase.
Tuesday, 21/11/2023 | 05:55 GMT by Arnab Shome
CryptoCurrency

"Uptober" Takes Crypto Exchanges to New Heights: Best in 4 Years

  • Crypto exchanges reported an impressive recovery in October 2023.
  • Binance remains the biggest platform, while ByBit jumps to the third spot.
Friday, 17/11/2023 | 11:00 GMT by Damian Chmiel
CryptoCurrency

Taiwan's Crypto Exchange Faces Money Laundering Charges, COO Arrested

  • The COO allegedly had a connection with the in-famous '88 Guild Hall' money laundering incident.
  • The exchange is cooperating with the investigation and assured operations remain unaffected.
Tuesday, 14/11/2023 | 07:33 GMT by Arnab Shome
CryptoCurrency

FTX's December Decision Could Be a Game-Changer

  • The now-defunct crypto exchange is in talks with three potential investors to relaunch.
  • The company aims to finalize its decision by mid-December.
Wednesday, 25/10/2023 | 07:05 GMT by Damian Chmiel
CryptoCurrency

Bybit Institutional Upgrades Platform to Secure Top Spot for BTC Futures Trading

  • Bybit refreshes its offering focused on professional traders.
  • It enjoys considerable popularity, especially among those trading BTC futures.
Wednesday, 18/10/2023 | 13:20 GMT by Damian Chmiel
CryptoCurrency

Crypto Volumes Hit Rock Bottom: 9 out of 10 Leading Exchanges Report September's Slump

  • The crypto volumes have fallen to their lowest levels this year.
  • Binance, Upbit and Huobi remain in their top spots but also experience lower trading activity.
Thursday, 12/10/2023 | 13:40 GMT by Damian Chmiel
CryptoCurrency

Coinbase's Volume Shrinks by 52%: Lowest since 2021 IPO

  • Crypto exchange volume crippled to $75 billion.
  • Analyst forecasts the company will report 7th declining quarter in a row.
Thursday, 12/10/2023 | 09:09 GMT by Damian Chmiel
CryptoCurrency

Binance to Suspend BUSD Lending This Month, Shifts Focus to FDUSD

  • The crypto exchange Loans service will stop accepting BUSD stablecoin on 25 October.
  • By February 2024, the exchange plans to withdraw support for its token completely.
Thursday, 05/10/2023 | 12:17 GMT by Damian Chmiel
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