Binance, a cryptocurrency exchange, reportedly sought to hire Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), as an advisor in 2018 and 2019. The Wall Street…
Dubai-based crypto exchange Bybit has temporarily suspended USD deposits via bank transfers due to “service outages from a partner”. Customers can still withdraw funds through wire transfers until March 10. Bybit CEO…
Silvergate Bank, a digital asset-focused bank, has discontinued its Silvergate Exchange Network (SEN), a crypto payments network that allowed round-the-clock transfers between investors and crypto exchanges. The decision was made after the…
Binance, the world’s largest cryptocurrency exchange by trading volume, has partnered with various law enforcement agencies to launch a Joint Anti-Scam Campaign aimed at protecting users worldwide. In a released statement, Binance…
Binance USD (BUSD), a stablecoin issued by Paxos, has experienced a market capitalization drop below $10 billion for the first time in two years. The decline is allegedly due to regulatory actions…
Mastercard, the global payments technology company, continues to expand its partnership with Latin American cryptocurrency exchanges. Its latest partnership is with Bitso, the Mexican cryptocurrency exchange, which has launched a debit card…
US Securities and Exchange Commission (SEC) Chair Gary Gensler warned that investment advisers can’t rely on crypto trading and lending platforms as qualified custodians. During a meeting of the Investor Advisory Committee,…
Crypto exchange Coinbase has launched a new campaign to educate Americans on the benefits of cryptocurrency and to urge policymakers to establish clear regulatory guidelines for the industry. The company’s CEO, Brian…
Binance’s custodial partner, Ceffu, has announced plans to apply for a crypto custody license in Singapore. Ceffu launched its institutional custody services in Singapore in November 2021 and aims to provide custody…
Polygon, a layer-2 scaling protocol for Ethereum, has launched its zero-knowledge decentralized identity solution, Polygon ID, to the public. The service uses zero-knowledge proofs to enable users to verify their identity online…
BitBNS, a cryptocurrency exchange in India, faced allegations of covering up a $7.5 million hack under the guise of system maintenance. However, Gaurav Dahake, the founder of BitBNS, denied the allegations and…
The world of cryptocurrencies can be complex and confusing, especially when it comes to the different ways in which you can earn interest on your holdings. Here, we’ll break down the differences…
Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptography is the process of converting legible information into an almost uncrackable code, to track purchases and transfers. It is…
Coinbase, one of the top cryptocurrency exchange platforms, has announced the listing of $EUROC, a stablecoin backed by the Euro and issued by Circle. The listing comes amidst some controversy regarding stablecoin…
Tel Aviv Stock Exchange (TASE) has released a draft proposal for public comment that would allow non-banking members to trade cryptocurrencies. This move marks the first time TASE is considering enabling customers…
Former director of engineering at FTX, Nishad Singh, pleaded guilty to several US criminal charges, including wire fraud, conspiracy to commit fraud and money laundering, and conspiracy to defraud the US by…
Decentralized Finance, commonly known as De-Fi, is one of the most disruptive technological innovations of recent years. It is a system that leverages blockchain technology to provide financial services without intermediaries, such…
Cryptocurrency venture capital firm Digital Currency Group (DCG) reported losses of over $1 billion in 2022 due to the collapse of Three Arrows Capital (3AC), a crypto hedge fund. DCG’s Q4 2022…
Robinhood Markets, the popular trading platform, is under investigation by the U.S. Securities and Exchange Commission (SEC) over its cryptocurrency operations. The SEC issued an investigative subpoena to Robinhood in November, following…
Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it would suspend trading for the Binance USD (BUSD) stablecoin on March 13 due to its “listing standards.” The decision…
Bitcoin, the largest cryptocurrency by market cap, is currently trading at $23,417 with a 24-hour trading volume of $31.78B and a market dominance of 41.43%. Although the BTC price has increased by…
Cryptocurrency exchange Coinbase has been hit with a lawsuit filed by NanoLabs, the company behind the digital currency NANO. NanoLabs alleges that Coinbase’s Nano Bitcoin and Nano Ether futures contract products infringe…
Grayscale Investments’ CEO Michael Sonnenshein, has stated that the United States Securities and Exchange Commission (SEC) acted “arbitrarily” in denying approval for the Grayscale Bitcoin Trust (GBTC) to become a spot Bitcoin…
The G20, consisting of the 20 largest economies in the world, has announced that it will establish a global crypto regulatory framework. The Financial Stability Board (FSB), the International Monetary Fund (IMF),…
You are all caught up.
