Binance, the world’s largest crypto exchange CEO Richard Teng has begun giving multiple warnings about growing scams in the crypto domain lately. However, this time Richard Teng Has warned of a new scam that tricks victims into transferring their funds into the wrong hands, and it’s called The “share-seed-phrase” scam. Here’s how this scammer scammed …
A major event is set to shake up the Solana (SOL) market on March 1, as 11.2 million SOL—worth approximately $2.06 billion—will be unlocked from the FTX bankruptcy auction. This marks the final stage of FTX’s liquidation of its SOL holdings after selling a total of 41 million SOL across three separate auctions according to …
Token unlocks can shake up the market, causing prices to pump or dump depending on supply and demand. Large unlocks often lead to sell-offs as early investors cash out, while smaller ones may have little impact. Some tokens may see a short-lived pump before a drop, while others could benefit from strong narratives like DeFi …
Would the newly formed Crypto Task Force prompt the US Securities and Exchange Commission to make a radical shift in its approach towards cryptocurrency regulation? Recent developments in the SEC’s legal battles against prominent exchanges like Coinbase and Binance indicate that the regulator is slowing down legal action against crypto firms and waiting for its …
Roughly a year after establishing a cryptocurrency regulation framework, South Korea, a prominent economic power in the Asian region, has revealed its plan to expand its crypto trading landscape. Today, the Financial Services Commission, the top financial regulator of the country, has officially declared its decision to permit institutional investors to trade crypto in stages. …
Binance will remove and cease trading for the spot pairs EDU/BTC, REZ/BTC, and USTC/FDUSD on February 14, 2025, at 03:00 (UTC) following its routine market review. This decision aims to maintain a high-quality trading environment, considering factors like low liquidity and trading volume. While these pairs will be delisted, users can still trade the individual …
Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of five spot trading pairs as part of its routine market review process. This change will take effect on February 17, 2025, at 6:00 a.m. UTC. The decision is part of efforts to maintain a high-quality trading environment and ensure an optimal user …
In a latest development, Crypto exchange Gemini has obtained in-principle approval in Malta for an Investment Firm license, allowing it to offer perpetuals across the European Union. The approval is subject to the Malta Financial Services Authority’s (MFSA) pre-authorization requirements. A Crucial Step For EU Expansion Once granted, the license will enable Gemini to offer …
Four.Meme, a meme coin launchpad on Binance Smart Chain, suspended token trading following a malicious attack. Despite the breach, the platform assured users that internal funds were secure and on-chain trading remained unaffected. The attack resulted in estimated losses of $183,000. Four.Meme responded quickly, halting decentralized exchange trading and working on a fix. The platform …
In a recent development, Deribit crypto exchange has announced its exit from Russia due to sanctions introduced by the European Union, according to the statement posted on its website. As a Dutch-owned platform, Deribit must adhere to EU sanctions. The exchange will no longer accept Russian nationals or residents as clients, unless exceptions apply. ” …
Upbit is listing Berachain (BERA), Jito (JTO), and Scroll (SCR) on February 6, with deposits opening earlier. BERA trading starts at 22:00 KST on the Berachain network, supporting staking and transactions via a Proof of Liquidity model. JTO (Solana) and SCR (Scroll) trading begins at 18:00 KST, with Scroll functioning as a ZK-rollup Layer 2 …
According to Bloomberg, the crypto exchange operator Bullish Global is reportedly planning an initial public offering (IPO) as early as this year. The company is working with Jefferies Financial Group to explore the listing, though details are still being discussed. Bullish had initially planned to go public in 2021 through a SPAC deal but later …
Coinbase (COIN) has officially joined the Financial Conduct Authority (FCA) register, becoming the largest crypto exchange in the U.K. with regulatory approval. This milestone allows Coinbase to offer a broader range of crypto and fiat services, including trading, custody, and on/off ramps. After six months of preparation, Coinbase can now directly communicate with the FCA, …
As FTX, the collapsed cryptocurrency exchange, reaches the final stage of its bankruptcy process, It has intensified its efforts to resolve legal disputes with former partners. The embattled exchange has reached a deal with K5 Global, a popular venture capital firm, to settle a lawsuit filed against the firm, demanding $700 million in disputed investments. …
Coinbase is giving Bitcoin-backed loans another shot. Their last attempt didn’t go as planned. It ended in 2023, partly due to low demand and regulatory hurdles. But they’ve returned with a fresh approach, powered by DeFi technology. This time, they’re betting it’ll be safer, smoother, and more appealing to everyday users. But will it succeed …
One of the most famous crypto exchanges, eToro, has filed for an IPO in the United States. The company is aiming to go public in a grand way. It has made a confidential filing with the SEC in January 2025, which marks a significant step in its journey. If things go as planned, this could …
Late last year, it was announced that collapsed crypto exchange FTX would begin the distribution of funds to investors who suffered serious losses through Kraken and BitGo by early January, 2025. A recent post on X by FTX creditor Sunil reveals that Kraken has sent emails to customers to receive FTX-distributed funds. He also points …
Indian cryptocurrency exchange is working on a recovery plan after a cyberattack in July 2024 resulted in a loss of $235 million. The attack, which was allegedly carried out by North Korea’s Lazarus Group, severely impacted the platform, but now the exchange is focused on rebuilding trust and compensating affected users. Recovery Plan with Singapore’s …
The ERC-20 token, Nollars Network (NOLA), has officially secured its first listing on a crypto exchange. AscendEX, a prominent platform in the digital asset space, announced this exciting development via a tweet to its 256K followers. This marks a significant milestone for the Nollars Network layer-2 blockchain & ecosystem. It establishes a foothold in the …
Bithumb, a leading crypto exchange, has announced the addition of new trading pairs. The platform now supports Sonic SVM (SONIC) and SAFE in the KRW market, alongside AHT, which is available in both the KRW and BTC markets. Trading for SONIC and SAFE begins at 4:00 PM KST on January 10, 2025, with base prices …
Binance Wallet has added support for nine innovative dApps, including UniSat, ALPHA-X, WOOFi, oooo Protocol, DeSyn Protocol, Prosper, Eddy Finance, Matrixdock, and Jasper Vault. These applications span diverse functionalities such as cross-chain transactions, stablecoins, AI-driven insights, and decentralized liquidity solutions. This expansion reflects Binance’s commitment to enhancing its ecosystem and offering users advanced tools for …
Coinbase and BiT Global Digital Limited are in court over Coinbase’s decision to delist wrapped Bitcoin (wBTC). It’s not just about a token; it’s about risk, reputation, and trust in the crypto ecosystem. Sun affiliated BiT Global filed a lawsuit against Coinbase and they have submitted a response to it. BiT Global isn’t happy with …
The biggest crypto exchange just launched Binance Alpha. It is a new platform inside the Binance wallet with a main goal to help crypto people stay ahead of the market. This platform will shed light on new crypto projects with potential. If you love to explore new tokens before they are listed on big exchanges, …
Leading cryptocurrency exchange by daily average traded volume and globally registered users, Binance Holdings has released its annual performance report. Since the beginning of the year, Binance has registered about $21.6 billion in user funds deposits, which is 36 percent higher than what the next 10 exchanges combined registered. The notable growth in Binance exchange …
Defunct crypto exchange Mt. Gox moved 27,871 Bitcoin worth $2.82 billion to an unmarked wallet on Thursday morning, according to Arkham data. The wallet 1Fho…LFRT received these funds around 3 weeks ago from another Gox linked wallet. Mt. Gox Trustees transferred over 27,871 BTC to wallet 1N7J…u8Yp and another 3.82k BTC worth $386.01 million to …
On December 4, PancakeSwap introduced SpringBoard, a platform designed to make token creation easier for everyone. You don’t need coding skills to launch your token now. This no-code tool could change how tokens are launched on the BNB Chain. But does it live up to the hype? Let’s dig into the details. Launch Tokens Without …
Year-to-date data from CryptoRank.io reveals contrasting trends in Bitcoin reserves across major exchanges. This year has seen different trends in Bitcoin holdings across major exchanges. Binance and Gemini have increased their Bitcoin reserves, standing out as exceptions during a time when most centralized exchanges (CEXs) are experiencing declining reserves. Typically, reserves drop when Bitcoin prices …
The second largest cryptocurrency exchange in the world in terms of users and revenue, the OKX platform has announced the 25th proof of asset reserves. Reportedly, the data will be evaluated until 13th November. During the last report, the user “BTC” assets has experienced an increase of 1.87% compared to 08th October. Moreover, the “ETH” …
Telegram has become more than just an instant messaging service. Thanks to its ability to integrate crypto services and apps, the communication platform has become a breeding ground for crypto use cases. From tap-to-earn games to microtransactions, Telegram is a diverse ecosystem. But this time around, the messaging world is full of excitement as a …
As per the latest reports, the largest trading platform in the world, Binance cryptocurrency exchange announces the delisting of 8 altcoins trading pairs on its spot trading. Reportedly, Binance states that to ensure a high level of standard and industry needs, it periodically reviews its token catalog and removes those that do not meet liquidity …