Binance’s Dominance: The Community Under Siege from Scroll’s Preference In the ever-evolving world of cryptocurrency exchanges, Binance, a Malta-based platform, has reigned supreme. Its unprecedented growth since its inception in 2017 has been a topic of much discussion within the community. However, not all news surrounding Binance is positive. Recently, the exchange’s preference for Scroll,…
Revolutionizing UAE’s Crypto Market: OKX Introduces AED Order Book OKX, a leading global cryptocurrency exchange, has recently introduced an AED order book to its platform, marking a significant milestone in the UAE’s crypto market . This move comes as part of OKX’s commitment to making cryptocurrencies more accessible to the wider population, especially in regions…
OKX Leads the Way: Introducing Automated Execution (AED) Trading in UAE’s Crypto Market In the ever-evolving world of crypto trading, staying ahead of the curve is crucial for success. One exchange that continues to push boundaries and innovate is OKX. Recently, OKX has introduced a game-changing feature for its UAE users: Automated Execution (AED) Trading….
Bitget: Reinforcing Listing Standards Amid BGB Scandal and Market Manipulation Allegations In the ever-evolving world of cryptocurrency exchanges, maintaining transparency, integrity, and adherence to listing standards are paramount. Recently, the industry has been rocked by allegations of market manipulation and irregularities surrounding Bitget’s listing of BGB , its native token. These claims, if proven true,…
WazirX Announces Selection of Top 10 Creditors in CoC: But Here’s the Surprising Twist Background WazirX, one of India’s leading cryptocurrency exchanges, recently announced the selection of the top 10 creditors in its CoC (Creditor’s Committee) following a successful resolution process under the Insolvency and Bankruptcy Code (IBC). The exchange had filed for insolvency in…
Arthur Hayes‘s recent warning at the DeFi Summit should serve as a wake-up call for all crypto projects considering paying centralized exchange (CEX) listing fees. The CEO of BitMEX , a prominent cryptocurrency derivatives trading platform, expressed his concerns about the future viability of CEXs, especially those that rely heavily on listing fees for revenue….
Billion-Dollar Crypto Broker FalconX: Expanding Its Horizons Since its inception, FalconX, the billion-dollar crypto brokerage firm, has been making waves in the digital asset industry. With a strong focus on providing institutional clients with professional trading services and sophisticated technology solutions, FalconX has quickly established itself as a leader in the space. However, the company’s…
Bithumb’s US IPO: South Korea’s Largest Crypto Exchange Goes Global Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, announced its plans to go public in the United States through an Initial Public Offering (IPO). The move marks a significant milestone for the exchange as it looks to expand its reach beyond the borders of…
WazirX Moratorium Expiration: What Lies Ahead for the Indian Crypto Market? Background The WazirX crypto exchange, one of India’s leading platforms for buying and selling cryptocurrencies, was hit with a major blow in late 2021 when the Reserve Bank of India (RBI) imposed a moratorium on its banking services. This move effectively restricted WazirX’s ability…
Mt. Gox, the once-dominant cryptocurrency exchange based in Japan, filed for bankruptcy in 2014 following a massive hack that led to the theft of approximately 850,000 bitcoins. The consequences of this event have been felt throughout the entire cryptocurrency market and beyond. However, new developments are emerging in the ongoing saga of Mt. Gox and…
Kraken Expands Its Horizons: The Acquisition of Coin Meester B.(BCM) Kraken, a leading global cryptocurrency exchange, recently announced the acquisition of Coin Meester B.(BCM), a well-established European digital asset custodian and financial services provider. This strategic move, according to Kraken’s CEO, Jesse Powell , is part of the exchange’s ongoing efforts to expand its reach…
BlockFi’s Financial Lifeline: $250M Injection from Coinbase In a dramatic turn of events, BlockFi, a leading cryptocurrency lending platform, secured a $250 million revolving credit line from Coinbase, the largest cryptocurrency exchange by volume. The deal was announced on February 9, 2023, and it came as a much-needed financial boost for BlockFi. This injected cash…
DTX Exchange Snubs BDAG Testnet Launch: A Setback for Investors? Despite the much-anticipated testnet launch of BDAG, the DTX exchange has chosen to ignore it. The decision has left investors in a state of uncertainty and frustration. BDAG Testnet Launch: The testnet launch of BDAG was scheduled for the beginning of this month, with the…
Wintermute Returns: Buys Back NEIRO on Ethereum – Setting the Stage as a Market Maker Wintermute, the renowned algorithmic trading firm, has returned to the Ethereum ecosystem with a significant purchase. They have bought back NEIRO, the decentralized autonomous organization (DAO) focused on Neural Evolving and Optimization in the Web3 space. This acquisition comes as…
BNB vs Dogecoin vs DTX: Which Crypto Exchange Will Dominate in 2024? An In-Depth Analysis The crypto market is a rapidly evolving landscape, and in 2024, three major players are expected to hold significant influence: Binance Coin (BNB), Dogecoin (DOGE), and Decentraland’s MANA token, traded on the exchange DTX. In this analysis, we will explore…
WazirX Hacker Transfers an Additional $2.4 Million: A Detailed Outline In a latest twist in the ongoing saga of the WazirX hack, anonymous hackers have reportedly transferred an additional $2.4 million worth of cryptocurrencies from the exchange’s hot wallet on February 10, 2023. Background For context, it’s important to recap the events that transpired prior…
Trading Partisia Blockchain’s MPC Token on Bitpanda: A Comprehensive Guide Welcome to our comprehensive guide on trading Partisia Blockchain’s MPC Token on Bitpanda, a popular European cryptocurrency exchange. In this tutorial, we will walk you through the necessary steps to buy, sell, and manage your MPC tokens on Bitpanda. Step 1: Creating an Account on…
Bitforex Resumes Withdrawals after a 5-Month Hiatus: An In-Depth Outline Since January 2023, the cryptocurrency exchange platform, Bitforex, has been undergoing significant maintenance work. The platform announced an unexpected withdrawals suspension to ensure the security and stability of their systems. This hiatus lasted for a considerable period of approximately 5 months. The decision to suspend…
BlockFi’s Temporary Crypto Distribution Partnership with Coinbase: An In-depth Outline Background BlockFi, a crypto lending platform, and Coinbase, the largest cryptocurrency exchange in the US, have recently announced a partnership for crypto distribution. This collaboration marks an important milestone in the crypto industry, as it signifies growing synergies between major players. The Deal Under the…
