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Binance.US Tops its Valuation to $4.5b Stirred by $200m in Seed Raise

Binance.US Tops its Valuation to $4.5b Stirred by $200m in Seed Raise

Binance.US, the subsidiary of Binance exchange in the United States has raised $200 million in a seed funding round that has given the company a pre-money valuation of $4.5 billion.

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection.

Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance

Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance

To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.

OKX Faces Allegations of Restrictive Practices in ICE Coin Listing

OKX Faces Allegations of Restrictive Practices in ICE Coin Listing

OKX, a leading crypto exchange, faces allegations of unfair trading practices following its listing of the ICE coin. Despite technological advancements and a growing global presence, these accusations put the company's commitment to transparency and user trust to the test.

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

The criminal trial against Sam Bankman-Fried (SBF) of FTX, slated to commence on October 4, 2023, under Judge Kaplan, has garnered attention from Coinbase executives, Brian Armstrong and Paul Grewal. Through Twitter, Grewal shared his extensive federal court experience and expectations for the jury selection process, sparking a broader discussion on legal procedures in high-profile crypto cases. The trial, amidst FTX's ongoing legal challenges, highlights the crypto industry's intricate regulatory landscape.

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.

Bitstamp Appoints New CEO, Reshuffling Leadership

Bitstamp Appoints New CEO, Reshuffling Leadership

Luxembourg-based cryptocurrency exchange Bitstamp has announced the appointment of Jean-Baptiste Graftieaux as its new global CEO, following the sudden departure of former CEO, Julian Sawyer.

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