Markets

Crypto Exchange KuCoin Gets Hacked

On Saturday (September 26), Singapore-based crypto exchange KuCoin suffered a security breach, as the result of which a part of the cryptoassets in the exchange’s hot wallets were stolen. According to KuCoin Global CEO Johnny Lyu, who hosted a live stream that started at 04:30 UTC on September 26, here are some important details about […]

Winklevoss Twins’ Gemini Exchange Lists Seven New DeFi Tokens

The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t related to DeFi: Decentraland (MANA), […]

Russian Authorities Backlist Crypto Exchange Binance’s Website

Russian authorities have blacklisted the website of major cryptocurrency exchange Binance, although access to it has not been blocked by the country’s telecom regulator Roskomnadzor. In an announcement Binance published on its Russian telegram channel, it reveals Roskomnadzor added the cryptocurrency exchange’s website to the register of platforms disseminating prohibited information, reportedly because of distribution […]

Winklevoss Twins’ Gemini Exchange Now Allows Buying Crypto With British Pound

On Thursday (September 24), crypto asset Gemini announced that it had launched in the UK. The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published earlier today,Gemini CEO Tyler Winklevoss announced that they had […]

Binance Launches ‘Innovation Zone’ to Filter out DeFi Token Traders Based on Risk Appetite

Leading cryptocurrency exchange Binance has announced the launch of an “Innovation Zone’ to filer out traders based on their risk appetites, before letting them trade risky decentralized finance (DeFi) projects. According to an announcement the cryptocurrency exchange published, its token listing process is “often viewed as overly strict,” but listing new projects in 2017 when […]

Ethereum’s Pending Transactions Surged After Uniswap Launches Governance token

The number of pending transactions per minute on the Ethereum network jumped shortly after leading decentralized exchange Uniswap announced the launch of its UNI token, coupled with a 400 token airdropped to those who have used the protocol. The decentralized exchange’s announcement revealed it launched the UNI governance token, with a total of one billion […]

Kraken Launches Crypto Bank in Wyoming After Receiving Bank Charter Approval

Popular cryptocurrency trading platform Kraken has announced the State of Wyoming has approved its application to form the world’s first Special Purpose Depository Institution (SPDI), allowing it to form a crypto bank dubbed Kraken Financial. According to an announcement the firm published, Kraken Financial is headquartered in Wyoming and is the “first digital asset company […]

Binance’s Crypto Debit Card Launches in Europe

Leading cryptocurrency exchange Binance has launched its Binance Visa Card, a cryptocurrency debit card that lets users pay with crypto anywhere visa is accepted, to its users in the European Economic Area. According to a press release, the Binance visa Card lets users transact at over 60 million locations throughout the world, and can virtually […]

Bakkt’s Bitcoin Futures Trading Volume Hits New All-Time High

The Intercontinental Exchange’s bitcoin derivatives trading platform, Bakkt, has seen its futures contracts trading volume hit a new all-time high after$200 million in a single day. According to Bakkt, the 15,955 contracts were traded, representing a 36% increase over its previous all-time high. The rise comes as Bakkt has long been trailing its rival, the […]

Binance Coin (BNB) Staking Goes Live on Smart Chain Network

Leading cryptocurrency exchange Binance has announced the official launch of BNB staking on the Smart Chain network.

Binance Sued by Crypto Exchange for Allegedly Facilitating Laundering of Stolen Bitcoin

Japanese cryptocurrency exchange Fisco has sued leading crypto exchange Binance for allegedly facilitating the laundering of $9 million in bitcoin. According to a 33-page complaint filed in the Northern California District Court on September 14, the Japanese cryptocurrency exchange is accusing Binance of “aiding and abetting” the laundering of 1,451 BTC – then worth $9.4 […]

Binance Smart Chain Network Gaining Ground on Ethereum Transaction Volume

Binance Smart Chain accounts for 14 percent of the transaction volume of rival ethereum, as the native BNB exchange token seeks to make headway in the DeFi marketplace.

Apple Censors Cryptocurrency and DeFi Features on Coinbase’s App, Brian Armstrong Says

Apple Inc has reportedly censored San Francisco-cryptocurrency exchange Coinbase from adding specific cryptocurrency and decentralized finance (DeFi)-related features to its iOS app. According to a tweetstorm published by the exchange’s CEO Brian Armstrong, the tech giant stopped Coinbase from adding features that would let their users earn cryptocurrency directly through the app, or access decentralized […]

OKEx Jumpstart’s First Mining Project: 10 Million OKB Staked in 6 Minutes

OKExs Jumpstart mining project, which allows users to stake OKB tokens 14 days ahead of the launch of a new project on Jumpstart to earn “high rewards and staking incentives,” has seen users stake $53.9 million in only six minutes on its first project. According to a press release the firm published, on September 10 […]

Binance to Assist in Recovering Crypto Stolen From Crypto Exchange ETERBASE

Leading cryptocurrency exchange Binance is set to assist hacked crypto trading platform ETERBASE in recovering funds hackers stole from its hot wallets earlier this month. In an announcement on Twitter, where ETERBASE revealed it will continue operating despite being hacked for millions worth of cryptocurrency, it also revealed that its investigations show a “big part” […]