UK Finance Regulatory Body Concerned Over Binance Paysafe Partnership

The United Kingdom’s Financial Conduct Authority (FCA) has expressed its reservations about the recent partnership between Paysafe and cryptocurrency trading platform, Binance. The FCA did not support the latest deal following the previous incident in July 2021, when Binance failed to access the sterling payment network, paving the way for Paysafe to strike a deal […]

Cryptocurrency Business On The Increase As Wall Street Becomes Latest Entrant

The cryptocurrency industry is experiencing rapid growth and development with the way it has become mainstream and acceptable by individuals and various businesses, making it an attractive investment destination.  Investors are now readily available to stake their money wherever they think will give them profits, and cryptocurrency is one of these. Even renowned stock market […]

MicroStrategy’s CEO Michael Saylor Holds Bitcoin Education Event for Businesses

The founder and CEO of MicroStrategy have announced that he and his team will be hosting a virtual seminar to enlighten growing businesses on the need to understand the global tech trend in the crypto space and how to integrate it into their business for more profitability.  The announcement was made on his Twitter handle […]

Polymarket Fined $1.5m By Market Regulator

The CFTC has taken regulatory action against Polymarket (registered with the commission as Blockratize LLC based in Delaware).  Why Polymarket Was Fined The firm was accused of providing event-based binary options contracts for Americans without an approved license. The commission remarked that Polymarket would need a designated contract market (DCM) license or a swap execution […]

CryptoPayIn Review – Is cryptopayin.com Scam or Legit?

CryptoPayIn Review If you are searching for a cryptocurrency exchange, you might have come across the name of CryptoPayIn. In order to buy and sell cryptocurrencies, you’ll need a good exchange platform, and this CryptoPayIn review would help you in this regard. If you remain aware of what is going on in the world, you might know about […]

Binance Appoints Ex-detective as Director of Audit and Investigations

Binance continues to grow in this new era of crypto adoption, and to make sure that the exchange is well equipped with modern regulations and regulatory insight, Binance has acquired a new director for audit and investigation. Aron Akbiyikian is a well-renowned digital media analyst and forensic expert, and he has taken charge as the […]

Cardano Collects Funds for its New DEX Project

Cardano blockchain project has been doing very well considering the competition in the marketplace. The development team of Cardano is now planning to introduce a new dedicated decentralized trading platform. The new project Cardax will also offer the investors to earn and stake the native token CDX. Cardano recently held a fundraising event to collect […]

Central Bank of the Kyrgyz Republic is Planning to Regulate Crypto Exchanges

The national bank of Kyrgyz Republic (NBKR) wants to diminish the risk of losing money by giving licenses to cryptocurrency exchanges in the country. The initiative of the central bank will provide security and protection to investors regarding crypto investment. Exchanges will Get Licenses According to Tolkunbek Abdygulov, the chairman of National Bank of the […]

Bitcoin Balance Sheets of Cryptocurrency Exchanges Have Dropped Significantly

According to the latest on-chain reports, BTC held over cryptocurrency exchange has reached two-year lowest position. While addresses holding at least one Bitcoin has also claimed an all-time high value. Since February 2020, the BTC balance sheets of cryptocurrency exchanges have been decreasing. As per the data revealed by on-chain analytics firm Glassnode, Bitcoin over […]

Coinbase Announces to Support Flare Networks’ Airdrop

Coinbase, the largest cryptocurrency exchange in the US, has announced to support the airdrop of the Flare Networks, which may pump XRP’s price high in the future. In its latest blog post over the topic, Coinbase unveiled that it would assist in the airdrop of Spark tokens. The users of the US-based exchange holding XRP […]

BitMEX Gives Only Two Weeks to Users for KYC Compliance

Crypto derivatives exchange BitMEX informs its users that they will have only two weeks for verification. If users fail to verify themselves, they will not be able to withdraw funds. Deadline of Two Weeks According to the announcement by BitMEX on November 19, users of the crypto derivatives exchange will have to complete the KYC […]