Crypto.com acquires Fintek Securities, a brokerage regulated by ASIC. CEO Kris Marszalek aims to create an all-in-one financial platform. Crypto.com has announced the acquisition of Fintek Securities Pty Ltd., a brokerage service regulated by the Australian Securities and Investments Commission (ASIC). This acquisition, revealed on November 14, 2024, allows Crypto.com to offer a wider range…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 October was not just another month for crypto; it was a turning point across the board including for exchange platforms. The crypto market surge was not just driven by seasonal trends or speculative hype. A mix of notable factors sparked massive activity across exchanges and assets. The crypto market…
Coinbase has deployed its very first token – cbBTC on the Solana ecosystem. The token is aimed at improving Bitcoin accessibility and enhancing DeFi adoption. The crypto market has progressed further in its bullish movements, with Bitcoin steadying at the $75K level. Meanwhile, the community has begun speculating on new regulatory leadership and other changes…
Coinbase’s FOIA request also prompted a federal judge to order the FDIC to release specific documents related to “Operation Chokepoint 2.0.” Internal “pause letters” to banks advising them to freeze some crypto activities must also be disclosed. Coinbase Chief Legal Officer Paul Grewal applauded the court’s decision. He called it “critical to achieving transparency in…
Gemini launched a new campaign, “Go Where Dollars Won’t,” on Nov. 4, aiming to showcase cryptocurrency’s potential beyond traditional currency constraints. Exploring New Frontiers: Meet Gemini’s ‘Go Where Dollars Won’t’ Campaign On Nov. 4, cryptocurrency exchange Gemini unveiled its latest campaign, “Go Where Dollars Won’t,” partnering with Irish artist Matt Griffin to capture cryptocurrency’s promise…
The Winklevoss twins-led cryptocurrency exchange Gemini has been granted in-principle approval from Singapore’s Monetary Authority (MAS) to operate in Singapore. After this preliminary approval, the Company can offer cross-border money transfer and digital payment token services. With this authorization, the New York-based exchange looks to ramp up its offering in Singapore to cater to the…
Este artículo también está disponible en español. According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by…
Gemini received in-principle approval from Singapore’s MAS for a major payment institution license. The MPI license would enable Gemini to provide regulated cross-border transfers and digital payment services in Singapore. The cryptocurrency exchange Gemini, led by the Winklevoss Twins, has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment…
A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis,…
Base, Coinbase’s blockchain network, has ushered in a new era of onchain technology with the recent launch of Based Agent. This feature enables users to create autonomous onchain agents with crypto wallets in less than three minutes. Leveraging tools like the CoinbaseDev SDK, OpenAI, and Replit, these agents perform complex functions without requiring extensive coding knowledge. This…
Consensys, one of the leading blockchain infrastructure providers, said the next U.S. president should prioritize clear cryptocurrency regulations. The firm sent out a public letter calling for oversight that encourages innovation without over-infringing on consumers. If the blockchain ecosystem is not regulated, improper activities that can be fraudulent could occur, warned Consensys. The company highlighted…
Your guide: Best Crypto Exchanges in Portugal Portugal has become a crypto-friendly haven, drawing more and more buyers and fans of digital assets. The country has become a popular place to learn about cryptocurrencies because it has friendly tax policies, a relaxed legal environment, and a growing digital currency culture. We will talk about the…
Coinbase CEO Brian Armstrong has publicly endorsed Pennsylvania Senate candidate Dave McCormick and Massachusetts Senate hopeful John Deaton. Both are strong cryptocurrency proponents and have earned ‘A’s from the pro-crypto Stand With Crypto. The crowd of endorsements that Armstrong has accrued is huge for the crypto community as we approach the 2024 elections. Leading the Pennsylvania Senate…
CoinSwitch CEO has alleged WazirX of moving user funds to other exchanges after the hack. WazirX recently released wallet addresses data as part of its affidavit with the Singapore High Court. After nearly two months of the WazirX hack, there has been no sign of fund recovery yet. Meanwhile, the Indian crypto exchange, CoinSwitch, which…
Exchange News Investor Jaivir Bains has filed a petition against WazirX in the Delhi High Court over a $230M hack. The Delhi High Court has issued notices to the FIU and ED regarding the investigation into the WazirX hack. A Singapore court recently granted a four-month moratorium to Indian crypto exchange WazirX, giving the company…
Market News Coinbase has filed for partial summary judgment against the SEC over its three-year delay in cryptocurrency classification requests. The motion seeks to compel the SEC to disclose documents on its stance regarding cryptocurrencies like Ether. The leading crypto exchangeCoinbase is taking a bold step against the U.S. Securities and Exchange Commission (SEC) by…
Bitfinex hackers, Lichtenstein and his wife’s prison sentence have come up for discussion. The exchange lost $6 billion worth of Bitcoins in the 2016 hack. In an interesting turn of events, the hackers behind Bitfinex 2016 major hack penalties were discussed by the US government. The 2016 hack was an enormous security breach that caught…
According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month. Arkham Is Reportedly Preparing to Launch a Crypto Derivatives Trading Platform This week, Anna Irrera of Bloomberg revealed that Arkham Intelligence,…
Your guide: Best Crypto Exchange Philippines With almost 10% of its people owning at least one digital asset, the Philippines has been known as a crypto-friendly country. Demand for dependable and user-friendly crypto exchanges has skyrocketed as the nation keeps embracing the transforming possibilities of blockchain technologies. So, if you’re looking for the Best Crypto…
OKX launched its VARA-licensed crypto exchange in Dubai. It became the first to offer AED-denominated trading in the UAE. Through an integration with Zand Bank, the exchange enables both retail and institutional investors to trade using the UAE dirham. This launch comes 9 months after OKX received regulatory approval from VARA. AED-Denominated Trading and Seamless…
Crypto.com has filed a lawsuit against the SEC following a Wells Notice. The lawsuit claims that the SEC is overstepping its regulatory authority by classifying most crypto transactions as securities. After receiving a Wells Notice, Crypto.com is pushing back against the U.S. Securities and Exchange Commission (SEC). According to the report, the crypto exchange filed…
Taproot enables advanced smart contracts and supports Bitcoin-native tokens like BRC-20. Coinbase’s Taproot integration supports the advanced “bc1p” Bitcoin address format. Coinbase has officially integrated support for sending Bitcoin to Taproot addresses, enhancing user transaction capabilities. This integration comes as Taproot, a significant Bitcoin upgrade from 2021, gains more traction for its efficiency and privacy…
Cryptocurrency exchange Crypto.com is suing the U.S. Securities and Exchange Commission (SEC). This comes after the company received a Wells Notice from the SEC. It is a kind of a warning that the SEC is likely to take enforcement action regarding the securities laws. The lawsuit, names the US SEC Chair Gary Gensler and 4 commissioners. It…
HKVAX has received its license for the cryptocurrency exchange and Hong Kong’s financial landscape is still waxing for the better. Recently, the Securities and Futures Commission (SFC) confirmed this approval. HKVAX became the third crypto-based platform licensed in the region. Simi Cheung, head of the SFC’s Inspection & Money Laundering Branch, says she announced the decision in…
In a significant development for the beleaguered crypto exchange FTX, a US judge has greenlit a bankruptcy plan that will allow the company to repay users nearly two years after its dramatic collapse. Judge John Dorsey of the US Bankruptcy Court for the District of Delaware approved the plan, which aims to return 98% of…
Digital currency trading platform Coinbase might soon make a dramatic push in major EU compliance. According to growing musings on X, it is likely to make changes to stablecoin support in the European Economic Area (EEA). Speculation Surrounding Coinbase USDT Delisting As shared on X., there is speculation that Coinbase is planning a potential Tether (USDT) delisting….
OKX exchange has opened the deposits of PayPal’s PayPal USD stablecoin. PayPal USD (PYUSD) is the sixth largest stablecoin in the market. The cryptocurrency market has seen a spur of activity in the last 24 hours. While the Uptober bull run has not begun yet, prices have declined. Meanwhile, cryptocurrency firm Ripple has reaffirmed its…
October 3, 2024 at 02:00 PM GST updated: October 3, 2024 at 12:24 AM 3 mins read Press Release The crypto market is holding its breath with the latest SEC/XRP news. After a landmark ruling cleared XRP of being a security, the US SEC signaled its intent to appeal. This throws a shadow of uncertainty…
Canadian users will lose access to Gemini’s services by 2024. On September 30th, the company emailed its Canadian users to suggest they withdraw their assets within 90 days. This decision results from Canada’s strict new laws concerning regulating cryptocurrency exchanges. New guidelines from the Canadian Securities Administrators (CSA) in February 2023 require crypto exchanges to complete a…
Crypto exchange Bithumb stated in a shareholders’ meeting that it plans to expand to US markets. Bithumb has faced several regulatory complications in the past years. Cryptocurrency is expanding from the local to the global on a daily basis. The sector has become a site for partnerships and has revolutionized international relations over the past…
FTX Token (FTT) surged over 110% to reach a nine-month high, with trading volume skyrocketing by 3653%. Speculation about FTX’s repayment to its creditors is fueling the rise in FTT’s price. FTX Token (FTT), linked to the bankrupt crypto exchange FTX, saw a dramatic surge on Sunday, gaining over 110% in just 24 hours. Alongside…
Bithumb is South Korea’s second largest crypto exchange. The company held a shareholder meeting on Sept. 30 and eyes a potential listing on Nasdaq. Bithumb, the second largest crypto exchange in South Korea, is reportedly considering public listing in the US. According to a local news report in dnews, Bithumb held an extraordinary shareholder meeting…
September 29, 2024 at 05:00 PM GST updated: September 29, 2024 at 08:43 PM 3 mins read Press Release Lunex Network (LNEX) is catching the eye of Coinbase and Uniswap users as it aims to redefine the decentralized finance space. The emerging multi-chain bridge network promises innovative features and competitive advantages that could challenge existing…
Your guide: 5 Best Decentralized Exchanges in Crypto 2024 The emergence of distributed exchanges (DEXs) has completely changed the interactions between traders and investors with digital assets. These creative platforms provide a different method of trading. Such as emphasizing user autonomy, privacy, and security. Finding the best DEXs becomes essential for everyone trying to negotiate…
The Binance founder CZ was released on Friday and has seen a profound welcome from the community on his return. The cryptocurrency exchange has combated several regulatory complications in the past months. The crypto community spurred into action on the release of Binance Founder and former CEO Changpeng Zhao. CZ as speculated by the community…
Binance Founder and former CEO Changpeng Zhao (CZ) will be released early on Friday. The cryptocurrency community speculates a bullish price movement resulting from the founder’s release. Crypto traders worldwide welcomed an astonishing report that stated CZ’s early release from prison. This news comes amid a circumstance when the crypto market is witnessing increased volatility….
September 26, 2024 at 05:55 PM GST updated: September 26, 2024 at 05:46 PM 2 mins read News Crypto News Land and Bybit join forces to launch a series of reward campaigns. The crypto media company is celebrating 500,000 website users and wishes to celebrate. With this campaign, Crypto News Land is giving back to…
Binance has started offering pre-market spot trading, the first time an exchange is offering the trading of actual tokens before they are listed on the regular spot market. This new initiative helps users get early access to a newer token and even helps them change their trading plan. Whereas competitors use derivatives, the service uniquely provides…
Four victims or family members of victims of state-sponsored terrorism have sued the U.S. DOJ in federal court. The lawsuit accuses the DOJ of improperly delaying or withholding the distribution of funds from Binance’s $4.3 billion settlement. The U.S. Department of Justice (DOJ) is facing a lawsuit from four individuals, including victims and relatives of…
Kraken has closed the acquisition of Dutch cryptocurrency exchange Coin Meester B.V. The exchange has been expanding its services across EU ahead of MiCA regulation. Crypto exchange Kraken has completed the acquisition of Coin Meester B.V., or BCM, a regulated Netherlands-based crypto broker. BCM has regulatory approval as a registered virtual asset service provider in…
BingX has incurred a crypto hack to its hot wallet in the Asian early morning hours. The crypto exchange has not announced the total amount of funds lost yet concerning users. Singapore-based cryptocurrency exchange BingX reported a hack in the Asian morning hours of September 20. H2 2024 has seen increasing reports of cryptocurrency hacks…
BingX was hacked early Friday, Sept. 20, with $43 million in cryptocurrencies stolen from the exchange’s hot wallet. Hacker stole ETH, BNB, USDT and over 300 other coins and tokens. On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB. BingX has been hacked, with the security breach resulting in…
Bitget Exchange surpasses 45 million global users, making it the fourth largest Crypto Exchange. BGB token tops Forbes Crypto Rankings in the first half of 2024. Bitget exchange has reached a new milestone, surpassing 45 million users worldwide, CEO Gracy Chen announced at its sixth-anniversary celebration in Singapore. This achievement highlights the platform’s rapid growth….
Coinbase has firmly denied claims that it provided BlackRock with special borrowing privileges for Bitcoin. The controversy began when Tyler Durden claimed Coinbase gave Bitcoin IOUs to BlackRock, which could affect Bitcoin prices. The world’s second-largest crypto exchange, Coinbase, has denied allegations that it granted BlackRock, the world’s largest asset manager, special privileges to borrow…
Kraken, a cryptocurrency exchange, has removed the Bitcoin Lightning Network service for its users in Germany owing to technical modifications. The suspension was initially ascribed to regulatory concerns by a Kraken support representative; however, a spokeswoman for the San Francisco-based firm emphasized that Kraken Support had erroneously identified these modifications as the cause for the…
The cryptocurrency exchange known as Bitstamp, which is going to be acquired by the trading software known as Robinhood, intends to work closely with Ripple on this endeavor. A significant amount of attention is being paid by Bitstamp to the forthcoming derivatives exchange, as stated by Eva Gartner, who serves as the Head of Strategic…
Coinbase, a renowned American crypto exchange, has launched wrapped Bitcoin (cbBTC) on its Ethereum Layer-2 solution, Base. As a result, Bitcoin (BTC) holders can now access BTC on Decentralized Applications (dApps) on Base and the Ethereum (ETH) ecosystems. First Wrapped Bitcoin on the Base Layer 2 Network Coinbase’s cbBTC is an ERC20 token with a…
OpenEden has received investment from Binance Labs, and the platform plans to tokenize real-world assets (RWAs) such as US Treasury Bills. Thus, this partnership follows OpenEden’s mission to integrate traditional finance with decentralized finance (DeFi). Through a partnership with Binance Labs, OpenEden aims to expand its products and provide secure and earning-generating solutions to institutional and…
September 12, 2024 at 02:46 AM GST updated: September 12, 2024 at 12:43 AM 2 mins read News Mark Karpeles launches EllipX, a crypto exchange offering real-time transparency and fully audited reserves. EllipX is based in Europe, leveraging MiCA regulations for a secure operating environment. Karpeles, Mt. Gox’s former CEO, applies past lessons to ensure…
September 11, 2024 at 11:20 PM GST 2 mins read News Indodax suffered a $20M crypto hack, with funds swapped into Bitcoin, Ethereum, and other major assets. Indodax’s hacker currently holds 5,204 ETH, 25 BTC, and various other assets totaling $20M. Indodax continues to investigate the breach, while conducting maintenance to ensure platform security. Indodax,…