Latest News
Lido to bridge liquid staking Ether tokens to IBC blockchains
Crypto staking
September 14, 2023
Lido will release the wrapped version of its liquid staking Ether token on blockchains compatible with the IBC protocol.
Binance.US CEO quits while the firm cuts one-third of its workforce
Crypto exchanges
September 13, 2023
Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.
Lido claims LDO and stETH tokens remain safe from fake deposit attacks
Crypto staking
September 11, 2023
Lido announced that Lido DAO and Lido Staked Ether tokens are secure from fake deposit attacks affecting crypto exchanges.
Coinbase eyes expansion to nations with clear crypto rules
Crypto exchanges
September 8, 2023
Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion.
Coinbase to deploy new lending platform for US institutional investors
Crypto lending
September 6, 2023
Weeks after shutting down its Borrow program, Coinbase has decided to launch a new lending platform for US-based institutional clients.
Vitalik Buterin proposes solutions to decrease Ethereum centralization
Ethereum
September 5, 2023
Addressing the centralization of the Ethereum network, Vitalik Buterin highlighted that implementing easier and cheaper node solutions will ensure the ETH blockchain remains decentralized in the long run.
Nexo adds “Dual Mode” credit and debit capabilities to the Nexo Card
Cards
August 31, 2023
Nexo has introduced Dual Mode functionality to the Nexo Card, giving clients the flexibility to switch between credit and debit modes at will.
Base to add native support for stablecoin USDC
Stablecoins
August 30, 2023
Stablecoin issuer Circle announced its plans to launch USD Coin on Base, Coinbase’s layer-2 network.
Polygon deploys Chain Development Kit to simplify L2 network creation
Altcoins
August 29, 2023
Polygon Labs has deployed its open-source Chain Development Kit to simplify the process of building ZK-powered layer-2 blockchains on the Ethereum network.
1inch expands to Coinbase’s layer-2 network, Base
Crypto exchanges
August 25, 2023
1inch has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum scaling solution.
Binance.US partners with MoonPay to add new USD on-ramp service
Crypto exchanges
August 23, 2023
Binance.US has added support for MoonPay to allow users to fund their Tether balance with USD holdings.
Gemini seeks to dismiss SEC lawsuit in its reply brief
Crypto exchanges
August 20, 2023
Gemini has filed a reply brief in the court to dismiss the SEC’s ongoing lawsuit against the exchange.
Ethereum developers to roll out Holesky testnet in September
Ethereum
August 19, 2023
Months after the successful launch of the Shanghai upgrade, Ethereum (ETH) developers announced their plans to release the new Holesky testnet on September 15.
Coinbase secures regulatory approval to list crypto futures in the US
Crypto exchanges
August 16, 2023
The National Futures Association (NFA) has permitted Coinbase to operate a Futures Commission Merchant (FCM).
Coinbase releases crypto trading services for Canadian users
Crypto exchanges
August 14, 2023
Coinbase has officially entered the Canadian market after integrating Interac payment rails into its platform.
XRP momentarily hits $50 following relisting on Gemini
Altcoins
August 11, 2023
The price of Ripple surged to $50 shortly after crypto exchange Gemini relisted the altcoin on its platform.
Circle releases programmable Web3 wallets in public beta
Crypto wallets
August 8, 2023
Stablecoin issuer Circle has launched the beta version of its programmable Web3 wallets on the Ethereum, Polygon, and Avalanche blockchains.
PayPal launches Dollar-pegged stablecoin, PayPal USD
Stablecoins
August 7, 2023
PayPal announced its plans to launch a new stablecoin, PayPal USD (PYUSD), on the Ethereum blockchain to bridge the gap between fiat and Web3 markets.
Coinbase to release Base for general users on August 9
Crypto exchanges
August 3, 2023
Crypto exchange Coinbase will launch its layer-2 network, Base, for general users on August 9.
Litecoin blockchain successfully completes third halving event
Altcoins
August 2, 2023
Litecoin’s third halving event occurred on August 2, causing the altcoin’s mining rewards to reduce to 6.25 LTC per block.
Binance to list 34 crypto tokens on its Japanese exchange
Crypto exchanges
August 1, 2023
Binance plans to add trading services for 34 tokens on Binance Japan, a new exchange that caters to Japanese clients.
The Evolution of Crypto Regulations: An International Perspective
Crypto regulation
July 31, 2023
Different countries have come up with crypto regulatory rules that investors must follow to help stay on the good side of the law.
SEC reportedly ordered Coinbase to delist all coins except Bitcoin
Crypto exchanges
July 31, 2023
Coinbase CEO Brian Armstrong claimed that before suing the exchange in June, the SEC had asked Coinbase to halt trading services for all cryptocurrencies except Bitcoin.
The Future of Crypto Security: Innovations and Challenges Ahead
Crypto Security
July 31, 2023
The crypto industry is enjoying innovations like Quantum cryptography but also facing major issues like regulation.
How to Forecast the Next Crypto Bull Run
Crypto Forecast
July 29, 2023
Factors like multi-month accumulation bottoms, undervalued metrics, sentiment changes, and smart money accumulation can help forecast the next crypto bull run.
Crypto.com receives registration approval from Dutch Central Bank
Crypto regulation
July 28, 2023
Crypto.com secured registration approval from De Nederlandsche Bank (DNB) weeks after Binance exited the Netherlands after failing to register with the regulators.
Binance seeks to file motion to dismiss CFTC charges
Crypto regulation
July 25, 2023
Binance and its CEO Changpeng Zhao intend to file a motion with the court to dismiss the CFTC’s complaint.
Ethereum founder cautions against Worldcoin’s authentication system
Altcoins
July 24, 2023
Ethereum founder Vitalik Buterin highlighted the major issues with the Proof-of-Personhood authentication system used by Worldcoin.
Coinbase to shut down Borrow program over the coming months
Crypto borrowing
July 21, 2023
Coinbase announced its plans to gradually wind down its Borrow program and requested clients to repay all outstanding loans by November 20.
Binance enables Bitcoin deposits and withdrawals on Lightning Network
Crypto exchanges
July 17, 2023
Binance has completed the integration of Bitcoin on the layer-2 protocol Lightning Network to enable faster BTC deposits and withdrawals for its clients.
BNB Chain to add security updates with ZhangHeng hard fork
Altcoins
July 13, 2023
Binance’s BNB Beacon Chain will implement new security features in its upcoming ZhangHeng hard fork.
Circle CEO says yuan-backed stablecoins offer more benefits than CBDCs
Stablecoins
July 11, 2023
In a recent interview, Circle CEO Jeremy Allaire claimed that stablecoins pegged to the Chinese Yuan are better at facilitating cross-country trades than Central Bank Digital Currencies (CBDCs).
Gemini sues DCG for allegedly misleading creditors
Crypto exchanges
July 7, 2023
Gemini filed a lawsuit against Digital Currency Group and its CEO Barry Silbert over allegations of deceiving investors into lending crypto and fiat assets to Genesis.
Circle may issue a new stablecoin in Japan
Stablecoins
July 6, 2023
In a recent interview, Circle CEO Jeremy Allaire said the company may issue a new stablecoin in Japan weeks after Japan’s landmark framework for the regulation of stablecoins came into effect.
Binance ends deposits and withdrawals for 8 Multichain-bridged tokens
Crypto exchanges
July 5, 2023
Binance announced its plans to suspend deposit and withdrawal services for eight Multichain-bridged tokens starting July 7.
Binance burns $230K worth of Terra Classic tokens
Crypto exchanges
July 2, 2023
Binance removed 2.65B Terra Classic tokens from circulation by sending them to a burn wallet.
Court orders Kraken to submit user details to IRS
Crypto regulation
July 1, 2023
The court ordered Kraken to turn over the personal information of certain users to the Internal Revenue Service.
Coinbase claims SEC has no authority over the exchange’s crypto tokens
Crypto regulation
June 29, 2023
Coinbase slammed the SEC’s lawsuit by claiming that the regulatory agency holds no jurisdiction over the cryptocurrencies on its exchange.
OKX adds one-click basis trading with Nitro Spreads
Crypto exchanges
June 27, 2023
OKX released the Nitro Spreads feature on its OTC liquid exchange to allow institutional clients to execute basis trades in a single click.
Bitcoin and Data Privacy: Balancing Convenience and Security in the Digital Age
Bitcoin
June 26, 2023
Discover the delicate balance between convenience and security in the digital age. Explore Bitcoin's role and the importance of data privacy.
Binance retracts decision to remove privacy tokens in EU nations
Crypto exchanges
June 26, 2023
Binance has backtracked on its decision to delist Zcash, Dash, and other privacy tokens in EU countries.
Brian Armstrong plans to turn Coinbase into a super app
Crypto exchanges
June 23, 2023
Coinbase CEO Brian Armstrong unveiled his vision for transforming the exchange into a global super app at the State of Crypto Summit.
Stablecoin issuer Tether aims to deploy USDT on Kava
Stablecoins
June 21, 2023
Stablecoin issuer Tether will launch USDT on Kava, a layer-1 network, to increase its presence on multiple blockchains.
Ethereum developers consider raising maximum validator balance limit
Ethereum
June 19, 2023
Ethereum’s core developers proposed increasing the maximum validator balance cap from 32 ETH to 2,048 ETH to improve network efficiency.
Staking Pools and Validators: How to Choose the Right Ones
Crypto staking
June 16, 2023
Reaping the benefits of passive income has never been easier with the advent of staking pools and validators.
Binance to stop operations in Netherlands
Crypto exchanges
June 16, 2023
Binance announced its plans to withdraw from the Netherlands after an unsuccessful attempt at securing a VASP license from Dutch regulators.
USDT loses peg following massive sell-off on Curve 3Pool
Stablecoins
June 15, 2023
Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.
Tether mints $1B USDT for future issuance on Ethereum
Stablecoins
June 12, 2023
Stablecoin issuer Tether minted $1B worth of USDT tokens at Tether Treasury to meet future demands on the Ethereum network.
Binance.US delists advanced trading pairs for BTC and BUSD
Crypto exchanges
June 8, 2023
Binance.US announced its plans to delist ten BTC and BUSD advanced trading pairs after the SEC pressed charges against its parent company.
SEC sues Coinbase for offering unregistered securities
Crypto regulation
June 6, 2023
Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.
SEC files lawsuit against Binance over alleged securities violations
Crypto regulation
June 5, 2023
The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.
Coinbase to list Bitcoin and Ether futures on its derivatives exchange
Crypto exchanges
June 2, 2023
Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.
Circle drops US Treasury bonds from USDC Reserve Fund
Stablecoins
June 1, 2023
Circle has ditched US Treasury bonds from its USDC reserves to protect the stablecoin from the ongoing US debt ceiling crisis.
Tether to commence Bitcoin mining operations in Uruguay
Crypto Mining
May 30, 2023
Stablecoin issuer Tether announced its plans to mine Bitcoin using renewable energy in Uruguay.
Binance to launch new crypto exchange in Japan by summer 2023
Crypto exchanges
May 27, 2023
Binance will re-enter the Japanese crypto market following the launch of a new crypto exchange in summer 2023.
Binance teams up with Gulf Innova to launch new crypto exchange
Crypto exchanges
May 26, 2023
Binance's new Thailand-based crypto exchange, Gulf Binance, has received digital asset operator licenses from the country's Ministry of Finance.
Stablecoin issuer Circle launches Euro Coin on Avalanche
Stablecoins
May 25, 2023
USDC issuer Circle launched its Euro-backed stablecoin, Euro Coin, on the Avalanche blockchain.
OKX initiates application process to register with French regulators
Crypto exchanges
May 23, 2023
OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).
Vitalik Buterin cautions against extending Ethereum blockchain's core
Ethereum
May 22, 2023
Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.
Bug renders assets inaccessible for Polygon Aave V2 lending pool users
Crypto lending
May 20, 2023
The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.
Tether aims to diversify its reserves portfolio by investing in Bitcoin
Bitcoin
May 17, 2023
Stablecoin issuer Tether announced its plans to strengthen its reserves by using a fraction of the firm's realized profits to purchase Bitcoin.
Coinbase reacts as SEC requests court to dismiss rulemaking petition
Crypto regulation
May 16, 2023
Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.
Lido deploys V2 upgrade to enable staked Ether withdrawals
Crypto staking
May 16, 2023
Lido launched the second version of its mainnet to allow users to redeem their staked Ether assets and receive Ethereum tokens in a 1:1 ratio.
Binance to cease operations in Canada
Crypto exchanges
May 13, 2023
Binance announced its plans to suspend operations in Canada, citing a harsher regulatory environment as the reason behind withdrawing from the nation.
Ethereum mainnet recovers from suspension of block finalization
Ethereum
May 12, 2023
The Ethereum mainnet recovered from an issue that caused the network’s beacon chain to halt the finalization of new transactions for thirty minutes.
OKX sends $57M worth of USDT and MASK tokens to Alameda Research
Crypto exchanges
May 9, 2023
OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.
Brad Garlinghouse claims SEC lawsuit will cost Ripple $200M
Crypto regulation
May 8, 2023
Ripple CEO Brad Garlinghouse estimated that the firm will have spent $200M in its ongoing lawsuit against the SEC by the time the court decides on a verdict.
Ethereum developers reportedly in final stages of planning Dencun update
Ethereum
May 5, 2023
According to project coordinator Tim Beiko, Ethereum’s core developers are already in the final stages of planning the next major update for the ETH network.
Coinbase establishes international crypto derivatives trading platform
Crypto exchanges
May 2, 2023
Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.
TRON founder refunds $56M TUSD transferred to Binance
Altcoins
May 1, 2023
TRON founder Justin Sun agreed to reverse a transaction involving $56M TrueUSD tokens sent to Binance after receiving a warning from the exchange’s CEO.
Ripple reports sale of $361M XRP tokens in Q1 2023
Altcoins
April 28, 2023
Ripple reportedly sold over $361M worth of XRP tokens in the first quarter of 2023.
Binance.US pulls out of Voyager takeover deal
Crypto lending
April 26, 2023
Binance.US backed out of the Voyager acquisition deal, citing the uncertain regulatory environment in the US as the reason for terminating the asset purchase agreement.
