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Exchanges witness unprecedented massive Bitcoin daily withdrawals

Bitcoin in exchanges

Bitcoin withdrawals from exchanges are happening at a pace we haven’t seen in years, indicating a bustling activity that could signal a bullish future for the cryptocurrency. As BTC’s price teeters on the brink of surpassing all-time highs, a closer look at the numbers reveals a trend reminiscent of 2021, a year marked by significant […]

Hong Kong mandates crypto exchange insurance at 50% for licensing

Hong Kong mandates crypto exchange insurance at 50% for licensing

Marking a bold move in the cryptocurrency sector, Hong Kong’s Securities and Futures Commission (SFC) has recently mandated a minimum insurance requirement of 50% for licensed crypto exchanges managing customer assets. This groundbreaking rule, aiming to bolster the security and integrity of digital asset exchanges, reflects Hong Kong’s commitment to establishing a robust and reliable […]

Best Crypto Exchanges in 2024: Monitoring Market Performances

Crypto exchanges

The cryptocurrency market is one of the most popular in the world, particularly among Generation Z. Crypto exchanges have been the talk of the crypto community for several months. The failure of multiple crypto exchanges and crypto lending companies over the past several months has left investors unsure of whom to trust. DeFi’s market expansion […]

India takes drastic measures against major crypto exchanges

India takes drastic measures against major crypto exchanges

In a landmark move, India has intensified its regulatory grip on the cryptocurrency market, targeting several prominent virtual digital asset service providers (VDA SPs). The Financial Intelligence Unit of India (FIU IND) has issued compliance Show Cause Notices to nine major offshore VDA SPs, signaling a decisive step in India’s approach to regulating the burgeoning […]

12 Best No KYC Crypto Exchanges

crypto exchanges

When selecting a convenient trading environment, it is vital to consider variables like supported assets, low trading fees, payment options, and security. We considered these considerations when compiling this ranking of the top cryptocurrency exchanges.  Without counting apps and platforms that combine trading in stocks and other assets with cryptocurrency, there are more than 300 […]

Money Printing, Bitcoin ETFs and Legal wins, spike crypto prices

bitcoin price analysis

Bitcoin price has increased 3.40 % in the past 24 hours reaching the 29.5K mark, with Ethereum following closely behind with an increase of  3% with the biggest gainers being Ripple’s XRP and Solana which have seen 6% increases in past 24 hours and surprisingly Bitcoin SV which has seen a surge of 22%. Even […]

Mitigating the Risks of Depositing Your Money into Crypto Exchanges

crypto exchanges

The ascent of the cryptocurrency industry has been nothing short of meteoric. Within a span of just over a decade, cryptographic currencies, once a niche area of interest, have transitioned to mainstream financial instruments. As digital assets gain traction, so too does the infrastructure that supports them — notably, cryptocurrency exchanges. While these platforms play […]

Nearly all crypto trading volume is handled by 8 exchanges

Crypto

Liquidity in dynamic crypto markets is ultra-concentrated, even more so over time, as only a handful of crypto exchanges have emerged as dominant forces holding most of the market’s liquidity.  As per the recent analysis on Kaiko, 8 exchanges hold the lion’s share of the trading volume and market depth. Market Makers are progressively supplying […]

Virtual assets included in UAE terrorist financing and proliferation red flag list guidance

Virtual assets included in UAE terrorist financing and proliferation red flag list guidance

In September 2023, the UAE Executive office for Control and Nonproliferation published a guidance providing consolidated list of terrorist financing (TF) and proliferation financing (PF) red flags that include provisions related to virtual assets. According to the published document, the purpose is to provide a consolidated list1 of Terrorist Financing (TF) and Proliferation Financing (PF) […]

FTX proposes plan to reboot defunct crypto exchange for international customers

FTX Creditor Claims Skyrocket Over 50 Cents, Defying Market Expectations

FTX, the now-discontinued cryptocurrency exchange, has released its plan to categorize its creditors into distinct groups based on their claims. Additionally, the exchange has outlined a potential route for one particular class of claimants to relaunch the FTX platform, involving external investors, subject to the consent of the concerned group. FTX  to restart trading for […]

NAB to block payments to crypto exchanges owing to high scam risk

NAB plans to block payments to crypto exchanges owing to high scam risk (1)

National Australia Bank(NAB), an Australian lender, is planning to block payments to crypto exchanges with high risk to lower the amount of scam losses. The bank is joining other big lenders in the country in their efforts to curb access to digital assets platforms due to the high scam risk associated with them. NAB is […]

Crypto exchanges pooled $2.5b to safeguard users after FTX

crypto Exchanges pledged $2 5B to user protection funds amid FTX’s collapse

Following the unexpected bankruptcy of the once-celebrated cryptocurrency exchange FTX, which led to a loss of $4 billion in customer deposits, the crypto landscape has been undeniably shaken. As a response, crypto exchanges have pooled a staggering $2.5 billion, making significant strides in safeguarding their users and renewing their focus on credibility. The emphasis on […]

Crypto exchanges on high alert after SEC-Binance and Coinbase

Crypto exchanges on high alert after SEC-Binance and Coinbase

The stage is set for heightened tensions in the realm of cryptocurrencies as the United States Securities and Exchange Commission (SEC) takes two of the world’s largest crypto exchanges, Coinbase and Binance, to court. Allegedly, they’ve been playing fast and loose with SEC rules, prompting other crypto exchanges to reassess their strategies and brace for […]

20 Best Crypto Wallets in 2023: Why You Need One Now

best crypto wallets

Crypto wallets are used to store, buy and sell digital currency. Wallets might be hardware, software, an app, or the cloud. Many crypto users prefer non-custodial wallets since they allow the management of their own private data. With a non-custodial wallet, you don’t have to trust a third party with your private keys. The bankruptcy […]

Learning from the FTX collapse: Are centralized exchanges really safe?

FTX

The recent collapse of popular crypto exchange FTX is again raising the question of ‘who actually controls our crypto assets?”. This whole debacle has significantly damaged the crypto industry, as almost every major cryptocurrency is experiencing historical downtrends. What’s worse is that thousands of users have lost full control of their crypto assets on the […]

Is FTX taking bribes to allow crypto withdrawals?

FTX

Crypto exchange FTX is under more scrutiny, as users on Twitter allege that someone from the inside is taking bribes to KYC customers and helping them withdraw funds. A user profile named ‘Algotrading’ posted a few days ago, saying that he had his 8-figure worth of assets locked up on the exchange. This is also […]

How to Connect Trust Wallet to Pancakeswap

connect trust wallet to pancakeswap

Cryptocurrency is reshaping the current economy in ways that have never been seen before, and it is predicted that it will eventually replace the physical money exchange system. With their peer-to-peer and encrypted transaction methods, cryptocurrencies have largely benefited from people’s constant need to secure their money. One prescribed way is to connect Trust Wallet […]

New Coins Coming to Pancakeswap: DEXes better than CEXes?

New coins coming to Pancakeswap

Pancakeswap is a decentralized exchange built on the Binance Smart Chain. It is one of the most popular exchanges in the DeFi space and allows users to trade various assets, including BEP20 tokens. By utilizing smart contracts to replace the entities that supervise transactions, a DEX differs from a traditional centralized exchange, such as Binance […]

New Coins Coming to Coinbase: Pumping Prices?

new coins coming to coinbase

With a customer network that boasts 73 million users in over 100 countries globally, Coinbase can easily be regarded as one of the world’s biggest cryptocurrency exchanges. And with every passing year, Coinbase seeks to improve its services by primarily granting investors access to new credible blockchain projects they deem to have the potential to […]

New Coins Coming to BitMart: Top Picks from Projects

New coins coming to bitmart

BitMart provides a basic buy/sell bitcoin functionality for novices and a variety of cryptocurrency-earning opportunities in addition to sophisticated cryptocurrency spot and futures trading platforms using blockchain technology. BitMart ranks in the 20 top crypto exchanges in the world. New coins coming to BitMart could be an exciting time not only for founders but for […]

New Coins Coming To Binance: Early Investing Options

New Coins Coming To Binance

So many cryptocurrencies emerge daily in the crypto market, making it challenging to begin the selection process. Binance adds new listings and only accepts credible projects. But have you heard of the Binance listing effect? Or any exchange listing, for that matter? Observers noted that certain exchange listing news reliably moves crypto prices. Take note, however, […]

How to Stake on Exodus: Estimated APR 1.24% to 13.88%

how to stake on exodus

After a record-breaking 2021, the ongoing volatility in the larger cryptocurrency market has given many investors and experimenters time to think. It may be time to look beyond the frequently mentioned characteristics of the cryptocurrency story, such as its strong momentum, institutional interest, spectacular gains, rapid technological innovation, celebrity endorsements, social media promotion, and the […]

Will Coinbase go bankrupt?

Coinbase

The bearish crypto market has resulted in the loss of a huge amount. The investors continue to face hard times as they have lost a considerable amount. Coinbase, one of the leading crypto exchanges, has faced equal backlash. The result has been a decrease of a quarter in its value till May 2022. The updates […]

Sunacrip: The Venezuelan crypto watchdog tightens control

Sunacrip

Latin American countries were on the lead during the expansion period of crypto. Now, they have also begun to adopt policies to protect their public from negative impacts of recession. The latest news is from Sunacrip, the Venezuelan crypto watchdog, which has shared new directives regarding crypto transactions and unauthorized crypto exchanges. The main aim […]

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