Decentralized Exchanges (DEXes)

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‘Scam As A Service’ Provider Shuts Down Business

Samuel Pomerleau Mar 4, 2023 0 Comments

Monkey Drainer, the 'scam as a service' provider, is shutting down shop. The criminal enterprise gained notoriety last year after its involvement in some high-profile thefts, the most notable of…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

Coinbase Stops Accepting Payments Through Silvergate Bank

Samuel Pomerleau Mar 3, 2023 0 Comments

Coinbase, a US-based crypto exchange platform, has closed its collaboration with its USD banking partner, Silvergate Bank. The bank cited recent developments as the reason for the move. In the…

Blockchain Crypto adoption Crypto News Cryptocurrency Decentralized Exchanges (DEXes) Decentralized Finance (DeFi)

Texas Regulators Mull Over $1B Voyager-Binance Deal Amid Alameda Loan Claim

Samuel Pomerleau Feb 28, 2023 0 Comments

Regulators in Texas are debating over the benefits of the Binance-Voyager $1 billion acquisition deal to creditors, which is hinged on the $445 million loan claim from Alameda Research. In…

Blockchain Crypto News Cryptocurrency Decentralized Exchanges (DEXes) NFT (Non-Fungible Token) Regulation

India’s WazirX Secretly Shuts Down NFT Marketplace

Samuel Pomerleau Feb 24, 2023 0 Comments

WazirX NFT marketplace, previously touted as India's top non-fungible token marketplace, has ceased its operations. The company closed without giving the users or artists prior notice. Notably, neither the team…

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CoinShares Still Financially Strong Despite Huge FTX Losses

Samuel Pomerleau Feb 23, 2023 0 Comments

Following the FTX saga, certain hedge funds shut down their operations. In contrast, others persevered and managed to stay afloat by successfully navigating the difficulties of FTX's bankruptcy filing. CoinShares…

Blockchain Crypto News Crypto Scams Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

Hong Kong Proposes New Cryptocurrency Licensing Regime

Samuel Pomerleau Feb 21, 2023 0 Comments

The Security and Futures Commission (SFC) in Hong Kong has initiated a public consultation on its new proposal for a licensing regime for cryptocurrency exchanges, which is anticipated to be…

Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

US SEC Proposes New Rules To Stop Crypto Platforms Operating As “Qualified Custodians”

Samuel Pomerleau Feb 17, 2023 0 Comments

The United States Securities watchdog is reportedly targeting crypto exchanges by proposing changes to the rule that would likely impact their services. Part of the proposed rule change is to…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes)

FTX Calls For Return Of Funds Donated To US Politicians

Samuel Pomerleau Feb 16, 2023 0 Comments

During his heydays as the chief executive officer of the now-bankrupt crypto exchange FTX, Sam Bankman-fried was a celebrated philanthropist. From politicians to students, charity organizations, and others, the former…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes)

Celsius’ Creditors Oppose Request To Extend Restructuring Timeline

Samuel Pomerleau Feb 10, 2023 0 Comments

The bankrupt crypto lender Celsius is facing a race against time to extend its deadline for filing a restricting plan after its US trustee and creditors objected to the company's…

Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Decentralized Finance (DeFi)

Zodia Custody Signs Strategic Deal with SBI Digital Asset Holdings to Develop Japan’s Crypto Custody Space

Samuel Pomerleau Feb 9, 2023 0 Comments

The crypto safekeeping platform, Zodia Custody, has teamed up with SBI Digital Asset Holdings to launch crypto custody services in Japan. The partnership will see Zodia Custody working with the…

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Binance Launches Tool To Ease Tax Preparation And Reporting For Crypto Players

Samuel Pomerleau Feb 6, 2023 0 Comments

The crypto tax season is upon us, and all companies (including crypto firms) must prepare. Tax season can be confusing and stressful for novice and experienced crypto users. Binance, the…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

Voyager Creditor Calls For Seizure Of Voyager’s Estate

Samuel Pomerleau Feb 4, 2023 0 Comments

A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…

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UK Treasury Releases Consultation Paper For Crypto Regulation

Samuel Pomerleau Feb 3, 2023 0 Comments

The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…

Bitcoin (BTC) Blockchain Crypto adoption Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Ethereum (ETH)

US Firms Make Up 85% of Bitcoin Purchases – Report

Samuel Pomerleau Jan 31, 2023 0 Comments

Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…

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FTX Crash: Digital Surge Appears As An Unpredictable Survivor

Samuel Pomerleau Jan 28, 2023 0 Comments

The cryptocurrency sector witnessed several tumultuous moments in 2022. The collapse of FTX, one of the prominent crypto exchanges, was one of the significant dips of the year. The news…

Crypto adoption Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes)

Coinbase Teams Up with Borussia Dortmund (BVB) in a Sponsorship Deal

Samuel Pomerleau Jan 24, 2023 0 Comments

Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…

Altcoins Blockchain Crypto News Cryptocurrency Decentralized Exchanges (DEXes) Decentralized Finance (DeFi) NFT (Non-Fungible Token)

1inch Introduces 1inch Hardware Wallet As Self-custody Rises

Samuel Pomerleau Jan 20, 2023 0 Comments

A DEX (decentralized exchange) aggregator, 1inch Network, is the most recent crypto platform to enter the hardware wallet market as self-custody becomes increasingly popular. 1inch Network To Launch Hardware Wallet …

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Coinbase Shutdown Operations In Japan Despite Staff Layoffs

Samuel Pomerleau Jan 18, 2023 0 Comments

Coinbase, a renowned crypto exchange firm, wants to close a huge part of its operations in Japan. This move is part of the exchange's restructuring plan and effort to weather…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Decentralized Finance (DeFi) Ripple (XRP)

Flare Tokens Finally Airdropped To Eligible XRP Holders After A Long Wait

Samuel Pomerleau Jan 14, 2023 0 Comments

Following an almost two-year wait, Flare has started distributing its FLR tokens to eligible XRP holders. The long-awaited distribution has generated massive discussion in the community as members interacted about…

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Binance’s Multicoin Acquisition Raises Questions About Its Feud With FTX

Samuel Pomerleau Jan 12, 2023 0 Comments

In 2021, Binance, the largest crypto exchange in the crypto sector, purchased stakes in the crypto hedge firm Multicoin. However, this investment has raised questions in the Twitter crypto community…

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The Binance Effect Leads To A 41% Increase In The Price Of Newly Listed Tokens – Study

Samuel Pomerleau Jan 11, 2023 0 Comments

According to a study by Ren & Heinrich, Binance's rise as the leading global cryptocurrency exchange may imply that its token listings now receive significant attention. The study monitored 26…

Blockchain Crypto News Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Shiba Inu (SHIB)

Shibarium Team Debunk Rumors And Confirms BONE As Its Only Utility Token

Samuel Pomerleau Jan 7, 2023 0 Comments

Recently, the Shibarium team released an official statement to clarify its users concerning the spreading rumors about its network. The team tweeted that their BONE token is their platform's only…

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SEC Moves To Stop Binance.US’s Voyager Digital Acquisition

Samuel Pomerleau Jan 5, 2023 0 Comments

The US Securities and Exchange Commission has submitted a "limited objection" to prevent Binance.US's deal to buy Voyager Digital, the bankrupt crypto lender. According to reports, the securities regulator wants…

Bitcoin (BTC) Blockchain Crypto adoption Crypto News Crypto Trading Cryptocurrency Cryptocurrency Mining Decentralized Exchanges (DEXes) Regulation

Chinese Communist Party Secretary Connives With Miners To Violate Nationwide Ban

Samuel Pomerleau Jan 3, 2023 0 Comments

Xiao Yi, a Communist Party's provincial secretary in China, has reportedly pleaded guilty after being charged with violating the country's ban on Bitcoin mining. He allegedly accepted bribes from some…

Blockchain Crypto News Crypto Scams Crypto Trading Cryptocurrency Decentralized Exchanges (DEXes) Regulation

Scammers Impersonate US Agency, Claims To Help Affected FTX Users

Samuel Pomerleau Dec 29, 2022 0 Comments

Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…