Latest news on Cryptocurrencies, NFT, Metaverse, Blockchains, Altcoins etc
Cryptocurrency exchange news, analysis, and in-depth articles by Coinxhigh cover the developments of the services in digital assets markets.
Days before the Australian Grand Prix in Melbourne, crypto exchange Kraken signed its first major global sponsorship deal with Williams Racing. Since the collapse of the crypto exchange FTX, which had far-reaching effects on the crypto industry, crypto sponsorship deals with F1 teams have been dwindling. However, the tide…
Story Highlights Congressman Emmer plans new crypto legislation, focusing on market structure and stablecoin regulation. Asia may attract crypto businesses due to US regulatory crackdown. The US crypto community is facing turbulence as authorities continue to clamp down on the industry. Recent events suggest that the US government has…
Hackers run away with millions after yet another crypto-related project gets attacked. SafeMoon, a cryptocurrency project that once received support from well-known celebrities and social media influencers like Jake Paul and Soulja Boy, recently announced that its liquidity pool (LP) was breached. On March 28th, SafeMoon took to Twitter…
Federal judge has put a $1.3 billion acquisition of Voyager Digital assets on hold. Federal Judge Jennifer Rearden of the US District Court in New York approved the US government’s request for an emergency stay, temporarily stopping the potential deal to sell Voyager Digital to Binance.US. The stay will…
press release PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of…
The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, is facing a new 13-count indictment, including charges of bribery related to an alleged $40 million bribe to a Chinese government official. The charges stem from a court filing by United States attorney Damian Williams, which alleges that Bankman-Fried and…
FTX cryptocurrency exchange founder and former CEO Sam Bankman-Fried, or “SBF,” is facing a new 13-count indictment from authorities in the United States. According to a court filing by United States attorney Damian Williams, one of the new SBF’s charges includes an alleged $40million bribe to a Chinese government…
BNB (BNB) looks set to wipe out its March gains entirely as investors turn their attention to the latest regulatory crackdown on Binance, the world’s leading crypto exchange by volume. BNB price logs worst daily performance in over a month On March 27, the U.S. Commodity Futures Trading Commission…
Binance, which currently has 25 employees in Georgia, plans to expand its presence in the country with dozens of job positions by the end of 2023. On March 26th, crypto exchange Binance revealed its plans to set up a new blockchain hub in Georgia. The goal of this hub…
According to the California Department of Financial Protection and Innovation (DFPI), BlockFi has agreed to refund $103,471 to its California clients. According to a March 27th announcement by DFPI, the institution has reached a settlement with BlockFi to refund its Californian users. The deal was reached after a DFPI…
Binance and Changpeng Zhao see the CFTC, Commodities Futures Trading Commission, tightening its grip on the way they operate. According to recent developments, CFTC has alleged that Binance is into offering futures and options that are unregistered, thereby evading the US rules that it must otherwise follow. They are…
Wombat Exchange, the next-generation stable swap exchange, proudly announced its launch on Arbitrum One, the leading Ethereum layer-2 network. This launch will take place on 5 April 2023 at 6 am UTC. The new venture of Wombat Exchange intends to increase accessibility, efficiency, and scalability in the multichain territory.…
National cryptocurrency exchanges have paused their activities in Venezuela according to reports, as the anti-corruption probe on national crypto watchdog Sunacrip and unlawful oil sales continues in the country. Tarek William Saab, attorney general, confirmed the involvement of the institution in a parallel scheme that involved the sale of…
Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao for regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market manipulation. However, investors responded by pulling over 3,400 Bitcoin (BTC) from Binance within 24 hours of…
Binance CEO claims the move from CFTC is “unexpected and disappointing.” In response to a lawsuit filed by the Commodity Futures and Trading Commission (CFTC), Binance CEO Changpeng “CZ” Zhao shared a blog post commenting on the matter. In the blog post, Zhao denied allegations that the cryptocurrency exchange…
Authorities in the United States continue their crackdown on the crypto industry. This time, targeting the crypto exchange Binance and its CEO. A recent Bloomberg report has revealed that the United States Commodity Futures Trading Commission (CFTC) has allegedly filed a lawsuit against leading cryptocurrency exchange Binance and its…
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than…
Binance is currently the biggest exchange in the world. Its native coin is BNB. It has quite a few use cases. For example, in the CEX, you get discounts on trading fees with BNB pairs. It ranks at #4 by market cap. In other words, it is a popular…
Patricia Ibarra is the most recent victim of a crypto scam. She feels bad about the situation, but even worse is that she got some of her own friends and family members involved in the scheme, which means she probably has guilt alongside the anger of being duped. Patricia…
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s…
Coinbase is calling on developers to build a new category of stablecoins, dubbed “flatcoins,” amid the launch of its Layer-2 network. Crypto exchange Coinbase listed “flatcoins,” inflation-pegged stablecoins, as one of the four priority areas the firm would want the developers to explore on its newly launched Layer-2 network…
Binance has held events and initiatives in Georgia. A regional hub strengthens that presence and accelerates the crypto firm’s offerings. According to an announcement published by Binance, the firm will undertake activities like blockchain education, talent acquisition, and accelerating crypto adoption in Georgia after successfully establishing its regional hub…
Cryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain hub in crypto-friendly Georgia. Binance announced on March 26 the opening of its brand-new blockchain hub in Georgia, aiming to promote further adoption of crypto in the country. Referring to the hub as a “Web3 outpost,” Binance…
The Fantom blockchain is mostly known for its DeFi use cases. It’s a fast, secure, and scalable blockchain. The chain is also EVM compatible. Well over 200 dApps already deployed on Fantom. In other words, it’s a popular project. As a result, you can find the FTM token on…
Since the attack, the company has deleted all of its social media accounts. Kokomo Finance, an Optimism-based lending protocol, is under suspicion for orchestrating a $4 million “exit scam.” The company has allegedly exploited a smart contract loophole to siphon users’ funds. Kokomo Finance has operated as an open-source,…
FTX debtors have agreed to sell their stake in Mysten Labs. FTX debtors have entered an agreement with Mysten Labs, the firm behind Sui blockchain, to sell its equity in the Web3 company. The $95 million sale is part of FTX debtors’ continued effort to recover funds and settle…
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds. Bitzlato Founder…
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about…
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players.…
Venezuela’s energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country’s oil company. According to local media reports, crypto mining companies, and tweets from Venezuela’s National Association of Cryptocurrencies, mining facilities…
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