6 / 12 Relevant items tagged with #CryptoExchanges
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Binance Says Nigeria Is Not Yet One of Its Top Markets
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
[Mar 13 5:30 PM] Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have…
Blockchain Advocacy Group Says Nigerian Government’s Actions Could Drive Crypto Activities Underground
Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives Committee
[Mar 4 3:30 AM] Top executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should…
Binance Claims Ignorance of $10 Billion Fine Imposed by Nigerian Government
[Mar 3 7:30 PM] Binance, a leading cryptocurrency exchange, has denied allegations made by a Nigerian government official that it is facing a $10 billion fine. While Binance maintains its commitment to fostering a positive relationship with the Nigerian…
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
[Feb 28 3:30 PM] Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency…
Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets
[Feb 27 3:30 AM] Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt…
Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce
Coinbase CEO Says No Access Block in Nigeria, Platform Operating Normally
[Feb 23 10:30 PM] Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received…
Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain
[Feb 22 1:30 AM] The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank…
Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
Switzerland’s Postfinance Launches Crypto Trading and Custody Service
Okx Announces Expansion in Argentina
[Feb 10 1:00 AM] Okx, one of the largest cryptocurrency exchanges, has announced the launch of its operations in Argentina. The exchange announced that it is launching its trading platform and peer-to-peer (P2P) markets in the country, offering native language…
Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC
[Feb 4 7:34 PM] Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which…
Britain’s Former Finance Minister George Osborne Joins Coinbase’s Global Advisory Council
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
[Jan 31 5:00 AM] South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to…
Binance Survey: 73% of European Users Optimistic About Crypto’s Future
[Jan 29 6:30 PM] A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst…
Study: BTC Is the Most Popular Crypto Asset, Crypto Exchanges Among the Least Trusted Service Providers
[Jan 29 4:00 AM] The data from the latest Coinover study suggests that 17% of the participants own cryptocurrency and 30% plan to do so in the coming year. About 50% of those interviewed said they were positive about their financial earnings, while 20% expressed…
Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023
[Jan 23 4:30 AM] In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with…
Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries
[Jan 18 11:00 PM] Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU…
Crypto Exchanges Trading Volume Hit $10.3T in 2023, New Data Shows
[Jan 17 8:00 PM] CoinGecko’s 2023 Annual Crypto Industry Report has been released. It covers crypto exchanges and their current state, Bitcoin’s +155.2% and Ethereum’s +90.5% growth, analyzing NFT trading volume throughout the year, and more. Among the…
Coinbase Partners With Yellow Card to Expand Access to Its Products in 20 African Countries
[Jan 13 5:00 AM] The leading crypto exchange Coinbase has said it will expand access to its products to 20 African countries. Coinbase also claimed that its partnership arrangement with the Africa-focused crypto exchange Yellow Card can help increase financial…
Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month
[Jan 9 12:30 AM] Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the…
Crypto Exchanges Witness Bitcoin Deposit Boom Amidst Ethereum Retreat
[Jan 4 3:00 PM] According to recent data, in the past month, the quantity of bitcoin residing in centralized cryptocurrency exchanges surged by 32,058 bitcoin. Concurrently, the ethereum reserves on these exchanges have diminished, with 262,904 ether, valued at…
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
Coinbase ‘Extensively Prepared’ for Spot Bitcoin ETF Approval
India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platforms
[Dec 29, 2023 10:30 PM] The Indian government has directed the Ministry of Electronics and Information Technology to bar access to offshore cryptocurrency exchanges deemed illegal within the country. The nine affected crypto platforms include Binance, Kucoin, Huobi…
What to Expect From Bitcoin in 2024
[Dec 27, 2023 10:45 AM] Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto's David Liang.