Binance, the world’s largest crypto exchange, has made a significant move by announcing the sale of its Russian operations and its complete exit from the country. This decision comes in the wake of reports suggesting that the U.S. Justice Department…
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Bybit Halts Services in the UK to Comply with New Regulations
In a recent development in the cryptocurrency industry, Bybit, a prominent crypto exchange, has announced the suspension of its services in the United Kingdom. This decision comes as a response to the implementation of new regulations aimed at enhancing consumer…
Coinbase Strategic Pursuit of FTX Europe Acquisition to Expand its Global Derivatives Business
In its continuous drive to strengthen its position in the global crypto derivatives market, Coinbase, a leading cryptocurrency exchange, explored the possibility of acquiring FTX Europe. This strategic move aimed to expand Coinbase’s overseas derivatives business and capitalize on the…
Coinbase Executive Hints at Potential Tokenization of Base
In the ever-evolving landscape of cryptocurrencies, Coinbase, one of the leading crypto exchanges, has hinted at the possibility of issuing a token for its Ethereum layer 2 chain known as Base. This revelation presents an exciting opportunity for investors and…
JPEX: Hong Kong investigates influencer-backed crypto exchange
Hong Kong police are probing alleged fraud at cryptocurrency platform JPEX after investors claimed losses of HK$1.3bn ($166m; £134m). This case, which has led to the arrests of eleven individuals, including popular influencers, could be one of Hong Kong’s most…
Cardano (ADA) Welcomes First Crypto Options Exchange: What to Know
The Cardano (ADA) ecosystem is experiencing a growing wave of Decentralized Finance (DeFi) protocols. Among these, the OptionFlow testnet has taken a prominent position, enabling Cardano (ADA) users to engage in “put” and “call” options trading within a fully on-chain…
eToro Receives Approval to Operate Crypto Services in Europe
In a significant development for the cryptocurrency industry, leading trading platform eToro has recently obtained regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to operate its crypto services in Cyprus. This approval not only allows eToro to offer…
Hong Kong JPEX Scandal: Suspects’ Ties to Cryptocurrency Platform and SFC’s Disclosure
Hong Kong has been rocked by a massive financial scandal involving the JPEX cryptocurrency platform. As the investigation unfolds, the true orchestrators of the alleged deceit remain at large, adding to the complexity of the case. Peripheral suspects have been…
Coinbase’s Base Overtakes Solana After Recording Over $530 Million TVL
Base is a new layer 2 blockchain which intends to create a new network where people can build more solutions. So, they recently saw a massive increase in the TVL. Base Overtakes Solana With Over $530 Million TVL L2Beat Contrasting…
Coinbase Broadens European Presence Through Acquisition of Bank of Spain License
Welcome to our comprehensive guide on the latest development in the world of cryptocurrency. We are thrilled to announce that Coinbase, one of the leading cryptocurrency exchanges, has obtained a banking license from the Bank of Spain for its operations…