Crypto exchange

New Zealand Makes Waves: Debut of NZDD Stablecoin and Multi-Crypto Wallet
Crypto

New Zealand Makes Waves: Debut of NZDD Stablecoin and Multi-Crypto Wallet

In a major move for New Zealand’s crypto scene, Easy Crypto, with Aussie partner Labrys, introduces NZDD, a stablecoin tied to the local currency, the Kiwi dollar. This signals a fusion of traditional finance and digital currency, giving the region a new financial edge. Announcing NZDD – a new stablecoin for New Zealand and the […]

Nov. 22, 2023
Binance Overhaul: Teng Takes Helm as CEO Amid Zhao’s Federal Charges
Crypto

Binance Overhaul: Teng Takes Helm as CEO Amid Zhao’s Federal Charges

Formerly, Changpeng Zhao resigned and admitted before federal charges. His successor was none other than the  CEO of Abu Dhabi Global Market, known as Richard Teng. More importantly, Teng is well experienced, being a Chief executive officer of the financial services authority of Abu Dhabi and Director of corporate finance at the Monetary Authority of […]

Nov. 22, 2023
Bittrex Global Shuts Down Amid Regulatory Woes
Crypto

Bittrex Global Shuts Down Amid Regulatory Woes

In a surprising turn of events, Bittrex Global, a prominent cryptocurrency exchange, announced the impending closure of its operations just months after its U.S. counterpart faced a similar fate. The platform will disable all trading activities on December 4, giving customers a narrow window to complete any essential transactions before the shutdown. After December 4, […]

Nov. 21, 2023
Japan’s Osaka Digital Exchange To Start Digital Securities Trading On Dec. 25
Crypto

Japan’s Osaka Digital Exchange To Start Digital Securities Trading On Dec. 25

Osaka Digital Exchange (ODX) plans to launch Japan’s first digital securities trading platform, “START,” on December 25, according to Bloomberg. This initiative caters to individuals looking for alternative assets that could potentially yield higher returns. As part of the launch, real estate firm Ichigo Owners plans to offer about ¥3 billion (about $20 million) worth of […]

Nov. 21, 2023
Binance Teams Up With Gulf Energy To Open Crypto Exchange In Thailand
Crypto

Binance Teams Up With Gulf Energy To Open Crypto Exchange In Thailand

Binance is set to publicly launch a cryptocurrency exchange in Thailand early next year through a joint venture with Gulf Energy Development, a major energy company in the region. Gulf Energy filed a report with the Stock Exchange of Thailand on Wednesday, stating that Gulf Binance Co. — the joint venture set up by Binance […]

Nov. 17, 2023
Turkey Revamping Crypto Regulations To Exit FATF ‘Grey List’
Regulation

Turkey Revamping Crypto Regulations To Exit FATF ‘Grey List’

Turkey is reportedly drafting new regulations to govern crypto assets to convince the Financial Action Task Force (FATF), a global body responsible for combating financial crimes, to remove it from the “grey list” of countries that have not done enough to combat terrorist financing and money laundering. During a discussion with a parliamentary commission on […]

Nov. 2, 2023
Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs
Crypto

Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs

Crypto exchange HTX (formerly Huobi Global), owned by Chinese blockchain personality Justin Sun, has posted a profit of $98 million in Q3 of this year. As per a thread posted on social media platform X (formerly Twitter), Sun claimed HTX and related companies generated a total of $202 million in revenues during the quarter. However, […]

Oct. 27, 2023
dYdX Unveils Open-Source Code Ahead of Gradual Mainnet Rollout
Blockchain

dYdX Unveils Open-Source Code Ahead of Gradual Mainnet Rollout

The dYdX crypto exchange has recently made­ a significant announcement. In an Oct. 23 blog post, they revealed that they have­ published the open-source­ code for their upcoming Cosmos-based ne­twork, which shares the same name­ as the exchange itse­lf. This marks a significant milestone for dYdX and showcases the­ir commitment to innovation and transparency in […]

Oct. 25, 2023
Coinbase Clarifies Weekly Bitcoin Withdrawal Limits
Bitcoin

Coinbase Clarifies Weekly Bitcoin Withdrawal Limits

Coinbase has addressed the rumors about imposing Bitcoin withdrawal limits on social media, e­mphasizing their inaccuracy. Coinbase, the­ crypto exchange, has refute­d rumors circulating on social media about setting a $5,000-per-wee­k limit on Bitcoin withdrawals. These rumors gained traction afte­r a user’s post claimed such restrictions we­re in place. A user on X (previously known […]

Oct. 24, 2023