CRYPTO MARKET UPDATE

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Crypto Market Braces for Transformation as Michael Saylor Urges Overhaul of Exchanges

The cryptocurrency market is poised for a seismic shift as prominent figures like Michael Saylor, CEO of MicroStrategy, voice their opinions on the future of crypto exchanges. Saylor’s recent interview…
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Major Asset Inflows to Exchanges Reach Cyclical Low

In recent reports, Glassnode, a leading blockchain data and intelligence provider, has highlighted a concerning trend in the cryptocurrency market. The influx of major assets into exchanges has reached a…
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Ripple SEC Lawsuit: Anticipating a Potential Major Victory for the Company

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), prominent crypto lawyer Jesse Hynes has provided valuable insights into the case. Hynes suggests that while…
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BNB Chain: Breaking Records and Shaping the Future of Blockchain

BNB Chain, a leading blockchain network, has set a new milestone by recording its highest transaction count since last May. On May 20, 2023, BscScan data revealed that the BNB…
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Allegations Surrounding Binance’s Commingling of Customer Funds

Binance, the world’s largest cryptocurrency exchange, has been accused of commingling customer funds with company revenue, a violation of U.S. financial regulations. Reports suggest that Binance relied heavily on Silvergate…
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OKX Announces Listing of PulseChain $PLS

OKX, a leading cryptocurrency exchange, has announce the listing of PulseChain $PLS on its spot trading markets. PulseChain, a public blockchain project, aims to provide users with fast and cost-effective…
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Hong Kong SFC Introduces Stringent Measures for Non-Security Token

The Hong Kong Securities and Futures Commission (SFC) has recently launched a conclusions consultation on the regulation of virtual asset trading platforms. In an effort to enhance investor protection and…
OKX

OKX Applies for Regulatory Approval in France, Plans European Hub in Paris

Cryptocurrency exchange OKX has recently applied for regulatory approval in France as part of its expansion plans in Europe. The company aims to establish its European hub in Paris, joining…
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Upbit Resumes KAVA and WAVES Deposit Services

South Korea’s leading cryptocurrency exchange, Upbit, recently made an important announcement regarding the resumption of deposit services for KAVA and WAVES. This development comes after South Korean exchanges collectively removed…
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Coinbase to Remove Trading Pairs to Consolidate Liquidity

Coinbase has announced its decision to remove several trading pairs for certain supported assets in a move to consolidate liquidity. The changes are set to take effect on or around…
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Hong Kong to Allow Retail Investors to Trade Cryptocurrencies

In a significant shift, the Securities and Futures Commission (SFC) of Hong Kong has proposed a new regulatory framework for cryptocurrencies. The new rules aim to allow retail investors to…
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FTX CEO Reveals Ambitious Plans for FTX 2.0

In recent court documents, the ambitious plans of FTX CEO John Ray III for the highly anticipated FTX 2.0 have been brought to light. These documents offer a valuable glimpse…
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Ripple VP, James Wallis On The Future Of CBDC Ripple Platform

In a recent episode of the Thinking Crypto podcast, James Wallis, Vice President of Ripple, sat down with host Tony Edward to share his valuable insights into the world of…
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Strike Integrates Tether’s USDT Stablecoin for Global Payments

Strike, the popular Bitcoin payments app, has announced its integration with Tether’s USDT stablecoin. This integration empowers Strike users to seamlessly send and receive USDT, a stable and low-fee digital…
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Transaction Pinning Attack Explained for Bitcoin

Bitcoin's hot, but transaction pinning attacks can threaten your assets. Learn how these attacks work and how to protect your Bitcoin.
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Dash Network Temporarily Pauses Block Production

Dash Network has announced a temporary pause in block production following the activation of Dash Core’s v19. This decision has had a direct impact on Binance Pool, which has consequently…
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Gemini Considers Providing Forbearance to DCG Amid Default Concerns

Gemini, a prominent cryptocurrency exchange, revealed that Digital Currency Group (DCG) failed to meet its payment obligations of approximately $630 million. As a result, Gemini finds itself in a position…
Hotbit

Hotbit Exchange Suspends Operations, Urges Users to Withdraw Assets

Hotbit, a popular cryptocurrency exchange with over 5 million users, revealed the suspension of its operations. The exchange cited the deterioration of its operating conditions as the primary reason behind…
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