Category: News
Cryptocurrency News
Hong Kong Crypto ETFs Fail to Grab Investor Attention
The Ethereum and Bitcoin spot ETFs issued and approved within Hong Kong are yet to amass the popularity and traction of their American contemporaries. It…
Nigerian Court Delays Money Laundering Case of Binance and Its Executives
Nigerian regulators have put legal proceedings against Binance on hold. The directive to postpone the trial was issued by a judge in the Nigerian court…
Mainland Chinese Investors Cannot Buy Hong Kong-Based Bitcoin ETFs
The citizens of Mainland China will not be able to purchase or seek exposure in Bitcoin ETFs approved by Hong Kong. Bitcoin and Ethereum ETFs…
KPMG Report: 39% of Canadian Institutional Investors have Exposure to Crypto Assets
KPMG Canada representative Kunal Bhasin recently claimed that increasing debt and inflation are two main reasons for crypto investments. The analyst noted that institutional investors…
Bitcoin ETF Demand Slows Down Following Halving
Spot Bitcoin ETF net inflows have dropped considerably. The article noticed that inflows into the crypto-backed funds have continued to rise in contrast to the…
Crypto Investors Agree to Drop Case Against SBF to Pursue FTX Influencers
The group of crypto users finalized the agreement with former FTX CEO SBF as part of a class-action lawsuit that was under process in Florida….
Binance Acquires Crypto License in Dubai Following CZ Exit
Binance exchange star is on the rise. Binance received a registration license to operate in Dubai after the CZ departure. According to media reports, the…
Hong Kong Regulatory Authority Approves First Spot Bitcoin and Ethereum ETFs
The security regulator of Hong Kong has recently approved the first-ever Bitcoin and Ethereum ETFs. As mentioned in a recent report that in-kind creation model…
Binance’s Legal Troubles Threaten Nigeria’s Web3 Sector
The Binance branch of Nigeria has been facing legal troubles. A new report indicated that the head of the cryptocurrency intercommunity working group in the…
DeFi Crypto Exchange Uniswap Receives Wells Notice from the US SEC
DeFi protocol Uniswap received a Wells notice from the Securities and Exchange Commission on 10th April. Uniswap’s Reaction Towards SEC Wells Notice It is important…
Crypto.com Receives Approval to Trade Crypto in Dubai
Crypto.com has now become one of the biggest entities based in Dubai offering crypto trading services. Investors based in Dubai have become the first ever…
Coinbase Gets Restricted Dealer License in Canada
Coinbase is operating two entities in Canada as per a new report. The first firm is Coinbase Canada which has an international trading services provider…
Grayscale Launches Crypto Investment Fund Focusing On Staking Rewards
Grayscale Investments has confirmed an investment fund customized for sophisticated clients eager to expose their portfolios to income generated from staking crypto tokens. Based on…
Ripple is Planning to Launch Dollar-Based Stablecoin to Compete Against USDT and USDC
Ripple is expecting stablecoin to surpass $2 trillion before 2028. the firm is working on introducing a new stablecoin. The firm responsible for issuing XRP…
Crypto Derivatives Platform Deribit Moves to Dubai After Acquiring VARA License
Derivatives exchange Deribit reportedly secured a VARA license recently as per a new Cointelegraph article. Following the license, the firm announced that it is shifting…
Data Regulators in Portugal Halt Worldcoin Activities for 90 Days
The data regulatory authority of Portugal has asked Worldcoin to seize operations for 90 days. As per a new Cointelegraph article, the agency noted that…
US Treasury Probes Hamas’s Utilization of Cryptocurrency Preceding October 7 Attack
US Treasury Investigates Hamas’s Funding Sources The US Treasury Department has initiated a comprehensive investigation into $165 million worth of cryptocurrency transactions suspected to have…
Binance Halts USDC Support on Tron Blockchain
Cryptocurrency investors on Binance have 12 days to exchange their holdings in USDC. A Cointelegraph article reported that Binance has halted support for USDC coin…
SEC Postpones the Approval of Grayscale’s Ether Futures ETF
The Securities and Exchange Commission of the United States recently announced postponing the decision on Grayscale’s Ether Futures ETF application. Grayscale in addition to Bitcoin…
MicroStrategy Buys 9k Bitcoin After Selling Another $604M of Notes
MicroStrategy is a business-intelligence firm that has established the trend of commercial investments in Bitcoin. The firm continued its Bitcoin purchase policy for the better…
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