Friday, December 9

Tag: Crypto Exchange

Coins.ph, The First Cryptocurrency Exchange In Asia To Hold Both Virtual Currency and Electronic Money Issuer Licenses From A Central Bank Now Lists Shiba Inu
Shiba Inu

Coins.ph, The First Cryptocurrency Exchange In Asia To Hold Both Virtual Currency and Electronic Money Issuer Licenses From A Central Bank Now Lists Shiba Inu

The popularity of the second-largest meme coin has not come down at all rather it is increasing. Various platforms are having eyes on the meme coin and over the past few weeks, the meme coin has gotten a lot of support from crypto exchanges and companies. A couple of days ago, Shiba Inu has gotten a record-breaking milestone as its holders now hit over 1.2 million as stated by the data from whalestat. According to the same source, it was previously reported that the Shiba was ahead of every other altcoin among the top Ethereum whales after ETH, with an average amount held of over $563 million and an average quantity held of over 49.4 trillion Coin.ph, The First Crypto exchange in Asia Listed Shiba Inu Recently, Coins.ph, one of the oldest cryptocurrency exchanges listed Shiba Inu...
KuCoin Launches Its Inaugural Futures Global Team Battle With $1 Million In The USDT Prize Pool As Its Users Hit 20 Million.
Crypto Guides

KuCoin Launches Its Inaugural Futures Global Team Battle With $1 Million In The USDT Prize Pool As Its Users Hit 20 Million.

KuCoin has been increasing in users’ addresses despite the general downward trend in crypto market capitalization. KuCoin’s users hit 20 million even amid the trading competition among the crypto exchange platform. According to the record, KuCoin nearly doubles its user, for instance, 659% of the year-to-year count rise registered in Asia. Read Also: SHIB Is Now In the Top 10 In terms Of Trading Volume Among The 100 Largest ETH Whales In The Last 24 Hours. Important things to know concerning KuCoin. The platform was established as far back as 2017 as a multi-crypto ecosystem with its base in Seychelles,  located in the Indian Ocean which is between 480 and 1,600 km from the east coast of Africa. Despite this distance from the continent's mainland, the nation is, politic...
Dubai VARA Offers provisional Virtual Assets License To OKX To Allow Extention Of Products And Services
Blockchain

Dubai VARA Offers provisional Virtual Assets License To OKX To Allow Extention Of Products And Services

OKX, one of the crypto exchanges got a provisional virtual assets license given by the Dubai Virtual Asset Regulatory Authority (VARA). This provision will permit the crypto exchange, OKX to propose additional services to sanctioned investors and financial services providers in Dubai, United Arab Emirates (UAE). Read Also: KtorZ, A Technical Director Of Open-Source Development At The Cardano Foundation, Gave A Reassuring Statement On the Upcoming Vasil HFC Event Interestingly, the UAE government founded VARA, Virtual Assets Regulatory Authority for the following reasons: To provide a legal structure for crypto in Dubai.To aim at securing investors.To create international standards for governance within the industry. It is good to note, that the largest airline in the UAE revea...
Binance Is Now Registered As A Virtual Asset Service Provider By Bank Of Spain; It Is Crucial To Broader Adoption Of Crypto  Says CZ
Uncategorized

Binance Is Now Registered As A Virtual Asset Service Provider By Bank Of Spain; It Is Crucial To Broader Adoption Of Crypto Says CZ

The Binance's zeal to cover the entire globe is growing every day. The evidence is everywhere ranging from the countries they have covered and the areas of the target. For instance, Binance was reported by Crytolifedigital visiting the African continent for the expansion of Binance and crypto as a whole. Recently he met with the Ivory coast's President,  OUATTARA, and the Government on the bright side of crypto adoption and also made requested the integration of this activity into the country’s commercial exchanges. Read Also: Shiba Inu is Now Accepted As Payment In Dripto, A Digital Marketplace More also, in May, the crypto exchange secured VASP approval from France's financial market regulator, Autorité Des Marchés Financiers, giving the exchange the necessary registration t...
FTX Japan Will Start Handling Dogecoin In Its Transactions As It Adds Support On It
Cryptocurrency

FTX Japan Will Start Handling Dogecoin In Its Transactions As It Adds Support On It

As stated by the FTX Japan Twitter page, Dogecoin is currently available on FTX Japan. The crypto exchange stated on its website that it will start handling Dogecoin its physical transactions from Tuesday 5th July 2022. Read Also: DEA Summer Event To Start Next Week With The Support Of Ripple https://twitter.com/FTX_JP/status/1544187532115582982 The translation on their official website stated; “We plan to start handling DOGE in our physical transactions (sales offices/exchanges) and perpetual transactions from 11:00 am on Tuesday, July 5, 2022. DOGE is a unique coin with a Shiba dog motif and is a crypto asset that has gained a lot of popularity in recent years. It will be possible to easily trade this DOGE, which is often heard in the news, on FTX Japan in the future....
Grayscale’s Offer Of Conversion To ETFs Has Been Refuted By SEC And Grayscale Go For Appeal
Bitcoin

Grayscale’s Offer Of Conversion To ETFs Has Been Refuted By SEC And Grayscale Go For Appeal

The long-awaited Grayscale's offer of the approval of the conversion of the GBTC to ETFs has been refuted by the SEC. Due to this, the grayscale has sued the US SEC.“ We're deeply dissatisfied by and don't agree with its decision, ” Grayscale Investments said in a statement posted on its website. The SEC also refuted Bitwise’s operation for a spot bitcoin ETF during the same period. Read Also: IOHK Submits An Offer To Hard Fork Cardano Testnet; Vasil Hark Fork Upgrade's Countdown Starts It happed on Wednesday in a ruling, the SEC denied Grayscale’s offer to list a spot bitcoin ETF on the NYSE Arca exchange. The proposed ETF failed to meet the standard designed to avert fraudulent and manipulative practices and to cover investors and public interest, as stated by the regulator.Graysc...
BabyDoge In The Top 10 List Of The Most-Purchased Cryptocurrencies for the 100 largest BSC investors
Cryptocurrency

BabyDoge In The Top 10 List Of The Most-Purchased Cryptocurrencies for the 100 largest BSC investors

It is almost a week now that CoinMarketCap verified the circulating supply of the 229th-ranked BabyDoge coin, which is found to be 153,207,172.17 billion meme coins. Long before this time, the vote of burning 50 quadrillions BabyDoge was cast and the result was in its favor. As of this six days back, over 8.6 quadrillions have been burnt from the 1st of June. Read Also: Charles Hoskinson Introduced Lace, A Lightwallet platform At The Consensus 2022 event As stated by the crypto tracking service whalestat, BabyDoge has entered the top 10 list of the most purchased cryptocurrencies for the 100 largest BSC investors which could be probably traced to the influence of the original Dogecoin canine cryptocurrency and its proponent, Elon Musk. https://twitter.com/WhaleStatsBSC/status...
CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage
Blockchain

CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage

The CEO of Binance, CZ, revealed the way out of the short-term suspension of the web services. The work of exchange on Binance was not affected despite the shutdown, although the Some of its services, like CoinMarketCap, of course, we're also suspended. Read Also: Rev. Dr. Doge Discloses The Acceptance Of Shiba Inu Alongside Some Few cryptos As Donations By The First Miami Presbyterian Church https://twitter.com/Cloudflare/status/1539140097374793728 Earlier today, Cloudflare was hanging up which resulted in the inability of the crypto exchanges like FTX, OKX, Bitfinex, Bitmex, and Coinbase to access sites. Platforms like Xumm Wallet and Discord also went through the trouble. CZ revealed How the Binance exchange was not affected. When the Binance CEO was asked about the br...
Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.
Cryptocurrency

Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.

Grayscale’s Ethereum and Bitcoin funds are trading with a huge discount on NAV due to the lack of demand and constantly occurring selling pressure. These make them tentatively attractive to the investors who have not yet received exposure to the market via spot assets. What is Grayscale Cryptocurrency Fund? This was one of the famous ways to receive eye-opening to the cryptocurrency market, and it was largely used by institutional investors long before the appearance of Bitcoin or even Ethereum futures exchange-traded funds, and presently, Ethereum fund by Grayscale gives large discounts on NAV. Read Also: Dogecoin's large transactions rose 68% Due To Whales' Activities. Reason for the Discount on Net Asset Value (NAV) Large selling pressure which c...
Binance To Switch Its Current Payments Partner In Brazil To Proffer Solutions For Users
Blockchain

Binance To Switch Its Current Payments Partner In Brazil To Proffer Solutions For Users

Binance, the biggest cryptocurrency exchange,  said in a blog post on Friday, will be switching its current payments partner in Brazil to proffer solutions for users while driving the acquisition process from the local brokerage company Sim; paul, authorized by the Central Bank and the Securities and Exchange Commission (CVM). It will switch from capitual to a local payment provider with extensive experience which will be announced soon. To have a smooth transition in the coming week, Binance says it will take all necessary steps which include the legal related to capitual to prevent users from adverse effects of the transition. As earlier reported by CoinDesk, Binance had suspended deposits and withdrawals in Brazilian reals via Pix. Binance said on the platform that deposi...