Crypto exchanges tackle insider trading after recent convictions
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities. Go to Source Powered by WPeMatico
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Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
There had reportedly been a few deals for crypto commercials in this year’s Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs. Go to Source Powered by WPeMatico
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected. Go to Source Powered by WPeMatico
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%. Go to Source Powered by WPeMatico
FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance, and personnel. Go to Source Powered by WPeMatico
Binance Tax launched to prepare crypto users for the tax season
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. Go to Source Powered by WPeMatico
Overstock-funded tZERO Crypto exchange will shut down March 6
Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens. Go to Source Powered by WPeMatico
Binance severs ties with Indian crypto exchange WazirX
According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets. Go to Source Powered by WPeMatico
Bitcoin’s big month: Did US institutions prevail over Asian retail traders?
There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though? Go to Source Powered by WPeMatico
Binance re-enters South Korea with GOPAX exchange
With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi. Go to Source Powered by WPeMatico