Kraken Exchange has taken a bold step into the future of trading by launching xStocks, offering 60 tokenized U.S. stocks for 24/5 trading. This move bridges the gap between traditional finance and blockchain technology, providing unprecedented flexibility for traders. What is Kraken xStocks Trading? Kraken’s xStocks allows users to trade tokenized versions of popular U.S. […]
In a groundbreaking move, Japanese crypto exchange BACKSEAT has secured $9.69 million in seed funding, bringing its total funding to $14 million in its first year. This explosive growth signals strong investor confidence in the future of blockchain technology in Japan. Why is BACKSEAT’s Funding a Game-Changer for Crypto Exchanges? The recent seed round was […]
FTX, the once-dominant cryptocurrency exchange that collapsed in 2022, has finally begun repaying its creditors. This marks a significant milestone in the long and complex bankruptcy process. If you’re among the thousands waiting for your funds, here’s what you need to know about the FTX creditor repayments. FTX creditor repayments: Who gets paid first? According […]
Kraken, one of the largest U.S. cryptocurrency exchanges, has made headlines with its latest $500M funding round at a staggering $15B valuation. This marks a 36% increase from its 2022 valuation, signaling strong investor confidence and setting the stage for a potential 2026 IPO. But what does this mean for the crypto market? Let’s dive […]
In a surprising move, Binance, one of the world’s largest crypto exchanges, has announced the delisting of four spot trading pairs. Effective July 4 at 03:00 UTC, traders will no longer be able to trade ACT/EUR, FIO/BTC, TNSR/FDUSD, and TST/FDUSD. This decision could significantly impact market dynamics for these assets. Which Binance Spot Trading Pairs […]
Attention all crypto traders! Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of Hippo Protocol (HP) deposits and withdrawals. Starting at 06:00 UTC on July 14, users will be unable to move HP tokens due to a critical network upgrade. Here’s what you need to know. Why is Upbit suspending […]
Attention crypto traders! Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of HP token deposits and withdrawals. This move is in preparation for Hippo Protocol’s highly anticipated network upgrade. Here’s what you need to know. Why is Bithumb suspending HP token transactions? Bithumb will temporarily halt all HP token deposits […]
In a groundbreaking move, Bitstamp, one of the oldest crypto exchanges, has secured a Major Payment Institution (MPI) license in Singapore. This marks a significant step in its APAC expansion strategy, especially after its recent acquisition by Robinhood. Here’s what this means for the crypto world. Why is Bitstamp’s MPI License in Singapore a Big […]
Binance, the world’s leading cryptocurrency exchange, is set to launch BULLA/USDT and IDOL/USDT perpetual contracts on July 4. These new trading pairs will offer up to 50x leverage, providing traders with exciting opportunities. Here’s everything you need to know. What Are BULLA/USDT and IDOL/USDT Perpetual Contracts? Perpetual contracts are a type of derivative that allows […]
In a surprising move, South Korea’s prominent crypto exchange Coinone has asked around 30 employees to resign since April as part of an internal restructuring. This downsizing has sent ripples through the crypto community, raising questions about the exchange’s future and the broader industry trends. Why is Coinone Downsizing? According to reports from Chosun Biz, […]
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