A relentless storm brews in the financial desert of Dubai as the founders of the ill-fated digital asset hedge fund, Three Arrows Capital (3AC), get hit with a weighty financial penalty. Kyle Davies …
Binance Connect unexpectedly shuts down after 2 years in operation
Binance, a dominant force in the cryptocurrency industry, is once again making waves. Binance Connect, a key segment of the Binance trading universe specializing in regulated cryptocurrency …
Dubai Regulator Sanctions Founders Of Crypto Exchange Opnx
Kyle Davies and Su Zhu, the founders of the defunct digital asset hedge fund three arrows capital (3ac), are now facing a sanction issued by Dubai’s …
3AC founders fined by Dubai regulator over OPNX exchange
Dubai’s regulator said that it will determine further actions against OPNX as the $2.7 million fine remains unpaid.
Virtual assets firm M2 secures Abu Dhabi nod to offer crypto services
ADGM’s FSP license entails M2 to offer institutional and retail clients in the UAE the ability to buy, sell and maintain custody of virtual assets …
Flash News: OKX Lists Lybra Finance’s LBR Token on its Spot Market
LBR is the native token that fuels Libra Finance, a decentralized protocol. Built on Liquid Staking Derivatives (LSD), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH …
Coinbase enters the Canadian market with Coinbase One, free 30-day trial
Coinbase cryptocurrency exchange is extending its already solid grasp on the North American market by expanding into Canada.
Crypto this Friday: Visa Tests Ether Fees, Kraken Outperforms Coinbase on Altcoins, SEC Delays ARK ETF
SEC postpones decision on ARK Bitcoin ETF SEC has postponed the decision on the Bitcoin ETF proposed by ARK Investment Management. On August 11, SEC launched a 21-day public comment period for the …
OKX Nitro Spreads Market Analysis: Bitcoin Delivered 98% of 1H 2023 Returns on Eight Trading Days, More BTC Volatility Expected
OKX, a leading crypto exchange and Web3 technology company, today announced the first report in its series of institutional market analysis entitled ‘How OKX’s Nitro Spreads tool can help …
Flash News: OKX Adjusted Position Tiers of Perpetual Swaps
OKX, a leading Web3 technology company, has issued updates for the day of. OKX Adjusted Position Tiers of Perpetual Swaps In order to improve market liquidity and mitigate risks, OKX adjusted the …
Flash News: Okx Lists Render Network’s Rndr Token On Its Spot Market
DUBAI, United Arab Emirates, Aug. 10, 2023 (GLOBE NEWSWIRE) — okx , a leading crypto exchange by trading volume and a leading Web3 technology compa …
Binance becomes fully licensed in El Salvador, where ‘Philosopher King’ Bukele pushed to make Bitcoin legal tender in 2021
According to the company, it now has approvals and registrations in 18 global markets. Despite its approval in El Salvador, and a recent victory in Dubai, Binance has been under heat from global …
UAE travel: Now, all residents can apply for Japan visas online
All UAE residents who are required to obtain visas to visit Japan no longer have to go to consulate-general in Dubai or the embassy in Abu Dhabi. Now, the application can be done online.
Binance to offer crypto broker-dealer services in Dubai with new license
Binance has reached another milestone in relationships with regulators in the UAE by winning an operational MVP license in Dubai.
Indian expats in UAE can now get help from AI, chatbot
Help desk gets revamped with new system to enhance consular services Dubai: Indian expats in distress will now get consular help with the assistance of Artificial Intelligence (AI) and a chatbot …
RAKBANK, Kraken to offer UAE’s first dirham-denominated virtual asset trading
RAKBANK and leading global digital asset exchange, Kraken MENA are working together to enable UAE residents to trade virtual assets in dirhams using their local bank account. As regulated by the …
The SEC Allegedly Asked Coinbase To Delist Almost Every Token: What Does This Mean For Crypto?
The question of what, if any, crypto assets are securities remains controversial, and its resolution could be a watershed moment for both the U.S. and the global crypto industry.