What Happened: CZ is currently facing mounting regulatory scrutiny from US federal agencies, as well as regulators in Canada, Australia, and Dubai. Teng joined Binance in August 2021 as Singapore CEO …
Binance’s Regulatory Woes Pave a Path for CEO Zhao’s Heir Apparent
Binance’s payments partner in Australia had abruptly cut it off, meaning local customers couldn’t deposit Aussie dollars on the platform via bank transfer. The hit to business was immediate, with …
Flash News: OKX Updates its Shark Fin Structured Product
DUBAI, United Arab Emirates, May 28, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of May …
Binance to support the Lightning Network for its exchange and wallet services
With traders and investors opting for cheaper and faster transactions, the largest exchange by trading volume is looking to integrate the Lightning Network for its Binance Pay and related wallet …
Binance’s Web3 Reality Show ‘Build The Block’ Crowns zkPass as Winner
UAE, June 2, 2023 /PRNewswire/ — Today Binance announced zkPass as the winner of its global digital series Build The Block where Web3 startups competed for Binance Labs investment. The …
Flash News: OKX Enhances its Futures Dollar-Cost Averaging Trading Bot to Further Enrich Users’ Trading Experience
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of June 2, 2023. OKX Enhances its Futures Dollar-Cost Averaging Trading …
Flash News: OKX Earn Launches Conflux Staking Campaign
DUBAI, United Arab Emirates, May 30, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of May …
OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking
OKX, a leading Web3 company, today introduced its proposal for a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens.
Gemini Exchange To Acquire License To Operate In United Arab Emirates
Gemini’s move is another sign of exchanges seeking alternatives to the American market as regulatory uncertainty takes its toll.
BBF Limited’s “Baby Shark BubbleFong Friends” Boosts Global Expansion with Dubai Subsidiary and Introduces Exclusive Binance NFT Pre-Sale
BBF Limited, the driving force behind the revolutionary Web3 Gaming project “Baby Shark BubbleFong Friends,” has taken a momentous leap by establishing an overseas subsidiary at the prestigious Dubai …
The Kraken COVID variant is coming — but not yet
The EU’s disease control agency has good news and bad news when it comes to XBB.1.5, the coronavirus sub-variant nicknamed Kraken that is ripping through America and keeping epidemiologists up at …
Flash News: OKX to Adjust Tick Size of Spots/Margins and Perpetual Swaps, will Support Optimism Upgrade and Hard Fork
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of May 31, 2023. OKX to adjust tick size of spots/margins and perpetual …
Canada’s Recent Regulatory Development Sees Exit Of Another Major Crypto Exchange Platform
ByBit said it would no longer accept account opening applications by any identified Canadian residents and existing Canadian nationals starting Wednesday.
Coinbase May Shift Base To The UAE: Will Ethereum, Signuptoken.com Follow Suit?
Cryptocurrency exchange giant Coinbase has announced that it will be visiting the United Arab Emirates (UAE) to explore potential business opportunities in the region. The move is seen as a …
Meddling In The Middle East? Coinbase To Strategically Venture Into UAE For International Operations
Brian Armstrong, and Murugesan were in the United Arab Emirates (UAE) during the last week to meet with officials, entrepreneurs in the Web3 and cryptocurrency industries, and clients. Armstrong had …
Bybit crypto exchange follows Binance in exiting Canada amid tightened rules
Dubai-headquartered Bybit said it will exit the Canadian crypto market and stop accepting new accounts from Wednesday, citing a “recent regulatory development.” …
Binance Australia selling bitcoin $6k cheaper than other exchanges
Australian money is rushing out of the crypto exchange, and customers are willing to accept a big haircut to cash out their holdings.