Tag Archives: Cryptocurrency News

Binance.US is reportedly closer to acquiring Voyager assets after the UCC secured a deal with the US federal government.  Voyager Digital Holdings sees its $1 billion deal with Binance.US move closer to actualization following an agreement with the US government. Yesterday, the bankrupt crypto lender sealed a deal with the federal government that allows Voyager to sell its assets to Binance.US. On Twitter, the Voyager Official Committee of Unsecured Creditors (UCC) elaborated on the...

The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange. Deribit, the world’s largest crypto options exchange, is expanding its offerings by launching its zero-fee spot trading. Per the announcement, the company will launch a zero-fee spot exchange by April 24. With this development, Deribit now offers a full spectrum of trading opportunities to its clients. The move comes shortly after Binance ended its zero-fee spot trading...

VC giant Andreessen Horowitz noted that more systems will help in offering more robust decentralization for the Optimism platform. On Wednesday, April 19, the crypto wing of the venture capital firm Andreessen Horowitz (a16z) announced its blockchain infrastructure plan of working on a roll-up client for Optimism (OP) dubbed Magi. This helped Optimism’s native OP token to recover from the broad market sell-off on early Wednesday. Yesterday, the Optimism (OP) token price jumped all the way...

Coinbase received its license to operate in Bermuda on April 19th. The action was taken to keep up with the company’s campaign for “global scale to go broad and deep”. Coinbase plans to launch a coastal derivatives exchange in the next week, after it acquired a license to function in Bermuda from the Bermuda Monetary Authority. Coinbase applauded Bermuda as an excessively reputed and professional financial regulator in its announcement. Coinbase had long been looking to inaugurate an...

The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. In a joint financial program dubbed Project Meridian, the Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Centre investigated the use of modern technology to advance financial payments through real-time gross settlement (RTGS) systems. The Project Meridian used central bank money...

Sales activity linked to the collection has already taken off since the announcement. It appears that the recent indictment of former US President Donald Trump has not deterred him from his Web 3.0 focus. Taking to one of his social media platforms on Tuesday, Trump announced the launch of “Series 2” of his NFT collection – Trump Digital Trading Cards. The statement on Truth Social reads: “I am pleased to inform you that, due to the great success of my previously launched DIGITAL TRADING...

The news comes as crypto companies are looking outside the United States and China for regulatory clarity. Cryptocurrency exchange Kraken has received regulatory approval to operate in Ireland. The company successfully registered its Irish subsidiary Payward Europe Solutions Limited with the Central Bank of Ireland as a virtual asset service provider (VASP) on April 18. The VASP license allows the crypto exchange to legally operate in the country. 📣 We’re pleased to announce that Kraken...

More than $25 million in Bitcoin futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations. After a strong push above $30,000 on Tuesday, the world’s largest cryptocurrency Bitcoin (BTC) has come under heavy selling pressure once again. Over the last hour from press time, the BTC price came crashing down losing by more than $1,000 amid heavy liquidations. As of press time, the Bitcoin price is down by more than 2% and is currently trading at...

Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others. Bitcoin (BTC) bears might be flush with some humiliation as the leading crypto becomes the best-performing asset in 2023. Once again, BTC lived up to its billing as the leading digital asset, with bulls consolidating their ranks in the price tug-of-war. However, positive signs suggest that the world’s largest crypto by market cap is on an upward trajectory. Furthermore,...

Coinbase Global shares have gained more than 91 percent YTD to trade around $69.72 on Tuesday amid Bitcoin’s 2023 pump. Coinbase Global Inc (NASDAQ: COIN) was served a Wells notice from the US Securities and Exchange Commission (SEC) for an undefined portion of its listed digital assets, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. With several other top centralized exchanges including Bittrex and Binance under the SEC’s radar, Coinbase Global has begun exploring global options,...