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Tag Archives: Exchange News

Crypto Lender Voyager Digital Enters Chapter 11 Bankruptcy Proceedings

Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing with the Crypto Space Voyager Digital is now the latest victim of the crypto space’s ongoing demise. A few weeks ago, the company suspended all withdrawals – clearly following in Celsius’ footsteps – and commented that the volatility the space was experiencing was unlike...

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Binance Says Goodbye to Some Trading Fees

Binance – the world’s largest and most popular cryptocurrency exchange according to trading volumes – has announced it’s eliminating some of its trading fees. Binance Bids Adieu to Some Trading Fees The fees are being removed for approximately 13 separate trading pairs. The founder of the exchange Changpeng Zhao stated in a recent interview: In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry. At its...

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Paxful Enforces Facial Recognition for Crypto Transactions

Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognition technology iProov is known for to verify customers are who they say they are when being onboarded or engaging in digital transactions. Paxful Is Looking to Eliminate Crypto Crime The crypto world has grown heavily in recent years, and this has come with a downside. That...

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Is Coinbase Allowing the Government to Track Users?

Popular digital currency exchange Coinbase is in hot water after executives were accused of selling users’ private data to ICE (Immigrations and Customs Enforcement). Coinbase Accused of Selling Private Data While specific data of customers is not being disclosed to the agency, Coinbase is allegedly providing it with a suite of features that can be used to track and trace crypto holders on its platform. The company also announced that it was looking to obtain licenses to...

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Crypto Fund Three Arrows Capital Forced to Liquidate

In late June, bitcoin briefly sank below the $19,000 mark again for the first time in several weeks following news that Three Arrows Capital – a cryptocurrency hedge fund – was being forced to liquidate. Three Arrows Capital Is Falling Apart The organization had been under suspicious eyes for some time. Not long ago, representatives of Three Arrows Capital swore that no liquidation was coming, claiming the following: We are in the process of communicating with relevant...

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Hackers in North Korea Blamed for Harmony Attack

Hackers in North Korea are once again making headlines. They are being blamed for the recent attack on a California-based crypto exchange called Harmony that ultimately resulted in more than $100 million in crypto funds vanishing overnight. Hackers in North Korea Labeled “Harmony Attackers” Three digital investigative firms have concluded that North Korea was at the center of the attack on Harmony. The money was stolen on the date of June 23 from a division known as...

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FTX to Process Crypto Rent Payments for Luxury Miami Condos

FTX – one of the largest and newest crypto exchanges in the world – has partnered with Diesel Wynwood Condominium, a luxury residential apartment complex in Miami. The partnership will allow residents to pay their rents and respective living fees with crypto. FTX Joins Hands with Disel Wynwood At the center of the partnership is a firm known as West Realm Shires Services, a payment processing division of FTX. This company will convert any crypto used for rent payments...

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Coinbase NFT Division Experiences Dismal Debut

Coinbase – one of the largest and most popular crypto exchanges in the world – opened its new non-fungible token (NFT) division to dismal results. The department has been in beta mode since late April and finally opened on May 4, yet experienced little traction. The NFT Coinbase Market Isn’t Doing Well Many are wondering if this is a sign that the NFT market has reached its peak. The NFT space has grown exponentially in recent years and now boasts a market cap exceeding...

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Cross Tower Seeks to Make a Difference in India’s Crypto Scene

Cross Tower – a cryptocurrency exchange in India – regulates trading and investing in crypto for institutions. Not long ago, the company launched a set of over the counter (OTC) services, hoping to help high net-worth individuals to get involved in this growing space. Cross Tower Is a Leading Crypto Exchange in India Vikas Ahuja is the chief executive officer of Cross Tower. In a recent interview, he talked about how the company is planning to grow despite the crypto...

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Binance Will Create Crypto Learning Materials for Traders in India

Binance is looking to create several educational programs for crypto traders in India. The world’s largest and most popular crypto exchange by daily trading volume is producing three key educational initiatives and will provide access to several blockchain and crypto-based learning materials. Binance Is Creating Classes for Traders in India Leon Foong – head, APAC, Binance – explained in an interview: This represents an opportunity for us to play our role in educating...

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