Tether has invested in Chile-based Orionx to expand stablecoin-powered financial tools across Latin America, targeting $415B in regional crypto activity.
Cryptocurrency Exchange
Japanese Exchange Coincheck’s Strategic Moves Push Q3 Revenue to ¥123.1 Billion
Coincheck, a dominant cryptocurrency exchange in Japan, experienced a revenue jump of 75% in its third fiscal quarter ending on December 31, 2024. The increase, to ¥123.1 billion from ¥70.3 billion, came after it merged successfully with Thunder Bridge Capital Partners IV and listed on Nasdaq. Gary Simanson, CEO of Coincheck Group, hailed the merger […]
Crypto crackdown: SFC identifies 11 dubious products on Bybit
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has cast a shadow over the cryptocurrency exchange Bybit, labeling it as a “suspicious” trading platform. This move comes despite Bybit’s local entity, Spark Fintech, having submitted its crypto exchange license application earlier this year. The SFC’s updated list of “suspicious virtual asset trading platforms” […]
Stolen Crypto Transfers Through Forbidden Russian Based Exchange
Cryptocurrency on move; the $35 million Atomic Wallet hack’s illicit proceeds are once again in circulation, with sanctioned Russian-based exchange Garantex being the most recent recipient. Elliptic, a blockchain security and compliance company, provided an update on the situation involving the monies stolen from Atomic Wallet on June 13. It claims that the sanctioned Russian-based […]
Crypto Exchange Plans Scrapped: Russian Lawmakers Shift Focus to Regulation
In a surprising turn of events, Russian lawmakers have scrapped their plans to establish a state-owned cryptocurrency exchange. Instead, they have decided to concentrate on creating a regulatory framework for existing crypto enterprises, according to a report by a Russian news outlet. Wu Blockchain on Twitter revealed that private companies could build and operate crypto […]
Huobi And Visa Partner To Launch New Global Card
Popular cryptocurrency exchange Huobi has teamed up with payments behemoth Visa to introduce a brand-new card named Huobi Visa Card across the globe. The agreement, according to the official press release, aims to boost the sector’s development and give customers a more efficient fiat-to-crypto gateway. Several European countries will be the first to offer the […]
Binance And Ledger Partner To Enable Smooth Crypto Purchases And Web3 Growth
To increase the accessibility of purchasing cryptocurrencies, Binance and Ledger have formally partnered. A renowned manufacturer of hardware wallets and one of the biggest bitcoin exchanges have joined forces. The action made public today places more focus on the rising practicality of trading and keeping cryptocurrency. The CZ lead crypto exchange has developed the Web3 […]
Gemini lands in Ireland with its crypto services
Numerous cryptocurrency businesses, Gemini per se, have been strutting their stuff in Europe. While many people believe that Europe may become the next hotspot for cryptocurrencies, another exchange joined the Euro bandwagon. Gemini, the Winklevoss twins’ exchange, has succeeded in getting approval from Irish regulators. Recent rumors claim that Gemini has started offering cryptocurrency trading […]
Huobi global to be acquired by Hong Kong-based firm
The boost that cryptocurrency had been longing for has finally materialised. Crypto exchanges like Huobi Global continued to expand despite the turbulent bear market. While many of them suffered significant losses, certain notable ones, including Binance, Crypto.com, and Coinbase, continued on their expansion drive. Apparently just joining this list with its most recent announcement is […]
Binance and Busan come together for blockchain tech
The crypto-verse seems to have a special meaning for the letter “B.” Blockchain, bulls and bears, and Binance, the biggest cryptocurrency exchange in the world. The company has been dabbling in numerous markets over the past few months as it prepares to expand. The Changpeng Zhao-led crypto platform was seen helping governments grow the crypto […]