Regulatory Pressures Influence Bitpanda’s, Binance’s Netherlands Exit
Bitpanda, the Austrian cryptocurrency exchange, will stop serving users in the Netherlands from February 1, 2024. The company announced in…
Kraken Makes Big Impression with Strategic Hires, Including ex-Coinbase Executive
In a January 25 blog post, Kraken, the popular US-based cryptocurrency exchange, announced the appointments of Gilles BianRosa and Marcus…
Hong Kong Receives First Spot Bitcoin ETF Application
Top Chinese asset management firm Harvest Global has officially submitted an application to the Hong Kong Securities and Futures Commission…
PayPal’s Stablecoin Surpasses $300 Million in Market Capitalization, Setting New Records
The PYUSD, PayPal’s new dollar-backed stablecoin, has soared over 70% in the last 30 days, according to data from popular…
Terraform Labs Files for Bankruptcy, Trial Starts in March
In a strategic move, the Singaporean cryptocurrency firm behind TerraUSD and Luna, Terraform Labs, filed for bankruptcy on January 21…
Amid IPO Plans, Swan Bitcoin Unveils its Mining Unit
In a statement released on January 25, 2024, Swan Bitcoin, the Bitcoin-only financial services company announced its stealth Bitcoin mining…
Following Regulatory Setbacks, Binance Suspends Operations in Alaska and Florida
Binance, the embattled cryptocurrency exchange, has faced yet another regulatory setback in the United States. The financial regulators in Florida…
Cornerstone-SEC Crypto Enforcement Reached a New High in 2023
A new report from US litigation consulting firm Cornerstone Research has revealed a 53% increase in crypto-related enforcement actions from…
Navigating the Algorand Ecosystem: A Comprehensive Guide for Beginners
Algorand’s blockchain innovation is driven by its native token, ALGO. With a fixed supply of 10 billion tokens, ALGO facilitates…
Delving into Open Interest in Crypto Futures: An In-Depth Guide
Open interest, a crucial metric in the financial trading world, particularly in futures and options, represents the total number of…
