Crypto Exchange

Binance officially acquires CoinMarketCap for an undisclosed sum

Binance announced that it has completed the acquisition of CoinMarketCap, the world's most-referenced cryptocurrency data tracking site. Over the last couple of years, Binance has made several acquisitions all over the world to make cryptocurrency accessible to people. Earlier,...

Bitcoins held by BitMEX drop by 25% in the past month

One of the largest crypto derivatives exchange in the world, BitMEX witnessed massive liquidations in the last one month. The exchange is seeing its BTC supply shrink drastically. March was one of the worst months in the history of...

Brazilian crypto exchange XDEX shuts down, citing regulatory uncertainity.

The Brazilian crypto exchange, XDEX, is now officially closed. The exchange cited market crisis and a lack of clear regulations as reasons for its closure. Customers of the exchange are expected to withdraw all their funds in the next...

Binance is reportedly eyeing to acquire CoinMarketCap in a multi-million dollar deal.

According to a report by The Block, Binance is looking to pay as much as $400 million to acquire the crypto data analysis firm CoinMarketCap. The deal is reportedly in the final stages, and an official announcement is expected...

Malta authorities crack down on unlicensed crypto companies.

The Financial Services Authority in Malta had warned two crypto companies COINMALEX and Crypto Foxtrades that claimed that they are registered and licensed in Malta, but according to MFSA, those claims are false. Malta authorities issued a warning to...

Singapore authorities provide license exemption to crypto companies for six months.

The Monetary Authority of Singapore has exempted a number of crypto companies from obtaining a license and operating for six months.¬†Among the companies benefiting from this six-month exemption period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.   Singapore authorities...

Ripple donates $200,000 to help fight the coronavirus pandemic.

The coronavirus outbreak has taken over 21,000 lives so far, and over 450,000 have been found positive of COVID 19. The blockchain company behind the XRP, Ripple, has announced to join the fight against the coronavirus. Besides allowing workers...

Brave collaborates with crypto exchange Binance to develop in-browser crypto trading.

Internet browser Brave, which has established itself as one of the best privacy-focused browsers, announced a partnership with Binance, which is one of the leading crypto exchanges in the world at the moment. There, a natively-integrated crypto widget executes...

Two Canadian citizens sentenced to jail for running a bitcoin scam on Twitter.

The bitcoin scammers were found guilty of conspiring to commit wire fraud and money laundering using the leading cryptocurrency bitcoin. Karanjit Singh Khatkar and Jagroop Singh Khatkar were sentenced to 24 months in federal prison with three years of...

Starbucks will accept crypto payments via Bakkt Cash app

The subsidiary of the Intercontinental Exchange, Bakkt, recently announced a payment integration with the multinational coffeehouse chain Starbucks. Currently, the crypto payment option is only in a limited beta version. Bakkt recently raised $300 million as part of a...

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Wall Street live updates: Dow Jones, S&P 500 show signs of recovery

The US benchmark indices opened low on Thursday and dipped almost 1%. However, this faded soon after as the...