One of the most famous cryptocurrency exchanges all around the world, Kraken is building a marketplace for non-fungible tokens (NFTs), where users will be able to arrange loans using the tokens as collateral, according to the exchange’s founder and CEO Jesse Powell in an interview published Friday on Bloomberg News’ website. Powell explained that the marketplace is […]
Crypto exchange giant Kraken has announced that it has acquired investment manager and blockchain infrastructure company Staked. The details regarding the purchasing amount are still unknown. Kraken announced this Tuesday that after the acquisition, it has added Staked to its portfolio of yield products. The announcement said that Staked’s mission – to assist investors in […]
Yet another crypto exchange platform has delisted Ripple due to regulatory and legal issues with the SEC around XRP. Newton, the famous Canadian crypto exchange, announced the news in a community release, stating that two coins, Ripple (XRP) and Tether (USDT), will be delisted from the platform. Moreover, the exchange also added that the delisting […]
This week has been full of spices, collaborations, regulatory actions, and even a severe hack in the crypto industry. We at TheCoinRise are here to summarise it for you. Market this week After a long fight between bear and bull, it seems like there’s are winning as we can see the price of most of […]
Cryptocurrency exchange platform FTX has started a mission to help policymakers build a better regulatory framework by developing a set of principles and ideas. The policy promotes many top crypto exchanges’ market-structure choices and urges that they be implemented across all jurisdictions. After the chair of the House Committee on Financial Services, Maxine Waters, asked […]
California-based crypto exchange company OKcoin has announced the appointment of Randi Zuckerberg-the sister of Facebook, now Meta CEO Mark Zuckerberg, aiming to grow the female user base in the crypto world. In a statement released on Thursday, OKcoin claimed that in addition to employing Zuckerberg, it would invest $1 million in an effort to acquire […]
Binance, the cryptocurrency exchange giant has announced that the company plans to begin providing digital services in France by next year. The crypto exchange processes 70% of all crypto transactions worldwide. Despite this, regulators have continued to cast aspersions on the business due to a lack of a physical location and unregistered status. Binance CEO, […]
The blockchain developer Block.one, also known for developing EOS cryptocurrency and EOS.IO protocol, continues its progress with its new crypto exchange subsidiary Bullish. On Wednesday, the company’s subsidiary officially announced on Twitter that Gibraltar Financial Services Commission (GFSC) has finally approved the distributed ledger technology license for its branch Bullish Limited. Block.one announced in May […]
Cryptocurrency and Iranians form a bond with an estimate of 12 million citizens already in possession of one or more coins. One of the chief executives of crypto exchanges states that Iranian traders have a preference for local crypto exchanges. Although cryptocurrency is a decentralized source with a lack of government support, the sphere has, […]
Huobi Exchange, one of the world’s largest trading platforms, is winding down its operations in mainland China, and the firm has published a timeline for the phased liquidations of all active traders on the platform. Responding to local regulations, the exchange said currency-based delivery contract, currency-based perpetual contract, and USDT standard perpetual contract for both […]
Cryptocurrency exchange FTX, may have just gotten itself an advertisement spot in arguably the most watched TV event in America. The championship game of the National Football League is going to be held in Feb. 2022, and according to Bloomberg’s report, FTX after considering the wide reach of the audience of the sport, have decided […]
CoinSwitch Kuber has become the biggest crypto company in India as its valuation reaches a whopping $1.9 billion. But according to an October 6 official announcement, its dominance is coming from raising $260 million in a Series C funding round. The funding round was led by Andreessen Horowitz and the venture capital arm of Coinbase, […]
Uzbekistan has now published a list of crypto exchanges that are yet to be licensed, and has warned its residents to stay clear of such exchanges. Officials of the government agency that made the publication have warned that these trading platforms collect personal data and take no responsibility at all, for the crypto transactions. Uzbekistani […]
Yellow Card, a famous Africa-based cryptocurrency exchange, closed a $15 million fund the series A. This was a financial round conducted by one of the largest venture funds of Blockchain. This might be the starting point for the growth of the continent in the cryptocurrency world. Yellow Card stated on Monday that the fundraiser would […]
After three successful and viral public sales, Bit2Me, a Spanish crypto exchange, has finally raised a total of 20 million EUR ($23.9 million) to expand its newly released token, B2M. The opening sale came on September 6, from which the platform collected a tremendous $5.9 million within a minute. The second sale performed excellently and […]
Cryptocurrency exchange, Huobi Ventures stated on Thursday that Huobi Trust Hong Kong ended the month of August with over $1 billion in virtual assets. The Chinese-based trust is licensed and operates in Hong Kong. It provides custody services for cryptocurrency assets. The company was registered in April as a Hong Kong trust company. Now, it […]
BitMEX has finally joined Binance in modifying its services as exchanges race against time to remain in compliance with new rules and regulations. Recall, South Korea recently made moves to regulate crypto exchanges, and in line with the September 24 deadline, Bitmex has now removed the Korean language from its website. South Korea has since […]
Bitcoin.org has yet again been hit by a distributed denial of service or DDoS attack. Cøbra, the anonymous owner of Bitcoin.org took to his Twitter to announce that the site was compromised with the hackers putting up a scam notice. Bitcoin developer, Matt Corallo also corroborated the news warning users of the site of the […]
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