Crypto Exchange

Mastercard has initiated a pilot programme to assess the use of its Crypto Credential programme. The aim of this programme is to ensure that people do not send crypto assets to incompatible blockchains and wrong wallets. Crypto exchanges Bit2Me, Lirium, and Mercado have been onboarded by Mastercard to assist in this pilot.

Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.

Coinbase has launched its ‘Tech Against Scam’ initiative this week. This programme aims to inform the global tech community about ways to safeguard themselves against frauds and online deceit – in an attempt to making the industry a safe space.

The OKX crypto exchange is looking to drive web3 adoption in emerging economies piggybacking on the popularity of smartphones. To do so, it has teamed up with African tech startup Jambo. The crypto exchange will be integrating its wallet and exchange apps with JamboPhone to offer users easy access to Web3.

Without disclosing too many details about the ‘internal planning’, Brazil’s Apex bank has confirmed that laws to monitor the use of stablecoins and the role they can play in foreign exchange settlements and other payments are in the pipeline this year.

CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.

The overall crypto market cap dropped by 0.36 percent in the last 24 hours. Bitcoin saw a slight but notable price surge in the last 24 hours. It's trading at $67,070 (roughly Rs. 55.8 lakh) on international exchanges like CoinMarketCap. Ether, on the other hand, has registered losses and is trading at $3,088 (roughly Rs. 2.57 lakh).

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.

Canada is the latest country that has taken action against crypto exchange Binance. The reason cited for the $ 4 million fine is Binance’s violation of Canada’s anti-money laundering rules while conducting its operations in 2023.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.

Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.

A lawsuit has been filed against Coinbase by a group of six of its customers, claiming that Coinbase has been a part of a shadowy crypto ecosystem operating just outside of the law since formed over 10 years ago.

To complete a pure P2P crypto transaction, one party enters the wallet details of the other one and processes the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture.

Mastercard has initiated a pilot programme to assess the use of its Crypto Credential programme. The aim of this programme is to ensure that people do not send crypto assets to incompatible blockchains and wrong wallets. Crypto exchanges Bit2Me, Lirium, and Mercado have been onboarded by Mastercard to assist in this pilot.

Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.

Coinbase has launched its ‘Tech Against Scam’ initiative this week. This programme aims to inform the global tech community about ways to safeguard themselves against frauds and online deceit – in an attempt to making the industry a safe space.

The OKX crypto exchange is looking to drive web3 adoption in emerging economies piggybacking on the popularity of smartphones. To do so, it has teamed up with African tech startup Jambo. The crypto exchange will be integrating its wallet and exchange apps with JamboPhone to offer users easy access to Web3.

Without disclosing too many details about the ‘internal planning’, Brazil’s Apex bank has confirmed that laws to monitor the use of stablecoins and the role they can play in foreign exchange settlements and other payments are in the pipeline this year.

CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.

The overall crypto market cap dropped by 0.36 percent in the last 24 hours. Bitcoin saw a slight but notable price surge in the last 24 hours. It's trading at $67,070 (roughly Rs. 55.8 lakh) on international exchanges like CoinMarketCap. Ether, on the other hand, has registered losses and is trading at $3,088 (roughly Rs. 2.57 lakh).

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.

Canada is the latest country that has taken action against crypto exchange Binance. The reason cited for the $ 4 million fine is Binance’s violation of Canada’s anti-money laundering rules while conducting its operations in 2023.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.

Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.

A lawsuit has been filed against Coinbase by a group of six of its customers, claiming that Coinbase has been a part of a shadowy crypto ecosystem operating just outside of the law since formed over 10 years ago.

To complete a pure P2P crypto transaction, one party enters the wallet details of the other one and processes the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture.