Day: 3 May 2023

Coinbase has announced its plan to expand its services internationally by launching Coinbase International Exchange (CIE), a cryptocurrency derivatives platform targeting institutional investors. The CIE will allow approved foreign users access to Coinbase's perpetual futures market for digital assets and other products.  It’s official! Coinbase International Exchange is here. Institutional traders ...

Crypto.com has announced the launch of 'Amy,' an AI-powered assistant designed to educate users about the cryptocurrency market. The AI-powered assistant was built using ChatGPT and was designed to offer a better user experience on the platform by simplifying cryptocurrency-related information and making it easily accessible to users.  Say hello ...

Litecoin (LTC) excitedly hit the $100 mark on April 18, 2023, only to trace back by over 10% in just a few days. The token clocked a high of $89.03 and a low of $86.99  in the past 24 hours. LTC now sits in the 12th position on CoinMarketCap, dropping ...

On-chain analytics firm Nansen has released a report showing that Binance BNB Chain has the most active addresses in April 2023, with 10.9 million, which is more than twice the number of its closest competitors, Solana and Ethereum. However, the number of active addresses on the Binance BNB Chain decreased ...

On May 2, 2023, a Florida district court judge granted the Moskowitz Law Firm permission to tweet a legal notice to YouTuber Tom Nash, as all other attempts to contact him have been unsuccessful. The plaintiffs sent a legal notice to the YouTuber the same day through his Twitter account, ...

The UK government has launched a new strategy to combat financial fraud, which according to the National Crime Agency, cost the country approximately £7 billion ($8.7 billion) per year. The strategy includes plans to ban cold calls that promote financial products such as insurance and cryptocurrencies.  Bloomberg reported that the ...

Dubai's Virtual Assets Regulatory Authority (VARA) has issued a written notice to the co-founders of Three Arrow Capital, Su Zhu, and Kyle Davies, for operating and promoting a digital-asset exchange, OPNX, without the necessary local license.  According to Bloomberg, VARA is currently investigating the activities of OPNX and has stated ...

Gate Italy s.r.l., a subsidiary of cryptocurrency exchange Gate Group, has announced its registration as a Virtual Asset Service Provider (VASP) with the Italian regulatory agency Organismo Agenti e Mediatori (OAM).  The registration would allow the company to offer Italian users virtual asset transaction and management services that comply with ...

The Biden administration has reiterated its support for the proposed Digital Asset Mining Energy (DAME) tax, which would impose a 30% excise tax on the electricity consumed by cryptocurrency miners.  The White House's Council of Economic Advisers (CEA) released a statement on May 2, 2023, supporting the tax and citing ...