South Korea’s Financial Services Commission (FSC) is preparing to announce its decision on potential sanctions against Upbit, the country’s largest cryptocurrency exchange, following extensive customer identity verification regulations violations. According to The Korea Times, an investigation into Upbit’s business...
Spot Bitcoin ETFs in the U.S. have seen a reversal, recording net weekly outflows for the first time in six weeks. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced $585.65 million in net outflows for the...
Standard Chartered’s Hong Kong branch, crypto investment firm Animoca Brands, and telecommunications giant HKT have formed a joint venture to issue a stablecoin tied to the Hong Kong dollar. Announced on February 17, the collaboration aims to apply for...
Bundesbank President Joachim Nagel emphasized the necessity of a state-controlled digital euro to mitigate private sector influence in global finance. At an OMFIF event at the London School of Economics, he cautioned about the risks associated with Bitcoin and...
Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. In a statement issued to traders, the exchange confirmed that AirDAO (AMB), Clover Finance (CLV), StormX...
The Jupiter team has responded to allegations regarding their participation in the controversial launch of the $LIBRA memecoin, which saw a rapid rise and subsequent crash after being promoted by Argentine President Javier Milei. In a now-deleted post, Milei...
Bubblemaps analysts have found evidence linking the launch of the LIBRA memecoin to the team responsible for the controversial Melania (MELANIA) token. Their investigation suggests a pattern of market manipulation involving pump-and-dump schemes. In a post on February 17,...
Coinbase shares jumped 8.44% on Thursday, February 13, closing at $298.11 after the company reported its strongest quarterly revenue in three years. Coinbase Stock Perfromance. Source: Google Finance The cryptocurrency exchange posted $2.3 billion in revenue for Q4 2024,...
Bloomberg has launched two new financial indices designed to help investors mix Bitcoin and gold in their portfolios. According to the financial media giant, these new indices, called the Bloomberg Bitcoin and Gold Equal-Weighted Index (BBIG), and the Bloomberg...
Binance has rolled out a major update to its token information methodology, aiming to improve transparency and provide traders with a clearer picture of token availability. The new approach, effective today, February 14, refines how market capitalization and circulating...
