Binance to return to India after paying $2M fine for non-compliance: Report

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a 

5 months ago

ENA plunges 17% amid declining exchange activity

ENA plunges 17% amid declining exchange activity

ENA plunges 17% amid declining exchange activity

ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time of writing. The asset’s market cap fell to the $1.2 billion mark, making it the 68th-largest cryptocurrency....

5 months ago

QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets.

QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed by Lunate and Mastercard, to dive deeper into the Middle East,...

5 months ago

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Unreported Income from Crypto Mining in Sweden

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The i...

5 months ago

Citadel-Backed Hidden Road Partners Targets $120M in Series B

Hidden Road Seeks About $120 Million

Citadel-Backed Hidden Road Partners Targets $120M in Series B

Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming for a market valuation of $1 billion. Accor...

5 months ago

Upbit suspends crypto transactions exceeding 1 million won

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.

Upbit suspends crypto transactions exceeding 1 million won

Upbit — one of South Korea’s largest crypto exchanges — will suspend deposits and withdrawals of digital assets of more than 1 million Korean won ($721). The move com...

5 months ago

Bored Ape NFT floor price hits lowest point in over two and a half years

The Bored Ape Yacht Club collection’s floor price is currently at 11.1 ETH, down 90% from its peak during the roaring NFT bull market.

Bored Ape NFT floor price hits lowest point in over two and a half years

The floor price of Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs) has fallen over 90% from its peak, down to 11.1 Ether — its lowest point since August 2021. BAYC is ...

5 months ago

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

The project's TVL surpassed $1 billion within one month of its testnet launch.

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

Puffer Finance, a liquid staking project built on Ethereum restaking protocol Eigenlayer, has secured $18 million in a Series A funding round to launch its mainnet. According to the Ap...

5 months ago

Biblical floods hit Dubai, disrupting Blockchain Life and Token2049

Dubai is grappling with extreme weather conditions that has disrupted the city’s infrastructure at a time when crypto elites have descended on the city for several industry conferences.

Biblical floods hit Dubai, disrupting Blockchain Life and Token2049

Crypto conferences such as Blockchain Life and Token2049 encountered an unexpected twist on Apr. 16 as rainfall levels in Dubai surged to record highs within a 24-hour span, prompting ...

5 months ago

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com’s VC Arm Scale Back

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector.  In a recent interview with Bloomberg, Mars...

5 months ago

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