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SINGAPORE – Media OutReach Newswire – 10 September 2024 – In an exciting development for the cryptocurrency industry, VOOX is proud to announce the beta launch of its state-of-the-art cryptocurrency exchange platform. This launch, exclusively available to VIPs and invited members, is set to redefine the standards of digital asset trading, introducing a suite of advanced AI-driven tools designed to optimize user experience and enhance market interaction. […]

Metalpha, a Hong Kong-based cryptocurrency investment firm, has executed another substantial Ethereum transfer, moving 10,000 ETH, valued at approximately $23 million, to Binance. This significant transaction is part of a series of movements by Metalpha over the past three days, where the company deposited a total of 23,589 ETH, or roughly $54.1 million, into Binance. These transactions come during a period of heightened volatility in the cryptocurrency […]

Intel Markets (INTL), a burgeoning ERC-20 cryptocurrency, is on track to potentially outshine leading cryptocurrencies such as Binance Coin (BNB) and Solana (SOL), according to a prominent figure in the crypto sector. This forecast has fueled growing interest in INTL, highlighting its emerging potential amid the shifting dynamics of the digital currency market. INTL’s recent performance has caught the eye of investors and analysts alike, given its […]

Cryptocurrency firms have dramatically escalated their lobbying efforts, pouring millions of dollars into influencing lawmakers and regulators. Companies like Coinbase, Binance.us, and Ripple have taken the lead in boosting their expenditures, signaling their desire to shape policies favorable to the industry amid increasing regulatory scrutiny. The shift comes as governments worldwide consider tightening oversight on the cryptocurrency sector, sparking a significant uptick in corporate interest in political […]

Mark Karpeles, the former CEO of the infamous Mt. Gox cryptocurrency exchange, is preparing to launch a new digital currency trading platform in Europe, marking a significant comeback after the collapse of his previous venture. The new exchange, reportedly named UNGOX, aims to restore trust in the cryptocurrency market, particularly in a region known for its robust regulatory environment. Mt. Gox, once the world’s largest Bitcoin exchange, […]

PancakeSwap, a prominent decentralized exchange (DEX) on the Binance Smart Chain, has recently expanded its influence, solidifying its position as one of the leading platforms in the cryptocurrency market. Established as a key player in the decentralized finance (DeFi) space, PancakeSwap now ranks third among the top crypto exchanges by trading volume. Originally launched in September 2020, PancakeSwap allows users to trade various cryptocurrencies directly without the […]

Binance, the global cryptocurrency exchange, has resumed its operations in India after resolving a significant legal issue with the Financial Intelligence Unit-India (FIU-IND). The company recently secured its registration by paying a hefty fine of ₹18.82 crore (approximately $2.25 million), paving the way for the unblocking of its website in the country. This development marks a critical step for Binance in re-establishing its foothold in the Indian […]

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Turkey’s financial regulatory body has revealed that 47 cryptocurrency companies have submitted applications for operational licenses in the country. Among the notable names seeking approval are prominent exchanges such as Bitfinex, Binance TR, and OKX TR. This significant move reflects a growing trend of crypto platforms seeking legitimacy in regulated markets. The surge in applications underscores the increasing importance of regulatory compliance within the cryptocurrency industry. As […]

Binance has officially announced the inclusion of Toncoin on its trading platform. Effective today at 13:00, users will be able to trade Toncoin against major cryptocurrencies and fiat currencies. The new trading pairs will include TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY. The addition of Toncoin to Binance’s lineup comes as part of the exchange’s ongoing effort to expand its offerings and cater to a growing demand for diverse […]

HONG KONG SAR – Media OutReach Newswire – 12 July 2024 – Today, IX Asia Indexes announced the 2024 2nd quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 19th July, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index (“IXCI”) […]

HONG KONG SAR – Media OutReach Newswire – 5 July 2024 – Today, IX Asia Indexes announced the 1st Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

Major cryptocurrency exchange Binance has announced the integration of Tether’s (USDT) stablecoin on the Toncoin (TON) blockchain. This integration allows Binance users to deposit and withdraw USDT directly on the Toncoin network, expanding the utility and reach of both USDT and TON. Tether (USDT) is a widely used stablecoin, a type of cryptocurrency pegged to the value of the US dollar. This integration with Toncoin provides users […]

A Nigerian court has dismissed a lawsuit filed by Nadeem Anjarwalla, a former regional manager for cryptocurrency giant Binance, who accused Nigerian authorities of violating his human rights. The judge, Justice Inyang Ekwo, ruled against Anjarwalla due to his absence of legal representation in court. Anjarwalla and his colleague, Tigran Gambaryan, head of financial crime compliance at Binance, were detained in Nigeria in February 2024. The detentions […]

Binance, the world’s leading cryptocurrency exchange by daily trading volume, announced a significant milestone on June 8th, surpassing 200 million global users. This achievement solidifies Binance’s position as the dominant player in the cryptocurrency industry, with a user base dwarfing that of its competitors. It’s important to note that these figures are self-reported by Binance. To celebrate this achievement, Binance took to social media, highlighting the 200 […]

Blum, a cryptocurrency platform founded by former Binance executives, has achieved a significant milestone, surpassing 8 million users. This rapid growth is attributed to the platform’s innovative features and robust customer support system, which has fostered widespread adoption among both seasoned crypto traders and newcomers to the digital asset space. Launched in late 2022, Blum has carved a niche for itself in the ever-growing cryptocurrency market by […]

In a landmark move, cryptocurrency giants Binance and KuCoin have secured registration with India’s Financial Intelligence Unit (FIU), marking the first time the country’s anti-money laundering watchdog has approved offshore crypto entities. This decision signifies a significant shift in India’s stance on the cryptocurrency industry, which previously saw a ban imposed on Binance and KuCoin alongside several other international exchanges. The registration news comes after a period […]

Notcoin, a simple game initially launched as a Telegram mini-app, has become a testament to the potential of the Telegram and TON blockchains for fostering successful applications. Within a few months, Notcoin attracted a staggering 35 million active users, many of whom diligently tapped a virtual coin to earn in-game currency. This seemingly insignificant tapping translated into real-world value recently. Notcoin transitioned from a purely in-game experience […]

In a landmark move, cryptocurrency giants Binance and KuCoin have secured registration with India’s Financial Intelligence Unit (FIU), marking the first time the country’s anti-money laundering watchdog has approved offshore crypto entities. This decision signifies a significant shift in India’s stance on the cryptocurrency industry, which previously saw a ban imposed on Binance and KuCoin alongside several other international exchanges. The registration news comes after a period […]

SINGAPORE – Media OutReach Newswire – 9 May 2024 – UXLINK, the leading social infrastructure platform, and Binance Web3 Wallet, the top-tier cryptocurrency wallet, are thrilled to announce their collaborative marketing campaign aimed at accelerating growth within Web3. This initiative rewards participants with 20,000,000 UXUY points, through the innovative UXLINK Social Protocol. In today’s rapidly evolving Web3 landscape, fostering social interactions and community engagement has become increasingly […]

Binance, the world’s largest cryptocurrency exchange, is facing renewed scrutiny over its commitment to curbing market manipulation on its platform. The accusations stem from a high-profile client, Deutsche Wirtschaftsförderungsgesellschaft (DWF), a German investment firm, reportedly engaging in suspicious trading activity that Binance allegedly failed to address. This incident comes despite Binance’s repeated assurances of prioritizing platform security and fair market practices. The exchange has invested heavily in […]

The Central Bank of Nigeria (CBN) is escalating its fight against cryptocurrency, issuing a directive to banks to freeze accounts associated with major crypto trading platforms Bybit, KuCoin, OKX, and Binance. This move signals a wider crackdown on crypto activity in Nigeria, particularly targeting peer-to-peer (P2P) transactions that have grown in popularity since the CBN banned crypto transactions through banks in 2021. The CBN’s directive casts a […]

The Ontario Superior Court of Justice has delivered a blow to cryptocurrency exchange giant Binance, approving a class-action lawsuit against the company for allegedly selling unregistered crypto derivatives to retail investors in the province. This move by the Canadian court signifies a potential escalation in the ongoing regulatory scrutiny surrounding the crypto industry. The lawsuit, certified on behalf of investors who purchased crypto derivative contracts on Binance […]

The United Arab Emirates (UAE) is rapidly becoming a leader in cryptocurrency adoption within the Middle East, according to a recent report by Bitget Research. The report highlights a surge of 166% in the average daily number of crypto traders across the region, reaching 500,000 in 2024. The UAE stands out as a frontrunner, with a significant portion, 72%, of its crypto users actively invested in Bitcoin. […]

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has exhibited signs of potential recovery after a slump in the past two years. The token’s price has displayed a recent uptick, buoyed by a surge in network activity and a potential shift in investor sentiment. This tentative rally comes after a period of decline for Ethereum, mirroring a broader trend in the cryptocurrency market. However, several factors suggest […]

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