Coinbase recently made headlines after strongly criticizing the Securities and Exchange Commission (SEC) for its decision to reject the rulemaking petition. The crypto exchange did not mince words when labeling the SEC’s decision as “arbitrary and capricious.” This critique was put forward in a petition filed before the US Court of Appeals for the Third
Exchanges
The Nigerian government has recently obtained a court warrant to detain Binance officials for at least twelve days. This came after the officials insisted on being taken to their respective countries’ embassies. The government’s actions were reportedly in response to accusations of Binance aggravating the country’s foreign exchange challenges by manipulating rates for profit. Reports
Coinbase, the leading US-based crypto exchange, has experienced a significant increase in its market share following the launch of multiple spot Bitcoin exchange-traded funds (ETFs) in January. This surge has caught the attention of analysts at Goldman Sachs, who have upgraded their rating on Coinbase shares from selling to neutral. As a result, they have
Bitcoin recently reached its all-time high of over $69,000 on March 5th, only to quickly experience a sharp 14% correction that pushed its price down to $59,300. This rollercoaster ride in BTC’s price led to intense volatility in the market and record-breaking trading volumes across centralized exchanges. The surge in trading volume on centralized exchanges
Cryptocurrency exchange Binance recently announced its decision to discontinue all services related to the Nigerian Naira (NGN) in a phased approach. This move has significant implications for Nigerian users and the crypto market as a whole. Binance has already stopped NGN deposits, and users only have until March 8 to withdraw their NGN assets. After
Coinbase, one of the leading cryptocurrency exchanges, faced another setback on March 4th when some users encountered an unsettling situation of seeing an empty balance in their accounts. This issue was reported at 5:36 pm UTC, causing distress among users who were puzzled by the sudden disappearance of their assets. It is worth noting that
The Nigerian government is currently contemplating imposing fines on Binance amounting to a staggering $10 billion. This decision was sparked by allegations that the exchange had engaged in facilitating illegal transactions within the African country, leading to substantial losses for the nation. Bayo Onanuga, the special adviser to the Nigerian president, highlighted that this fine
Coinbase, a popular cryptocurrency exchange, is currently facing technical issues that have resulted in degraded site performance for many users. This has led to numerous individuals seeing a zero balance on their accounts when accessing the platform. Both the Coinbase website and mobile app are currently down, complicating the situation further. These problems have also
Justin Sun, the prominent figure behind the Tron network, recently shared a screenshot of his wallet balance on social media platform X, revealing that he owns a significant portion of assets on the HTX exchange. The total value of Sun’s crypto holdings on the platform amounts to around 28,614 units of Bitcoin, which translates to
Recently, crypto wallets linked to the now-defunct FTX exchange and Alameda Research have been active in transferring digital assets. In the past 24 hours alone, these entities have moved over $8 million in various cryptocurrencies, including Ethereum and PROM tokens. The surge in the broader crypto market has likely influenced these movements. The past day