After the confidential submission of a draft registration statement to become a publicly-traded company announced last year, Coinbase has taken a major step to be listed on the giant US stock exchange – Nasdaq. CryptoPotato reported earlier that Coinbase had submitted a confidential draft registration statement to the US Securities Read more…
Crypto exchange Binance’s users can now stake Solana (SOL) tokens, according to a statement. Users will be able to get annualized yields of up to 43.79% starting from today. Solana is a high-speed blockchain that touts speeds of up to 65,000 transactions per second and works on a proof-of-stake consensus Read more…
The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant in a strong position as it prepares to sell its shares to the public in its upcoming direct listing on the Nasdaq. The figures, Read more…
February’s DEX volume figures are looking likely to surpass January’s $3 billion high Decentralised exchanges are set to record higher monthly volumes this month than they did in January. The monthly volume figures are currently closing in on the January high with a few days still left to the end Read more…
The total number of brokerage accounts with the exchange reached 16 million. Source Author: Arnab Shome
PRESS RELEASE. Hathor Network ($HTR, live on KuCoin) has just released exciting news: The detailed 2021 Roadmap. Community projects are a priority and growing, especially with Hathor CEO Yan Martins having recently emphasized the relevance of Asian business development, with strong focus on Southeast Asia, China and Japan. Hathor has Read more…
The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects. The UK Should Turn Read more…
The issue impacting payments service administered by the U.S. central bank has been resolved. Source Author: Aziz Abdel-Qader
Coinbase, the largest crypto exchange in the US, has said it’s no longer a San Francisco-based company. “While we will continue to provide offices for employees who prefer to work in them, designating one location as our headquarters feels counter to our culture,” wrote CEO Brian Armstrong in a memo. Read more…
PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security company Hacken audited the xSigma smart contracts Read more…
Privacy-focused browser Brave has revealed it will drop a native ETH wallet as well as a decentralised exchange aggregator in the next browser version Brave has announced it will add a new wallet to its browser and revealed the specifications of version 2.0 of its web browser, which include a Read more…
As the crypto market goes through a roller-coaster week, Binance saw a spike in trading activities on its derivatives platform, pushing the daily volume to a new all-time high (ATH). Binance Futures Daily Volume Surpasses $100B In an email shared with CryptoPotato, the leading exchange noted that Binance Futures’ 24-hour Read more…
In brief: Bitmex will list 6 new perpetual contracts in March of ADA, DOT, EOS, UNI, XLM and YFI The new contracts will be launched in batches with DOT and UNI going live on March 3rd Bitmex has fallen from being the top-ranked derivatives platform since the CFTC pursued charges Read more…
San Francisco-based crypto exchange Coinbase is one of the only regulated crypto offerings for US citizens and offers over ten products for both retail and institutional clients. But newcomers to Coinbase are usually left confused. While three of the firm’s retail products—Coinbase, Coinbase Pro, and Coinbase Wallet—may sound like they Read more…
The ByBit exchange is one of the most advanced and respected cryptocurrency platforms in the cryptocurrency industry. The exchange is offering a wide range of services including derivatives […] Source Author: Carlos Terenzi
Binance Coin moved south from its descending triangle, but a recovery above its 0.5 Fibonacci level looked likely over the next few trading sessions. Similarly, WAVES and Zcash also showed signs of a bullish comeback and could reverse direction, if broader market cues are positive. Binance Coin [BNB] On the Read more…
In brief: Crypto traders have lost $1.72 Billion in the last 24 hours of liquidations The single highest liquidation was a Binance Coin order worth $24 million The order was as a result of BNB dipping to $222 from $340 levels Binance Coin is clearly in overbought territory However, activity Read more…
Binance Coin’s soaring value is perhaps the best Chinese New Year’s gift its employees (who are paid in BNB) and bag holders could ever receive. As the native token of Binance Exchange and Binance Smart Chain (BSC), BNB has surprised the entire crypto market by skyrocketing from $40 to over Read more…
[PRESS RELEASE – Please Read Disclaimer] Nimbus, a DAO-governed platform that offers over 10 reward streams based on IPO participation and other tools in one spot, has announced its NBU token listing on Uniswap, on the 24th of February 2021, 12 PM GMT. This event might draw even more attention Read more…
The burgeoning decentralized finance (DeFi) ecosystem aims to use decentralized, non-custodial financial products to replace centralized middlemen in financial applications such as loans, insurance and derivatives. Uniswap is an example of one of the core products in the DeFi ecosystem, the decentralized crypto exchange, or DEX. DEXs aim to solve Read more…
With new projects receiving so much speculative value at the start of their life cycle, it can be hard maintaining the proper incentives to keep early adopters and stakeholders involved. To support long-term community involvement, KeyFi is partnering with Binance Smart Chain (BSC), one of the most popular smart contract Read more…
[PRESS RELEASE – Please Read Disclaimer] Apron Network has successfully developed a set of node services and successfully launched them on Huobi’s Eco Chain. This is intended to fill the gap of the Heco ecosystem node services while also providing free tools for developers. Apron Network has successfully completed its Read more…
More users are using decentralized applications (dapps) based on Binance Smart Chain, despite concerns that the blockchain platform has centralized elements. As data from DappRadar shows, the PancakeSwap decentralized exchange (DEX)—which runs on Binance Smart Chain—has now flipped Ethereum-based DEX Uniswap in the number of unique active wallets (UAW). PancakeSwap Read more…
The crypto market has seen renewed bullish momentum as Bitcoin surged on the charts to establish new all-time highs. At the time of writing, Bitcoin has been trading at $57582 with a 24-hour trading volume of $56.2 billion. Interestingly, with the king coin north-bound on the charts, many of the Read more…
Today, 13,204 Bitcoins left Coinbase for unknown wallets. That’s just over three-quarters of a billion dollars. According to Whale Alert, 36 transactions were made, each valued at between 351 and 391 Bitcoins, between the hours of 4 and 5 PM UTC. Last night, Whale Alert tweeted that 4,501 BTC had Read more…
The cryptocurrency market has been witnessing strong bullish momentum over the past couple of days. As the price of Bitcoin hits an all-time high, other altcoins in the market have been seeing a peak in price too. At the time of writing, BTC was trading at $57360 with a 24-hour Read more…
Ahead of the upcoming public listing, Coinbase, the largest cryptocurrency exchange in the US, was valued at just over $100 billion in a private market share sale. This means Coinbase can go public at a higher valuation than even Facebook, which went above $104 billion. Santiago R Santos, Partner at Read more…
Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds XSN Tokens According to Stuff.co.nz, Read more…
A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency Levels in Crypto Exchanges Per information from crypto market Read more…
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