The world of crypto exchanges took a wild turn in June 2024, with trading volumes hitting the brakes for the third month in a row, according to the latest report from CCData. June saw the total trading volume on crypto exchanges drop by a whopping 21.8%, landing at $4.22 trillion. That’s a far cry from […]
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will soon restrict access to stablecoins that are considered “unregulated” by the European Union. This change will take effect on June 30, 2024, aligning with the EU’s new Markets in Crypto-Assets Regulation (MiCA). In a recent statement, Binance emphasized that the implementation of […]
In May, the world of crypto exchanges experienced significant changes as trading volumes continued to trend downward. According to a recent report by CCData, the combined spot and derivatives trading volume on centralized exchanges fell by over 20% to $5.27 trillion. This marks the second month in a row of declining activity. According to CCData, […]
Much like depositing funds in a savings account provides commercial banks with capital for giving out loans; also, holding crypto in yield-bearing “accounts” enables Decentralized finance platforms with the necessary capital to operate, while in return they give the platform’s token to the investor as interest. The Demand Level for Yield Farming Amplifies Yield farming […]
Aave Labs has unveiled its blueprint for Aave V4, presenting a comprehensive array of upgraded protocol features for public evaluation. The unveiling took place on Wednesday on X, where Aave Labs introduced a trio of governance proposals to guide its development of Aave V4. The proposed roadmap, currently in the advanced research stage, outlines several […]
FTX, the embattled crypto exchange, has gathered more funds than needed to cover creditor repayments, according to a company statement. FTX submitted a revised Plan of Reorganization and Disclosure Statement to the bankruptcy court on May 7 as part of its ongoing case.The company has outlined a strategy to repay creditors between $14.5 billion and […]
Stripe, a leading payments company, is preparing to bring back crypto payments this summer and plans to start with USDC on the Solana blockchain. The financial services company Stripe has ambitious plans for the upcoming summer, including facilitating crypto payments using the USDC stablecoin on the Solana blockchain. The Temporary Departure from CryptoStripe co-founder John […]
Coinbase, the American cryptocurrency exchange, has submitted a motion to certify an appeal in response to the lawsuit initiated by the Securities and Exchange Commission (SEC) against the company. On April 12, Coinbase’s legal team lodged a request with the court, seeking approval to pursue an interlocutory appeal in its ongoing case.The central issue revolves […]
For many cryptocurrency investors, Bitcoin remains a top choice. However, the convenience of direct Bitcoin purchases comes at a cost—fees. Fee structures vary across platforms, prompting investors to seek out options with the most favourable rates to maximize long-term profitability. In this guide, we’ll explore Bitcoin fees and pinpoint the platforms offering crypto purchases at […]
