Velar is launching its native token by the same name into the trading arena through ByBit. In the upcoming days, Velar also plans to bring a Bitcoin native trading platform that would let users trade in 20 times more than their capital holding and hope for bigger returns.
Bitcoin-Backed Velar to Launch Native Token Via ByBit, Lauds India for Quick Tech Adoption
KuCoin Failed to Comply With Money Laundering Rules, Used for $9 Billion in Suspect Crypto Trades, US Says
KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world’s largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illicit activity, includi…
Bitcoin, Ether Trade Sideways, Most Altcoins Register Price Dips Amid Industry Turmoil
The overall crypto market cap, as of Thursday, dipped in value by 1.33 percent. While Bitcoin saw a miniscule gain, Ether joined majority cryptocurrencies on the loss-side of the crypto price chart on March 28.
Binance Banned in Philippines, Firm’s Controversy in Nigeria Add to its Troubles
The government of Philippines has announced a ban on Binance citing its lack of official operational licence. Residents of the country who were using the platform are distressed about the safety of their funds.
Crypto Price Today: Losses Strike Bitcoin, Ether as Market Awaits US’ Final GDP Announcement
The overall crypto market cap dropped by 0.50 percent in the last 24 hours. Bitcoin and Ether – both recorded losses on Wednesday, March 27. Majority of the popular cryptocurrencies are trading in losses on Wednesday, these include Solana, Tether, and Avalanche. Dogecoin and Shiba Inu, meanwhile, emerged among profit-minting cryptocurrencies.
Hong Kong Continues Clampdown on Fraudulent, Unregistered Crypto Exchanges
Hong Kong is continuing its ongoing crackdown on crypto platforms that are not officially registered with the authorities in the region. On the sidelines of this, the Securities and Futures Commission of Hong Kong has warned its citizens against engaging with – HKCEXP, which is suspected to be facilitating unlawful activities and could be staring at an operational r…
SWIFT Plans to Launch New Central Bank Digital Currency Platform Within Next Two Years
SWIFT, the global bank messaging network, plans to launch a new platform that will connect central bank digital currencies (CBDCs) to the existing finance system within the next two years. Its existing network is usable in over 200 countries and connects more than 11,500 banks and funds.
Bitcoin, Ether ETNs to Launch on London Stock Exchange, Here’s What That Means
Starting May 28, the London Stock Exchange (LSE) will launch exchange traded notes (ETNs) for Bitcoin and Ether. With this, the UK has again portrayed itself as a lucrative destination for crypto businesses and investors.
Bitcoin Breaches $70,000 Before Receding to $67,700, Market Under Mild Volatility
The overall market cap of the crypto sector is up by 3.84 percent. Bitcoin and Ether are both, trading in gains. Following this surge, most cryptocurrencies reflected profits on Tuesday, March 26.
Solana Blockchain Beats Ethereum on Popularity Quotient, Memecoins Contribute
The eco-friendly Solana blockchain, on the scale of most popular, has managed to defeat Ethereum in recent days. Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018.