Upbit Lowers Withdrawal Fees for Shiba Inu, 21 Cryptos
Upbit announced a reduction in withdrawal fees for 22 cryptocurrencies, including ETH and SHIB effective August 23, 2024. Upbit, the premier global digital asset exchange in South Korea, has today announced a decrease in withdrawal fees for 22 cryptocurrencies. These include notable tokens such as Shiba Inu (SHIB) and Ethereum (ETH). Upbit Cuts Down Withdrawal […]
Hong Kong Regulator Targets Noncompliant Crypto Exchanges
A regulator in Hong Kong has expressed dissatisfaction with the ongoing examinations of cryptocurrency exchanges awaiting full licensing in the region. The city’s regulator has granted initial approvals to certain applicants; however, completion of the licensing process is contingent upon complete adherence to SFC’s regulations. The Hong Kong Securities and Futures Commission (SFC) discovered that […]
Coinbase to Offer 1:1 Euro To EURC Conversion Under MiCA
Coinbase will introduce a EURC-USDC order book and retire the EURC-EUR and EURC-USD books. On August 28, Coinbase will enable its users to exchange euros for the euro-pegged stablecoin, EURC, at a 1:1 ratio. This is significant because EURC adheres to the European Union’s Markets in Crypto Assets (MiCA) regulations. The integration of this feature […]
Lawsuit Labels Binance a ‘Crypto-Wash Empire’ Over Money Laundering
Binance and former CEO Changpeng Zhao face a class-action lawsuit in Seattle, alleging consumer harm from the exchange’s money laundering activities. The suit claims they prioritized profits by enabling illicit actors to launder funds. In a Seattle Federal court, a new class-action lawsuit has been filed against Binance and its former CEO, Changpeng Zhao, for […]
Binance Exchange Lists $DOGS As 57th Launchpool Project
Binance Exchange added Dogs ($DOGS) to the 57th launch pool project and announced four token trading pairs on August 26. Binance Exchange has designated Dogs (DOGS) as the 57th initiative in its launch pool. The digital asset exchange will initially list the Ton-based meme coin within the Telegram community, with transactions anticipated to commence on […]