HashKey Exchange Takes on Coinbase With Bermuda License
HashKey intends to introduce an international trading platform to surpass Coinbase within the next five years. Hong Kong crypto exchange HashKey is prepared to compete with larger international crypto exchanges such as Coinbase in its pursuit of a fresh Bermuda license to offer crypto futures for a diverse range of 20 distinct crypto coins. This development occurs as HaskKey […]
Coinbase to List BRC-20 Token ORDI, Worldcoin Perpetual Futures
Coinbase’s institutional client-facing subsidiary announced that it would market perpetual future contracts for Worldcoin and the BRC-20 token Ordinals. Coinbase International Exchange announced in an April 5 X post that it would launch perpetual futures products for WLD and ORDI as early as April 11 and make them accessible to institutional investors on Coinbase Advanced […]
FTX Sells 30M SOL Tokens at $64 Each to Industry Giants
Amid bankruptcy, FTX raises $1.9 billion by selling up to 30 million SOL tokens at $64 each to industry titans such as Galaxy Trading. FTX’s bankruptcy administrators have executed the liquidation of a significant portion of their Solana (SOL) token holdings, constituting a pivotal event in the cryptocurrency market. The transaction encompassed the sale of […]
KuCoin Denies Sharing User Data With Indian Government
KuCoin addresses user concerns over data sharing with the Indian government post-re-entry into the Indian crypto market. Following the practical completion of Financial Intelligence Unit (FIU) registration in India, the well-known cryptocurrency exchange KuCoin was accused of violating user privacy. It, therefore, issued a statement to dispel any confusion among its users. KuCoin dispelled the […]
Binance to Restrict Unverified Sub-accounts on Its Link Program
Binance has announced plans to restrict sub-accounts without the necessary KYC information under the Binance Link Program. Verified and compliant users would be the only ones able to access their sub-accounts, according to Binance’s announcement on April 5. Subaccounts opened for deposits only and not used for trading are likewise subject to the regulation. According […]