Coinbase Institutional Releases Bitcoin Halving Primer for Investors
Coinbase Institutional has published an investor primer ahead of the fourth Bitcoin halving, slated to take place in the middle of April. Miner payouts will be half from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block as part of the Bitcoin halving, which happens every four years or when mining every 210,000 […]
OKX Exchange Ceases Operation in India
Following the compliance notices of the Financial Intelligence Unit (FIU) of the Indian Ministry of Finance to nine foreign crypto exchanges, the OKX cryptocurrency exchange has ceased operations in India. On March 21, OKX notified its Indian clientele, requesting that they terminate their accounts and withdraw funds before April 30. The cryptocurrency exchange attributed its […]
Coinbase Cautions of Base Network Congestion, High Fee Menace
Base Network customers are witnessing a high gas hike due to another round of Coinbase congestion that caused related outages previously. The Base Network has experienced a surge in transaction fees as a result of an additional Coinbase congestion saga, as stated in a published Status Update. Coinbase Congestion Causes High Gas Fees The American cryptocurrency […]
Bitwise Advocates for Strategic Delay in Ethereum ETF Launch
Bitwise CIO Suggests Postponement of Ethereum ETF to Align Financial Sector with Crypto Evolution. In a recent development within the cryptocurrency sphere, Bitwise’s Chief Investment Officer, Matt Hougan , has proposed a strategic delay in the launch of Ethereum spot Exchange Traded Funds (ETFs). Hougan argues that a postponement could better prepare the traditional finance (TradeFi) […]
Binance Instructs Prime Brokers to Screen US Investors
Binance instructs prime brokers, such as FalconX and Hidden Road, to collect detailed customer information to strengthen compliance and regulatory initiatives. Binance reportedly instructed prime brokers to conduct stronger verification measures to prevent US investors from accessing the cryptocurrency exchange. The repercussions of the plea agreement reached with US authorities last year have prompted this action. […]