Institutional investors still eye crypto despite FTX collapse
Data from crypto exchange Bitstamp shows that institutional registrations on the trading platform increased by 57% in November. The FTX fiasco had a negative impact and damaged the reputation of the crypto industry. Even at the height of the FTX issue, institutional investors are still showing interest in the sector. In November, when the FTX […]
Gate.io pledges $100M to revive crypto, restore investor confidence
Crypto exchange Gate.io has launched an industry liquidity support fund with an initial commitment of $100 million. Crypto exchange Gate.io has established an industry liquidity support fund with a $100 million initial commitment in an effort to mitigate the negative effects of the bear market and recent ecosystem collapses. Market liquidity is an immediate threat […]
Decentraland launches virtual property renting for LAND owners
It was announced that users who own LAND within Decentraland can rent out the rights to the space through the digital marketplace. Decentranland, a metaverse platform, recently unveiled a new feature that turns its users who own virtual land into landlords in a way. Owners can now formally offer their real estate for fixed periods […]
Binance US removes Ethereum trading fees
Binance US has removed gas fees on all Ethereum transactions performed through its website’s “Buy & Sell” feature, effective immediately. The “zero charge price model” has been extended by Binance US to include Ethereum right away. This statement follows the cryptocurrency exchange’s removal of all trading fees for Bitcoin transactions months prior. Users can now […]
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia. The Russian central bank continues to take a very unfavorable stance toward cryptocurrencies and has suggested that local miners be prohibited from selling coins to locals. A draft bill that was […]