Gemini to Cease Offering Crypto Services in Netherlands
Cryptocurrency exchange Gemini will stop offering services to customers in the Netherlands from November 17, citing regulatory pressures. Reddit sources claim that the exchange informed its customers in the nation of its decision to go into effect on November 17, 2023. Gemini attributed the decision to the DNB’s rules regarding cryptocurrency exchanges. It hasn’t, however, […]
Fireblocks Acquires Australian Defi Startup BlockFold
BlockFold, a decentralized finance firm based in Melbourne, has been purchased by Sequoia Capital-backed blockchain company Fireblocks for an estimated $10 million. With this acquisition, Fireblocks will be able to offer more services than just custody services. Neither Fireblocks nor BlockFold have released any announcements in the media about the agreement. For projects involving defi […]
Coinbase Extends Timeline for Fund Withdrawal for Users in India
Coinbase has informed its consumers in India of a delay in the deadline for withdrawals from their accounts. This choice was made as Coinbase prepares to stop offering cryptocurrency trading services nationwide due to regulatory issues. The exchange has stopped new sign-ups and urged users to withdraw their assets before the deadline, even though it […]
PancakeSwap v3 Launches on opBNB
Decentralized exchange PancakeSwap v3 has been launched on opBNB, a layer-2 scalability solution for the BNB Chain. Reduced gas costs and improved capital efficiency are the two goals of the launch. PancakeSwap currently has six layer-2 solutions deployed across several mainnets thanks to its opBNB launch, including off-chain scaling options for Ethereum. With 4,000 transactions […]
Coinbase Opens Futures Trading to Non US Users
Coinbase offers perpetual futures services to non-US retail consumers with a focus on compliance and market adaptation. Perpetual futures services offered by Coinbase International’s cryptocurrency exchange are now available to retail consumers outside of the US. This milestone follows approximately $5.5 billion in notional volume, primarily from institutional trading, on the platform during the second […]