Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem

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To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product. Toya Zhang,...

BitMEX’s Daily Spot Exchange Trade Volume Hits $24m Record High

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Less than 10 days after launching the spot trading option, crypto exchange platform BitMEX reached a new milestone by hitting a daily trade volume...

Crypto-financial Lender Babel Finance Secures $80m in Series B Funding, Valuated up to $2Bn

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Hong Kong-based crypto-financial lender Babel Finance has raised $80 million in Series B funding at a valuation of $2 billion. In this round of funding,...

Thailand Exempts Crypto Transfers from VAT Payments until 2024

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The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok...

JPMorgan successfully conducts a pilot test for blockchain-based collateral settlements

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JPMorgan said that it will allow investors to pledge a wide range of assets as collateral, via its private blockchain. JPMorgan’s blockchain network...

Crypto Exchange Bitso Lays off Over 10% Employees

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South American trading platform Bitso announced the decision by laying off 80 employees for maintaining its long-term business strategy. The reason for the layoffs is...

Huobi Global Acquires Bitex To Expand Latin America in Market Share

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Huobi Global announced on Thursday that it has acquired Bitex, one of the first regional crypto exchanges in Latin America, as part of its...

Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance

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The Terra governance has approved the proposal to burn a certain amount of TerraUSD (UST) tokens. The tokens were held in the project’s community...

Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares

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Ark Investment Management, the investment company, tagged with Cathie Wood, is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product. This...

Binance Bahrain Gets Category 4 License to Provide Crypto Trading Service

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Binance, a global cryptocurrency exchange, announced on Thursday that its subsidiary in Bahrain has received a Category 4 license as a crypto asset service...