Binance, one of the world’s largest cryptocurrency exchanges, is set to expand its services in Japan. The Japanese subsidiary of Binance will reportedly provide trading services with additional digital currencies in the near future. The crypto behemoth re-entered the Land of the Rising Sun earlier this summer after departing in 2018 due to regulatory problems.According […]
Robinhood, a United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It is unclear whether Robinhood directly owns these coins […]
Robinhood, a trading app company, has been identified as the owner of the fifth-largest Ethereum address, holding 1.5 million ETH ($2.54 billion). This address also holds $177 million of other ERC-20 tokens. Arkham Intelligence, a platform that previously identified Robinhood as the owner of the third-largest Bitcoin address, made the announcement on Aug. 30. The […]
OKX, a leading cryptocurrency exchange, has released its tenth consecutive proof-of-reserves (PoR) report. The report shows that the exchange holds $10.4 billion in primary crypto assets such as Bitcoin (BTC), Ether (ETH), and Tether (USDT). The audit covered 22 digital assets, including USD Coin (USDC), Ripple (XRP), Dogecoin (DOGE), Solana (SOL), Polkadot (DOT), and OKB.The […]
Binance, one of the largest U.S. crypto exchanges, has been in the news a lot over the past week. The company has been facing intense scrutiny from regulators, and has had to make some changes to its business lines and regions. This week, Binance cut ties with five sanctioned Russian banks listed on its peer-to-peer […]
Coinbase Exchange announced today that it will be suspending 41 non-USD trading pairs, including ALCX/USDT and BIT/USD, in order to improve overall market health and consolidate liquidity. The affected trading pairs account for a negligible amount of Coinbase’s total trading volume. Users of Coinbase Advance will still be able to trade the suspended assets through […]
Kinetix Finance, a venture launched by core contributors of Quickswap, has unveiled its new Perpetual Market on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Perpetual Market offers users leveraged exposure to crypto assets such as KAVA, axlETH, axlWBTC, ATOM, and USDt, while ensuring utmost transparency and security.At the heart of Kinetix’s […]
Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos. Kinetix’s Perpetual Market allows users to leverage trade on the Kava Chain with five supported assets: KAVA, axlETH […]
Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. Kinetix Finance’s Perpetual Market allows users to leverage trade on the Kava Chain with crypto assets such as KAVA, axlETH, axlWBTC, ATOM, and USDt. The Perpetual Market is powered […]
In the wake of FTX’s fall, the crypto world is looking for more reliable indicators to assess exchange health. Glassnode has introduced three metrics to gauge risk, one of which has revealed an intriguing trend. While Binance and Coinbase show minor fund movements, Huobi’s data shows an increase in transfers to other exchanges. This could […]
