Market News Top Crypto News Binance Doesn’t See Viable Business in India – Top Crypto Updates Binance doesn’t see viable business in India: CZ “To be honest, I don’t think India is a very crypto-friendly environment,” said Binance CEO Changpeng “CZ” Zhao. He blamed the country’s high tax environment for making the market not so viable for global players. “If you are going to tax 1% on each transaction, there is not […] Written by Cherian Varghese November 18, 2022November 18, 2022
Market News Top Crypto News Binance Backs Out of Deal to Buy FTX – Top Crypto Updates Binance backs out of deal to buy FTX Binance, the world’s largest crypto exchange by volume, has walked away from a proposed deal to acquire FTX. CEO CZ Zhao confirmed in a series of tweets that Binance would not pursue the potential acquisition of FTX. He cited reports regarding “mishandled customer funds and alleged US […] Written by Cherian Varghese November 10, 2022November 10, 2022
Market News Top Crypto News Google Partners With Coinbase to Accept Crypto Payments – Top Crypto Updates Google partners with Coinbase to accept crypto payments Google Cloud has partnered with crypto exchange Coinbase to drive Web3 innovation. The tech giant will receive crypto payment via an integration with Coinbase. Crypto payments will initially be rolled out to a handful of customers involved in the Web3 industry. Google will also use Coinbase’s custody […] Written by Cherian Varghese October 13, 2022October 13, 2022
Market News Top Crypto News SEC Sues Dragonchain for $16.5M Dragon Token ICO – Top Crypto Updates SEC sues Dragonchain for $16.5M Dragon Token ICO The U.S. Securities & Exchange Commission (SEC) has announced charges against the chief architect of Dragonchain, John Joseph Roets, for allegedly raising $16.5 million in unregistered crypto asset securities offerings. Roets and Dragonchain conducted an unregistered offering of Dragon tokens (DRGN) through a discounted “presale” to members […] Written by Cherian Varghese August 17, 2022August 17, 2022
Market News Top Crypto News CoinFlex to Issue Tokens After Withdrawal Freeze – Top Crypto Updates CoinFlex to issue tokens after withdrawal freeze Crypto exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return. The company aims to resume withdrawals after a client failed to repay a $47 million debt. The platform will start to issue $47 million of “Recovery Value USD” tokens […] Written by Cherian Varghese June 28, 2022June 28, 2022
Market News Top Crypto News Binance US Sued For Promoting UST, LUNA – Top Crypto Updates Binance US sued over promoting, selling UST and LUNA A class-action lawsuit was filed against Binance.US, alleging that the crypto exchange misled consumers about the safety of Terra’s stablecoin UST and native token LUNA. The lawsuit also claims Binance violated federal law by selling UST and LUNA. Plaintiffs noted that the digital assets should have […] Written by Cherian Varghese June 14, 2022June 14, 2022
Market News Top Crypto News Argentina’s Largest Private Bank to Offer Bitcoin Trading – Top Crypto News Argentina’s largest private bank to offer Bitcoin, Ethereum trading Buenos Aires-based Banco Galicia will make four cryptocurrencies available to customers—Bitcoin, Ethereum, USD Coin, and XRP. It has launched a new and innovative service for its customers, offering the purchase, sale, and custody of crypto in a simple, secure manner. Banco Galicia is the largest private […] Written by marketfeed Team May 3, 2022May 3, 2022
Market News Top Crypto News Crypto Transactions Involving Indian, Foreign Exchanges May Attract GST – Top Crypto News Crypto transactions involving Indian, foreign exchanges may attract GST As per reports, transactions involving Indian exchanges and those outside the country could come under the tax authority’s lens. The tax department is scrutinizing how exchanges that allow trading in India manage their crypto float. [Crypto float is the total number of outstanding cryptos available for […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top Crypto News Crypto.com Secures FIFA World Cup Sponsorship – Top Crypto News Crypto.com secures FIFA World Cup sponsorship Crypto exchange Crypto.com will be an official sponsor of the 2022 FIFA World Cup. The partnership will put the exchange’s branding all around the tournament’s Qatar venue, as well as within the stadium’s broadcast view. The total compensation for the deal was undisclosed. Crypto prices today: Bitcoin down 0.2%, […] Written by marketfeed Team March 23, 2022April 21, 2022
