Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,408,177,480,519.84
  • 24h Vol: $56,898,301,065.56
  • BTC Dominance: 56.45%

KuCoin

kucoin-to-implement-7.5%-vat-on-transaction-fees-for-nigerian-users

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

Leave a Comment / Africa, Binance, Bitcoin, crypto exchanges, Crypto Hacked, Crypto Nigeria, Cryptocurrency, Ethereum, KuCoin, KYC, tax evasion, value added tax / / / , , , , , , ,

Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry. […]

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binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

Leave a Comment / Abracadabra.money, banking partner, Binance.us, Bitcoin, Bittrex, Blockchain, CFTC, Crypto Hacked, crypto market, Cryptocurrency, cryptocurrency businesses, Cryptocurrency Exchange, Cryptocurrency regulations, decentralized finance, delisting, Digital Assets, Ethereum, external attacks, internal attacks, Investors, KuCoin, Liquidity, Magic Internet Money, Market Cap, market manipulation, market volatility, network resilience, New York Attorney General, News, Regulatory, regulatory uncertainty, risk profile, SEC, SPELL, Stablecoin, trading, TRC20, tron, unregistered security, US operations, volume / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure Read More »

usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Leave a Comment / Auto-Conversion, Binance, Bitcoin, BitPay, Coinbase, coingecko.com, Crypto, Crypto Hacked, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, Ethereum, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether,

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident Read More »

new-york-attorney-general-files-lawsuit-against-kucoin-and-declares-ethereum-a-security

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

Leave a Comment / Bitcoin, broker-dealer, Coinex, commodities, crypto assets, crypto exchange, crypto forums, Crypto Hacked, crypto platforms, Cryptocurrency, Developers, enforcement action, Ethereum, ethereum security, Exchange, ICO, Impact, investment, KuCoin, Lawsuit, Letitia James, Market Capitalization, New York Attorney General, News, OAG, registered, Regulation, Securities, Seychelles, Social Media, State, U.S. dollar / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security Read More »

crypto-exchanges-allow-russians-to-circumvent-sanctions,-report-alleges

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

Leave a Comment / Bank, banks, Binance, Bitcoin, Blockchain Analysis, Bybit, Crypto, crypto exchanges, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, EU, Exchanges, Huobi, Inca Digital, KuCoin, OTC, p2p, report, Russia, russians, sanctioned, Sanctions, Sberbank, Tether, transactions, uk, Ukraine, US, War / / / , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. It also highlights an increased Russian interest in tether. Russian Traders Still Using

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges Read More »

nft-marketplace-blur-launches-native-token,-blur-price-drops-85%-in-a-matter-of-hours

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

Leave a Comment / Airdrop, art collectors, Bitcoin, Blockchain, Blur, Blur NFT, Blur NFT Market, Blur NFT Marketplace, BLUR/USDT, Crypto Hacked, crypto market, Cryptocurrency, cryptocurrency investment, Decentralized, Digital Art, digital ownership, ERC-721, Ethereum, Global Trade, KuCoin, LOOKS, looksrare, Market Capitalization, Marketplace, Markets and Prices, nft, Non-fungible Token, Opensea, Smart Contract, token launch, trade volume, trading, transfers, Unique addresses, virtual assets, volatility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S. dollar. BLUR Token Launch Records

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours Read More »

argentina-mulls-inclusion-of-proof-of-solvency-requirements-in-crypto-regulation

Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation

Leave a Comment / Argentina, Binance, Bitcoin, CNV, Crypto Hacked, Crypto.com, Cryptocurrency, Ethereum, ftx, KuCoin, lemon cash, Mazars, national securities regulator, Proof of Reserves, Proof-of-Solvency, Regulation, sebastian negri / / / , , , , , , , , , , , , ,

Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges and custody institutions in Argentina, in the wake of the demise of leading cryptocurrency exchange FTX. Cryptocurrency Exchanges

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