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Exchange News

Appeals Court Ruling Dismisses Celius’s $444M Suit Against FTX

Jeet Adhvaryu Jan 3, 2025 0
Celsius' claim filings contained insufficient evidence, according to the adjudicator.Celsius Network, an insolvent crypto lender, has filed an appeal against a court ruling that rejected its $444 million claim against the defunct…
Crypto News

Lens Network will roll out a new set of innovative contracts

Jeet Adhvaryu Jan 3, 2025 0
Including social features, Stani Kulechov of Aave revealed innovative contracts for Lens Network.Stani Kulechov, the founder of Aave, announced that the company was on the brink of introducing a series of innovative contracts on the…
Bitcoin News

China Establishes Stricter Regulations on Banks to Monitor Crypto Transactions

Jeet Adhvaryu Jan 2, 2025 0
In an effort to mitigate illicit cross-border financial activities, China has implemented more stringent regulations that necessitate banks to track and record risky crypto transactions.China has implemented new regulations that…
Crypto News

Kekius Maximus Frenzy Investor Earns $3 Million in Weeks

Jeet Adhvaryu Jan 2, 2025 0
In just 18 days, a trader capitalized on the hype surrounding Kekius Maximus, a meme coin that was inspired by Elon Musk's fleeting name change, and transformed $66 into $3 million.On New Year's Day, headlines were dominated by…
Crypto News

UK Fighting Illegal Crypto Ads Following FCA Crackdown

Jeet Adhvaryu Jan 2, 2025 0
The FCA's assault on unlawful crypto ads in the UK in 2024 was insufficient, as only 54% of them were removed. This raises concerns about the efficacy of enforcement and regulation.The Financial Conduct Authority (FCA) has attempted to…
Crypto News

Singapore will become Asia’s next crypto powerhouse with ‘risk-adjusted’…

Jeet Adhvaryu Jan 1, 2025 0
The doubling of licenses in 2024 and the crypto-friendly regulations of Singapore have established it as a burgeoning centre for blockchain innovation.After issuing twice as many crypto licenses in 2024 as the previous year, Singapore…
Bitcoin News

The Swiss chancellery has approved the proposal to incorporate Bitcoin into national reserves

Jeet Adhvaryu Jan 1, 2025 0
Initiative proposes amending the Swiss Constitution to enhance financial independence through the use of Bitcoin.Switzerland's Federal Chancellery has authorized the formal submission of the "Bitcoin Initiative," a constitutional…
Crypto News

IRS grants CeFi Exchange users temporary relief

Jeet Adhvaryu Jan 1, 2025 0
The United States Internal Revenue Service (IRS) released a temporary relief measure that is anticipated to benefit CeFi exchange users in 2025, as reported by Odaily.This measure is intended to address the concerns that have been…
Crypto News

December DEX trading volume broke records at $463B

Jeet Adhvaryu Dec 31, 2024 0
Accordingly, Solana and Uniswap were responsible for the blockchain and platform activities, respectively.This December, the trading volume of decentralized exchanges (DEXs) reached a record high of $463 billion, indicating their…
Crypto News

Binance Labs in 2025 to Rebrand and Increase CZ Engagement

Jeet Adhvaryu Dec 31, 2024 0
CZ, the former founder of Binance, will be allocating a greater amount of time to investing and interacting with initiatives.Binance Labs, the venture capital arm of the cryptocurrency exchange Binance, has announced its intention to…
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