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Major crypto exchange KuCoin has reportedly settled with New York authorities to stop offering its services in the local market, along with a payment of $22 million. The settlement deal comes months after the New York Attorney General (NYAG) sued KuCoin for selling unregistered securities to users in the state. KuCoin Leaves New York According

China’s messaging app giant – WeChat – reportedly enabled digital yuan settlements on its platform. The service is available in all of the 23 regions where the financial product is being trialed, including Beijing and Shanghai. According to recent coverage, the biggest messenger application in China – WeChat – allowed clients to facilitate transactions in…

The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the

[PRESS RELEASE – Los Angeles, California, September 18th, 2024] Funding will help over 1 million users build healthier habits through incentive rewards and personal AI coaching CUDIS, the company behind the first Web3 and AI-powered wellness ring, has raised $5 million in a funding round led by Draper Associates, with participation from Skybridge, Penrose, SNZ

The two most successful soccer teams in Spain – FC Barcelona and Real Madrid – filed for a joint Metaverse trademark application. The clubs plan to provide their fans with products like virtual reality gaming and cryptocurrency transaction management software. The Spanish colossuses are not the only ones to make such a move in the…

[PRESS RELEASE – Majuro, Marshall Islands, May 15th, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces the close of its $650k VC investment round led by NxGen, and the announcement of its Fjord Foundry LBP on May 21st-23rd. In the past month, Multipool has brought together the best of the crypto

[PRESS RELEASE – Abu Dhabi, United Arab Emirates, July 31st, 2024] • M2 ADGM now accepts deposits and withdrawals from UAE bank accounts to purchase Bitcoin (BTC) and Ethereum (ETH) with United Arab Emirates’ Dirhams (AED) • The new integration from M2 ADGM, regulated by the Financial Services Regulatory Authority (FSRA) located in the ADGM

The world’s leading cryptocurrency exchange, Binance, has opened up about the entire fiasco that was endured by Dogecoin Core maintainers and the company during the wallet upgrade. In its blog post titled, “The Inside Story on DOGE withdrawals,” Binance revealed what actually transpired and how no one was at fault. Dogecoin (DOGE) withdrawals Inside Story…

ADA witnessed a very strong 50% price surge over the past month as it reached $0.139. The coin reached a 2-year high over the weekend. Against Bitcoin, ADA rebounded from support at 1150 (.382 Fib Retracement) this weekend as the bulls start the push higher. ADA/USD: Bulls Attempt To Rebound From $0.13 Support. Key Support…