Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform. Source
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Cryptocurrency Exchange Crypto.com Receives Digital Token License from Monetary Authority of Singapore (MAS)
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Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March. Original Source
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Winklevoss twins’ crypto exchange Gemini to seek UAE crypto license
The Winklevoss-owned crypto exchange Gemini has announced that it has begun the process of acquiring a crypto service license for customers in the United Arab Emirates (UAE).In a May 31 blog post, Gemini cited increased enthusiasm for cryptocurrencies among citizens and positive conversations with regulators of the UAE as the
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Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.In a May 30 blog post, Bybit said it will not accept account opening applications from Canadians starting on May 31. Current users of the
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Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country. Source
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Decentralized exchange PancakeSwap moves into GameFi
On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed "Pancake Protectors," the game allows players to utilize the DEX's native CAKE tokens to earn in-game rewards.Utilities for CAKE tokens within Pancake Protectors include accelerating
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Crypto exchange TrigonX latest to emerge from the FTX rubble
Australian crypto exchange TrigonX is the latest revival story to come out of the FTX collapse, with the exchange set to relaunch after it collapsed in December with debts exceeding $50 million.According to company director Matteo Salerno, TrigonX is earmarked for revival after a deed of company arrangement was approved
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Lawmakers say Russia won’t develop state-owned crypto exchange
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Russian lawmakers have opted not to continue with plans to develop a state-owned crypto exchange. According to a regional newspaper, Izvestia, Russian lawmakers have scrapped plans to institute legislation that would allow the government to build
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Ethereum’s exchange holdings plunge to 5-year low
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum (ETH) balances on crypto exchanges have plunged to a five-year low, triggering speculation on its future price action. Intriguing developments have always marked the ebb and flow of the crypto market, and this week is no
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