Blockchain News
Top Articles from Palak

Blockchain is nothing but a highly decentralized peer-maintained
network enforming common cryptographic protocols accessible
anonymously by everyone.

The system of open-ledger is incorporated into a digitally distributed
manner to implement cohesive attributes like federalization,
subjugation and collusion.

Growing as a separate entity, after its introduction with Bitcoin,
Blockchain technology is finding its roots in financial infrastructures
and much diverse use-cases.

Coingape brings a wide coverage of blockchain news and its supporting domains. Indulge in the ever-evolving industry of blockchain technology and decode how it will revolutionize the world.

Blockchain News
Blockchain News

Just-in: Binance.US CEO reveals the exchange has no immediate IPO plans

Binance.US CEO, Brian Brooks revealed in a recent interview, that the exchange has no plans of opting for a public listing anytime soon. Instead, he emphasized Binance.US is in process of closing a private funding round with “impressive” investor portfolios. Brooks brought up the discussion about the first venture financing round while differentiating Binance.US from

Binance.US CEO, Brian Brooks revealed in a recent interview, that the exchange has no plans of opting for a public listing anytime soon. Instead, he emphasized Binance.US is in process of closing a private funding round with “impressive” investor portfolios. Brooks brought up the discussion about the first venture financing round while differentiating Binance.US from

Over 1 Million People in Line for Robinhood Crypto Trading, But Why?
Blockchain News
Over 1 Million People in Line for Robinhood Crypto Trading, But Why?
Blockchain News

Robinhood Sinks 11% After Opening At IPO Price of $38

Robinhood (NASDAQ: HOOD) stock opens trading at $38, the exact level as its IPO price  The stock price dropped 11% in early afternoon trading from $38 to $34 Market experts warn day traders against rampant speculations and taking up debts July 29, 2021: Robinhood IPO has possibly been the most eagerly awaited initial public offering

Robinhood (NASDAQ: HOOD) stock opens trading at $38, the exact level as its IPO price  The stock price dropped 11% in early afternoon trading from $38 to $34 Market experts warn day traders against rampant speculations and taking up debts July 29, 2021: Robinhood IPO has possibly been the most eagerly awaited initial public offering

Blockchain News
Blockchain News

Breaking: Binance May Face Investigation in the $134 Million Money Laundering Case in India

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

Fund raise
Blockchain News
Fund raise
Blockchain News

PwC’s Crypto Head Reveals Why Crypto Firms Have Attracted Such High Funding Rates

2021 has proven to be the year of crypto startups as many of them have managed to raise record funding rounds, seeing investment from several Venture Capital firms and Hedge Funds. Multiple crypto startups have managed to gain Unicorn status after their latest funding round. Crypto startups have managed to raise hundreds of millions of

2021 has proven to be the year of crypto startups as many of them have managed to raise record funding rounds, seeing investment from several Venture Capital firms and Hedge Funds. Multiple crypto startups have managed to gain Unicorn status after their latest funding round. Crypto startups have managed to raise hundreds of millions of

Blockchain News
Blockchain News

FTX Crypto Exchange’s Average Daily Volume Rose 150X YoY

FTX.US, a US-regulated cryptocurrency exchange saw its average daily volume grew 150x YoY, from June 2020 to June 2021 as per the 1H filing. The exchange touched the peak with $993 million during a 24-hour period on April 22, 2021. According to Cryptowatch, FTX.US held the top ranking in the US for deepest liquidity and

FTX.US, a US-regulated cryptocurrency exchange saw its average daily volume grew 150x YoY, from June 2020 to June 2021 as per the 1H filing. The exchange touched the peak with $993 million during a 24-hour period on April 22, 2021. According to Cryptowatch, FTX.US held the top ranking in the US for deepest liquidity and

Blockchain News
Blockchain News

Breaking: $42.6 Trillion Asset Management Firm to Offer Crypto Sevices to Private Clients

State Street Corp., one of the top asset management groups with $42.6 trillion worth of assets under management has announced it would start offering crypto reporting, reconciliation, and processing services to its private-fund clients. The asset manager has partnered with Lukka Inc., a crypto software service provider for its fund administration services who would also

State Street Corp., one of the top asset management groups with $42.6 trillion worth of assets under management has announced it would start offering crypto reporting, reconciliation, and processing services to its private-fund clients. The asset manager has partnered with Lukka Inc., a crypto software service provider for its fund administration services who would also

Blockchain News
Blockchain News

Indian Crypto Exchange CoinDCX Looking to Raise $120 Million: Report

Indian crypto exchange CoinDCX could become the next crypto unicorn as reports suggest the crypto exchange is in talks to close a $100-$120 million funding round. The crypto exchange had closed a $13.9 million Series B funding round in December last year. The exchange raised a total of $19.4 million throughout 2020. The completion of

Indian crypto exchange CoinDCX could become the next crypto unicorn as reports suggest the crypto exchange is in talks to close a $100-$120 million funding round. The crypto exchange had closed a $13.9 million Series B funding round in December last year. The exchange raised a total of $19.4 million throughout 2020. The completion of

Blockchain News
Blockchain News

Crypto Startup Fireblocks Attains Unicorn Status With $310 Million Fundraise

Fireblocks, the blockchain startup that offers crypto infrastructure solutions including wallets, exchange, and custody services has closer to a $310 million Series D funding round, that tripled its valuation to over $2 billion. The crypto infrastructure provider has become the latest startup to solidify its Unicorn status. The Series D funding round was led by

Fireblocks, the blockchain startup that offers crypto infrastructure solutions including wallets, exchange, and custody services has closer to a $310 million Series D funding round, that tripled its valuation to over $2 billion. The crypto infrastructure provider has become the latest startup to solidify its Unicorn status. The Series D funding round was led by

Polkadex orderbook
Blockchain News
Polkadex orderbook
Blockchain News

Binance-run Charity in Malta may face legal trouble

Binance-run Blockchain Charity Foundation is under threat of regulatory action in Malta as the commissioner for voluntary organizations Malta has warned the exchange over consecutive failures to file accounts for the past three years. The office of the commissioner claimed in a letter dated 23rd July that the world’s largest crypto exchange is guilty of

Binance-run Blockchain Charity Foundation is under threat of regulatory action in Malta as the commissioner for voluntary organizations Malta has warned the exchange over consecutive failures to file accounts for the past three years. The office of the commissioner claimed in a letter dated 23rd July that the world’s largest crypto exchange is guilty of

Bitcoin News
Bitcoin News

Chinese Bitcoin Miners Donate Generators for Flood Relief in Henan

China’s Bitcoin miners have come together to help affected people in Henan, which had been struck with a deadly flood. Bitcoin Miners were spotted donating generators and food to the Henan province of China. Despite the Chinese crypto crackdown, companies that had to shift operations abroad post the great mining migration; the Chinese Crypto community

China’s Bitcoin miners have come together to help affected people in Henan, which had been struck with a deadly flood. Bitcoin Miners were spotted donating generators and food to the Henan province of China. Despite the Chinese crypto crackdown, companies that had to shift operations abroad post the great mining migration; the Chinese Crypto community

Image Source - Forkast
Altcoin News
Image Source - Forkast
Altcoin News

FTX & Binance promote ‘responsible trading’ by reducing max leverage limits

FTX crypto derivatives exchange and Binance, the world’s largest crypto exchange have announced a drastic reduction in the maximum leverage options allowed on their respective platforms. This move has come as part of the exchanges’ initiative towards promoting responsible and secure trading for existing and new users. FTX’s responsible trading Sam Bankman-Fried (SBF), FTX CEO

FTX crypto derivatives exchange and Binance, the world’s largest crypto exchange have announced a drastic reduction in the maximum leverage options allowed on their respective platforms. This move has come as part of the exchanges’ initiative towards promoting responsible and secure trading for existing and new users. FTX’s responsible trading Sam Bankman-Fried (SBF), FTX CEO

Altcoin News
Altcoin News

Why Binance Coin (BNB) May Soon Lose Its Top Spot in Crypto?

Binance Coin (BNB) at the time of reporting has dropped by nearly 6 percent over past week, while other top cryptocurrencies have shown upside. Binance Coin (BNB) is a native coin of crypto exchange Binance and it’s only a matter of time before  ongoing global regulatory crackdown affects BNB’s market.  The crypto exchange’s regulatory trouble

Binance Coin (BNB) at the time of reporting has dropped by nearly 6 percent over past week, while other top cryptocurrencies have shown upside. Binance Coin (BNB) is a native coin of crypto exchange Binance and it’s only a matter of time before  ongoing global regulatory crackdown affects BNB’s market.  The crypto exchange’s regulatory trouble

Blockchain News
Blockchain News

Premier League Club Watford’s new sponsorship deal is all paid in crypto

Football Premier League Club, Watford has recently signed a sponsorship deal with Stake.com, crypto sports betting platform and casino. The deal is all paid in cryptocurrency but the football club didn’t reveal the financing details. Watford’s name is often seen circulating in crypto news, due to its crypto sponsorship deals in the past as well.

Football Premier League Club, Watford has recently signed a sponsorship deal with Stake.com, crypto sports betting platform and casino. The deal is all paid in cryptocurrency but the football club didn’t reveal the financing details. Watford’s name is often seen circulating in crypto news, due to its crypto sponsorship deals in the past as well.

Blockchain News
Blockchain News

Breaking: Natwest becomes latest Financial giant to restrict Binance Payments

Natwest, the British banking giant has joined the growing list of financial institutions cutting their ties with the world’s largest cryptocurrency exchange Binance. The banking giant cited regulatory uncertainty around the crypto exchange in the UK as the key reason behind their decision. The bank said, “Due to an increase in scams relating to cryptocurrency

Natwest, the British banking giant has joined the growing list of financial institutions cutting their ties with the world’s largest cryptocurrency exchange Binance. The banking giant cited regulatory uncertainty around the crypto exchange in the UK as the key reason behind their decision. The bank said, “Due to an increase in scams relating to cryptocurrency

Visa
Altcoin News
Visa
Altcoin News

Just-in: VISA acquires RippleNet Partner CurrencyCloud for $950 Million

Visa, the payment processing giant has signed a definitive agreement to acquire cross-border remittance provider Currencycloud, the deal is valued at £700 million or $950 million inclusive of cash and retention incentives. Both the companies were already in a strategic partnership before the acquisition. Currencycloud is also a RippleNet partner which means it uses Ripple-made

Visa, the payment processing giant has signed a definitive agreement to acquire cross-border remittance provider Currencycloud, the deal is valued at £700 million or $950 million inclusive of cash and retention incentives. Both the companies were already in a strategic partnership before the acquisition. Currencycloud is also a RippleNet partner which means it uses Ripple-made

Blockchain News
Blockchain News

Bitcoin Mining firm Argo’s secret US listing application is now under SEC review

Argo Blockchain, a UK-listed Bitcoin Mining organization has recently announced that they had confidentially applied a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC), to acquire secondary listing in the US, i.e., dual listing. The firm has revealed that the request is currently undergoing the SEC review process. Argo

Argo Blockchain, a UK-listed Bitcoin Mining organization has recently announced that they had confidentially applied a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC), to acquire secondary listing in the US, i.e., dual listing. The firm has revealed that the request is currently undergoing the SEC review process. Argo

Blockchain News
Blockchain News

Breaking: FTX Closes Largest Funding Round in Crypto History at $18B Valuation

FTX crypto exchange has closed the largest funding round in crypto history with a $900 million fundraise in its series B funding round. The funding round saw participation from 60 investors with lead funding coming from the likes of Sequoia Capital, Third Point, Lightspeed Venture Partners, Coinbase Ventures, Softbank, and many others. Sam Bankman-Fried, the

FTX crypto exchange has closed the largest funding round in crypto history with a $900 million fundraise in its series B funding round. The funding round saw participation from 60 investors with lead funding coming from the likes of Sequoia Capital, Third Point, Lightspeed Venture Partners, Coinbase Ventures, Softbank, and many others. Sam Bankman-Fried, the

Bybit
Altcoin News
Bybit
Altcoin News

World’s Largest Derivatives-Only Crypto Exchange Enters Spot Market

ByBit, a derivatives-only cryptocurrency trading platform is entering the spot crypto market. The new spot exchange services would support BTCUSDT, ETHUSDT, XRPUSDT, and EOSUSDT trading pairs to begin with, with the biggest surprise being XRP. The expansion has occurred as the result of a series of regulatory actions against the organization. Bybit’s derivatives business has

ByBit, a derivatives-only cryptocurrency trading platform is entering the spot crypto market. The new spot exchange services would support BTCUSDT, ETHUSDT, XRPUSDT, and EOSUSDT trading pairs to begin with, with the biggest surprise being XRP. The expansion has occurred as the result of a series of regulatory actions against the organization. Bybit’s derivatives business has

SEC crypto IEOs
Blockchain News
SEC crypto IEOs
Blockchain News

SEC Commissioner Hester Pierce Says “She is Working on Crypto Clarity”

U.S. Securities and Exchange Commission (SEC) released a letter addressing the closure of U.K.-based Coinschedule, a platform that promoted the launch of over 2,500 digital tokens. Two commissioners that drafted the letter, Hester M. Peirce (also known as Crypto Mom) and Elad L. Roisman, called on the SEC to offer more regulatory clarity on which

U.S. Securities and Exchange Commission (SEC) released a letter addressing the closure of U.K.-based Coinschedule, a platform that promoted the launch of over 2,500 digital tokens. Two commissioners that drafted the letter, Hester M. Peirce (also known as Crypto Mom) and Elad L. Roisman, called on the SEC to offer more regulatory clarity on which

Blockchain News
Blockchain News

This Crypto Exchange May Soon Overtake Binance, Here’s Why

Binance has established itself as a truly global crypto exchange offering a range of services to various countries. It became quite popular for offering fiat to crypto onboarding ramps in financially troubled nations. However, in its quest to achieve global crypto dominance, the exchange overlooked certain regulatory compliance measures in several countries that have come

Binance has established itself as a truly global crypto exchange offering a range of services to various countries. It became quite popular for offering fiat to crypto onboarding ramps in financially troubled nations. However, in its quest to achieve global crypto dominance, the exchange overlooked certain regulatory compliance measures in several countries that have come