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Studying the news of the cryptosphere, we have selected for you the most up-to-date information about cryptocurrency exchanges. It deals with regulation, NFTs, staking and many other issues.
Binance may be banned in the Philippines
The Philippine Public Policy Think Tank has called on the Department of Commerce and Industry to ban the Binance crypto exchange. The reason is the lack of a license.
Coinbase failed to meet the targets
The NFT marketplace of the exchange showed poor results in 3 months of operation. The average monthly trading volume was 2000 times less than that of OpenSea. This figure is approximately $37,000.
Before the launch, there were over 4 million users on the waiting list, and in fact, about 8,668 users registered on the site in 3 months.
Soon the exchange will officially operate in France, Italy, Spain and Holland. Perhaps this will improve performance. Currently, the company already has representative offices in the UK, Ireland and Germany.
Coinbase also recently added Solana ($SOL) staking. The current estimated annual yield is ~3.85% per annum. Rewards will be credited to the account every 3-4 days.
KuCoin denies rumors of liquidity problems
The CEO of the company noted that there are no problems with the funds, and the exchange does not plan to stop the withdrawal of funds.
The exchange also recently added the Casper (CSPR) cryptocurrency to the listing. The token rose by 20% after the announcement of the news. Trading volume increased by 202%.
FTX still buys BlockFi
In the near future, a deal will be concluded that will make the Sam Bankman-Fried crypto exchange the owner of a stake in the BlockFi lending platform business. At the same time, $25 million will be paid for the shares. This is 99% lower than the amount that was called for the same volume of securities during the last assessment of the lending platform.
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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.