Holdings - Page 88 of 88

Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Binance, one of the world’s leading cryptocurrency exchanges, has broadened its financial service offerings by adding several new assets to its Binance Loans (Flexible Rate) product, as announced on March 13, 2024. The new digital assets available for loaning include Axie Infinity (AXS), PAX Gold (PAXG), Pendle (PENDLE), Render (RNDR), and USD Coin (USDC). The … Continue reading Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Bakkt Faces NYSE Delisting Over Low Share Price

Bakkt Holdings, Inc., a prominent player in the cryptocurrency market, received a notification from the New York Stock Exchange (NYSE) on March 14, 2024, regarding non-compliance with the exchange’s minimum share price rule. The NYSE Listed Company Manual’s Section 802.01C mandates that the average closing price of a company’s common stock must remain above $1.00 … Continue reading Bakkt Faces NYSE Delisting Over Low Share Price

Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

In a boost to Japan’s emerging Web3 industry, Decima GP Limited has announced the successful closure of a funding round amassing approximately ¥4.5 billion for the Decima Fund, LP. The capital raise, completed on March 14, 2024, marks a pivotal step in the fund’s mission to incubate domestic projects aiming for overseas markets, as well … Continue reading Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Galaxy Asset Management (GAM), a leading firm in the digital asset space, has announced a significant milestone, with its assets under management (AUM) surpassing the $10 billion mark. This achievement underscores the growing institutional interest in the digital asset market and positions GAM as a heavyweight in the industry. GAM’s AUM reached $10.1 billion as … Continue reading Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

The Nigerian High Court has issued an order to Binance Holdings, one of the world’s largest cryptocurrency exchanges by trading volume, to provide the Economic and Financial Crimes Commission (EFCC) with detailed transaction records of Nigerian users. This directive is a response to allegations of criminal activities and money laundering facilitated through Binance’s platform, a … Continue reading Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Following a transformative year, Bakkt Holdings, Inc. (NYSE: BKKT) has reported a remarkable increase in both fourth quarter and full-year revenues for 2023, according to a press release shared with Blockchain.News. The digital asset platform acquired Bakkt Crypto (formerly Apex Crypto, LLC) in April 2023, and the inclusion of this new acquisition has significantly contributed … Continue reading Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Everything You Need to Know When Using a Digital Currency Exchange

The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession. Of course, you very likely already know this. And this is a testament to how much cryptocurrencies have permeated society and changed how we … Continue reading Everything You Need to Know When Using a Digital Currency Exchange

Binance Completes Stratis (STRAX) Token Swap and Redenomination

Binance announced the completion of the Stratis (STRAX) token swap and redenomination on its official support page. The exchange confirmed that deposits and withdrawals for the new STRAX tokens are now open, allowing users to freely manage their STRAX holdings. To facilitate the transition, Binance has made several services available for the new STRAX tokens. … Continue reading Binance Completes Stratis (STRAX) Token Swap and Redenomination

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

A smart contract mishap has resulted in approximately $24 million worth of tokenized staked Solana (stSOL) being inadvertently locked on the Lido platform. The stSOL tokens represent staked Solana that users could previously lock in to earn a yield. This incident highlights the inherent risks associated with complex smart contract operations in the blockchain and … Continue reading Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing

NYSE Arca, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Ethereum ETF. The proposed rule change was filed on March 28, 2024, and is now open for public comment. Under the proposed rule change, the Bitwise Ethereum ETF would … Continue reading NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing