Canadian crypto exchange Bitvo reduces withdrawal fees by 50%

Several cryptocurrency exchanges have announced leaving the Canadian crypto market citing the Canadian regulations. Bitvo aims to leverage the market gap created by the leaving crypto exchanges. The reduced withdrawal fee takes effect starting today June 1, 2023. Canadian-based cryptocurrency Bitvo Inc (“Bitvo”) has today announced that it is reducing its withdrawal fee by 50% […]

Crypto exchange Bitget appreciates regulatory moves to advance the industry

Key takeaways Regulatory agencies globally have been rolling out frameworks to guide the cryptocurrency market. Europe recently approved the MiCA guideline, while Hong Kong is set to release its crypto regulatory framework soon. Crypto exchange Bitget said it supports all regulations designed to advance the cryptocurrency industry.  Cryptocurrency regulation begins to take shape globally The […]

Bitget has successfully registered as a VASP in Poland

Bitget has registered as a virtual asset service provider in Poland. The crypto exchange had registered in Lithuania as well in April. Bitget ended the first quarter with a 146% increase in BGB holders. Bitget has successfully registered as a VASP – Virtual Asset Service Provider in Poland, the crypto exchange confirmed in a press […]

LADYS memecoin craze: what to know as Milady skyrockets

Milady (LADYS) price jumped more than 10,000% in a few hours after an Elon Musk tweet of a meme image.  LADYS price was up over 3,200% at the time of writing as major exchanges listed the meme token. Milady is ranked 238th by market cap on CoinGecko, with $122 million in MC. The memecoin carnival […]

FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition

Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop Post-Extradition Charges Attorneys representing […]

Paxful P2P exchange reopens after closure

Paxful remained closed for the last month. A legal dispute between Paxful’s co-founders had disrupted the exchange’s operations. The Paxful wallet however remained open throughout the shutdown. Paxful on May 8, announced that it will be reopening its services after a month-long shutdown. The P2P crypto exchange, however, said that it will gradually restore its […]