Author
571 posts
Bena Ilyas
Latest Articles
Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown
By Bena Ilyas
• 3 mins read
Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition.
Deribit Secures Conditional VASP License from VARA, Relocates HQ to Dubai to Expand Global Presence
By Bena Ilyas
• 3 mins read
The leading crypto derivatives platform Deribit has obtained a conditional VASP license from Dubai’s VARA and is relocating its HQ to Dubai. Luuk Strijers steps in as CEO to enhance global operations.
Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
By Bena Ilyas
• 3 mins read
Despite the uncertainty regarding Ethereum ETFs, the overall projection for Bitcoin is favorable.
US and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation
By Bena Ilyas
• 3 mins read
The exchange Garantex previously declared its commitment to thwarting illegal acts and actively collaborating with European and US authorities until its sanctions designation.
Singaporean Investors Embrace Bitcoin ETFs, 48% Planning to Increase BTC Holdings in 2024
By Bena Ilyas
• 3 mins read
The report shows that the Singapore investors involved in cryptocurrency are becoming more clear and confident about their investment strategies.
Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges
By Bena Ilyas
• 3 mins read
US’s success with Bitcoin ETFs challenges Japan’s stricter regulations on crypto investment products.
US Spot Bitcoin ETFs Rebound with $418M Inflows after Outflows Streak
By Bena Ilyas
• 3 mins read
The Bitcoin ETF market continues to see new competitors. Hashdex, a crypto asset management firm, announced its futures fund’s transformation into a spot product.
Portugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns
By Bena Ilyas
• 3 mins read
With prominent venture capital firms backing Worldcoin, the project undoubtedly holds significant financial clout. However, the road to a universally adopted iris-scanning identity system appears to be riddled with regulatory roadblocks and privacy concerns.
Texas Bitcoin Miners Teamed Up with Argentinian Firms for Sustainable Mining Operations
By Bena Ilyas
• 4 mins read
Argentina, ranked 12th among global methane emitters per World Bank data, presents opportunities for miners beyond Giga seeking to capitalize on this greenhouse gas.
FTX Offloads Two-Thirds of Anthropic Stake for $884M amid Bankruptcy Proceedings
By Bena Ilyas
• 3 mins read
Bankrupt crypto exchange FTX sold most of its stake in AI firm Anthropic for $884 million to repay creditors.