Eric Nkando
Reporting for The Distributed.
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Binance Restricts New U.K. Users As Crypto Ad Rules Come Into Effect
Binance has announced a decision to stop new users from the U.K. The restriction started on Monday, October 16th, 2023, at 5…
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Bitstamp Is Reportedly Talking To European Banks To Offer Crypto Services
The oldest crypto exchange, Bitstamp, is courting three major European banks to offer digital asset services. The latest reports by Coindesk indicate…
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Grayscale Files To Convert Its $4.9B Ethereum Trust To Spot ETF
Crypto asset manager Grayscale has filed with the U.S. SEC to convert Grayscale Ethereum Trust (ETHE) to a spot Ethereum ETF. The…
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Coinbase Registers With The Spain Regulator To Offer Crypto Services
Coinbase registered, on Monday, with the Bank of Spain to offer its full suite of products and services. Spain users will enjoy…
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Epic Battle Shapes Up For Binance.US And SEC On Cooperation, Ceffu Links; Trading Volumes Hit A Low
Trading activity on Binance.US reached $2.97 million in September due to legal struggles between the exchange and SEC. The trading volume is…
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FTX Reveals $1.16B SOL Holding, $7B Total Assets In Court Filing
Collapsed crypto exchange FTX holds more than $7 billion in total assets, a court filing showed on Monday. Solana (SOL) tokens take…
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Australia’s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals
Australia’s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation…
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Shiba Inu’s Shibarium Bridge Goes Fully Functional After A Shaky Start
Shiba Inu developers have announced that “Shibarium is live and operating well.” The Monday update stated, “now that we’ve proven that all…
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PayPal Expands Crypto Services With A Dollar-Backed Stablecoin
PayPal has announced the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin is 100% backed by the U.S. dollar, short-term…
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Tether’s Excess Reserves Rise To $3.3B; Discloses Exposure To U.S. Treasuries And Energy
Tether disclosed that its treasury reserve holdings that back USDT tokens increased by $850 million to $3.3 billion in Q2 2023. The…









