Binance to Perform Wallet Maintenance, Announces Temporary Suspension on Bitcoin Withdrawals
2.11.2023
Crypto exchange behemoth Binance is set to conduct wallet maintenance for the Bitcoin (BTC) network on Friday. According to a company update, the exchange will temporarily suspend BTC withdrawals on Nov. 3 until the maintenance is complete. The wallet maintenance is expected to take about...
Input Output Global adds Nami Wallet to its product portfolio
2.11.2023
IOG, or Input Output Global, recently announced adding the Nami wallet to its product family. The company released an official post to make the announcement. The post discussed the reputation that the Nami wallet had built. Ever since its release in July 2021, the wallet has secured the trust...
Paypal Achieves FCA Registration in the UK, Paving the Way for Crypto Services Resumption in 2024
2.11.2023
The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of crypto purchases within the U.K., although the company...
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...
UK seeks six crypto investigators to beef up National Crime Agency
2.11.2023
The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities
JPEX Scandal Won’t Deter Hong Kong’s Web3 Market Development, Says Treasury Secretary
2.11.2023
Amidst the $213 million scandal involving the cryptocurrency exchange JPEX, the Hong Kong government has maintained its commitment to advancing its Web3 vision for the region. Christopher Hui, the Secretary for Financial Services and the Treasury of Hong Kong, assured the city’s vision...
Abu Dhabi Global Market introduces comprehensive DLT Foundations Regulations
2.11.2023
The ADGM’s new regulatory framework is the first of its kind in the world, it says. The free financial zone is already a hub of crypto activity
Axie Infinity developer brings Japanese Web2 games to Ronin
2.11.2023
The first Web2 game of the series to be bridged to Ronin is Zoids Wild Arena
Binance to Opt Out of Ruble Payment Deal with Advcash Amid Russian Exit
2.11.2023
Binance is planning to end its partnership with the payment provider Advcash, putting a stop to the ruble-based transactions, according to the Wall Street Journal. This move is in line with the crypto exchange’s ongoing strategy to exit the Russian market. Binance’s collaboration with...
Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
2.11.2023
Investors will likely see Bitcoin surge even more when a spot Bitcoin ETF is approved, but other factors are needed for the rally to sustain, warn analysts
UK Government’s Ambition to Make Britain a Global Crypto Hub ‘Remains Steadfast’
2.11.2023
Britain’s Economic Secretary to the Treasury Andrew Griffith MP has reaffirmed the government’s ambition to make the U.K. a global hub for crypto asset technologies. He stressed that in order to realize this ambition, “we must make the U.K. a place where cryptoasset firms have...
Chinese Court Hands 6-Year Prison Terms to Masterminds in $300 Million USDT Money Laundering Case
2.11.2023
The Tongliang Court in China handed down sentences to 21 individuals, including key figures in a $300 million USDT money laundering case. The massive crypto money laundering case, which spanned from November 2020 to late April 2021, revolved around the actions of the primary defendants, Jiang...