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Crypto payment card ‘top priority’ for Binance Ukraine in 2022
1.2.2022
A Ukrainian official previously said that local laws do not prohibit people from paying in crypto if it’s converted into fiat
WhiteBIT Cryptocurrency Exchange Enters the Metaverse with TCG World
1.2.2022
You have probably already noticed how the metaverse is getting more and more popular every day, accelerated by Facebook’s strategic move to rebrand to Meta and develop their own metaverse. We are entering into a generational shift, people are buying virtual land for large sums of money,...
India Sends Crypto Legalization Signs With Tax Plans, WRX Skyrockets
1.2.2022
In another turn of events involving India’s crypto policy, the country’s Finance Minister Nirmala Sitharaman has proposed to tax gains from crypto transfers at a 30% rate, with no deductions to be allowed. Moreover, the country’s central bank digital currency (CBDC), the digital rupee, is to...
Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
31.1.2022
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets
WEF's blockchain head will lead the Crypto Council for Innovation
31.1.2022
CCI board member Fred Ehrsam cited the WEF executive’s “in-depth knowledge of crypto” in addition to her experience working with governments across the globe
FTX exchange breaks $32B valuation despite crypto winter fears
31.1.2022
FTX raised $400 million funding shortly after its U.S.-based sister firm raised the same amount last week
Users in Nigeria Demand Binance to “Stop Scamming”
31.1.2022
Nigerian customers are reprimanding the leading crypto exchange of the globe by trading volume due to the unreasonable cancellation of their accounts among various dubious practices done on the platform. Many Nigerian users of the cryptocurrency platform, Binance, have got frustrated, and they...
Nigerian Crypto Firm Executive: Central Bank Prohibition Led to Growth in Crypto Awareness
31.1.2022
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking system may be the reason why Nigerians are now more knowledgeable about cryptocurrencies....
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement
31.1.2022
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted...
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperability
31.1.2022
MULTI, SYN and CELR saw a substantial boost in price as the crypto ecosystem focused on integrating cross-chain interoperability as a new fundamental component in DeFi
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation
29.1.2022
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign...
Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence
28.1.2022
The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in...
Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network
28.1.2022
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency...
Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year
28.1.2022
PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting...
Bitfinex Announced Support for BitTorrent Token Redenomination and Swap
27.1.2022
BitTorrent’s token redenomination and swap caused quite a stir in the market as every DEX must make changes to support the crypto. Bitfinex recently became one of the exchanges to support the swap on 28th January. During the upgrade, Bitfinex will restrict withdrawals, deposits, and trading of...
Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally
26.1.2022
FRONT, DG and QSP join the list of altcoins which surged more than 40% after BTC recovered the $38,000 level
Binance Becomes Main Sponsor of Argentinian Soccer Association
26.1.2022
Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for...
Crypto firms ignore Africa at their peril as continent set for major adoption
25.1.2022
Experts believe that Africa is primed to lead the next wave of global crypto adoption
Binance Leads $5.5M Seed Round for Heroes of Mavia
24.1.2022
Binance recently assisted Heroes of Mavia by leading a 5.5 million dollars seed round. The gaming venture will use the funds to enhance its game development, attract fresh talent, and promote the community. Heroes of Mavia aims to revolutionize the NFT gaming landscape with its gameplay, mechanics...
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
23.1.2022
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer...