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Indonesian e-commerce giant buys local crypto exchange for $8 million
30.8.2022
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub."
More Than a Third of Africa’s 53 Million Crypto Owners Are From Nigeria, Study Shows
30.8.2022
With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owners, currently accounts for more than a third of the continent’s total...
Singapore state investor leads $100M round for crypto firm Animoca: Report
30.8.2022
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022
Founder of Turkish Crypto Exchange Thodex Arrested in Albania
30.8.2022
The founder disappeared in 2021, taking with him funds from 400,000 users
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
30.8.2022
The Bank of Korea says domestic companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas
Wanted Turkish crypto exchange founder detained in Albania
30.8.2022
Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government
Crypto Custody Firm Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps
30.8.2022
Cryptocurrency custody firm Fireblocks has begun providing support for the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) applications and other Web3 activities
Mergers and Acquisitions Innovation for DeFi and Web3 Pushed Forward, Crypto Collapse Phoenix
30.8.2022
In 2021, the global cryptocurrency market was valued at US$ 1,782 Billion. Sectors like DeFi and NFTs allowed individuals to earn high yields on their investments and create unique collectables as web3 introduces decentralized and permissionless ownership of assets to individuals. Acquire.Fi...
Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto
30.8.2022
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay
Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report
30.8.2022
GoTo Gojek Tokopedia, Indonesia's biggest tech company, has entered the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin, Reuters reported Monday
Iranian businesses get the green light to use crypto for imports
30.8.2022
Iran's Trade ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"
Iran Passes Bill to Authorize Use of Crypto for Imports
30.8.2022
Iran has passed a bill authorizing trade transactions with cryptocurrencies, officially approving the use of digital assets for imports.
The bill redefines regulations on cryptocurrencies, the authorization to use cryptocurrencies for imports, and the supply of fuel and electricity for mining...
FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
30.8.2022
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto
Binance Aus ramping up measures to protect vulnerable users, says CEO
30.8.2022
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities
'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head
30.8.2022
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up
Argentina's Mendoza province now accepting crypto for taxes and fees
30.8.2022
The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24
Ripple counsel: SEC's shakedowns leave consumers holding the bag
30.8.2022
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space
78% of Americans Seek Diversification With Crypto, 46% Satisfied With Such Investments - Survey
30.8.2022
Among the Americans who have invested in crypto, as many as 78% view it as a way to diversify their investments, and a combined 46% say their allocations to crypto have brought about the same performance as they expected or better, according to a recent survey by US nonpartisan think tank...
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
30.8.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief....