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Nettexx: A Definitive Business-Centric Cryptocurrency Platform


Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions...

Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger


Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...

SEBA Bank Rebrands to AMINA Bank, Shoots for Global Expansion


Crypto-friendly Swiss-based SEBA Bank AG has announced its new brand identity: AMINA Bank AG. According to the press release shared with Cryptonews, the rebrand will not affect the bank’s current clients “other than encountering the new name.” It stated that, “All operations will be business...

Poloniex to Resume Withdrawals Starting With TRX After $100M Hack


Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...

Crypto Scam-Kit Inferno Drainer Shuts Down Operations


Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...

Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities


Image Source: Pixabay Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations.  The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel...

Kraken Faces SEC Charges for Unlawful Crypto Trading Operations


Image Source: CNBC The U.S. Securities and Exchange Commission (SEC) has added Kraken – a San-Francisco-based crypto exchange – to its hitlist of industry giants charged with a litany of securities law violations and internal control failures. In a lawsuit filed in a San Francisco court on Monday...

Kraken faces charges by the SEC for unregistered operations


The US Securities & Exchange Commission, also known as the SEC, has charged Kraken for offering services that were not registered under law. Kraken Inc. and Kraken Ventures Inc. allegedly have been found engaging in functions of securities exchange, dealer, broker, and clearing agency. This...

Bittrex Global is winding down its operations


Bittrex Global has announced that it will wind down its operations effective December 4, 2023, at 18:00 UTC. The venture has urged its users to log in to their accounts and withdraw funds as soon as possible. That is the last date and time for customers to trade assets, following which...

Bittrex Global to Halt All Trading in December as it Winds Down Operations


Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...

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