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Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...

Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team

14.1.2023
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange...

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

13.1.2023
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021....

IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’

7.1.2023
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with crypto companies, noting: “I don’t see how we can operate...

Coinbase and ENS partner to provide cb.id usernames for free

6.1.2023
Coinbase and ENS, short for Ethereum Name Service, have entered into a partnership to provide Web3 usernames to its users for free. These usernames are managed by Coinbase. They can be claimed through the desktop or mobile applications by new and existing users. A username, cb.id in this case...

OLA GG and OasyX partner to bring benefits to the community

4.1.2023
OLA GG took to its official blog post to announce that it has partnered with OasyX to bring yet another impressive Web3 project along with several benefits for the community. The development comes as Oasys looks to launch an NFT collection of 10,000 original characters. OasyX is built exclusively...

Onecoin Co-Founder Pleads Guilty to Fraud Charges in US

18.12.2022
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....

Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round

30.11.2022
Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where...

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