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Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
Start-up CGU Raises $2.5 Million USD in Third Public Round
26.10.2021
PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain...
A Robust Year for KuCoin, with a 720% Leap in Trading Volume
25.10.2021
It was an extremely busy year for cryptocurrencies at large, particularly for one crypto exchange, KuCoin, which has successfully smashed its former trading volume. KuCoin has reported a 720% increase in volume for Q321 from a year earlier, surpassing $258 billion. It saw a year-on-year jump in...
Paxful Records 57% Rise in Bitcoin Trading
25.10.2021
The international P2P fintech forum has attained an annual increase of 57% in the trading volume of Bitcoin and an annual increase of 83% for users based in Nigeria. According to Paxful review reports, the fintech platform has recently launched PaxNinja, the novel crypto educational center...
Reactivated Ethereum pools trigger a 78% surge in THORChain price
25.10.2021
RUNE looks ready to extend its gains after the reactivation of ETH-based pools resulted in a 78% rally last week
Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says
24.10.2021
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came...
How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months
23.10.2021
Warren Buffett said that "What we learn from history, is that people don’t learn from history." Crypto traders can change that
Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
23.10.2021
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through...
Bybit Is Now Offering 3% Bonuses on Deposits
22.10.2021
Traders who have yet to join cryptocurrency exchange, Bybit can now enjoy 3% bonuses on their first time deposits, capped at $3,000 per user. In addition, traders with combined trading volumes in both Spot and Derivatives of at least $100,000 will be automatically included in an exclusive lucky...
Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners
22.10.2021
COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will launch a new data analytics business under the joint leadership of Hilbert Group, Cointelegraph and Chiron Partners
Terra Enables IBC to Improve Trading on Cosmos DEXs
22.10.2021
Terra has introduced its indigenous token LUNA and the widely accepted stablecoin USDTerra (UST) to the integrated ecosystem by joining the Cosmos-enabled chain. The Cosmos network ends up with more than $18 billion of digital assets in liquidity with this Terra entry. With this, the imminent...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
22.10.2021
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
22.10.2021
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds...
Robinhood crypto wallet waitlist hits 1 million people
22.10.2021
Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist
As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
21.10.2021
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467....
Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week
21.10.2021
After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch...
How Binance is protecting its users with responsible trading program
20.10.2021
Bad actors may always exist, but cryptocurrency leaders like Binance have a plan in place to prevent harmful attacks
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
19.10.2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...