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Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

21.6.2022
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...

Crypto Exchanges Backing Away from Sports Spending as Crunch Continues

21.6.2022
  Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets. Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they...

Binance to Enable BEP20 Network Upgrade

20.6.2022
The official newsletter from Binance announced support for the BNB Smart Chain’s upgrade and hard fork. Referred to as the Euler Upgrade, it will go live on the 22nd of June at the block height of 18,907,621. The network will suspend all deposits and withdrawals approximately at 7:00 UTC...

Binance Suspends Direct Deposits and Withdrawals in Brazil

19.6.2022
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states...

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors

19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...

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