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Paxful Slashes Gift Card Fees by 80%, Volumes and Interest Surge

30.5.2024
Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according...

Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations

30.5.2024
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns...

Bitcoin Well Launches Payments via Lightning Network in Canada

29.5.2024
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this...

Dash Now Available on Wizarbit for Purchase and Use on Debit Cards

29.5.2024
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider. This development allows users to purchase Dash instantly with euros at competitive rates using a credit card. Wizarbit’s unique offering includes a debit...

Bank of Israel Launches Digital Shekel Challenge

29.5.2024
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...

US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme

29.5.2024
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua”...

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

29.5.2024
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that...

Aave Network Set to Launch Following Aave V4 Protocol

28.5.2024
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest...

Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin

28.5.2024
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion...

Turkish Parliament Committee to Review Crypto Bill This Week

28.5.2024
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF...

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