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Coinbase gets regulatory consent by Bermuda Monetary Authority
29.9.2023
Coinbase International Exchange has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to eligible non-U.S.-based retail consumers. Coinbase, which is recognized as the most secure and dependable crypto-based company, is now prepared to operate with...
Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity
29.9.2023
The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — by six months more due to the link of its former head with a corruption scheme. Asonacrip, a national crypto association, is asking Sunacrip to open...
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Coinbase CEO Calls on Chase Customers in UK to Close Accounts After the Bank Says It Will Decline Crypto Payments
29.9.2023
Coinbase CEO Brian Armstrong has slammed JPMorgan’s British retail bank, Chase UK, for changing its policy to block all crypto-related payments. Calling the move by Chase “totally inappropriate,” the Coinbase boss said: “UK crypto holders should close their Chase accounts...
Binance Advises Paysafe Users to Convert Euro Balances to Tether
29.9.2023
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...
Exchanges federation touts crypto trading regulation, integration with TradFi
28.9.2023
The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT
Ripple Retracts Acquisition Plans for Fortress Trust
28.9.2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor...
Coinbase Launches Perpetual Futures Trading for Retail Crypto Traders Outside the US
28.9.2023
Coinbase has received a regulatory stamp of approval to start offering perpetual futures trading to retail crypto traders outside the U.S., opening up access to the $5.5 trillion global derivatives market. Coinbase Extends Perpetual Futures Trading to Retail Traders Abroad The Bermuda Monetary...
Earn free cryptocurrency with new coin launch ‘Bitcoin Minetrix’
28.9.2023
Despite being one of the most basic aspects of cryptocurrencies, mining has been something that is often not accessible for the typical investor. However, this is ending soon with the introduction of Bitcoin Minetrix, a secure and decentralized way of mining Bitcoin. Thanks to its tokenized cloud...
Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga
28.9.2023
The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally maintains that the SEC’s bid for a preclusion order...
Biggest Movers: SHIB, DOGE Snap Recent Losing Streaks
28.9.2023
Shiba inu snapped a recent four-day losing streak on Thursday, as bulls rejected a breakout below a key level of support. The slight rebound in price came as the global crypto market cap was marginally higher, climbing 0.25% as of writing. Dogecoin was also in the green. Shiba Inu (SHIB) Shiba...
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
28.9.2023
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands...
Crypto Observers Warn of Risk Aversion as Oil Prices Top $93
28.9.2023
The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected
Bitcoin, Ethereum Technical Analysis: ETH Moves to 1-Week High, as BTC Consolidates Recent Gains
28.9.2023
Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. Bitcoin was marginally lower, retreating from recent gains. Bitcoin...
Nuon announces integrating Chainlink CCIP
28.9.2023
Nuon has announced that it has chosen Chainlink CCIP to facilitate cross-chain flatcoin transfers. The integration will be live across the mainnet of Ethereum, Base, and Arbitrum. The objective here is to provide a more seamless experience to users when it comes to transferring Nuon, a flatcoin...
China Allows Visitors to Top Up Digital Yuan Wallets with Visa, Mastercard, Cash
28.9.2023
Trying to make the digital yuan more attractive for foreigners, China has added a “recharge before use” feature to its digital currency system. The upgrade will allow visitors from abroad to replenish a digital yuan wallet through the global payment networks Visa and Mastercard among other methods....
Europe drives institutional crypto adoption: Blockchain Expo Amsterdam
28.9.2023
Conversations with key speakers at the Blockchain Expo in Amsterdam suggest that cryptocurrency exchanges and companies see Europe as a key region for growth
Solana, Tron, and Bitcoin Spark – The best cryptos to buy before the bull run
28.9.2023
One of the reasons why cryptocurrencies are lucrative investment deals for individuals and investors is because they tend to have high returns on investment. These assets are highly volatile, and their prices fluctuate significantly. During the bull market, most digital asset prices surge...
Shiba Inu’s Future: Token burns, whales, and mainstream adoption
28.9.2023
Shiba Inu is a meme token inspired by the popular meme of the Shiba Inu dog. It gained fame in the crypto world for its community-driven nature and meme status. However, understanding the current sentiment is crucial as it influences SHIB’s price and market dynamics, impacting both short-term...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...