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Crypto.com to Increase Its Insurance Coverage
21.9.2021
Crypto.com finally announced the expansion of the total coverage of insurance to $750m after increasing the insurance policy coverage under Arch Underwriting at Lloyd’s Syndicate of 2012. The renewed insurance policy of Crypto.com will make the platform the biggest and most popular insurance policy...
Deutsche Boerse launches Solana and Polkadot ETNs by VanEck
21.9.2021
Three new crypto ETNs are now live on Deutsche Boerse, following previous ETN listings on BTC, ETH, BCH and LTC
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
21.9.2021
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However...
Binance to cease crypto futures and options in Australia
21.9.2021
Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens
US Regulators ‘Subpoena Speaker on Escalator’ at NY Crypto Event
21.9.2021
Rubin, the Founder and Managing Partner of Humbition, claimed he had “witnessed a guy get served by the Securities and Exchange Commission (SEC) at the top of the escalator” directl
60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week
21.9.2021
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce...
Following SEC notice, Coinbase abandons plan for crypto lending program
20.9.2021
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market
FTX crypto exchange expands to Bahamas with new registration
20.9.2021
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas
MDEX Partners with X World Games
20.9.2021
MDEX has entered into a collaboration with X World Games to launch the joint event of staking on the MDEX platform on 18th September according to MDEX Review reports. X World Games is a renowned blockchain-based gaming platform that seeks to make non-crypto gamers engage in blockchain gaming...
Crypto.com expands insurance program to cover $750M
20.9.2021
The insurance policy is one of the largest in the cryptocurrency industry, reflecting heightened demand for consumer protection
Nigerian Central Bank Threats Force Parallel Exchange Rate Tracker to Suspend Service
20.9.2021
Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets “better clarity...
Bitcoin.com Doubles Down on Non-Custodial Model
20.9.2021
Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange. Therefore, the Bitcoin.com Wallet, which is fully non-custodial and provides users with direct access...
An NFT Storm Brewing for OpenSea as FTX's New Platform 'a Month Away'
20.9.2021
on-solana-meltdown-nfts">told Bloomberg that the exchange has a “robust framework,” and is therefore “set up for an easy expansion” – specifically to include NFTs minted externally.The exchange already allows their users to mint and list NFTs, but the next goal is to enable them to bring
Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the Lawsuit
20.9.2021
Amid the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog. They are confident that SEC Chairman Gary Gensler will be convinced that pursuing the case is picking winners...
Ex-Head оf Wex Crypto Exchange Reportedly Arrested in Poland, Faces Extradition to Kazakhstan
20.9.2021
Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud related to the now defunct trading platform, successor of the infamous BTC-e exchange. Former...
AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency
19.9.2021
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto...
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
19.9.2021
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely...
US Authorities Investigate Binance for Insider Trading and Market Manipulation: Report
19.9.2021
Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue...
LBank Exchange Lists NBL (Nobility)
18.9.2021
PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, will list NBL on September 15, 2021. For all users of LBank Exchange, the NBL/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on September 15, 2021. Esports industry...
Luno to Reinstate Deposit and Withdrawal Function for Nigerian Clients — Denies User Speculation
18.9.2021
One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected...