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Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD
6.9.2022
The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. Binance further details that users holding three types of stablecoins...
Poolin, One of the Largest Bitcoin Mining Pools, Suspends Withdrawals From Wallet Service
5.9.2022
Just yesterday, the mining pool admitted to liquidity issues
Last Chance to Register and Join Industry Leaders at the Largest Financial B2B EXPO
5.9.2022
iFX EXPO Asia 2022 is scheduled for 13-15 September and will take place in Bangkok for the first time ever. The largest financial B2B EXPO will be held in the impressive Centara Grand & Bangkok Convention Centre at CentralWorld. It will bring together thousands of top professionals from online...
India Surpasses UK as World’s 5th Largest Economy Based on IMF Data
4.9.2022
India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes...
Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses
3.9.2022
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
3.9.2022
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High
31.8.2022
On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps...
Largest Ether mining pool Ethermine opens new ETH staking service
31.8.2022
The new service offers Ethermine members a chance to collectively stake their ETH and earn 4.43% interest annually on top of their ETH deposits. As little as 0.1 ETH ($159) required to enter
Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity Pool
29.8.2022
The Banco Central do Brasil chose seven other projects as part of the Financial and Technological Innovation and Technology Laboratory
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
25.8.2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed...
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
25.8.2022
Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
25.8.2022
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
Bitcoin, Ethereum Technical Analysis: ETH Moves Towards $1,700, BTC Largely Unchanged
24.8.2022
Ethereum moved closer to $1,700 in today’s session, as prices continued to rebound following recent losses. Bitcoin was largely unchanged from Tuesday’s session, as the world’s largest cryptocurrency was once again trading above $21,000. As of writing, the global crypto market...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
23.8.2022
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said...
Turkish Delight or Slight: Decoding Eurasia’s Largest Blockchain Event
23.8.2022
Blockchain Economy Istanbul, held July 27-28 and billed as Eurasia’s largest blockchain conference saw close to 3,000 people attending to listen to 50 speakers but did the pre-event hype match the on-ground atmosphere?
Turkish Delight or Slight: Decoding Eurasia’s Largest Blockchain Event
23.8.2022
Blockchain Economy Istanbul, held July 27-28 and billed as Eurasia’s largest blockchain conference saw close to 3,000 people attending to listen to 50 speakers but did the pre-event hype match the on-ground atmosphere?
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers
22.8.2022
SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new batch of title sponsors and speakers for its upcoming Singapore edition which will be running from 28 to 29 September. This year marks the conference’s Singapore debut, making...