Category : Blockchain

Blockchain

Binance CEO Calls Out ‘Bad Players’ for Crypto Exchange Jitters

Changpeng ‘CZ’ Zhao has called out for crypto advocates to address the dark side facing the crypto world. (Read More)

Tornado Cash Developer Arrest Fuels Petition and Protests in Amsterdam

Following the crash of Tornado Cash under the sanctions imposed by the US, the protocol's developer, Alex Pertsev, has also been nabbed by authorities in the Netherlands, triggering a new round of protest. (Read More)

Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS

The central bank of Singapore also known as the Monetary Authority of Singapore (MAS) has issued a standard payment institutional license to BHEX.SG, a digital assets trading platform (Read More)

Bangko Sentral ng Pilipinas Warns the Public About Unregistered VASPs

The Central Bank of the Philippines also known as the Bangko Sentral ng Pilipinas (Bangko Sentral) has issued a warning to citizens urging them to stay away from unregulated virtual asset service providers(VASP) (Read More)

Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter

Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go of up to 74 of its staff (Read More)

Binance U.S Secures Money Transmitter License From Nevada

The United States subsidiary of the world's largest cryptocurrency exchange by trading volume, Binance U.S announced today that it has received a Money Transmitter Licence from the Nevada Department of Business and Industry, Financial Institutions Di...

BingX Is Expanding Global Workforce Despite Crypto Winter

BingX is hiring amid a market downturn. The firm wants to continue expanding its global workforce strategically to further position its social trading business. (Read More)

Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia

Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia. (Read More)

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC sent letters to five crypto firms requesting them to stop making false claims about deposit insurance. (Read More)

Crypto.com Announces Suspension of Ethereum Transactions During POS Merge

The Cypto.com exchange stated that its services fully support the Ethereum merger, and announced that it will stop the deposit and withdrawal of ETH and all ERC20 tokens on the Ethereum mainnet during the week of the merger on September 15 next month...

Fed Rate Hike Unclear, Bitcoin Falls Below $21,000

The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June. (Read More)

Fan Token Issuing Startup Socios.com Receives Italian Regulatory License

The sports-based fan token market has surpassed $440 million since football fans' blockchain app Socios.com announced it has received regulatory approval from the Italian government, up 97% from the previous month. (Read More)

South Africa's Monetary Authority Ask Banks to Work with Crypto Exchanges

South Africa’s Central Bank has released new guidelines stating that banks in the country may act as a channel for funds tied to crypto asset service providers. (Read More)

Nigeria’s eNaira Records 200,000 Transactions Worth Over $10 Million Since October

Based on eNaira’s success, Nigeria government is taking efforts to boost the functional capacity of the Central Bank Digital Currency (CBDC). (Read More)

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%

Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June. (Read More)

Ripple Launches Crypto On-Demand Liquidity Service in Brazil

The Travelex Bank has partnered with Ripple to use the crypto on-demand liquidity service to offer a better customer experience to their customers. (Read More)

SuperLayer Raises $25M With Backing from Polygon

SuperLayer, a blockchain venture studio, has secured $25 million in funding with backing from its strategic partner, Polygon Network - a Layer-2 scaling solution. (Read More)

Chinese Mining Firm Canaan Inc Doubles Revenue Despite Bitcoin Ban

Canaan Inc, a Chinese cryptocurrency mining giant and computing resource provider, has reported a better than expected revenue, despite the ban on crypto mining and transaction activities in China. (Read More)

Robinhood to Pay Less Than Half of Initial Bid for Crypto Firm Ziglu

Nasdaq-listed financial services platform, Robinhood Markets Inc has lowered its bid for United Kingdom-based crypto fintech firm, Ziglu in light of the current realities in the digital currency ecosystem (Read More)

Opinion: What Is Driving the ‘Crypto Winter’?

Winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. What are the underlying reasons we find ourselves in this crypto winter? (Read More)

Tether Taps BDO Global for Attestation of Reserve

Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation...

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