A New Zealand-based crypto exchange Dasset has gone into liquidation. Clients are reportedly unable to reach their accounts. The company’s CEO, Stephen Macaskill, said Dasset applied for voluntary liq...
Category: Crypto
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Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
According to decenter, Bithumb Korea, the company behind the virtual asset exchange Bithumb, has reported a significant operational loss in the second quarter of 2023. According to the electronic disc...
Bitcoin and Crypto Loss Transactions Point At Market Bottom
The world’s largest cryptocurrency Bitcoin (BTC) has entered a phase of strong consolidation hovering around $29,000. Investors are seeing no price action with volatility hitting multi-year lows along...
Crypto-Assets Present Novel and Complex Risks: FDIC 2023 Risk Review
Crypto-asset sector’s volatility in 2022 exposes vulnerabilities. FDIC’s 2023 Risk Review highlights novel and complex risks in crypto-assets. Risks include fraud, legal issues, operational vulnerabil...
Stand With Crypto Ranks Lawmakers on Their Stances
Not all legislators are created equal when it comes to the issue of crypto and blockchain. Now a new campaign, Stand With Crypto, has made it easier to see which elected representatives in America are...
The effect of Litecoin Halving & its adoption in crypto industry
Litecoin Halving has been one of the most game-changing events in the crypto sports betting industry. Litecoin Halving occurs approximately every 4 years or 840,000 blocks. Halving is a process of red...
PayPal Will Pause Crypto Purchases In UK From October 1 Under New Rules
Key points: PayPal pauses cryptocurrency sales as it operates due to compliance with new FCA rules. The sale of cryptocurrencies on its platform is likely to resume as early as 2024, with purchases an...
Binance Shuts Crypto Payments Within One Year of Launch
Exchange News Binance prioritizes core products and discontinues the “Binance Connect” crypto payments service. Binance Connect enabled merchants to accept 50+ cryptocurrencies for payments. Binance, ...
Binance Shuts Down Fiat-to-Crypto Platform, Binance Connect
Binance is reportedly shutting down its regulated fiat-to-crypto platform, Binance Connect. The platform will reportedly shut down today, 16 August. Binance’s regulated buy-and-sell crypto arm, Binanc...
BONE up +4.59%, BTC -0.88%, FLEX Coin is The Coin of The Day – Daily Market Update for Aug 16, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.18T to $ 1.17T in the past 24 hours, representing a -1.04% change The Bitcoin price at press time is $ 29,110 after falling by -0...
Crypto Analyst Foresees Pepe (PEPE) Surge Amid Memecoin Momentum
Amid the recent uptrend in memecoins, crypto analyst Michaël van de Poppe is eyeing a potential breakout surge for the lesser-known challenger, Pepe (PEPE). With the surge of memecoins like Dogecoin (...
A pro-crypto president will catalyze innovation, supporting projects like Borroe
The upcoming presidential elections in the US will likely influence the crypto landscape. The viewpoints of candidates regarding the industry could, looking at what’s been mentioned, play a role in sh...
Zepeto, Jump Crypto Joint Venture ZTX Raises $13M for Metaverse Platform on Arbitrum
Prominent South Korean metaverse platform Zepeto is expanding into the blockchain space with its ZTX (ZepetoX) initiative, created in partnership with Jump Crypto—and today, ZTX announced a $13 millio...
Man Behind Zcash, a Privacy Intent Crypto
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
Yet Another Crypto Scam Uses Fake Martin Lewis Endorsement
With a pitch that seemed to have the endorsement of Martin Lewis, a renowned personal finance expert, scammers managed to pilfer £40,000 ($50,900) from a woman in Somerset, England. Lisa, as the Expre...
PayPal to pause UK crypto purchases starting in October
PayPal stated in an email to select users on Aug. 14 that it will temporarily pause crypto buying services in the U.K. in the coming months. That message states that the service will be paused startin...
Helium Mobile Debuts Crypto Wireless Network in Miami—For $5 a Month
Helium Mobile, the hybrid wireless carrier that combines service from the decentralized, crypto-powered Helium 5G network and T-Mobile’s nationwide 5G network, has opened up to the public in Miami, Fl...
FDIC: Crypto crashes and climate chaos imperil banking
As markets and Mother Nature unleash havoc, the Federal Deposit Insurance Corporation (FDIC) has cast a sharp spotlight on an alarming duo threatening the heart of American banking: the tumultuous wor...
Fintech in the Front, DeFi in the Back—Crypto’s Quiet Revolution Is Underway
PayPal’s stablecoin rollout highlights a revived trend in the crypto industry. It’s one that captured Wall Street’s imagination since 2016, promising speedy settlement times and lower backroom overhea...
Crypto Controversy: Republican Lawmakers Grill Gensler Over Prometheum’s SEC Blessing
In a recent development, Republican lawmakers on the U.S. congressional committee responsible for overseeing the Securities and Exchange Commission (SEC) have intensified their scrutiny of the agency’...
Prime Trust bankruptcy spotted by crypto community months ahead
Crypto custodian Prime Trust filed for Chapter 11 bankruptcy in the United States state of Delaware on Aug. 14 after reporting shortfalls in customer funds. Prime Trust said it’s working with 25,000 t...
Cardano, Polygon & Borroe: Who Leads the Next Crypto Renaissance?
Navigating the dynamic world of cryptocurrencies, three standout players are capturing the spotlight: Cardano (ADA), Polygon (MATIC), and Borroe ($ROE). These projects are pushing the boundaries of wh...
Supreme court doctrine: Crypto industry claims it halts SEC
Last month’s ruling regarding the crypto industry’s relationship with the U.S. Securities and Exchange Commission (SEC) has ruffled more than a few feathers. Crypto giants and their supporters are now...
PayPal to halt crypto sales in U.K. from October 1st
PayPal to pause crypto sales as it works to comply with new FCA rules. Crypto sales on its platform will likely be resumed in early 2024. PayPal is slated to launch its own stablecoin in the coming we...
SEC-Grayscale Decision Expected This Week, Crypto May Gain Bigger Momentum: John Deaton
Yuri Molchan Court decision regarding Grayscale lawsuit against SEC largely expected to be announced, John Deaton bets SEC will lose Contents Deaton expects Grayscale to beat SEC SEC partly loses Ripp...
Crypto Powerhouse Binance Connect Pulls The Plug: Closes Doors On August 16
Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, is set to shut down on August 16. This announcement comes after the decentralized exchange Biswap tweeted on the same day, ...
Meme Coin Base DEX RocketSwap Hit by $866K Exploit
RocketSwap, the second-largest decentralized exchange by trading volume on Base, was hacked for around $866,500 due to a private key compromise from their online servers. The DEX led Base’s meme coin ...
Here’s When Altcoins Will Be Popping Left and Right With a Vengeance, According to Crypto Analyst
A crypto strategist is outlining when he thinks a deluge of fresh capital will find its way into the broader altcoin markets. Pseudonymous analyst Credible Crypto tells his 345,100 X followers that he...
A Comprehensive Analysis Of Crypto Industry
Key Points: The airdrop industry has changed, becoming more complex and requiring extensive research and analysis. Project X terminated 7,000 clusters, each with 30,000 unique wallet addresses, making...
Binance’s crypto domination opportunity slips away
Binance, once heralded as the crown jewel of the cryptocurrency world, finds its supremacy shaken. The swift rise and subsequent challenges faced by the company provide a panoramic view into the volat...
Crypto Exchange Dasset Announces Liquidation; Locks Customer Funds
Exchange News Dasset has been unable to secure a new financial supplier since January. The CEO announced voluntary liquidation and the appointment of a liquidator. Customers of the cryptocurrency exch...
New Zealand crypto exchange Dasset enters liquidation
Customers of Auckland, New Zealand-headquartered crypto exchange Dasset have been denied access to their funds, and the company’s representative has revealed the beginning of its liquidation. On Aug....