Piyush Gupta, the Chief Executive Officer of DBS Bank Limited, a multinational bank headquartered in Singapore, announced on Friday that the global bank will not provide cryptocurrency trading for ret...
Category: Crypto
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Bitcoin Millionaire Addresses Rise Steadily in Past 2 Months as Ukraine-Russia Feud Continues – crypto.news
According to data tracker Santiment Feed, Bitcoin millionaire addresses have been rising amid the ongoing war in the past two months. The rise is majorly attributed to Bitcoin’s resilient nature. Bit...
Voyager the latest crypto lending platform to suffer lawsuit
US-based Voyager Digital is preparing to face litigation over its crypto yield product. The lawsuit is regarding allegations that Voyager Digital has been selling unregistered securities in its Earn p...
Web3 Vs. Crypto: Ex-Google CEO Eric Schmidt Bets Big On Web3 Than Crypto
Eric Schmidt, the former chief executive of Google, recently shared his thoughts on cryptocurrency and Web3. Schmidt states that he has invested “a little bit” of money in cryptocurrencies, but does n...
The Need To Know Strategies of Crypto Trading
Crypto has been a very crucial topic. Everyone wants to get involved in it. But only a few can succeed. As the trading involves many levels of risks and hazards in it. One needs to have a grip on the ...
Robinhood’s Crypto Revenue Rises in Q1 Despite Overall Downturn
In brief Robinhood reported net revenues of $299 million for Q1 2022, including $54 million for its crypto business. The firm announced on Tuesday that it would lay off 9% of its employees due to slow...
Gibraltar introduces regulation fighting crypto market manipulation
Gibraltar, one of the largest cryptocurrency hubs globally, has announced its plan to fight against manipulating the cryptocurrency market. The country has introduced a new set of rules that will ensu...
OpenSea Adds Apecoin Payments- And Apecoin Becomes 22nd Biggest Crypto Beating Tron and Link
– Advertisement – OpenSea now Supports Apecoin payments and Apecoin is now the 22nd-ranked cryptocurrency, according to Coinmarketcap data. Leading NFT marketplace, OpenSea, has confir...
New York Mayor Pushes State to Drop “Stifling” BitLicense Program – crypto.news
Even though New York City is often considered the financial capital of the world, the city has maintained restrictions that make it extremely difficult for cryptocurrency businesses, particularly smal...
Telegram Users Can Now Send Crypto via the Messaging App
The Open Network (TON), a decentralized blockchain initially designed by Telegram, announced this week it is adding a bot that lets Telegram’s more than 550 million users send cryptocurrency to other ...
Panama approves bill to commercialize and use crypto assets
The Panamanian Legislative Assembly has approved a bill to regulate the commercialization and use of cryptocurrency assets. If this bill is signed by the president, Panama citizens will be able to use...
Everything About Swapin Accounting Crypto Processing Solutions
The name Swapin has become synonymous with speedy and straightforward crypto-to-fiat payment solutions designed for businesses and individuals. After a rebranding from the name Pixxpay, Swapin is read...
Binance blocks crypto accounts of relatives tied to the Russian government
The Binance cryptocurrency exchange is adopting more measures to prevent the Russian government from mitigating the impact of sanctions through the use of crypto. Binance has shut down several account...
How Will Crypto-Market React To the Next FOMC Meeting Held On May 3rd & 4th?
The global market revolves around the events like interest rate decisions, monetary policy statements, and press conferences that are associated with the Federal Open Market Committee (FOMC). These ev...
FTX Crypto Platform And F1 Ethereum NFTs Paired With A Real Formula 1 Car
Formula One’s Miami Grand Prix featuring F1 Ethereum NFTs is happening next weekend. FTX, in partnership with F1 Team Mercedes, is set to release a powerhouse of NFTs available in premium action and f...
Germany Gets Friendlier For Crypto, Eases Staking And Lending Laws
Germany has taken another step towards becoming a crypto-friendly country. The German Parliament in a roundtable on crypto taxation has decided to not extend the time period to 10-year for tax-free se...
Indian Government To Clarify the 1% TDS on Crypto Transactions Law – crypto.news
According to a recent report, the Indian government plans to provide procedural clarities on the tax rules they released just a few weeks ago. After one of the tax provisions, the tax-deductible at th...
Bitrefill to Launch Service Letting US Users Pay Bills With Crypto
Swedish startup Bitrefill, best known for its marketplace letting users spend their crypto on gift cards and mobile top-ups, today announced that its Pay Bill service is now available to users in the ...
First non-crypto company issues ‘pre-IPO’ equity tokens on European Digital Assets Exchange
HCS Pharma became the first non-crypto company to offer “pre-IPO” tokens to investors on Thursday as the company launched a security sale on the European Digital Assets Exchange (EDSX). Th...
Stringent Rules Could Turn Singapore Into a Global Crypto Hub, the MAS Says
Ravi Menon – the head of the Monetary Authority of Singapore (the country’s central bank) – said the nation’s crypto regulations will include a “stringent” licensing process. He believes strict rules ...
Bybit Cryptocurrency Exchange Opens Shop in Bitcoin-Friendly Brazil – crypto.news
Bybit cryptocurrency has announced its expansion into crypto-friendly Brazil, and its dedicated team is now on the ground to offer residents secure crypto trading and earning services. Brazilians will...
EU and UK represent a unique challenge for crypto adoption: Report
A new crypto study has found that major obstacles await crypto adoption across the world. Bitstamp, a global cryptocurrency exchange, carried out the survey of over 23000 retail and 5000 institutional...
RobinHood’s Crypto Revenue Slumps 39%, Cautious Traders To Blame?
Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at...
Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia
Australian Senator Andrew Bragg has met with United States Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-f...
Hack The Department of Homeland Security Major Success, Illustrates Way Forward for Crypto
HodlX Guest Post Submit Your Post The Department of Homeland Security announced that their Hack DHS program resulted in fixing more than 120 security vulnerabilities – 27 of them being rated as cri...
US DOJ Charges Block Bits Founder for $1M Crypto Investment Fraud
The United States Department of Justice (DOJ) has indicted 44-year-old Japheth Dillman, the founder of Block Bits Fund, for misleading investors into committing a total of $960,000 to a false arbitrag...
Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto
Goldman Sachs has offered its first Bitcoin- (BTC)-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall Street. A spokeswoman from Goldman told Bloomberg that the mu...
Ethereum Whales Abandon Ship As Weekend Arrives in Apparent Move to Avoid Crypto Calamity
New on-chain data shows the world’s largest Ethereum (ETH) holders are significantly reducing their exposure to the volatile crypto markets as the weekend arrives. According to WhaleStats, the top 100...
EU traditional banking interest in crypto is going mainstream
Swiss crypto company Taurus is providing infrastructure and custodial services for the French bank Banque Delubac & Cie. The bank has recently been granted the status of Digital Asset Service Prov...