Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk a...
Tag: news
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The ce...
3 Food Stocks to Own in a Recession
Investors tend to flock to areas of safety leading up to, and during periods of recession. This is because when a recession strikes, more cyclical and companies with riskier earnings streams offer poo...
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e – Exchanges Bitcoin News
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the fir...
Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event – Bitcoin News
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hy...
Chiliz: Is CHZ a “buy the rumor, sell the news” token after all?
CHZ’s bear run has been met with disappointment The chance of CHZ retracing its direction to the greens was minimal and could last for a while Several investors tipped Chiliz [CHZ] to put up an excel...
Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding – Bitcoin News
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from inve...
Two Uzbek “crypto stores” get their first crypto licenses.
Uzbek officials have begun awarding regulatory permissions to local crypto service providers as the country prepares to implement a new cryptocurrency framework in 2023. This adoption is expected to t...
CoinEx Witnesses the Big Moments as the Exclusive Cryptocurrency Trading Platform Partner – Press release Bitcoin News
press release PRESS RELEASE. According to the official news, the Rugby League World Cup 2021 (RLWC 2021) drew to a successful close on November 19, 2022. Over the last month or so, this peak event pre...
CoinList addresses withdrawal “FUD” with technical delays
After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address ...
Solana Ecosystem Faces Another Blow With Latest Binance News
Solana Latest News: In yet another setback for the Solana ecosystem, the trading pairs of a project partnered by FTX, Alameda Research, and Solana have been stopped by Binance. The move comes in the w...
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon – Bitcoin News
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the sna...
XRP Climbs to 3-Week High, DOGE Nearly 10% Higher – Market Updates Bitcoin News
Xrp rallied to a three-week high on Friday, breaking out of a long-term resistance level in the process. The token rose to its highest level since early November, as prices surged for a fifth straight...
The news on Bitcoin taxation in Italy
They finally did: news on the taxation of Bitcoin, a number of specific tax provisions on cryptocurrencies were included in the draft budget bill approved in recent days by the Italian Council of Mini...
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses – Privacy Bitcoin News
Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collec...
Crypto news: winklevoss twins on Gemini
News: after the storm that hit their crypto exchange Gemini Earn, the Winklevoss twins are trying hard to find a solution to redeem their funds for investors. After the collapse of FTX and 3AC, which ...
Ethereum developers chose eight updates for Shanghai
The Ethereum Foundation made the announcement on November 24 that the developers working on the platform had reached a consensus on eight Ethereum Improvement Proposals (EIP) to investigate as part of...
BTC, ETH Move Lower on Black Friday – Market Updates Bitcoin News
Bitcoin was marginally lower on Nov. 25, as markets returned to action following the U.S. Thanksgiving holiday. Overall, cryptocurrency markets were mostly in consolidation in today’s session, with th...
As crypto grows across Africa, IMF asks for greater regulation
According to a blog post published by a worldwide organization on November 22nd, the International Monetary Fund (IMF) is advocating for more regulation of crypto exchanges in Africa, which is one of ...
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown – Finance Bitcoin News
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s effo...
BIS analysis reveals unequal CBDC uptake in Africa
According to a report that was published on November 24 by the Bank of International Settlements (BIS), many of the central bankers on the African continent have greater faith in CBDC than mobile mone...
Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps – Press release Bitcoin News
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has joined the Chainlink BUILD prog...
Cardano stablecoin shutters following launch delays
On November 24, Ardana, a renowned decentralized finance (DeFi) and stablecoin ecosystem that was built on Cardano (ADA), abruptly halted development. They justified their choice by saying that there ...
South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70% – Exchanges Bitcoin News
The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to ...
Starling Bank prohibits crypto purchases and deposits citing danger
The digital bank Starling, which is situated in the United Kingdom, is the most recent financial institution to prohibit its cardholders from engaging in any transactions or activities linked to crypt...
Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital – Exchanges Bitcoin News
Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to...
Singapore police allegedly investigate Hodlnaut
It has been claimed that the authorities in Singapore are looking into allegations of cheating and fraud involving the cryptocurrency lender Hodlnaut. There were multiple complaints lodged against the...
Fumiya ‘the Most Famous Japanese in the Philippines’ Becomes PROJECT XENO Ambassador – Press release Bitcoin News
press release PRESS RELEASE. Project Xeno is pleased to announce that Fumiya, a social media creator with over 6 million followers on SNS, has been appointed as the Southeast Asia ambassador for “PROJ...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement s...