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crypto
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CryptoCurrency
Crypto Exodus in the US? Robinhood and Jump Trading End Partnership
2023-08-30T08:42:47.537+02:00
Jump Trading is reportedly moving away from crypto trading in the US.
It was the first crypto market maker partner of Robinhood.
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CryptoCurrency
Canaan Breaks Record in Mining Revenue but Struggles to Turn a Profit
2023-08-29T12:38:36.432+02:00
The rise in Bitcoin mining revenue did not help the company to achieve profitability.
Other crypto miners also reported weaker results for Q2 2023.
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CryptoCurrency
Argo Blockchain Mines More but Earns Less in H1 2023: Reports $18.8M Net Loss
2023-08-29T10:31:41.380+02:00
Despite reducing debt and operational costs, Argo reports a net loss in H1 2023.
The company's revenue declined 31%, but it managed to increase its BTC mining 1%.
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CryptoCurrency
From Crypto Darling to Debacle in Two Weeks: Friend.tech's Revenue Drops by 70%
2023-08-28T14:41:08.447+02:00
Friend.tech allows you to invest in the social networks of friends and influencers.
After a dynamic increase in interest, there was also a dynamic decline.
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Retail FX
Why the Middle East Could Be Crypto's Next Goldmine
2023-08-28T13:45:27.683+02:00
Binance and others shift focus to UAE amid regulatory challenges in the US.
The region is positioning itself as a global cryptocurrency hub.
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CryptoCurrency
End of Cold Calling In the UK: FCA Considers a Complete Ban for Finance and Crypto
2023-08-24T11:23:05.440+02:00
Cold calling is one of the more common methods that fraudsters use in the UK.
The FCA and Treasury want to ban Fintech companies from using this form of marketing.
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CryptoCurrency
Dubai’s VARA Unleashes Crypto Staking through Custody Services
2023-08-24T10:20:52.397+02:00
VARA has updated its rulebook, allowing staking from custody services in Dubai.
The step boosts the Emirate's attractiveness as a new global crypto hub.
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CryptoCurrency
The Fall of Moshe Hogeg: Israeli Mogul Accused of $290 Million Crypto Fraud
2023-08-23T12:47:02.701+02:00
Hogeg collected hundreds of millions through four cryptocurrency projects.
However, the funds were used to finance illegal operations and his lavish lifestyle
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CryptoCurrency
Indian Crypto Tax Rules Cited as One of Three Reasons for CoinDCX’s Job Cut of 12%
2023-08-23T09:28:19.484+02:00
The other two are difficult macro conditions and low crypto asset prices.
The number of digital asset exchanges slashing employment is on the rise.
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CryptoCurrency
Payment Processor Woes Lead Binance to Limit European Transactions
2023-08-22T10:30:05.688+02:00
One user of the exchange said he could not withdraw his euros.
Binance first reports a 'temporary suspension', then later claims it was an error.
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CryptoCurrency
Dubai's Crypto Surge: Komainu Bags License after Binance's Entry
2023-08-22T09:53:17.797+02:00
Another crypto company secures an operational license from Dubai.
Emirate attracts business amid global regulatory uncertainty.
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CryptoCurrency
Coinbase Integrates AI for Enhanced Trading Automation
2023-08-21T14:25:48.800+02:00
By partnering with Coinrule, Binance customers will benefit from AI-powered automation.
The offer is aimed at Coinbase Advanced customers.
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CryptoCurrency
The New Digital Gold Rush: Cryptocurrency Miners Eye AI Horizons
2023-08-21T13:21:06.301+02:00
After making a loss in 2022, miners in 2023 are taking advantage of AI's growing potential.
JPMorgan suggests that HPC services could be more profitable than BTC mining ever was.
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CryptoCurrency
Exclusive: Israeli Court Accepts Transaction on Binance as Evidence in Fraud Case
2023-08-21T12:58:58.592+02:00
It is the first time an Israeli court admitted transaction data of a crypto exchange as evidence.
The defendants are facing charges under Israel's money laundering laws.
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Thought Leaders
Why Crypto is Going Offshore in 2023
2023-08-17T16:49:00.574+02:00
One of the biggest trends in the crypto industry is the boom of offshore operations.
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CryptoCurrency
There's a New Kid on the Crypto Block. But will PYUSD Make a Change?
2023-08-17T12:08:36.749+02:00
PayPal's stablecoin and crypto push indicate further mainstream validation of cryptocurrency.
PYUSD benefits from PayPal's reputation for stability, security, and regulatory compliance.
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Retail FX
Despite 38% Crypto Slump, Robinhood Boasts $69.2B in July’s Trading Volumes
2023-08-17T08:22:45.733+02:00
July report showed a significant drop in crypto activity.
However, the company has managed to increase its active customer base.
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CryptoCurrency
Patience Pays: Coinbase Receives Approval for Crypto Futures Trading in the US
2023-08-16T13:59:21.499+02:00
The exchange has secured regulatory approval to enable crypto futures trading.
This service will soon be available to institutional investors from the US.
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CryptoCurrency
SDX Leads the Charge in Adopting Crypto Digital Token Identifier Standard
2023-08-16T10:00:00.000+02:00
The exchange becomes the first in the industry to adopt the DTI standard fully.
ESMA promotes the use of DTI among European and international crypto companies.
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CryptoCurrency
Rise of the Crypto Underdogs: ‘Low Tier’ Exchanges Gain Market Share after Binance Falters
2023-08-16T09:49:56.281+02:00
Lawsuits against Binance reduced the exchange's market share in 2023.
This mainly benefited smaller platforms, not 'top tier' exchanges.
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CryptoCurrency
Dasset Crypto Exchange Crumbles: The Ripple Effects of Regulatory Pressure
2023-08-15T14:26:39.512+02:00
Customers have been unable to withdraw funds for months.
The CEO of the exchange explains that banks do not want to cooperate with crypto firms.
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CryptoCurrency
300 Crypto Firms Jostled; Only 13% Clear UK FCA's Registration Hurdle
2023-08-14T16:14:23.604+02:00
The British watchdog refused five applications and rejected 22.
FCA's rules on advertising digital assets will come into force on October 8, 2023.
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CryptoCurrency
Coinbase Expands to Canada: Unveils New Features in Partnership with Peoples Trust Company
2023-08-14T14:57:21.992+02:00
The exchange has introduced Interac e-Transfers for crypto transactions.
Coinbase highlighted the growing adoption of crypto in Canada.
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CryptoCurrency
From BitKeep to Bitget: Popular Crypto Wallet Rebrands, Launches Swap Offering
2023-08-10T12:00:00.000+02:00
Bitget Wallet emerges as the new face of BitKeep after its acquisition.
The rebrand introduces Bitget Swap, enhancing multi-chain trading capabilities.
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CryptoCurrency
From Boom to Bust: Bitstamp Dives from €37M Profit to €9M Loss in One Year
2023-08-10T11:19:08.020+02:00
The UK branch of the crypto exchange reported significant losses.
This confirms that 2022 was a challenging period for companies in the industry.
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