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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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Arnab Shome
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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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Solomon Oladipupo
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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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CryptoCurrency
Crypto Winter’s Chilling Aftermath: Galaxy Digital and Riot Blockchain Report Q2 Losses
2023-08-10T09:56:55.963+02:00
Both companies reported a net loss in the last quarter.
However, Riot increased its hash rate, and Galaxy boosted its AM revenue sixfold.
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CryptoCurrency
The Green Revolution: How Sustainable Cryptocurrencies are Shaping the Future
2023-08-09T16:51:40.194+02:00
Are the growing concerns justified?
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CryptoCurrency
Bybit Presents New Product: Crypto Meets Wealth Management
2023-08-09T14:40:56.881+02:00
The cryptocurrency company is expanding its services to include wealth management.
This is an interesting diversification at a time of declining crypto market activity.
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CryptoCurrency
Bitstamp Hunts for Funds: Crypto Exchange Plans Derivatives Trading Launch in Europe
2023-08-08T13:51:01.880+02:00
Bitstamp wants to regain its status as one of the leading crypto exchanges.
Ten years ago, it was the second most important platform.
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CryptoCurrency
Hong Kong Raises Alarm on Crypto Platforms Just Two Months after Easing Regulations
2023-08-07T12:39:17.385+02:00
The SFC warns about unlicensed crypto trading providers engaging in misleading practices.
Investors are urged to avoid trading via unregulated platforms.
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CryptoCurrency
Huobi's $500 Million Nightmare: From a Rumor to Alleged Insolvency
2023-08-07T09:09:07.567+02:00
The platform is reportedly facing problems in China.
Analysts also claim that it has become insolvent.
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