Elizabeth Warren, the US Senator, said that there are a number of crypto companies out there that scam their clients. She said that these companies make off with the money from investors who are left holding the bag. Therefore, the senator said that there was an urgent need to develop stronger rules for the crypto […]
Spanish crypto exchange 2gether took its customers by surprise when it decided to block their access to its platform. Now, another crypto exchange in Spain has decided to step in to rescue the customers of the other platform. 2gether had demanded that its clients pay a fee of €20 to continue using its platform and […]
A survey was recently conducted by KuCoin, which revealed that crypto penetration and adoption in Saudi Arabia had recorded a significant increase. According to the results of the survey, the country is now ranked as one of the largest crypto trading hubs in the world. Saudi Arabia’s crypto adoption There has been a tremendous increase […]
There are several states in the United States that are working on developing crypto regulation, as the popularity of the space continues to grow and so do the risks. The Department of Financial Protection and Innovation (DFPI) in California issued a warning to people to be cautious before they decide to make investments in crypto […]
One of the most renowned Brazilian payment companies, Picpay has announced that its app would now include crypto services as well. The company elaborated that the services would include direct processing of crypto payments and buying crypto as well. Picpay is following in the footsteps of companies like Mercado Libre and Nubank, which have also […]
On Monday, the Financial Stability Board (FSB) said that it would come up with a set of global crypto rules in October. This news came after the cryptocurrency market has seen a great deal of turmoil, which has highlighted the need for introducing regulations to oversee this ‘speculative’ and volatile sector. Recent turmoil prompts regulation […]
According to a new class-action lawsuit, the Howey test shows that Solana (SOL) is actually a security. The plaintiff claims that the circumstances and facts that relate to SOL indicate that it is a security in accordance with the Howey test and is not a cryptocurrency. New lawsuit On July 1st, a new lawsuit was […]
Crypto exchange Coinbase denied allegations of the company selling data of its customers to ICE in the United States. This is the Immigration and Customs Enforcement agency that falls under the jurisdiction of the Department of Homeland Security. No data was shared with ICE Rumors had been circulating the market on Thursday that Coinbase was […]
As part of an aggressive push for expanding outside the United States, Coinbase is looking for licenses in different countries in Europe. While the cryptocurrency exchange is already active in some regions, such as Ireland, the United Kingdom, and Germany, it is now planning on expanding its presence to some other regions, such as Italy, […]
The current turmoil in the cryptocurrency market has forced a number of companies in the space to shift their strategy and come up with new approaches that can help them pull through the downtrend. Crypto.com is also doing the same as it announced that they are making changes to their rewards program called Crypto Earn. […]
The trading price of Shiba Inu (SHIB) experienced a gigantic plunge that was triggered due to the recent bloodbath of cryptocurrency. SHIB Bleeds Badly As the cryptocurrency industry suffered a bloodbath, the trading price of Shiba Inu experienced an even worse situation. SHIB’s trading price reportedly suffered double-digit losses. Despite suffering huge losses, the analysts […]
The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]
In recent weeks, the borrowing and lending spaces within the cryptocurrency industry have come under the microscope of regulators. These spaces have undergone scrutiny in recent months and the reason behind the growing pressure is the sell-off observed in the crypto-verse. Now, the investors and users within the cryptocurrency industry want to know exactly how […]
Two cryptocurrency trading platforms in Canada are in trouble with the Ontario Securities Commission (OSC). A complete ban has been imposed on KuCoin, which means that it can no longer operate in the capital markets of Ontario. As far as Bybit is concerned, the platform has agreed to comply with the rules set forth by […]
In the past 30-days, the trading price of Avalanche (AVAX) has experienced a 45% dip. It is to be noted that in the same time period, the market valuation of the entire cryptocurrency industry has dipped by 29%. Despite facing a downtrend in the past 30-days, Avalanche hasn’t lost its reputation as one of the […]
A look at the trading price of Celsius (CEL) from June 19 until now shows that it has undergone a significant surge. It can be seen from the performance graph that the trading price of CEL has increased 4X times since June 19. Many analysts are predicting that the rise in the trading price of […]
The first five months of the year had seen the installation of Bitcoin ATMs go down, but Coin ATM Radar Report reveals that there has been a swift recovery in this number in June. The early months of 2022 saw the number of installations fall, as only 202 new Bitcoins ATMs were installed in the […]
On Monday, Asian markets tumbled, as most of the indexes in the region recorded sharp declines and the USD/JPY currency pair was holding at the 135 level. Major Markets Record Declines The Hang Seng index in Hong Kong fell by 3.39% to reach 21,067.58. There was a 7.98% fall in Alibaba’s shares, while Tencentplunged by […]
The US Department of Justice (DoJ) released a new report in which it has asked for international cooperation from the global community, so they can deal with the criminal element in the crypto space. According to the DoJ, it is also willing to assist other nations in developing the infrastructure required for combating the rising […]
On Tuesday, the finance ministry in Britain disclosed that they intend to become a global ‘crypto hub’. Therefore, in order to achieve this goal, they will start live testing of the blockchain technology that powers cryptocurrencies for conducting activities in the traditional markets from next year. This includes settlement of bonds and stocks and even […]
