Five States Shut Down Metaverse Casino

On Wednesday, orders were issued to five different metaverse casinos, instructing them to stop the sales of NFTs. Five US regulatory authorities acted fast to close a metaverse casino suspected of having relations with Russia and forced the casino to cease selling NFTs. Five jurisdictions throughout the country collaborated to simultaneously fulfill the orders. State […]

Largest Brazilian Bank Buys BTC Amid Crypto Crisis And Adds Trading Option To App

Nubank Invests In Bitcoin According to a statement released by the firm on Wednesday, Nubank, which is the biggest online bank in Brazil, is now enabling users to purchase, trade, and keep BTC through its phone app. Additionally, the financial technology business will invest 1% of its shares in BTC through its mother company, Nu […]

Cake DeFi Prospers in Troubling Periods

With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]

Binance Pursues Legal Action Against Fraudulent Billboard Advertisements in Turkey

Fraudulent individuals are making use of the attention digital currencies are receiving in Turkey. These individuals have devised a way to make use of the largest crypto company to its advantage.  How The Scam Works  The scammers have placed multiple billboards displaying Binance-related ads, hoping to gain from the recent popularity the business has achieved […]

Binance Faces Fresh Hurdles in Their Expansion to Spain

Binance’s expansion plans have met new challenges after Spain’s regulators asked the exchange to reduce its derivatives offerings. On Friday, the National Securities Market Commission told the globe’s largest trading platform to limit its derivatives services in the nation. Derivative trading is the speculation of the potential value of an underlying asset through the selling […]

Bitmex Founders Ordered to Pay $30M For Illegally Operating a Crypto Derivative Trading Platform and Anti-Money Laundering Violations

The founders of Bitmex were fined $30M for unlawfully running a BTC derivatives trading platform and anti-money laundering offenses, according to the court. Arthur Hayes, Samuel Reed, and Benjamin Delo all have to pay $10M. The Founders of Bitmex Have Been Fined $30M For running an unlawful bitcoin derivative trading platform and anti-money laundering offenses, […]