Wynn-Exchange Exchange – Finally An Easy Way To Buy And Sell Cryptocurrencies

Wynn-Exchange Review The world is finally realizing that cryptocurrencies are not fads. There was a time just a few years ago when people were still skeptical about trading cryptocurrencies. Just like any new trend, they thought they were also a trend that was going to go away soon. However, that’s not the case and people […]

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Weekly Analysis Top Movers In Crypto Industry, Bitcoin Trades Above $17K

Mixed Sentiment in Crypto Market The Crypto market is usually led by the market creator, Bitcoin. If Bitcoin’s value drops then subsequently values of all cryptocurrencies fall. However, this does not happen all the time as exceptions are also quite frequent. Similar exceptions were noticed at the end of last week, although the sentiment in […]

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Rivalry Unfolds Between Ethereum Merge Hard Forks’ Proof-of-Work Projects

The Ethereum transition to ETHPoS saw the blockchain do away with miners. However, the future of the miners that chose to maintain Proof-of-Work has several uncertainties. Led by Chinese miner Chandler Guo, they created a post-merge ETHPOW and ETHW. The hard fork had a rocky start, but it’s now running. At the time of writing, […]

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Ethereum’s Co-Founder Calls For Alternative Stablecoin Technology

As the clamor for increased stability in the crypto market continues to gain traction, Vitalik Buterin has added his opinion to the call.  According to the Ethereum co-founder, the industry would do well creating other dollar-pegged stablecoins to provide more stability to the digital asset ecosystem. Buterin responded to Coinbase’s Brian Armstrong, who requested to […]

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Massive Rug Pull Threatens GameFi Project As DeFi Protocol Faces Hack

The rate at which hackers target the decentralized ecosystem is rising daily. After a recent rug pull, the market value of a famous play-to-earn blockchain platform, the GameFi initiative, dropped by 99%. Similarly, another DeFi network lost millions to the recent attack on its platform. Moreover, the blockchain security and analytic firm PeckShield Alert posted […]

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Binance Suspends Corporate Account’s $1 Million Amid Law Enforcement Demand

Following a request from law enforcement, the largest global crypto exchange by transaction volume, Binance, is blocking a company account with more than $1 million in virtual assets. According to an announcement from Binance, it has suspended the account of a Tezos (XTZ) services provider that included $1 million in digital currencies.  Moreover, the tool […]

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Singapore-based MEXC Exchange To Reward SHIB Holders With 5,555 BONE

According to Shiba Inu’s official Twitter account, the Singapore-based MEXC exchange is set to reward eligible users in an upcoming event.  The promotional event is jointly hosted by the exchange in partnership with Bone ShibaSwap (BONE), which has set the prize at 5,555 BONE, which is up for grabs in the “Sign Up, Deposit and […]

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Kazakhstan’s AFSA Gives Binance Exchange Approval To Operate

In 2022, Kazakhstan’s law enforcement toward the crypto sector took a huge turn. The former haven for crypto miners became a nightmare as the country imposed heavy sanctions on crypto miners. However, the latest report reveals that the country has given Binance approval to operate in the region. Binance announced that it had received in-principle […]

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Brazilian Brokerage Firm Plans To Launch Crypto Services In 2023

The rapid acceleration of crypto-based services has coincided with traditional institutions’ joining the digital asset movement. The Brazil-based brokerage firm Rico, a subsidiary of XP Inc., announced its plans to venture into the crypto market soon. Accordingly, the XP division is looking to expand its operations by moving to the banking sector. In addition, it […]

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Ethereum Reverses Price Slump To Regain $1,700 As Merge Inches Closer

After a brief price decline, the king of altcoins has recovered to recapture its lost price level. Following a drop in price on August 19, Ethereum has rallied again to return to the previous $1,700 value as activities on the network stabilize. Meanwhile, the number of active ETH wallets is increasing as the community anticipates […]

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Canada’s OSC Warns Citizens About Unlicensed Crypto Firms

Canada’s OSC (Ontario Securities Commission) has released a statement warning citizens about crypto exchanges. According to the report, the securities commission noted that some crypto exchanges in the country were unlicensed to offer securities. Among the companies are three KuCoin-related firms. Meanwhile, the latest warning from the OSC is part of its drive and mission […]

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Bitcoin And Ethereum’s Futures Return To Dominate The Spot Markets

A recent analysis of the spot markets shows that Ethereum and Bitcoin futures volumes are up again. Spot trading allows traders to buy and sell instantly delivered tokens to consumers.  On the other hand, spot volumes are the number of digital currencies transferred on the on-chain platform. Spot Volume only indicates the successful transfers, not […]

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Ripple Teams Up With Travelex To Unveil An Enterprise Crypto Payment Solution

The United States-based crypto firm Ripple has partnered with the foreign exchange platform, Travelex, to facilitate cross-border payments between enterprises. Accordingly, the new development would see Travelex utilize Ripple’s XRP token to process transactions in Brazil.  Meanwhile, Travelex will use RippleNet’s On-demand Liquidity (ODL) to facilitate payments between entities using XRP. The Brazilian Central Bank […]

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Valour Seeks To Provide Crypto ETPs To German Banks

A crypto exchange-traded product (ETP) provider, Valour, has announced that it would issue crypto products to German banks. Accordingly, the two large German banks, Comdirect and Onvista, will provide their retail clients with crypto products. The crypto asset management company has partnered with German banks to allow their customers to integrate the Valour ETP as […]

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ECB Picks CBDCs Over Bitcoin For Cross-border Payments

Since the advent of digital currencies, various institutions have been exploring their potential. Various institutions, including central banks, have supported using these nascent technologies for payment. This is due to the ease of usage, speed, and financial inclusion it offers even to unbanked citizens. Meanwhile, central banks and other financial institutions are exploring the usage […]

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Binance Recovers Over 80% Of Funds Stolen From Curve Finance 

According to reports, Binance, a famous cryptocurrency exchange, has recovered a large chunk of the assets stolen in the latest Curve Finance breach. About $450,000 have been frozen and reclaimed by the firm. Changpeng Zhao, the CEO of Binance, confirmed the news on his Twitter account. This means that approximately 80% of the plundered funds […]

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Dubai’s Crypto Regulator Grants FTX Subsidiary MVP License

On July 29th, FZE, the sister company of crypto platform FTX, received the first MVP (Minimal Viable Product) license to operate in Dubai. This would give FZE permission to operate fully in the country. FZE Receives MVP License To Operate Fully  The MVP license was issued by the country’s regulator, the VARA (Virtual Asset Regulatory […]

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FTX.US Launches Stock Trading Option For Americans

Crypto exchange platform FTX.US has added numerous stocks to its platform. This aims to expand its services to include mainstream assets apart from virtual currencies.  Meanwhile, FTX has been in the news lately, rescuing falling crypto firms. The platform even offered to help Voyager Digitals with withdrawals.  FTX.US Now Offers Stock Trading For US Users […]

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Japanese Bank SMBC Plans To Expand Into Web3 And NFT Market

The SMBC (Sumitomo Mitsui Banking Corporation) ‘s second largest bank in Japan, has revealed plans to expand in the digital asset sector. As per reports, the bank will devolve into the world of Web3 and NFTs.  Additionally, the bank will collaborate with the Hashport group. This group offers listing and tokenization services in Japan.  With […]

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FTX Offers Joint Plan For Voyager To Resume Withdrawals 

Bankrupt cryptocurrency platform Voyager Digital is working on resuming withdrawals on its platform. According to the firm, it has sent permission to the court to allow users to withdraw their balance. Meanwhile, FTX exchange has offered to help the platform with the withdrawal process. FTX offers to allow the customers of Voyager to withdraw using […]

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