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Popular Singapore-based crypto trading platform Crypto.com has obtained an in-essence compliance from the financial regulatory authority of the Republic of Singapore for its main payment institution permit. The permit will allow the platform the legal freedom to render a series of payment services in the region. On June 22nd,
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The institution is seeking to scrutinize technical remedies and outlets for its virtual currency. The 2.9 million residents of the Qatar region as estimated by Worldometer are joining other nations as they test the federal bank virtual currency concept. Qatar Federal Reserve bank is presently “in the foundation stage”
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The trading platform envisions the removal of fees attached to more tokens in the later years. A recent report has revealed Binance.US 'updated decision to operate a cost-free trade of bitcoin on its platform as it strives to gain more customers. According to the firm's CEO,
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Blockchain data platform, Chainalysis has introduced a new response line. The aim is to offer assistance to institutions that have been faced with any form of crypto electronic invasion or malicious software invasion. The newly introduced response line is set to operate round the clock and targets will be allowed
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With the current inflation rate and depreciation of the Naira against the US dollar, Nigerians form part of the majority of those steering the wheels for cryptocurrency adoption globally. According to a report by Kucoin, a cryptocurrency exchange, about 33.4 million Nigerians trade or own virtual currencies including Bitcoin,
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Amid the harshness of the market, leading to intense struggle amongst crypto platforms, BlockFi aims to conserve users’ balance with the loan. Crypto trading firm BlockFi published a tweet through its CEO Zac Prince, revealing its newly acquired “revolving” loan facility of $250 million from FTX. The news which was
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Users of various websites have encountered the “500 Internal Server Error” while being unable to visit these websites as a result of Cloudflare downtime. Cloudflare, an important web performance infrastructure, was recently confronted with an extensive challenge that led to a time-out for many digital currency exchanges. The content distribution
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Bitpanda, an Australian-based crypto trading platform with an estimated value of $1.4 billion as of the previous summer has been licensed as a digital currency service provider in the Spanish region. According to a statement on Tuesday, the company was listed on the website of the bank of Spain
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About a week after crypto protocol Celsius Network halted withdrawal activities, it has notified its community about the persistent rise in false social accounts alleging to be an associate of the firm. In a recent blog post, the company highlighted that the community should be more receptive as most of
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One of Australia's crypto exchanges, BTC Markets has become the first firm in the nation to acquire an economic service permit. The permit issuance was made known in the early hours of Tuesday through a tweet from BTC Markets stating, “We have an exciting announcement to make: BTC
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According to news from world-leading financial service provider Babel Finance, negotiations have been concluded with shareholders on the settlement of debts that caused the protocol to put a hold on large sums of withdrawals in the previous week. The lensing firm had previously made moves on Friday to set a
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Samuel Bankman Fried (SBF) has refuted claims that Alameda contributed to the unstable condition of Celsius, citing that it was all mistaken. “We want to help those we can in the ecosystem, and have no interest in hurting them,” he says. FTX and Alameda’s SBF have publicly noted its