Category : Cryptocoins News

Cryptocoins News

OKX to Halt Services in Canada Due to New Regulations

Cryptocurrency exchange OKX has notified its Canadian users that it will no longer provide services or allow new account openings in Canada, starting on March 24, 2023, due to new regulations. Existing Canadian customers must close open positions in...

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX...

Holding Bitcoin: A profitable affair 88.5% of days

Bitcoin’s historical price performance confirms that a hard limit on total supply and seamless global usability is critical to becoming a store of value. Of the 4,593...

History of money: From fiat to crypto, explained

Money’s history is extensive, yet modern currencies are primarily supported by the state’s management of the economy and inflation through fiat currency. What is the f...

Coinbase submits petition to SEC explaining that staking is not securities

The company continues its fight against the SEC’s position on crypto staking. United States-based crypto exchange Coinbase decided to communicate proactively on crypt...

Arbitrum token finds its way to OTC market before airdrop

Following the Arbitrum airdrop announcement, crypto users eligible for it are already selling them in OTC markets. The Arbitrum community is speculating and selling of...

SpankPay crypto payment service shutters, citing 'hostile banking environment

SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum-based adult...

US exploring ways to guarantee the country's 18T of bank deposits: Report

The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount. U.S. officials are reportedly study...

Core Scientific to transfer $20M of equipment to settle bankruptcy dispute

Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute. A $20 million set...

Crypto.com customer accused of $7M spending spree granted bail

The judge said that imprisonment wasn’t necessary because Jatinder Singh couldn’t flee Australia without his Indian passport. The Crypto.com customer who was accident...

DefiLlama resolves internal strife, sends LLAMA token plans alpaca'n

After resolving the issue internally, the forked variant of its analytics platform now redirects to the official website. Decentralized finance analytics platform De...

Euler Finance to enter talks with exploiter over the return of funds

The flash loan exploiter claims they have “no intention of keeping what is not ours” and wants to “come to an agreement” with Euler Finance. Ethereum-based lending pro...

Mastercard to settle transactions for stablecoin wallet in APAC

Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted. Global payment...

Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform

The new NFT Private Offering platform will enable users to mint nonfungible tokens and soulbound tokens while maintaining the privacy of their crypto assets. Zero-kno...

IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected. A central bank digital currency can im...

Polygon and Immutable partner to accelerate Web3 game development

Polygon Labs and Immutable are eyeing faster and seamless onboarding of Web3 game developers and users. The launch of a zkEVM powered platform for studios and developers is expected in a few months’ time. Immutable zkEVM will see users benefit...

Coinbase pauses support for Signature Bank's Signet: Report

The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature. More than a week after...

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. A week after th...

Bank collapses are spurring interest in self-custody startups

The implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper. The collapses of Signature Bank and Silicon Valley...

Bitcoin is only 90 days away from hitting $1.0 million: Pro

Former Coinbase CTO says Bitcoin will hit $1.0 million by June 17th. Custodia Bank founder dubs BTC an insurance policy; a scarce asset. Bitcoin is currently trading well above its 200-day Moving Average. Bitcoin will take hardly three months to sh...

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