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Imran

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

Posts by Imran

FTX Japan Likely to Resume Withdrawals This Month

The Japanese branch of the defunct cryptocurrency exchange FTX apparently has withdrawals scheduled. This is expected to start for impacted customers as early as the month of February. Bloomberg reported on February 17 that FTX Japan sent out messages. Requesting customers to verify their account balances before withdrawals could be

February 19, 2023 1 min read
Gaming Platform Roblox Introduces New Category of Digital Items

Yuga Labs To Replace BAKC NFT Collection Logo Over Copyright Claims

Bored Ape Kennel Club (BAKC) NFT collection’s logo seems to have been utilized without a license or the artist’s consent. An alert Twitter user saw the resemblance on Friday. The image’s maker, Easy Drawing Tutorial, and Yuga Labs co-founder Greg Solano later confirmed the similarity. When Yuga Labs announced the

February 19, 2023 2 mins read

Former NBA Star Paul Pierce Charged With $1.4M Fine by SEC Over Promotions

On Friday, the US Securities and Exchange Commission (SEC) charged ex-NBA star Paul Pierce with crypto breaches. The charges against him center on his promotion of EthereumMax (EMAX) coins on social media without providing the necessary context. The SEC said the ex-player made deceptive claims in a promotion for EMAX.

February 18, 2023 1 min read

Crypto Exchange Binance Launches Mastercard Debit Card in Brazil

Binance, the world’s biggest crypto trading platform, has released a Mastercard debit card in the country of Brazil. Binance now offers its customers a debit card that can be used at any location that accepts Mastercard to make purchases using their cryptocurrency holdings. In addition to the many places where

February 16, 2023 1 min read

Abu Dhabi Announces Launch of $2B Program Boosting Web3 Growth

Abu Dhabi’s digital ecosystem, Hub71, has unveiled a new venture named “Hub71+ Digital Assets.” This is with the financial backing of over US$2 billion. Among the Web3-based technologies that this initiative hopes to promote are blockchain technology and metaverse applications.  Web3 firms will have access to cutting-edge blockchain and virtual

February 16, 2023 1 min read

Circle Shoots Down Claim of Receiving SEC Notice Over USDC

Circle, the company that issued USD Coin, has refuted that it was served with a “Wells Notice” due to the stablecoin’s tie to the US dollar. On February 14, Fox Business reporter Eleanor Terrett tweeted that the U.S. Securities and Exchange Commission (SEC) had ordered Circle to stop selling USDC

February 15, 2023 1 min read

Interactive Brokers Now Offers Crypto Trading in Hong Kong

On Monday, crypto trading was made available in Hong Kong via Interactive Brokers, an automated worldwide electronic broker. Bitcoin (BTC) and Ethereum (ETH) trading are now available to professional investors on the Interactive Brokers platform, according to a press release. In order to be considered a Professional Investor in the

February 15, 2023 1 min read
Bitstamp Launches Crypto Lending Service in Europe, Hong Kong and UAE

Crypto Exchange Bitstamp Receives License to Operate in France

Bitstamp cryptocurrency exchange is now officially registered by the French Financial Markets Authority. This made it identical to competitors Binance and Crypto.com, both of which had previously won approval from the regulator. Bitstamp has been recognized by a number of European nations already. Bitstamp has been approved by France’s central

February 13, 2023 1 min read

Vitalik Buterin Contributes 149 ETH Toward Earthquake Hit Turkey

At this point, Vitalik Buterin, co-founder of Ethereum, has given at least two sizable donations. To aid those affected by the tragic earthquake in Turkey and Syria last week. On February 6, a 7.8-magnitude earthquake hit Turkey and Syria. One of the deadliest in decades, its death toll has reached

February 13, 2023 1 min read
Mercado Bitcoin Receives Payment Institution License in Brazil

Brazil’s Banco do Brasil Now Allows Tax Payments in Crypto

To make paying taxes easier, a prominent Brazilian bank is now accepting cryptocurrency payments. Banco do Brasil, a major Brazilian financial institution said in a press release on February 11 that it has partnered with Bitfy. The latter is a cryptocurrency exchange established in Brazil. The duo plan to make

February 12, 2023 1 min read