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Nantha kumar

A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.

Posts by Nantha kumar

Self-Custody Wallets are Not Without Risks Says Binance CEO

Self-Custody Wallets are Not Without Risks Says Binance CEO

Changpeng Zhao, the CEO of the world’s largest crypto exchange, Binance, stated that he is supportive of self-custody wallets. Moreover, self-custody wallets are not without risks. Through this tweet reply, CZ raised his support for the self-custody wallets. Self custody wallets are not without risks. I am supportive of self

August 11, 2023 2 mins read
Bittrex Global Shuts Down Months After U.S Subsidiary Closure

Breaking: Bittrex Settles SEC Lawsuit for $24M

The US-based crypto exchange Bittrex has agreed to settle with the U.S. Securities and Exchange Commission over the case of offering unregistered securities to U.S. investors. Moreover, the exchange agreed to pay $24 million to the SEC to settle the claims, according to a filing in Seattle Federal Court. Today

August 11, 2023 1 min read
CBDCs Are Threat to Liberty Says U.S. Presidential Candidate

CBDCs Are Threat to Liberty Says U.S. Presidential Candidate

The crypto market has experienced massive growth and significant development over the last few years. Recently, cryptocurrencies have taken over the headlines as U.S. presidential candidates have continuously shown their interest in them. Several candidates have made strong statements against CBDCs. Adding to that, presidential candidate Vivek Ramasamy stated that

August 9, 2023 2 mins read
Federal Reserve Requires Approval for Banks Engaging in Stablecoin

Federal Reserve Requires Approval for Banks Engaging in Stablecoin

In recent days, the Federal Reserve has issued more guidance on cryptocurrencies. Adding to that, the FED released a press release announcing that it requires approval before the state bank can issue, hold, and transact stablecoin payments. These new rules on stablecoins come after PayPal announced its new stablecoin, PYUSD. 

August 9, 2023 1 min read
Alchemy Pay Partnerships with Decentralized USD

Alchemy Pay Partnerships with Decentralized Stablecoin USDD

Alchemy Pay (ACH), a payment solution provider that seamlessly connects fiat and crypto, announced its significant partnership with Decentralized USD (USDD), the first over-collateralized decentralized stablecoin. It will enable individuals to acquire USDD using their fiat currency. 🎉#AlchemyPay and @usddio, the first over-collateralized decentralized stablecoin, have partnered to integrate USDD

August 8, 2023 2 mins read
Ethereum’s Low Volatility Fuels Severe Gas Fee Decline

Will Ethereum (ETH) Above $1,900 Mark Soon?

Ethereum (ETH), the leading altcoin by market capitalization, has experienced a slight recovery of 0.13% after reaching a weekly low of $1,804 on August 7. However, the trading price of ETH still stays below the $1,900 mark, showing bearish momentum in the crypto market. Yesterday, Ethereum experienced a downtrend that

August 8, 2023 2 mins read
Big Move in SAND Before Sandbox's $134M Token Unlock

Big Move in SAND Before Sandbox’s $134M Token Unlock

The Sandbox (SAND), a blockchain-based metaverse firm, is planning to make a significant move in the crypto market. The team is scheduled to make its next unlock of SAND tokens worth $134.4 million this month. On the other hand, SAND made a big move before the next unlock with a

August 4, 2023 2 mins read
Court Orders Independent Examiner in FTX Bankruptcy Case

FTX Wants Dubai Unit Removed from Bankruptcy Case

FTX, the bankrupt crypto exchange, has recently reached an agreement on principle with Genesis to resolve the claims made by both firms in an ongoing lawsuit over Chapter 11 cases. In the latest development, the crypto exchange wants to remove its Dubai unit from the legal proceedings, according to court

August 3, 2023 1 min read
Hong Kong to Approve First Compliant Exchanges for Crypto

Hong Kong to Approve First Compliant Exchanges for Crypto

The Hong Kong Securities Regulatory Commission will approve the compliant exchange for the first time to provide service to retail investors. This approval comes after the Hong Kong Securities Regulatory Commission introduced cryptocurrency trading guidance for retail investors under a new set of licensing rules.  一张好"牌",即将到来 pic.twitter.com/S6AIgiuJgb — Livio Weng

August 3, 2023 1 min read
Top Crypto Gainers of the Day

Top Crypto Gainers of the Day

The crypto market has experienced remarkable growth and significant developments in recent days. There were new coins introduced in the crypto market that gained the attention of investors and traders. As investors are closely watching the crypto market’s volatility, some cryptocurrencies have captured the top gainer spot with a standout

August 2, 2023 3 mins read