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CoinDCX founder Sumit Gupta joined the investigation. CoinSwitch Kuber was also part of the investigation. Under the Foreign Exchange Management Act (FEMA), India’s Directorate of Enforcement (ED) has sent notifications to cryptocurrency exchanges requesting additional information and documents as part of its ongoing investigation into any alleged foreign exchange crimes
July 6, 2022 1 min read
Bitstamp exchange laid a €10 fee on some inactive accounts. Customers should maintain a €200 balance. The world’s longest-standing cryptocurrency exchange Bitstamp intends to impose a monthly inactive tax on a subset of its users, in order to offset the impact of the market decline on the platform’s trading volume.
July 6, 2022 2 mins read
Meta0 has developed a decentralized threshold crypto custody for email authorization. It will present a set of APIs that enable interacting with NFTs on many networks. On Tuesday, Jason Fung ex-chief head of the gaming division at TikTok has launched a blockchain-based game infrastructure startup called Meta0. This step intends
July 6, 2022 2 mins read
Uber Eats does not allow direct cryptocurrency payments. Holders of Shiba Inu can now use the cryptocurrency to pay for Uber Eats. The online food delivery platform Uber Eats allows customers to pay with the cryptocurrency help of Bitpay. Users of the BitPay system have three options to pay for
July 5, 2022 2 mins read
Euro Pacific Intl. Bank Inc transactions will be on hold until July 7, 2022. The bank failed to fulfill the net minimum capital requirements. Puerto Rico’s Office of the Commissioner of Financial Institutions better known as Oficina del Comisionado de Instituciones Financieras (OCIF), has suspended operations at Euro Pacific Bank,
July 5, 2022 2 mins read
Justin Sun the founder of TRON joined the Twelfth Ministerial Conference (MC12) as an ambassador of the Grenadan government to the World Trade Organization (WTO) in June and spoke about significant topics like the digitalization of the economy and blockchain technologies. Fifteen-person participants from the Organisation of Eastern Caribbean States
July 4, 2022 1 min read
Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratorium in the Singapore courts. Today, Singapore-based cryptocurrency lending and exchange venture Vauld has halted all withdrawals, trading, and deposits on its platform As
July 4, 2022 2 mins read
Vasil upgrade is part of the “Basho” phase of the Cardano roadmap. Vasil will update Cardano’s core smart contract programming language Plutus. The blockchain platform Cardano’s most awaited Vasil upgrade has been completed on the testnet. Vasil’s hard fork will enable faster block generation and increased scalability for Cardano’s decentralized
July 4, 2022 2 mins read
Over 67 million individuals in Mexico still do not have access to a bank account. Indira Kempis proposed a bill to accept BTC as legal tender in Mexico. Mexican senator Indira Kempis proposed a bill to accept Bitcoin (BTC) as legal tender in Mexico and claims the second-largest market that
July 2, 2022 2 mins read
KuCoin exchange just completed a $150 million fundraising. Spot Grid’s PRO version has been launched by KuCoin. The cryptocurrency exchange KuCoin has denied claims that withdrawals would be halted on their platform due to significant losses caused as a result of the LUNA disaster. The CEO of KuCoin, Johnny Lyu,
July 2, 2022 2 mins read