In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
Several cryptocurrency companies have rethought their strategies and even pulled out of certain countries due to the regulatory uncertainty that has plagued the crypto business in recent years. One recent instance of this pattern is the news that cryptocurrency exchange OKX would stop operating in Canada as of June 22,
Binance, a cryptocurrency exchange, has announced the trading of the Arbitrum (ARB) token in the pairings ARB/BTC and ARB/USDT. With withdrawals commencing on March 24 at 17:00 UTC. Moreover, cryptocurrency derivatives exchange BitMEX has now released Arbitrum (ARB) futures that are margined in USDT, just in time for the much-anticipated
Arbitrum’s upcoming ARB token airdrop appears to become a popular target for scammers. The community warns hundreds of Phishing scams targeted at tricking crypto users. On March 16, a post by Arbitrum’s official stated that the Airdrop will send out 10 billion governance tokens via token airdrop. It allows the
With the approval of American regulators, a division of New York Community Bancorp has agreed to buy deposits and loans from the recently shut down Signature Bank in New York. Flagstar Bank, a wholly owned subsidiary of Flagstar Bank, was announced by the FDIC to have agreed to acquire essentially
Switzerland Country’s second-largest private lender Credit Suisse Bank sold to UBS for $3 Billion. The Credit Suisse Group announced it entered a merger agreement with UBS today. Under the terms of the merger agreement, all the shareholders will get 1 share of UBS for 22.48 shares in Credit Suisse. According
The U.S. Federal Reserve announced that it collaborated with the Swiss National Bank, Bank of England, Bank of Canada, Bank of Japan, European Central Bank, and Bank of Canada in a coordinated effort to enhance the supply of liquidity through the established U.S. dollar swap line arrangements. The action, which
UBS Group AG, a private Swiss bank, has reportedly made a bid to acquire the financially troubled Credit Suisse Group AG. There have been reports recently of a confirmed merger between Credit Suisse and UBS. Credit Suisse, the country’s second-largest private lender, has been struck hard by the financial crisis.
Balaji Srinivasan, a former CTO at cryptocurrency exchange Coinbase, has placed a $1 million bet on the price of Bitcoin (BTC) rising to $1 million by June 17. On March 17, a Twitter user going by the alias “James Medlock” made a $1 million bet to anybody who could prove
Another program has been developed by the government of El Salvador to show its enthusiasm for Bitcoin and encourage its use and expansion. This time, venture capital company Fulgur and stablecoin issuer Tether are backing a training program for Bitcoin and lightning developers. On Wednesday, the Bitcoin Office in El
Dubai is actively promoting itself as a global center for decentralized technology. As part of Dubai’s efforts to expand its presence in the Web3 sector, the Dubai Multi Commodities Centre (DMCC), one of the largest free trade zones in the area, has formed a number of collaborations with organizations based
