Sun, June 28

MEXC Integrates SWIFT and Fedwire, Allows for Direct USD Deposits

MEXC, a global cryptocurrency exchange with a trading engine that can process 1.4 million transactions per second, has announced the support of direct USD deposits following the integration of SWIFT and Fedwire. According to a recent announcement, MEXC clients in North America and Europe can access the service through their

June 10, 2022 2 mins read

Global Bitcoin (BTC) Adoption 10% Higher By 2030

BTC adoption on the rise. 10% global adoption by 2030. Price of BTC will surge up constantly. However, be the market stance for the Bitcoin (BTC), there are always teams around the world on further constant analysis and research upon it. Accordingly, a recent report put out by the Blockware

June 10, 2022 2 mins read

Lithuania Strictens The Regulation on Anonymous Wallet

The growth of crypto companies in Lithuania is exponential, number is 252 at present. The banning will cut off the money laundry and anti-social financial activities. The European Union (EU) is in a way to take a strong stand on banishing the suspicious anonymity of the cryptocurrency. As an inaugural

June 10, 2022 1 min read

Terra Founder Do Kwon Transferred $80 Million to Secret Wallets

South Korea’s National Tax Service ordered Kwon to pay 100 billion won. Terra employees confirmed that $80 million was transferred. Terra LUNA’s dramatic crash grabbed US Security Exchange Commission’s (SEC) attention and SEC reported that Terra LUNA founder Do Kwon was involved in money laundering activities. Terra employees reportedly confirmed

June 10, 2022 2 mins read

LINK Hits High Ensuing To Updated Staking Roadmap

Chainlink announces its updated roadmap for the implementation of staking. Implementation of long-term goals for staking was planned for the second half of 2022. After updates, the native token LINK hits its four-week high. Chainlink is one of the popular cryptocurrencies in the market which has already captured its notable

June 8, 2022 2 mins read

Wyoming-based Digital Asset Bank ‘Custodia’ Sues Fed Over Delay

Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master

June 8, 2022 2 mins read

Ex-IPS Officer Charged for Multi-Million Cryptocurrency Fraud

The fraudulent digital wallets held roughly 34 cryptocurrencies. The funds are worth 6 crores rupees ($7,72,471). An official said on Tuesday that the Pune police has filed a charge sheet in a court against an ex-IPS officer and a cyber specialist in connection with an alleged multi-crore cryptocurrency fraud. In

June 8, 2022 1 min read

India’s GST Council will Discuss Cryptocurrency Taxes in June Meet

The meeting proposed to levy a 28 percent GST on cryptocurrencies. India plans to implement reverse charge GST on users who use overseas crypto sites. On Tuesday India’s Goods and Services Tax (GST) Council is expected to discuss rate rationalization and digital assets, including cryptocurrency, at its upcoming meeting in

June 8, 2022 1 min read

MicroStrategy CEO Michael Saylor Says Bitcoin is Better Than Gold

Microstrategy held 129k in bitcoin as of March 31. Michael Saylor said bitcoin is better than gold In a television interview, Michael Saylor, the CEO of MicroStrategy and a big supporter of Bitcoin said that “if Bitcoin is not going to zero, then it’s going to a million”.  If #bitcoin

June 8, 2022 2 mins read

US PayPal Update – Crypto Transfer is Now Available

BTC, ETH, and LTC can be transferred using PayPal across exchanges. No transaction fees for sending & receiving between PayPal users. The most requested feature among the Paypal users has now gone live yesterday. The selected US members can now directly transfer Bitcoin, Bitcoin Cash, Ethereum, and Litecoin to others,

June 8, 2022 1 min read