Fri, October 9

Both Binance and Coinbase Temporarily Suspend USDC Conversions

The two leading cryptocurrency exchanges, Binance and Coinbase, announced on Friday night that they will temporarily halt USDC conversions until the ripple effect of the collapse of Silicon Valley Bank plays out. The action was taken because of fears that USDC stablecoin issuer Circle was keeping part of the stablecoin’s

March 11, 2023 2 mins read

Cathie Wood Led Ark Invest Bought Coinbase Shares Worth $20.6 Million

According to a transaction report provided to investors, prominent growth investor Cathie Wood’s Ark Invest purchased more shares of cryptocurrency exchange Coinbase (COIN) on Thursday than it had in all of January. More than 350,000 Coinbase shares were purchased in a single day by the company, making it the largest

March 10, 2023 2 mins read

Vajram Exchange Chairman Confident Over Crypto Adoption in India

Vajram Exchange, a crypto exchange originating from India has made its presence at the Crypto Expo Dubai 2023. The event was one of the largest cryptocurrency summits with over 10K attendees from 30+ countries. Vajram is a product of the Vajra Group of Companies. The parent company has established itself

March 10, 2023 2 mins read

Gate.io Partners With Visa to Launch Crypto Debit Card in Europe

Even if the market were to tank, it seems like Visa’s cryptocurrency operations would continue as planned. The company behind the widely-used cryptocurrency exchange Gate.io, Gate Group, has announced that it would launch a Gate Visa crypto debit card. Gate has announced that it is now accepting registrations and waiting

March 9, 2023 2 mins read

JPMorgan Ends Relationship With Centralized Crypto Exchange?

Leading crypto exchange Gemini stated on its official Twitter account that “Gemini’s banking relationship remains intact with JPMorgan.” This statement comes after the rumors claimed earlier on Wednesday which cited an unnamed source, the American multinational financial service company JPMorgan is ending its banking relationship with the cryptocurrency exchange.  Despite

March 9, 2023 1 min read

Open Exchange Led by 3AC Founders Raises $25 Million Funding

In a very contentious move, the creators of the “Open Exchange” (OPNX) have raised $25 million without publicly disclosing their contributors. In the meanwhile, defunct cryptocurrency exchange CoinFLEX has announced that a Seychelles court has authorized its reorganization arrangement. Thus, momentarily increasing the value of its token. Kyle Davies contacted

March 8, 2023 2 mins read

Cathie Wood Led Ark Invest Buys Coinbase and Robinhood Shares

Ark Investment raised its Coinbase and Robinhood stock positions yesterday. In a transaction confirmation email, the business said that its flagship Ark Innovation ETF had purchased 47,568 Coinbase shares, while it’s Ark Next Generation Internet ETF had acquired 8,031. Moreover, 1.06 million Robinhood shares were bought by the latter fund.

March 8, 2023 1 min read

Court Approves Binance U.S to Purchase Assets of Insolvent Voyager

After much debate over the last week, Binance.US has been given permission to purchase the assets of defunct crypto lender Voyager Digital. Bankruptcy Judge Michael Wiles of the Southern District of New York dismissed all the objections and approved the transaction on Tuesday, March 7. Voyager will sell Binance the

March 8, 2023 2 mins read

Crypto.com Integrates Apple Pay for Visa Cards in Brazil

When it comes to buying and selling cryptocurrencies, Crypto.com is a trusted marketplace. Since its inception in 2016, the market has seen significant growth. The platform supports more than 20 different fiat currencies for use in buying and selling over 250 different cryptocurrencies. There are users from more than 80

March 7, 2023 1 min read

Bybit Launches Mastercard Powered Crypto Debit Card

The world’s significant crypto exchange, Bybit, revealed the launch of the “Bybit Card”. The debit card allows users to make payments and withdraw cash using cryptocurrency holdings. And is powered by the world’s second credit card giant, Mastercard network, and issued by Moorwand, a London-based payments solutions provider.  Bybit co-founder

March 7, 2023 1 min read