Mon, January 20

CoinFLEX Allows Limited Withdrawal Option For Customers

The platform’s stablecoin, flexUSD, will remain unavailable until further notice. Earlier this month, the platform put a hold on withdrawals. In the wake of a conflict with notable crypto investor Roger Ver “Bitcoin Jesus”, the trading platform CoinFLEX has announced limited client withdrawals. Users may now withdraw 10% of their

July 15, 2022 1 min read

Bitfinex Announces Donations Worth $1.3M For El Salvador Communities

It will begin with small enterprises in the Ilopango, Soyapango, and Apopa neighborhoods.  Bitfinex’s CTO thinks $1.33 million in crypto assets would be a boon to the country. Bitfinex, a digital currency exchange, has announced that it is providing 36 Bitcoin (BTC) and 600,000 Tether (USDT) to small companies and

July 15, 2022 1 min read

Bitbase Exchange Opens Physical Crypto Trading Store in Paraguay

According to Bitbase, this will be the country’s first shop of its sort. The corporation said it wanted to expand its operations in Venezuela in February. Bitbase, a cryptocurrency exchange that provides help in physical locations, has announced opening its first shop outside of Europe. Cryptocurrency enthusiasts in Paraguay may

July 15, 2022 1 min read

CoinPayments Announces Shutting Down Operations Amid Crypto Winter

Before July 19, the company recommended customers remove their cash. CoinPayments blamed it on new Anti-Money Laundering (AML) legislation. Shortly after several firms went down, the crypto sector was hit with a lengthy bear market. As a result of the recent increase in market volatility, the crypto ecosystem is also

July 15, 2022 1 min read

Bitcoin of America Plans to Accelerate the Growth of Crypto Market

Bitcoin of America added Zcash.  Bitcoin of America currently operates more than 2,500 Bitcoin ATMs. Bitcoin of America is a virtual currency exchange and a well-known BTM provider, that has registered with the US Department of Treasury (FinCEN) and (RegNum) as a money services company. Bitcoin of America currently operates

July 14, 2022 1 min read

Will Celsius Bankruptcy Filing Safeguard It From Crashing Down?

Celsius filed the Chapter 11 bankruptcy protection.  Chapter 11 allows a company to continue operating while restructuring its debt. After a month of turbulence, cryptocurrency firm Celsius has filed for Chapter 11 bankruptcy protection to restructure in a way that increased value for all stakeholders in the US Bankruptcy Court

July 14, 2022 2 mins read

Brazilian Fintech Firm ‘Picpay’ To Offer Crypto Exchange Services

More than 60 million app users in Brazil will be able to use the new features. Paxos, a firm known for providing crypto management, has been chosen. Fintech organizations are increasingly embracing crypto to enhance their service offerings to their clients. Picpay, a Brazilian fintech, and payments firm, announced it

July 13, 2022 1 min read

Prominent Brokerage Firm M1 Finance Plans To Offer Crypto Services

This new asset class may now be included in their long-term investment plan. Pie-based investing is a fundamental feature of M1 Finance. Many crypto investors will be frightened in 2022 due to a bear market, but online brokerage business M1 Finance plans to provide cryptocurrency trading accounts and services soon.

July 12, 2022 2 mins read

Iranian’s Used Binance Services Despite U.S Sanctions as per Report

Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to

July 12, 2022 2 mins read

Vauld CFO Resigned From Designation Amidst Market Dip

Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jatin Mazalcar has left the company after the Singapore-based cryptocurrency lender was compelled to cease client withdrawals last week. Mazalcar continued to serve as a consultant

July 12, 2022 1 min read
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