Thu, March 26

Gemini Receives Virtual Asset Service Provider License in Ireland

Gemini claims to be the first company to operate as a VASP. The company received EMI licence from CBI in February 2022. Gemini, a crypto trading platform located in New York, claims to be the first to be recognized by the Central Bank of Ireland as a virtual asset service

July 22, 2022 1 min read

Crypto Exchanges Raided in Connection With Terra Investigation

Exchanges, including Upbit, Bithumb, and Coinone, were the targets of raids. Around 200,000 South Korean investors are thought to have invested in TerraUSD and Luna. Shocking revelations from South Korea have been pouring in after the fall of Terra-Luna. On Wednesday, Korean prosecutors raided seven cryptocurrency exchanges to see whether

July 22, 2022 2 mins read

Major Exchanges Opt ‘Lay-Offs’ To Defend Market Meltdown

Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxembourg-based cryptocurrency exchange Blockchain.com is disbanding 25% of its employees, amid financial losses and the collapse of the global crypto market. The latest workforce reduction will affect

July 22, 2022 1 min read

Former Coinbase Staff Arrested by U.S Officials Over Insider Trading

Last week, the SEC and prosecutors in the Southern District of New York arrested an ex-product manager for a major crypto exchange. According to Bloomberg, Ishan Wahi, a former product manager at Coinbase, reportedly revealed private information about the company’s token listings to his brother Nikhil Wahi and a friend,

July 22, 2022 1 min read

Crypto.com Integrates Google Pay – Will Bring in an Economic Crisis?

Crypto.com is a global crypto exchange that has been in the headlines following its recent acquisition of licenses in Italy. The exchange has integrated Google Pay as the payment gateway providing easy access to android users. According to analysis, Google Pay is expected to reach 100 million users who would

July 22, 2022 2 mins read

Asian Crypto Exchange Zipmex Re-enables Client Withdrawals

The exchange said on Wednesday that it had halted all withdrawals. Trade wallet deposits and withdrawals will begin at 17:00 UTC today. Zipmex is preparing to reopen withdrawals and deposits using its Trade Wallet function the day after it had frozen user withdrawals owing to the market’s volatility. They said

July 22, 2022 2 mins read

Major Crypto Exchange Attained Peruvian Trading Platform, Fluyez

Bit2Me acquired a majority of stake from Fluyez for more than $1.022 million. Apart from Fluyez, the platform is also eyeing other crypto exchanges. According to the latest announcement from the Spanish crypto exchange Bit2Me, the firm has obtained an 85% stake from the Peruvian crypto trading platform, Fluyez. Andrei

July 21, 2022 2 mins read

Prominent Exchange Gemini Reportedly Laid Off 7% of its Workforce

The corporation is taking these steps due to “extreme cost-cutting” initiatives. The firm announced its first round of layoffs less than two months ago. Gemini, the Winklevoss twins’ regulated cryptocurrency exchange in the United States, is reportedly downsizing its employees. This wave of layoffs was not announced internally by the

July 20, 2022 1 min read

Singapore’s Crypto Fund Manager Gained its Space in Dubai

A license to operate in Dubai has been obtained by Singapore’s Fintonia Group. Ruler of Dubai announces a new Metaverse Strategy. Dubai Virtual Assets Regulatory Authority (VARA) has issued a provisional digital asset license to Singapore-based fintech investor and crypto fund manager Fintonia Group. The license placed Fintonia in the

July 20, 2022 1 min read

Dubai’s Virtual Asset Regulator Grants Provisional License to OKX

The company is dedicated to helping grow the UAE’s infrastructure and personnel. Dubai’s crown prince recently tweeted about the new metaverse plan. According to the Dubai virtual asset regulator, the Virtual Assets Regulatory Authority (VARA), OKX has been awarded a “provisional virtual assets license” to offer services to eligible investors

July 19, 2022 2 mins read
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