Mon, October 5

German Bank ‘N26’ Launches Crypto Trading Services

There may be a bear market going on, but it hasn’t stopped businesses from entering the crypto sector. In reality, conventional financial institutions have begun dipping their toes into the crypto industry by providing products to meet the needs of market participants. On Thursday, European digital bank N26 said it

October 20, 2022 1 min read

Tendulkar and Rario Platform Band Together to Launch NFTs Soon

Iconic Batsman the Indian cricket team has now partnered Rario to launch his NFTs. Rario is a marketplace for NFTs that excels in unique cricket NFTs in union with cricketers. Sachin Tendulkar, the iconic batsman and former captain of the Indian cricket team, has teamed up with NFT platform Rario

October 20, 2022 2 mins read

Coinbase Supports Grayscale in Lawsuit Against SEC

Coinbase submitted an amicus curiae brief with the U.S. Court. The federal regulator had rejected Grayscale’s application for a Bitcoin ETF. Coinbase, the biggest cryptocurrency exchange in the United States, is supporting Grayscale, the largest Bitcoin fund, in its lawsuit against the Securities and Exchange Commission (SEC). Since the federal

October 20, 2022 1 min read

Binance Launches a Competition to Identify the Most Popular Cryptos

Binance’s “The Community Showdown” is a contest to crown the famous three cryptos. The competition will end on 28th October 2022 at 23:59 (UTC). Binance has started a competition on the Twitter platform to reward the supporters of the cryptocurrency community with a huge audience set. “The Community Showdown” is

October 20, 2022 1 min read

Will Bitcoin End $21K in 2022, as Predicted by Finder Experts?

Bitcoin will end the year at $21K, according to Finder’s experts. Finder’s panelists believe Bitcoin is currently underpriced, while 19% believe it is overpriced. Finder is a comparison website and the experts from Finder gathered once more, and this time they totaled up their forecasts for Bitcoin, the top crypto

October 20, 2022 2 mins read

FTX CEO Reveals Solutions For Crypto Hacking Issue

SBF suggests paying off the hackers as part of the solution. More than $4.4 billion in 2022 has been lost due to DeFi protocol failures. Cryptocurrency hacking has been prevalent in recent months, notably in the DeFi sector. Chainalysis reports that, so far this month, more than $750 million has

October 20, 2022 1 min read

Hong Kong to Launch Central Bank Digital Currency (CBDC)

Consideration is given to local conditions when the regulations are drafted. The Monetary Authority is learning about stablecoin regulation. In response to the ever-increasing uncertainty in the cryptocurrency market, the widespread use of Central Bank Digital Currency (CBDC) has been on the rise. To counter this, Hong Kong has joined

October 20, 2022 2 mins read

Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%

Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic

October 20, 2022 1 min read

German Officials Raided Deutsche Bank Over Tax Invasion Case

The raid happened in Frankfurt and comprised over 100 investigators. As of today’s inquiry, Deutsche is suspected of dividend stripping. On Tuesday, Deutsche Bank said that it is cooperating with authorities investigating a tax fraud case that dates back at least ten years. The biggest German bank is only one

October 19, 2022 1 min read

Societe Generale-Forge Registers as Digital Asset Provider in France

The overall assets of Societe Generale make it the third-biggest French bank. Earlier this year in June, Societe Generale-Forge formed a partnership with Metaco. Societe Generale-Forge, the digital assets division of Societe General Group, has officially registered with the French financial authority, the Autorité des marchés financiers (AMF). The overall

October 19, 2022 2 mins read