Sun, October 4

OKX Exchange Website Access Reportedly Banned by Russia

Roskomsvoboda, a Russian NGO keeping tabs on web censorship, reports that the OKX cryptocurrency trading website has been banned in the country. OKX is based in Seychelles. According to Roskomsvoboda’s blacklist database. The IP addresses associated with Okx.com were banned after a decision from the prosecutor general’s office (No. 73/3-105-2022).

October 5, 2022 2 mins read

SEC Shuts Down Fraudulent Crypto Firm Over Ponzi Scheme

A fake cryptocurrency offering that specifically targeted the Latino population in the United States was immediately shut down by the Securities and Exchange Commission (SEC). According to an SEC complaint published on Monday. Houston natives Mauricio Chavez and Giorgio Benvenuto, who ran the Texas business CryptoFX, “used the attraction and

October 5, 2022 1 min read

Crypto Transfer Feature Enabled For Users by Telegram

The Open Network (TON) Foundation is responsible for developing the service.  A 0.9% commission would be applied when selling cryptocurrency. Telegram released its crypto transfer and exchange tool at a time when more and more traditional businesses are using crypto. Telegram, a provider of instant messaging services, has introduced a

October 5, 2022 1 min read

FTX Exchange Listed Dollar Spot Index Perpetual Futures

Crypto exchange, FTX has listed FTX Dollar Spot Index (FTXDXY) perpetual futures. The US Dollar Index recently crossed the 111 level, currently trading around 110.68. According to the recent announcement from the cryptocurrency exchange, FTX, the platform has added a new perpetual futures contract for the US Dollar Index (DXY)

October 5, 2022 2 mins read

European Parliament Votes in Favor of Crypto Tax Policies

Only 7 of the 705 MEPs were opposed to the resolution while 47 were missing. Small investors and transactions are also taken into account by the resolution. The European Parliament has approved a plan to use blockchain technology to provide a more robust approach to minimizing instances of tax evasion,

October 5, 2022 1 min read

Fidelity Invests $5 Million in New Ethereum Index Fund

Fidelity has been hard at work on their own cryptocurrency exchange, called EDX Markets. Mike Novogratz, CEO of Galaxy Digital first informed about the update. Registration paperwork submitted to the U.S. Securities and Exchange Commission (SEC) reveals that Fidelity has invested $5 million in a new Ethereum index fund. Moreover,

October 5, 2022 1 min read

Japan’s PM to Expand NFT & Metaverse in the Country

Kishida said the country would expand the use of Web3 services. Japan has decided to strengthen an existing money laundering regulation. In a policy speech on Monday, Japan’s Prime Minister Fumio Kishida announced his intention to boost developments in Non-fungible tokens (NFTs) and the Metaverse. According to Kishida, the country

October 5, 2022 1 min read

Crypto.com Is Expanding Its Usage in Canada

Crypto.com visa card users in Canada can now use Google Pay and Apple Pay. These apps are one-point solutions for multiple on-site, in-app, and in-store transactions. Crypto.com visa card users in Canada can now make use of the functionalities with both Google Pay and Apple Pay. The exchange has declared

October 5, 2022 2 mins read

Sandbox (SAND) Will be Available for Trading on Binance.US

Trade SAND/USD and SAND/USDT starting in Binance on October 5, 2022. Deposits are now available for SAND to enable trading of SAND/USD and SAND/USDT. Binance, the world’s leading blockchain ecosystem, and cryptocurrency exchange announced that it would list Sandbox (SAND). According to Binance, deposits for SAND are now open in

October 5, 2022 2 mins read

Fashion Giant Hugo Boss Forays Into NFT and Metaverse

The corporation hopes to revitalize its brand in 2022, thus the cooperation. From the total of 1,001 NFTs, six will stand out as being really exceptional. Hugo Boss, a behemoth of the German fashion industry, is the most recent company to embrace NFTs (non-fungible tokens) and the metaverse. HUGO’s youth

October 4, 2022 1 min read