Voyager requested a court order to allow customers to withdraw cash. Voyager received the go-ahead from presiding judge Micheal Wiles. As per a report by WSJ, the U.S. Bankruptcy Court in New York has approved Voyager Digital’s repayment of $270 million to impacted consumers. Voyager received the go-ahead from presiding
The Revolut platform offers 80 tokens for trading. In upcoming months the firm wants to provide educational features to help the users. The Monetary Authority of Singapore (MAS), which regulates Revolut Technologies Singapore Pte. Ltd. as a major payment institution, has launched a cryptocurrency service in Singapore that enables users
The American-based Block Inc, reports $1.5B in Q2 profits. The firm generated only $41 million, through the BTC trading service. The digital payments company, Block Inc., formerly Square, has released its Q2 result. The financial service, owned by former Twitter CEO, Jack Dorsey saw its year-over-year (YoY) profits jump 29%
The Washington, DC, Roman Catholic Archdiocese will begin accepting crypto donations. The money will be used to help 139 parishes near Washington, D.C. The Roman Catholic Archdiocese of Washington, D.C. will begin accepting bitcoin donations as part of an effort to increase its services. Engiven, a cryptocurrency platform, announced on
Sandbox’s Instagram account has been temporarily deleted, according to the company. No reports of stolen cash or victims of the incident have surfaced so far. Two days of back-to-back hacking and stolen activities have taken their toll on the global digital asset sector. The Sandbox is the most recent decentralized
Crypto ATMs are returning to Japan after a four-year absence. Initial installations will be made in Tokyo and Osaka. Two of Japan’s most famous crypto advocacy organizations have pushed for lower taxation on individual crypto investors. Requests for tax reform have been made by Japan’s crypto-asset business associations JCBA and
Coinbase share value surged 22% on Thursday due to BlackRock’s announcement. To begin with, users will have access to Bitcoin. Cryptocurrency exchange Coinbase has teamed with BlackRock, the world’s biggest asset management, to provide its institutional Aladdin platform customers with access to cryptocurrency through Coinbase Prime. Coinbase’s trading, custody, prime
Digital items may also be minted on the Flow blockchain as per the announcement. MetaMask, Trust Wallet, and Rainbow are among the third-party wallets supported. It was stated by Meta in May that they will be launching a digital collectibles feature. For a while, the feature was restricted to a
Major banks in Portugal closed the crypto exchange, CriptoLoja’s account. The Portugal government recently announced its plans to tax crypto income. According to recent reports, the bank account of Lisbon-based cryptocurrency exchange platform, CriptoLoja was closed by Portugal’s prominent banks, Banco Comercial Portugues and Banco Santander. Additionally, two other smaller
In early May Virginia got approval to invest pension funds in yield farming. Molnar stated that they use high yield replacements to expect higher returns. Most businesses and industries have experienced a crisis, suffered significant losses, and lost the majority of their retail customers. In order to boost profits, Virginia
