Revolut has decided to discontinue offering cryptocurrency trading services to US users as of September 2023. This is due to regulatory uncertainties in the US. On Friday, August 4th, a Revolut representative stated that from September 2nd, the company will no longer enable customers in the United States to purchase
Block Inc., a company that facilitates Bitcoin payments, has announced that its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. In addition, Bitcoin accounted for $2.4 billion of the firm’s reported $5.5 billion in net revenue during the second quarter. Bitcoin revenue
Bitcoin, the largest cryptocurrency by market capitalization, is currently causing concern among investors and traders due to its strong bearish momentum. On August 2nd, BTC broke through its downtrend week, reaching the $29,995 mark, and briefly exhibited a bullish moment following an announcement from MicroStrategy. The company revealed plans to sell
London, UK, August 4th, 2023, Chainwire Shiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting. Getting listed
In a significant move for DeFi, today, Maya Protocol announced an integration with the Dash blockchain. The move marks the first time Dash users can trade and earn using a decentralized and permissionless exchange. Maya Protocol is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across
In August of this year, the WhiteBIT cryptocurrency exchange announced the launch of its own blockchain, WB Network. This monumental move marks a new era of progress for the company and its community, with the primary aim of promoting the widespread adoption of blockchain technologies. The blockchain launch brings faster
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is garnering significant attention as it reaches new milestones and attracts a growing community. According to IntoTheBlock’s analysis of active addresses, a staggering 36.75 trillion SHIB positions are currently at the money at the prevailing price. IntoTheBlock, a prominent blockchain data analytics firm,
A number of Binance’s senior legal and compliance employees have resigned in recent weeks, ostensibly due to the stress of handling several probes into the exchange’s business operations, although Binance strongly disputes this. Binance stated Thursday that it has hired Kristen Hecht as its new deputy chief compliance and global
According to data compiled by CCData, South Korean crypto exchange Upbit overtook Coinbase and OKX in trading volume for the first time in July. Both Coinbase and OKX, two centralized exchanges, suffered a decrease in trading volume in July, with Coinbase’s volume falling by 11.6% to $28.6 billion and OKX’s
The new lending platform from Bridgecoin Capital is the first of its kind, allowing clients to invest their cryptocurrency in conventional real estate. This groundbreaking strategy is the first tax-efficient way to preserve wealth in the blockchain sector, and it was developed by a team of real estate and crypto experts.
