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Search Results for: Cryptocurrency

Crypto Exchange Binance Launches Mastercard Debit Card in Brazil

Binance, the world’s biggest crypto trading platform, has released a Mastercard debit card in the country of Brazil. Binance now offers its customers a debit card that can be used at any location that accepts Mastercard to make purchases using their cryptocurrency holdings. In addition to the many places where

February 16, 2023 1 min read

GSR Launches Foundation with $10m Pledge Celebrating 10 years of Business

Additionally Appoints Founding Director James Newell to Build Strategy LONDON–(BUSINESS WIRE)–#OTC–GSR, the global crypto market maker and liquidity provider, has pledged an initial $10m to establish the GSR Foundation, an independent grantmaking charity that will support non-profit organisations across the world. This donation serves to formalise and grow an integral

February 16, 2023 3 mins read

Crypto Exchange CEX.IO Receives Notice by FDIC Over Insurance Claims

Executives of cryptocurrency exchange CEX.IO have received a letter from the United States Federal Deposit Insurance Corporation (FDIC). Notifying them that they may have broken federal law by making false and misleading claims regarding the exchange’s insurance status. The regulatory body has given the exchange 15 days to make the

February 16, 2023 2 mins read

Abu Dhabi Announces Launch of $2B Program Boosting Web3 Growth

Abu Dhabi’s digital ecosystem, Hub71, has unveiled a new venture named “Hub71+ Digital Assets.” This is with the financial backing of over US$2 billion. Among the Web3-based technologies that this initiative hopes to promote are blockchain technology and metaverse applications.  Web3 firms will have access to cutting-edge blockchain and virtual

February 16, 2023 1 min read

Celsius Network Picks NovaWulf Offer to Escape From Bankruptcy

Crypto lender Celsius Network has been seeking all options to increase the value of its assets and restructure its business since filing for Chapter 11 Bankruptcy on July 2023. Today the cryptocurrency lender announced that it agreed to partner with asset management NovaWulf Digital Management to recover from bankruptcy. Celsius

February 16, 2023 2 mins read

Bitcoin (BTC) Reaches $24K Range, Signaling for Bull?

Bitcoin (BTC), the genesis and leading asset in the cryptocurrency market has made its way to $24,000.The last record made on the $24k limit was on June 2022. And the whole crypto market takes it as an indication of the bull run. This price is also the new high in

February 16, 2023 2 mins read

$1.4 Million Worth of Stolen Funds Frozen by Binance and Huobi

Binance and Huobi, two major cryptocurrency exchanges, have once again frozen accounts. This time its related to the June 2022 $100 million Harmony Horizon bridge attack. The trading platforms blocked almost $1.4 million in cryptocurrency that was traced to accounts associated with the infamous Lazarus Group in North Korea. Based

February 15, 2023 2 mins read

The Matrix Star Keanu Reeves Praises Cryptocurrencies and NFTs

Keanu Reeves, actor of “The Matrix,” has reportedly become a crypto lover. Praising cryptocurrencies as wonderful means for exchanges and distribution of resources. While promoting his new film “John Wick 4” with Wired, Keanu Reeves praised cryptocurrencies. Reeves stated: “I think the principle, the ideas behind an independent currency are

February 15, 2023 1 min read

South Korean Authorities Investigating Staking Program Post Kraken Settlement

On February 15th, a media outlet claimed that the Korean Financial Services Authority was investigating the staking services industry. Concerns expressed by members of the cryptocurrency community regarding the fallout from the recent settlement between the SEC and Kraken in American court seem to be materializing. In the wake of

February 15, 2023 1 min read

Ark Invest’s Cathie Wood Continues Coinbase Stock Buying Spree

Despite regulatory uncertainties in the crypto industry, Ark Invest CEO Cathie Wood continues to acquire equities of cryptocurrency exchange Coinbase at cheap prices. As Coinbase’s share price fell below $58 on February 14, investment firm Ark Invest bought 14,636 shares of Coinbase (COIN). According to the records, Ark Invest, run

February 15, 2023 1 min read