Sun, October 4

Search Results for: Cryptocurrency

KuCoin Exchange Operating Illegally as per Dutch Central Bank

The Dutch central bank released a statement on Thursday saying that the cryptocurrency exchange KuCoin is operating illegally in the country. Bank documents reveal that KuCoin operates as a wholly owned subsidiary of MEK Global Limited (MGL), a Seychelles corporation. Although consumers of the exchange are not breaching the law,

December 16, 2022 1 min read

Prominent Entrepreneur Kevin O’Leary Criticizes Binance Over FTX Fall

Kevin O’Leary, a Canadian entrepreneur and star of the show “Shark Tank,” has today criticized the cryptocurrency exchange Binance, saying it intentionally caused the FTX to crash. The celebrity businessman said that Binance is a “massive, unregulated monopoly now” appearing at the Senate Committee on Banking, Housing, and Urban Affairs.

December 15, 2022 1 min read

Crypto Derivatives Platform Paradigm Reduces Pay Avoiding Layoffs

Because of the current bear market, the crypto derivatives platform Paradigm has decided to reduce employee pay by 15%. After FTX’s bankruptcy last month, derivatives trading took a significant hit. Exchange co-founded by arrested entrepreneur Sam Bankman-Fried is accused of using billions of dollars in client cash to finance the

December 15, 2022 2 mins read

Tech Behemoth Microsoft Bans Crypto Mining on Cloud Platform

Microsoft updated its terms of service to explicitly forbid the mining of cryptocurrency on its hosted platforms without express permission. This update became available in December, and it’s for everyone, not just Microsoft’s paid members. Specifically, the update prevents users from mining on any Microsoft online service. Including those that

December 15, 2022 1 min read

Maincard Expands Web3 Sports Prediction Market To Myria And Launches NHL Sportsbook

Los Angeles, California, 15th December, 2022, Chainwire   Web3 Sports prediction app Maincard and Myria are joining forces to expand the appeal of NFTs. Maincard will benefit from Myria’s scalability focus as a trusted Ethereum L2 solution through the partnership. Maincard recently announced its main net launch on the Polygon

December 15, 2022 3 mins read

Crypto Wallet Market Size, Share, & Trends Analysis Report 2022: A Global $48.25+ Billion Market by 2030 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Crypto Wallet Market Size, Share, & Trends Analysis Report by Wallet Type (Hot Wallet, Cold Wallet), by Operating System (android, iOS, Others), by Application, by End Use (Individual, Commercial), by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The global crypto wallet market size

December 15, 2022 4 mins read

Cash Crunch Mining Firm Core Scientific Manages $72M Funding

B. Riley, a provider of financial services, has extended an offer to Bitcoin investors. Core Scientific’s leading lender, B. Riley, revealed the details of the financing deal in a letter dated December 14 and said that the company was ready to finance the first $40 million “immediately, with zero contingencies.”

December 15, 2022 1 min read

Ark Invest’ Cathie Wood Continues Coinbase Stock Buying Spree

CEO of Ark Invest Cathie Wood has been known to ride out market downturns by stocking up on companies like cryptocurrency exchange Coinbase (COIN) and electric car manufacturer Tesla. Cathie Wood hasn’t changed her mind about Bitcoin or electric automobiles. Cathie Wood, the founder of Ark Invest, has predicted before

December 15, 2022 1 min read