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Search Results for: Cryptocurrency

UK Multinational Bank Barclays Plans to Invest in Crypto Custody Firm

Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval. While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK, Barclays, intended to invest in Copper, one of the most well-known cryptocurrency custody firms in the fast-growing industry.  According

July 29, 2022 1 min read

Top 5 Gainers From the Previous Week

The crypto market is now entering a bullish market. The top 5 gainers from the past 7 days are OP, ETC, BTG, RVN, and QTUM. These are the top 5 gainers from the previous week, according to Coin Market cap with a total market cap of $1.10T, which rose 4.85

July 29, 2022 2 mins read

Prominent Game Studio Immutable Lays Off 6% of its Personnel

A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutable X. Due to the effects of the prolonged crypto winter, several crypto firms have laid off employees and the recent one is

July 29, 2022 2 mins read

Zipmex Files For Bankruptcy After Halting Withdrawals Last Week

Applications for moratoriums were filed in Singapore on July 22 by the firm. On July 20, Zipmex temporarily halted all trading and withdrawals on its exchange. According to a corporate update released on Wednesday, Zipmex, a cryptocurrency exchange located in Thailand, has filed for bankruptcy protection against creditors’ legal action.

July 29, 2022 2 mins read

Miami Mayor Announces Ethereum NFT Collection Launch

The city’s Ethereum NFT is scheduled to start in December. Mastercard will give unique privileges to NFT holders. On Thursday, Mayor Francis X. Suarez of Miami, announced that the city would distribute 5,000 Ethereum NFTs in the coming months. Mastercard and Salesforce are all working together with TIME USA magazine’s

July 29, 2022 1 min read

Voyager Digital’s FDIC Insurance Claim Reprimanded by U.S Authorities

Voyager is accused by the agencies of making “false and misleading” assertions. Regulators demand that Voyager delete any and all claims and references. Embattled crypto business Voyager Digital was handed a stop and desist order by U.S. financial authorities from the Federal Reserve and Federal Deposit Insurance Corporation on Thursday.

July 29, 2022 2 mins read

Santander Brazil Will Introduce Crypto Trading Feature Soon

Santander plans to  provide its Brazilian clients with access to crypto trading. Santander has already made inroads with crypto in Latin America. Spanish banking giant Santander intends to start offering cryptocurrency trading to its clients in Brazil in the upcoming months. Mario Leao, CEO of Santander Brazil, announced this on

July 29, 2022 1 min read

Binance Launches NFT Ticketing Solutions With S.S Lazio

Cryptocurrency exchange Binance is testing its non-fungible token (NFT) ticketing solution with football club Societa Sportiva Lazio for the 2022 to 2023 season in response to the mayhem created by counterfeit UEFA Champions League tickets. A statement from Binance said that NFT tickets would eliminate ticket scalping and counterfeiting, which

July 29, 2022 2 mins read

Ethereum (ETH) Perpetual Contract Price Analysis: July 29

In Ethereum Perpetual Future (ETH) price analysis on July 29, 2022, we use price patterns, and the Moving Average of ETH to analyze the future movement of the cryptocurrency.  Perpetual contracts are derivative contracts similar to futures that have no expiration date or settlement, allowing them to be held or

July 29, 2022 3 mins read

KuCoin CEO Launched FUD Funds to Trigger Awareness

KuCoin has launched “Anti-FUD Funds” There are 3 main aims for launching the FUD Funds On the well-known cryptocurrency exchange KuCoin, users can buy, sell, and trade cryptocurrencies. Johnny Lyu, the CEO of KuCoin, has established funds for FUD, commonly known as the “Anti FUD-Fund,” to take legal action against

July 29, 2022 2 mins read