Wed, September 30

Search Results for: Cryptocurrency

Crypto Market Conditions Heat Up Swiss Regulatory

Switzerland’s Finma CEO states that the crypto market needs stricter regulations. The volatile market resembles the 1928 US stock market. Swiss Financial Regulations joins the list of nations planning to implement stricter laws and restrictions on cryptocurrency and its market. The reason being stated is to protect the investors and

June 24, 2022 2 mins read

United States Largest Hispanic Supermarket Chain To Install Crypto ATMs

There will be Shiba Inu and Bitcoin Automated Checkouts shortly at one of the largest Hispanic grocery chains in the United States, “Cardenas Markets.” The supermarket has 59 locations in significant states, including California, Nevada, and Arizona, and is the largest in the country. An American supplier of Digital Currency

June 24, 2022 2 mins read

Coinbase Diversifies Options with Polygon and Solana

Coinbase exchange launches the first crypto derivatives product that Nano Bitcoin features (BIT) on June 27. The worldwide volume of the crypto derivatives market is $3T. On Thursday, Coinbase American-based crypto exchange platform announced that it will allow users to send and receive cryptocurrency on a multiple-networks, starting with Polygon

June 24, 2022 2 mins read

CoinFLEX Exchange Pauses Withdrawal Citing Extreme Market Conditions

More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, has halted withdrawals, joining a growing number of companies that have done the same. CoinFLEX said today that it has

June 24, 2022 2 mins read

Polygon (MATIC) Price Surges Following Massive Whale Accumulation

There has been an 8.7 percent increase in the total value of MATIC wallets. MATIC’s price has climbed to a high of $0.50, a 60% gain in 4 days. Polygon (MATIC) departed from its normal negative trajectory this week, achieving one of the most pronounced rises in the crypto market.

June 23, 2022 2 mins read

Much Needed Crypto Incident Response Program Launched by Chainalysis

An asset recovery attorney and law enforcement liaison may be provided upon request. Chainalysis investigators have worked with commercial and public sector organizations. Crypto Incident Response is Chainalysis’s new quick response solution for organizations targeted by a cyber-attack or unauthorized network penetration that includes theft or demand for a cryptocurrency.

June 23, 2022 2 mins read

Indian Investors Might Face 28% Additional Crypto Tax in the Form of GST

Two days from June 28 to 29, a panel of India’s top economic decision-makers will debate whether to levy an additional 28% tax on crypto transactions. In addition to the existing bitcoin income tax of 30%, the proposed tax will be imposed. Many believe that the two-day meeting won’t allow

June 23, 2022 2 mins read

NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

SOUTH BEND, Indiana, 23rd June, 2022, Chainwire   SIMBA Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset, will

June 23, 2022 3 mins read

Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement

Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues mentioned in the OSC’s Statement of Allegations from June 21, 2021. Bybit contemplates various actions under the Settlement Agreement and the related Undertaking while participating in registration negotiations

June 23, 2022 2 mins read

FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market

The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like FalconX continue to get investments from VCs, despite the current gloomy trend in crypto markets. As part of its Series D fundraising round, FalconX, an institutional-level digital

June 23, 2022 2 mins read