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Search Results for: crypto adoption

Canada-based Coinsquare Acquires CoinSmart Exchange

Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with authorities. Justin Hartzman co-founded CoinSmart and has served as its CEO. After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying. Thursday, Coinsquare

September 24, 2022 2 mins read

Binance Gets Key Advisors for New Global Advisory Board

Former Obama campaign manager and senior advisor David Plouffe is now onboard. The board is chaired by the former senator and ambassador to China, Max Baucus. Binance, the largest cryptocurrency exchange in terms of trading volume, has formed a Global Advisory Board comprised of industry leaders who will provide counsel

September 23, 2022 2 mins read

Totality Corp Founder: India Seeing NFTs as Gambling 

The founder and CEO of Totality Corp, Anshul Rustaggi, shared cultural and social obstacles in an interview with Cointelegraph. And he said that Indian government regulation prevents the widespread adoption of Non-fungible tokens (NFTs) in the country.  According to Rustaggi, cryptocurrency trading and NFT collections are considered as risky investments,

September 21, 2022 1 min read

Explore COSMOS with 1xBit

1xBit continues to onboard projects and develop features to create a better user experience. Based on this commitment, COSMOS is now on 1xBit, and bettors can utilize this cryptocurrency for their payments, stake, and withdrawals. What is Cosmos? COSMOS bills itself as a project looking to democratize the cryptocurrency industry

September 8, 2022 3 mins read

Turkey-based Thodex Exchange CEO Finally Under Arrest

Interpol has begun the formalities necessary to extradite Zer back to Turkey. Local prosecutors are apparently seeking hundreds of years in prison. According to a statement released by the Turkish Ministry of Interior, the CEO of crypto exchange Thodex was apprehended in Albania. An international warrant was issued for Faruk

August 30, 2022 1 min read

Encryptus and Azadi Embark Upon an NFT Journey To Build Ingenious Use Cases

Institutional investments in cryptocurrencies are rapidly increasing despite the current adverse bearish pattern that has dominated the global crypto markets in the last months. The past few weeks have seen fairly consistent trading volumes for Encryptus, a transparent and licensed platform for institutional crypto assets.  It is on this premise

August 13, 2022 3 mins read

Fashion House Gucci Now Accepts ApeCoin (APE) in U.S Stores

The move represents an extension of the fashion label’s presence on the web3. Gucci will be the first brand to accept ApeCoin. At select Gucci locations in the United States, customers may now purchase with ApeCoin via Bitpay. In one of its latest tweets, Gucci announced the news. In a

August 3, 2022 1 min read

Solana All Set To Open Physical Store ‘Solana Spaces’ in New York

The team designed the space to be a “cultural center” and “embassy” for Solana.  Consumers may also take part in an interactive art piece and shop for Solana products. There will soon be a Solana-themed shop in New York City. The Solana Foundation, the group behind the Solana blockchain network,

July 28, 2022 2 mins read

Andorra Adopted Legislative Framework Dubbed ‘Digital Assets Act’

Andorra, a little European nation between France and Spain, casts a ray of hope for the future. Government officials in Andorra recently adopted a legislative framework for digital currencies and blockchain technology called the Digital Assets Act, which the country’s General Council passed. First Step Towards Crypto Adoption This is

July 17, 2022 2 mins read

Ripple CEO Discloses the Expenses for Its Lawsuit Against SEC

Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC)  financial expense, they will

July 16, 2022 1 min read