FTX collapse led to the winding down of cryptocurrency trading and custody services once again in 2022 crypto history. As the crypto market recovers with the start of 2023, Today the global cryptocurrency market turned to bullish price momentum. Also, the market cap of all cryptos increased to $889 billion.
The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the United States District Court of Southern District of New York on Monday against the “Mango Markets exploiter” Avraham Eisenberg for indulging in illicit market manipulation. This is the first time CFTC will charge an illegitimate trader with
NEW YORK–(BUSINESS WIRE)–Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced that it will fully exit the crypto-asset related vertical. This decision follows a careful review by the Board of Directors and management and reflects recent developments in the crypto-asset industry, material
As the global cryptocurrency market attained a rapid bullish outlook, the leading cryptocurrencies experienced a dramatic price surge. Let’s take a look at the top 5 cryptocurrency gainers of the past 24 hours. Zilliqa (ZIL) Zilliqa (ZIL) is the utility token of the Zilliqa ecosystem. The layer-1 public blockchain, Zilliqa,
Just days after two former workers purportedly warned at the prospect of closure. Crypto payment firm Wyre amended its withdrawal policy to prevent customers from cashing out up to 90% of their funds. In “the best interest of our community,” Wyre limited withdrawals on the platform on January 7. To
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently experiencing positive price momentum amid the markets’ surprising “green turn.” According to CoinMarketCap (CMC), the 8th largest cryptocurrency is now trending in the global crypto market after attaining a significant price surge of 20.11% during the past 24 hours.
Last week, the Thai Securities and Exchange Commission (SEC) announced the opening of “Crypto Academy.” An initiative to make available educational materials and training programmes on cryptocurrency and related topics. The regulator said that the program’s goal is to educate the public about digital assets and blockchain technology. So that
TeraExchange, a centralized cryptocurrency exchange, recently stated on Twitter that it has added support for Shiba Inu. Moreover, the post highlighted the platform’s enthusiasm for making one of the most popular meme currencies accessible for trade on the centralized platform. In the release, it was stated that effective on January
The Ferrari racing division, known as Scuderia Ferrari, has severed ties with its cryptocurrency sponsor, joining a growing number of Formula One racing teams doing so. Ferrari lost $55 million after terminating its multi-year collaboration arrangements with Velas Blockchain and chip manufacturing giant Snapdragon in preparation for the 2023 season.
Cryptocurrency miners in Kazakhstan have been subject to a progressive scale. For the calculation of their monthly power fees as of January 1. The first universal fee, implemented in the summer of 2021, was 1 Kazakhstani tenge ($0.002) per kilowatt-hour (kWh). But it may currently exceed 25 tenge (above $0.05).
