Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet
Bit2Me acquired a majority of stake from Fluyez for more than $1.022 million. Apart from Fluyez, the platform is also eyeing other crypto exchanges. According to the latest announcement from the Spanish crypto exchange Bit2Me, the firm has obtained an 85% stake from the Peruvian crypto trading platform, Fluyez. Andrei
Crypto.com gained regulators’ approval. Crypto.com has over 50 million users worldwide. Today, the Singapore-based cryptocurrency exchange Crypto.com announced that the Italian monetary regulators Organismo Agenti e Mediatori (OAM) had granted it permission to operate in Italy to provide cryptocurrency and digital wallet services to Italian Users. Crypto.com is the world’s
Crypto exchange Blockchain.com lost $270 million from Three Arrows Capital. Recently, 3AC failed to repay the loan of around $665M to Voyager Digital. According to Peter Smith, the CEO of prominent cryptocurrency exchange Blockchain.com, the firm loses over $270 million on loans from the crypto hedge fund, Three Arrows Capital
Ivan Tikhonov founder disagrees strongly with the prosecutor’s verdict. He wished that during the preceding the media was allowed through internet. Bit-Media, a prominent news outlet in Russia, was delisted a week ago after being blocked by Roskomnadzor, the country’s watchdog for telecom and mass media. This was done because
Bitstamp canceled an inactivity fee of €10. The exchange trading volume dropped below $55 million. Today, Europa’s biggest cryptocurrency exchange by trading volume Bitstamp dropped the proposal to impose an inactivity fee of €10 ($10.20) following the feedback received from the platform users. On Friday, the exchange found a new
Bitstamp exchange laid a €10 fee on some inactive accounts. Customers should maintain a €200 balance. The world’s longest-standing cryptocurrency exchange Bitstamp intends to impose a monthly inactive tax on a subset of its users, in order to offset the impact of the market decline on the platform’s trading volume.
BitMart announced it will list TrustWallet (TWT) on July 4. TrustWallet will create a buzz among the crypto market after listing. Investors believe that TWT might reach $0.90. BitMart is a global crypto trading platform that allows users to sell, buy and trade cryptocurrencies. Hundreds of cryptocurrencies are listed on
According to the latest market overviews from Forbes, now there are nearly 600 crypto exchanges worldwide. No wonder newbies get lost when they try to find the best place to trade crypto. These days, when all eyes are on the crypto crash and investors doubt whether they’ll get over it,
BlockFi receives a $250 million umbrella loan as per CEO Prince. BlockFi revealed early last week that it was cutting 20% of its personnel. BlockFi and FTX have teamed together to provide a new credit line. Cryptocurrency exchange FTX has granted BlockFi a $250 million credit facility, according to CEO
