It is now possible for consumers to confirm that their crypto assets are completely backed (1:1) on Crypto.com’s platform, which is trusted by more than 70 million clients worldwide and is the market leader in regulatory compliance, security, and privacy certifications. Mazars Group, a well-known global audit, tax, and consultancy
A new amendment to Hong Kong’s Anti-Money Laundering (AML) and terrorist financing system, which includes virtual asset service providers, was recently enacted by the legislative council. On June 1st, 2023, a new licensing system for virtual asset service providers will go into effect. As a result of recently passed legislation.
Three Arrows Capital (3AC) crypto hedge fund co-founder Zhu Su is battling former FTX CEO Sam Bankman-Fried for allegedly manipulating the media and avoiding tough questions. Zhu Su resorted to Twitter today to elaborate on why he has been more active on social media since the FTX disaster. He says
Coinbase, a cryptocurrency exchange, has urged its customers to transfer from Tether (USDT) to Circle’s USD Coin (USDC), calling the latter a “trusted and reputable stablecoin.” The underlying reason for the transition is unclear, but Coinbase feels recent events have prompted the move. On December 8th, Coinbase posted a blog
The “zero fee price model” offered by Binance US is now available for Ethereum. There are currently four Ether spot market pairings available for trading without fees: ETH/USD, ETH/Tether, ETH/USD Coin, and ETH/Binance USD (BUSD). The U.S trading platform has instantly done away with gas costs for all “Buy &
In what seems to be an effort to spread crypto services throughout the European Union. Financial services major PayPal aims to establish cryptocurrency operations in Luxembourg. Users of PayPal will soon be able to trade Bitcoin and Ethereum, as well as purchase and store digital currencies. PayPal said in a
Zillion Aakar Xo (ZAX) is now listed on global crypto exchange Koinbazar. Buy, sell, & trade ZAX in the INR, USDT markets on Koinbazar. An utility token Zillion Aakar Xo (ZAX) is created with an existence on Binance Smart Chain. Notably, this token comprises the whole crypto universe in one
Algorand Coin (ALGO) is now available on the global cryptocurrency exchange Koinbazar. Users can buy, trade, and withdraw ALGO on Koinbazar which began on below date: Algorand Overview Algorand Coin (ALGO) is a most prominent, decentralized, self-sustaining, blockchain-related network which supports a wide range of applications. To note, these systems
Coinbase, a major cryptocurrency exchange, expects sales to drop significantly in 2022. According to Brian Armstrong, CEO of Coinbase, investor trust has been rattled. Due to declining prices and the bankruptcy of a competitor exchange, FTX. As a consequence, it’s possible that 2022 revenues may drop by as much as
In an effort to reassure its customers, the biggest cryptocurrency exchange, Binance, recently made public the private information that identified its hot and cold wallet addresses. Additionally, the exchange committed to sharing the future Merkle Tree of funds. In any case, the cryptocurrency exchange has delivered as promised and released
