Tue, September 1

Bybit Launches Mastercard Powered Crypto Debit Card

The world’s significant crypto exchange, Bybit, revealed the launch of the “Bybit Card”. The debit card allows users to make payments and withdraw cash using cryptocurrency holdings. And is powered by the world’s second credit card giant, Mastercard network, and issued by Moorwand, a London-based payments solutions provider.  Bybit co-founder

March 7, 2023 1 min read

Crypto Exchange Kraken Inching Closer To Open Its Own Bank

Kraken, a struggling cryptocurrency exchange, is apparently edging closer to its concept of founding its own bank. The exchange has made this decision after receiving a penalty from the U.S. Securities and Exchange Commission (SEC) for failing to register its crypto asset staking programme. According to a podcast appearance by

March 6, 2023 1 min read

Binance Temporary Ban’s Ukraine’s Hryvnia Currency Bank Cards

Binance, the biggest cryptocurrency exchange in the world, and Kuna, one of the largest in Ukraine, have both announced temporary bans of activities using bank cards denominated in Ukrainian hryvnia. Moreover, both exchanges validated the existence of the issues related to such trades. The trading platform stated in a Telegram

March 5, 2023 2 mins read

Crypto Exchange Bybit Halts USD Deposits Via Bank Transfer

Bybit, one of the leading cryptocurrency exchanges, said on Saturday that it has temporarily suspended bank transfers of US Dollars. The exchange blamed interruptions in service from its banking partner but did not specify which bank was at fault. Since Silvergate voiced worries about liquidity challenges and difficulty for operations

March 5, 2023 2 mins read

U.S DOJ Suggests Curbs on Sam Bankman-Fried’s Use of Digital Devices

U.S. officials will provide former FTX founder Sam Bankman-Fried with a new phone and a laptop with enhanced security measures. As part of the new bail regulations, the mobile device must be a flip phone or “non-smartphone.” And internet access on the laptop must be restricted to just whitelisted sites.

March 4, 2023 2 mins read

Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B

Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko

March 4, 2023 1 min read

Ark Invest Led by Cathie Wood Yet Again Buys Coinbase Shares

After making significant acquisitions in February, Ark Invest, an investment management business managed by Cathie Wood, continued its purchasing binge in March, adding additional Coinbase shares to its portfolio. Having just released Base, an Ethereum Layer-2 blockchain, and having purchased One River Digital Asset Management, investors are looking favorably on

March 4, 2023 1 min read

Binance Announces Anti-Scam Program With Law Enforcement Authorities

Binance has announced that it would be working with law authorities on a new Anti-Scam initiative. The crypto exchange platform released a statement announcing the cooperation, which will see the newly created cyber security measures roll out worldwide. According to the press release, the partnership with the Hong Kong Police

March 4, 2023 2 mins read

Crypto Exchange Coinbase Acquires One River Digital Asset Management

One River Digital Asset Management is a top institutional digital asset manager and SEC-registered investment advisor, and it was recently bought by Coinbase Global Inc., the biggest cryptocurrency exchange in the United States.  As a result of the purchase, One River will serve as Coinbase Asset Management’s flagship operation, advising

March 3, 2023 1 min read

Bybit and Talos Collaborate To Boost Digital Assets Trading Expansion For Institutional Clients

The third-most visited cryptocurrency exchange in the world, Bybit, has announced an exciting cooperation with Talos, the leading supplier of institutional digital asset trading technology. The integration combines the strength of Bybit’s access to a broad range of digital assets and best-in-market enterprise solutions, such as trading execution with accuracy, with

March 3, 2023 2 mins read