Abra Bank will debut in 2023 as the first licensed US bank as per the platform. Abra will also debut a new product called Abra Boost. Abra, a cryptocurrency exchange headquartered out of California, has announced that it would establish two banks: Abra Bank and Abra International. Customers and companies
Investors may speculate on the price of the second-largest cryptocurrency. The merging event planned for later this week is a major factor in the soaring demand. One of the world’s largest derivatives exchanges, CME Group, will soon provide Ethereum options contracts. Derivative instruments, such as options and futures, provide investors
After September 12th, users will no longer be able to add funds to their coin’s wallet. Tornado Cash, an Ethereum-based mixing service, was recently sanctioned. On September 6, the cryptocurrency exchange Huobi said it will no longer trade Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC),
WazirX accounts Unfrozen by India’s Enforcement Directorate. Finance Minister brought the illegal loan apps with connections to China into the spotlight. WazirX, a cryptocurrency exchange, announced on Monday that, more than a month after the Enforcement Directorate (ED) of India had frozen its bank accounts had been “Unfreeze.” The ED
Voyager has been trying to refund some of its consumers alongside the selling process. Voyager’s attorneys took offence to this and called it a “low-ball” offer. On Tuesday, a court filing confirmed that the assets of bankrupt cryptocurrency broker Voyager Digital would be auctioned off the following week. Following a
$LEASH’s all-time-high (ATH) price was more than $8983 at one point, a year ago. Recently, Bitmart announced the listing of Bone ShibaSwap (BONE). BlueBit is the newest crypto exchange to offer Doge Killer (LEASH) from the Shiba Ecosystem. SHIB and BONE, the two other tokens, were already on the list,
The Brazilian Securities and Exchange Commission (CVM), recently announced the ban of prominent cryptocurrency exchange, Bybit. According to the official announcement, the regulatory body ordered the suspension of Bybit, from engaging in the securities brokerage business. CVM stated: “Public offering of any securities intermediary services, directly or indirectly, to Brazilian
Meirelles is all set to join Binance’s advisory board. In 2003, Henrique Meirelles was elected president of the Central Bank of Brazil. Despite the ongoing Crypto Winter, the world’s biggest exchange by trading volume, Binance, is making strides to grow its staff. A former governor of Brazil’s central bank has
This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second
The new digital economic zone will assist companies make the switch to blockchain. Collaboration would attempt to establish a “virtual free zone” similar to Dubai’s. Binance and Nigeria are in talks to establish a blockchain-based digital economic zone in Nigeria. The team at Binance has been on a massive expansion
