Volatility resulting from selloffs triggers further regulations in crypto
Cryptocurrencies are notorious for their volatility, but the crypto market has recently shrunk to an all-time low this year. The cryptocurrency market cap reached a...
Author : Mridul Srivastava
Worldwide crypto ATM installations fall 32%
During the year 2022, there was a decrease in the number of crypto ATMs throughout the world. Many crypto assets saw their value plummet as...
Crypto is becoming part of the mainstream payment system
A cryptocurrency is built on blockchain technology, which is used as a medium of exchange, creating value for its users by providing low transaction costs...
Lender Celsius Is Accused of Operating as a Ponzi Scheme
A former money manager for Celsius Network, a crypto lender whose assets were frozen last month, claims the company failed to hedge its risks and...
Union Bank of India Launches the Metaverse Lounge and the Open Banking Sandbox environment
The Union Bank of India has launched the Open Banking Sandbox and Metaverse Virtual Lounge. Tech Mahindra is a co-sponsor of this project. FUni-verse, the...
A Digital Awards Ceremony Will Be Held in the Metaverse by Spain’s Largest Bank, Santander
As blockchain and cryptocurrency industries flourish, major financial organisations have become increasingly interested, with Santander preparing a metaverse awards ceremony. What’s Happening? The company announced...
Binance can now operate in Spain with its Subsidiary
The Virtual Asset Services Provider (VASP) registration for Binance’s subsidiary has been granted by the Bank of Spain. Moon Tech Spain, the company’s subsidiary in...
CoinDCX and CoinSwitch are under the scrutiny of the ED, Bengaluru
According to sources, the Enforcement Department of Bengaluru has sent out notices to CoinDCX and CoinSwitch under suspicion of violating FEMA regulations. The two cryptocurrency...
Global crypto exchanges are shutting down operations or freezing funds
Several crypto exchanges all around the world have halted their deposit and withdrawal operations. Due to this, people are raising concerns over the safety of...
Boring Company will accept Dogecoin for Loop Rides
The Boring Company, which is a subsidiary of Elon Musk’s Tesla and SpaceX companies, is now accepting Dogecoin as payment for Loop trips. The Boring...