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...
Category : Crypto
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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...
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...
The US and Korea support each other to stop crypto scams
Recently, LUNA, a blockchain-based cryptocurrency, collapsed from $12.24 billion to $555 million in May and has made South Korea and the United States work together....
Voyager, a cryptocurrency exchange platform, declares bankruptcy
Voyager is a New Jersey-based crypto lending platform that filed for bankruptcy on Wednesday, the 6th of July. The firm gave estimates of lending more...
Meta’s NFT plans continue despite crypto programme end
In the wake of announcing the discontinuation of its Novi project, Meta said that its other crypto initiatives were proceeding as planned. NFTs have been...
Rumours of acquisition are in the air: Nexo is very likely to take over the cryptocurrency exchange — Vauld
On the 4th of July, the cryptocurrency exchange Vauld had to suspend deposits, withdrawals, and even trading on its platform. After all the transactions were...