Category: Buying Cryptocurrency
Crypto Has No Fundamental Value – US 2023 Economic Report
In its 2023 economic report, the US White House presented several arguments against crypto assets. The White House asserted that they are primarily speculative investment…
Bitget Acquires $30 Million Stake In BitKeep
Bitget, a crypto exchange headquartered in Seychelles, has acquired a controlling stake in the decentralized multi-chain wallet firm, BitKeep, by investing $30 million in its…
MetaMask Unveils Solo Ethereum Staking Marketplace
MetaMask Institutional aims to serve as a platform for establishing new validators on the Ethereum network. As a result, the platform has unveiled a new…
US SEC Sues Justin Sun And Eight Celebs For Crypto Fraud
The United States SEC (Securities and Exchange Commission) has filed a lawsuit against Justin Sun, the founder of Tron, and three of his firms, Rainberry…
Extradited OneCoin Top-Level Executive Faces 40-Year Prison Sentence In The US
Recently, a significant development has occurred in the saga of the now notorious crypto-currency, OneCoin. The head of compliance at the company, Irina Dilkinska, has…
Mastercard Partners With Stables To Help Users In APAC Spend Stablecoins
Mastercard, a global payment platform, recently announced a partnership with Stables, an Australian stablecoin firm, to integrate their digital wallet with Mastercard’s international payment services….
Tether Mints Over $1B USDT On The Tron Network As USDT Dominates Stablecoin Market
Following the billions of USDT minted over the past week, Tether, a stablecoin issuer, has minted USDT stablecoins worth $1 billion on the TRON network….
ZenGo Discovers ‘Red Pill Attack’ Flaw In Web3 Apps
The developers of ZenGo, a crypto wallet, recently published a blog post revealing security flaws in transaction simulation solutions employed by well-known decentralized applications (dApps)….
OKX To Close Canadian Operations By June 2023
In recent years, the cryptocurrency sector has been subjected to a wave of legislative reforms, which has caused several cryptocurrency companies to reevaluate their business…
Crypto.com Receives MVP Preparatory License from Dubai’s VARA
On Monday, Crypto.com, a crypto exchange firm, announced in a blog post that it has reviewed an MVP (minimal viable product) preparatory license from the…
BTC ATM Firm Closes Cloud Service After Recent Attacks On Users’ Hot Wallets
General Bytes, a BTC ATM producer, closed its cloud services due to a “security vulnerability” that allowed bad actors to access customers’ hot wallets and…
US Banking Crisis Spurs 15% Increase In Crypto App Downloads
The US Banks crisis has been dragging on for months with no end. As the crisis continues to affect the US economy, people are looking…
Bitcoin Fear/Greed Index Soars to All-Time High as BTC’s Price Surpasses $28,000
It’s been a rollercoaster ride for Bitcoin investors this year. The cryptocurrency reached a new all-time high of over $69,000 in November 2021 before crashing…
Coinbase To Set Up Office Overseas As US Crypto Crackdown Continues
Per reports, Coinbase has notified its institutional clients of plans to establish a new offshore trading platform. Besides, the stringent regulatory landscape in the US…
U.S. Congressman Accuses FDIC Of Attacking Cryptocurrency Amidst The Recent Bank Crises
Tom Emmer, Congressman from the United States and the current House of Representatives majority whip, has expressed his apprehension regarding the current bank crises. According…
Bank Failure Fallout: Yellen Proposes A Refund Of Only Systemic-Risk Banks
In the face of two high-profile bank failures in the country, Janet Yellen, the Treasury Secretary of the United States, asserted that the federal government…
KuCoin Spearheads A $10 Million Funding Round For The Issuer Of Yuan-pegged Stablecoin
The investment division of a prominent crypto exchange, KuCoin, is taking steps to endorse the stablecoin projects by supporting a stablecoin issuer pegged to the…
UAE And India Will Work Together To Develop Digital Currencies
To explore the possibility of interoperability between their respective CBDCs, the UAE — United Arab Emirates and India have announced plans to conduct pilot programs…
MEV Rewards Via Ethereum Records A New All-Time High
The recent collapse of SVB and its implications for the cryptocurrency industry have caused validators running the ETH network to experience a substantial surge in…
India’s SVC Bank Clears The Air Over SVB Mix-Up
Last week saw a tense period in the crypto industry with the collapse of the US-based Silicon Valley Bank, which sent shockwaves across the business…
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