Category Archive: Cryptocurrency, No picture
Coinbase Approved to Offer Crypto Custody in Germany
Key Takeaways Coinbase has received a new crypto custody license to operate in Germany. The company has shown a commitment to work with national regulators. Meanwhile, other crypto exchanges have fallen short of regulators’ expectations. Coinbase has become the first company to receive a crypto custody license to operate in Germany. Coinbase Embraces German Regulation […]
Phemex Paying Crypto For Watching Educational Videos
Key Takeaways The videos in Phemex’s Learn & Earn program are approximately 60 seconds in length Users can take a quiz to test their knowledge and earn a trading bonus The trading bonus can be spent on the Phemex platform This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Phemex users […]
Crypto.com Taps Circle for USDC Wire Transfers
Key Takeaways Crypto.com users will be able to directly send and receive USDC in their crypto wallets using wire transfers. USDC-based wire transfers are expected to reduce the friction that is usually associated with global wire transfers. Crypto.com users will be required to attach a unique code used for processing and conversion of dollars to USDC. […]
Huobi Halts Crypto Derivatives Trading for Chinese Users
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. In response to China’s crypto crackdown, Huobi has imposed a limit on derivatives trading for Chinese residents. Huobi Curbs Derivatives Trading Huobi has barred customers based in China from trading derivatives. The exchange updated its user agreement earlier today outlining the changes. […]
Polygon Project SafeDollar Crashes to Zero After Attack
Key Takeaways Algorithmic stablecoin SafeDollar (SDO) has crashed to zero following an exploit. Attackers exploited a vulnerability and drained almost $250,000 from SafeDollar’s liquidity pools. The team has said it is not responsible for the attack. It’s also promised to publish a post-mortem report. This news was brought to you by ANKR, our preferred DeFi […]
Ethereum Surges 10% as EIP-1559 Draws Closer
Key Takeaways Ethereum rallied 10.2% Sunday night. Much of the crypto market also saw gains, with Bitcoin rising 5.5%. Ethereum’s highly anticipated EIP-1559 update is due to ship in July. Ethereum has rallied 10.2% in the last 24 hours, breaking the key psychological resistance of $2,000. Ethereum Sees 10% Surge Ethereum surged over 10.2% Sunday […]
Elon Musk and Jack Dorsey Are Ready to Talk Bitcoin
Key Takeaways Jack Dorsey, CEO of Twitter and Square, has announced a Bitcoin conference called the “The B Word.” Elon Musk, CEO of Tesla, has agreed to discuss Bitcoin with Dorsey when the event takes place next month. The conference will take place on July 21, 2021. Two popular tech leaders are preparing to discuss […]
Meson Network Raises $3.5M for Bandwidth Marketplace
Another crypto project closes a successful funding round. Meson Network Completes Raise Meson Network, a project focussed on building an efficient bandwidth marketplace for Web3, has raised $3.5 million in a funding round. The round was co-led by Libertus, Mask Network, and Hash Global, while other participants included Digital Currency Group, Youbi Capital, Hashkey, Zonff, […]
Jay-Z Selling Debut Album NFT at Sotheby’s
Iconic auction house Sotheby’s today begins the auction of a Jay-Z-commissioned NFT titled “Heir to the Throne.” Jay-Z Marks 25 Years of “Reasonable Doubt” Shawn “Jay-Z” Carter is the latest celebrity to join the NFT craze. Sotheby’s and Roc Nation will auction a one-of-a-kind digital portrayal of the cover for Jay-Z’s debut studio album “Reasonable […]
Japanese Regulator Issues Warning to Binance
Key Takeaways Japan’s financial regulator has published a formal warning to Binance, the world’s largest exchange. The warning states that Binance engaged as a crypto exchange business without registering with the regulator. In 2020, Binance confirmed it would phase out its service to Japanese residents. Japan’s Financial Services Agency has issued a warning against Binance for […]
