It appears that due to the strict regulations concerning cryptocurrencies and the global economic crisis, many crypto firms are facing several hurdles when operating their business. Recently, Kraken, one of the largest cryptocurrency swaps in the world, has announced that it will be stopping its US crypto-staking business and compensating the US Commodity Futures Trading…
CZ Zhao, the mastermind behind Binance, exposed a critical loophole that was identified and dealt with swiftly by the BNB Core squad this week. Drawing on his extensive experience in the space, CZ demonstrated complete transparency about the matter, sending ripples through the crypto industry. It was thanks to his sagacity, along with the intrepid…
Cyberattacks from North Korea have become a severe issue for South Korean authorities as the country has lost over $1.2 billion since 2017 due to these terrible events. To combat these malicious activities North Korea has recently taken decisive action against rampant cybercrime by imposing its first autonomous sanctions on cryptocurrency theft and cyberattack linked…
There is no denying that cryptocurrencies have captivated the world. However, with the rise of cryptocurrency also comes the potential for increased risk which increases the tension among investors. To help investors avoid such situations the U.S. Securities and Exchange Commission (SEC) has come up with its list of priorities for 2023, and it appears…
Dubai has just announced a ban on privacy coins, setting new regulations that could have a major impact on the cryptocurrency market. This is a huge blow to privacy coin holders. What’s even more troubling is that Dubai is one of the world’s major financial hubs. So this ban could set a precedent for other…
It’s no mystery that the pandemic has had an adverse effect on the global economy. Consumers are spending less and many businesses are struggling to keep their doors open. Fintech company Affirm is feeling the pinch as well. On Wednesday, the company announced that it will be decreasing its staff by 20%. Affirm also said…
The recent earthquake that struck Turkey and Syria has brought tears to the eyes of many. The 7.8 magnitude earthquake that hit the region on Monday, has caused immense destruction and loss of life. The tragedy has been felt around the world, and the crypto community has responded with an outpouring of support. In the…
Binance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take…
The FTX scandal and its ex-CEO has been making headlines since last year when allegations of fraud arose. The media continues to follow the case and new revelations have once again sparked a flurry of activity on the internet. This time, however, the news is positive; bringing hope amidst a tumultuous period as Sam Bankman-Fried…
It’s been a remarkable year for Bitcoin (BTC) and the crypto market, with BTC surging more than 40% since January 2023. At the time of writing, the world’s largest cryptocurrency is trading at $22,789, making its total market capitalization an awe-inspiring $439. billion. This impressive rally has shown no signs of abating – inspiring many…
