crypto exchange

US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors

<div class=”featured_image_container”> </div> <strong>New York Attorney General Letitia James is seeking a court order to immediately shut down the operations of cryptocurrency exchange Coinseed. The attorney general previously filed a lawsuit against the crypto exchange but the platform allegedly continued to operate and dupe investors.</strong> US Authorities Take Urgent Action Against Coinseed The Office of …

US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors Read More »

Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins

<div class=”featured_image_container”> </div> <strong>Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins.</strong> Argentineans Like to Invest in DAI, USDC, and USDT According to …

Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins Read More »

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

<div class=”featured_image_container”> </div> <strong>The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020.</strong> IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice …

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange Read More »

Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis

<div class=”featured_image_container”> </div> <strong>Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets.</strong> Hotels Will Receive 100% of Funds in Fiat …

Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis Read More »

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers

<div class=”featured_image_container”> </div> <strong>The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas exchanges. </strong> The Impact …

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers Read More »

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’

<div class=”featured_image_container”> </div> <strong>The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country.” </strong> New Identification System Before the …

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’ Read More »

State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform

<div class=”featured_image_container”> </div> <strong>State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank custody,” the company explains.</strong> State Street Providing Tech …

State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform Read More »

XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days

<div class=”featured_image_container”> </div> <strong>The value of Ripple’s <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value …

XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days Read More »

North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report

<div class=”featured_image_container”> </div> <strong>A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb.</strong> Hackers Threatened to ‘Destroy’ Data …

North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report Read More »

Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’

<div class=”featured_image_container”> </div> <strong>In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading pair. Binance …

Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’ Read More »