Bybit confirms withdrawals are active, warns of delays
In a livestream, Bybit CEO stated that 70% of transactions have successfully gone through, though some users may experience delays due to network congestion.
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Swiss Bankers Ease Access for Crypto Startups to Prevent Mass Exodus
The Swiss Bankers Association (SBA) has issued basic guidelines for banks working with blockchain startups on Friday, September 21. As Reuters reports, the measure was taken to prevent a mass crypto exodus out of Switzerland.The document states that banks see blockchain as an opportunity for Switzerland to house financial and technology startups despite "risks," especially…
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Temasek-backed blockchain VC firm to start new investment fund: Report
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.
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Binance executive collapses during Nigeria trial for money laundering
Gambaryan missed a court appearance on tax evasion charges but managed to attend the money laundering trial on the same day.
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Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign as it shows that market participants are not growing nervous before a slew of central bank meetings take place next week. The United States Federal Reserve, European Central Bank and Bank of England are…
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Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO
Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. 255 Total views 11 Total shares Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests.In a Twitter discussion on May 1, Travis Kling,…
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What short squeeze? Here’s what is really behind XRP’s recent 170% rally
Between Jan. 30 and the early hours of Feb. 1, XRP price pumped 147%, reaching $0.76 which is its highest level in two months. The move seems to have been fueled by r/Satoshistreetbets, an off-shoot of r/Wallstreetbets.It seems that speculative social media group-based investing is becoming a trend so let’s take a look at what…
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Ether staking could trigger securities laws — Gensler
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws. 731 Total views 6 Total shares Ethereum’s upgrade to proof-of-stake may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC).Speaking to reporters after the Senate Banking Committee on Sept.…
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California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place.