Bybit registers with Indian authorities, restores services in the country
Cryptocurrency exchange Bybit has announced its comeback to India after registering with authorities in the country.
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Former Bitmain CEO Opens New Cryptocurrency Startup
The former CEO of Bitmain, one of the largest bitcoin (BTC) mining pools globally, has launched a crypto-related financial services startup, according to a Bloomberg report on July 8.Following reports on the initiative in early June, Bitmain co-founder and former CEO Wu Jihan officially launched a new crypto trading platform today that purportedly offers over-the-counter…

Bitcoin’s Price Flash Crashes $1,500 in 24 hours, Is $7,500 next?
Tuesday Sept. 24 - Bitcoin's price is retracing rapidly from over $9,800 to $8,150 in less than a day and for the first time in months.Bitcoin 24 hour price chart. Source: Coin360The Bitcoin price flash crashed hard, dropping close to $800 in just a few minutes to show double-digit losses, down 11.4% while currently trading at…

BitPay Partners With Binance to Support BUSD Payments in 50 US States
BitPay and Binance have partnered to provide the payment firm’s 2 million individual and merchant customers with access to Binance’s stablecoin BUSD. Top blockchain payment service provider BitPay has partnered with Binance to support the exchange’s stablecoin BUSD. The stablecoin is now available to BitPay’s 2 million individual and merchant customers.BitPay’s wallet launched support for…

What keeps Bitcoin price similar across different crypto exchanges?
Bitcoin trades in countless locations across the globe, including on numerous exchanges. The asset, however, largely trades near the same U.S. dollar value across the market, aside from some countries’ outlying price action from time to time. How is this possible? Numerous trading products exist in the crypto space, including Bitcoin (BTC) futures and options, but…

Paxos to issue USD stablecoin in Singapore, wins initial approval
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. 239 Total views 6 Total shares Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.In a Nov.

UN report says North Korea behind $281M exchange hack to fund nukes
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs. 3784 Total views 15 Total shares The United Nations has accused the North Korean state of stealing $281 million worth of crypto from an exchange during September 2020.According to Reuters, the findings…

Bitcoin follows fresh US stocks dive as analysis ‘expects’ BTC price to take $37.5K liquidity
Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21's losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo let-up for stocks or crypto as losses mountData from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on April 22, hitting lows of $39,197…

Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash
“Regulators can get comfortable with privacy-enabling cryptos,” Gemini says. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, aims to improve user privacy with a major privacy token, Zcash (ZEC).Starting Sept. 29, Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data.Gemini representatives said that the new feature is the…