Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more

South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9.The crypto exchange, a joint project by South Korea and China which opened May 2018, states in the post that due to “recent issues,” they have “come to the…

Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, as cryptocurrency markets initiated a sharp drop on May 12, the trend started to reverse, and since then, Ether has underperformed by 25%.Some might say it is a…

As the first month of 2022 drew to a close, the internet was abuzz with trend predictions for the year ahead. Bloggers, Twitter influencers and established business moguls alike were, and still are, incredibly excited about the new opportunities afforded by an explosion of innovation in Web3. However, something you may have missed in scrolling…

Toshi, the open source decentralized app (DApp) browser and wallet developed by Coinbase, will reportedly support Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC) “very soon,” according to an official Medium post published August 15. The wallet, which has initial support for Ethereum (ETH) and ERC-20 tokens, has also been rebranded to become “Coinbase Wallet.”…

Cryptocurrency payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin (BTC). The development was announced in a press release shared with Cointelegraph on April 30.Refundo’s new product dubbed CoinRT allows taxpayers to receive all or a portion of…

SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years.

Tokyo police arrested two men in connection to the Coincheck hack on March 11. The men are accused of purchasing stolen NEM (XEM) through a dark web market, in violation of a law designed to tackle organized crime.As reported by Japan Times on March 11, Tokyo’s Metropolitan Police Department arrested a doctor from Hokkaido and…

nginx/1.17.3

Monday, Oct. 22: markets have taken a slight downtrend after trading sideways last week, with 15 of the top 20 digital currencies by market capitalization in the red, and Bitcoin (BTC) trading around $6,400, according to data from CoinMarketCap.Market visualization by Coin360The BTC price has been trading in a narrow corridor from $6,372 to $6,730…