El Salvador marks three years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
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Robinhood suspends instant deposits for crypto purchases over DOGE spike
Market mayhem continues as WallStreetBets takes on crypto. 4808 Total views 24 Total shares Stock and cryptocurrency-trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Jan. 29, citing "extraordinary market conditions."Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take up…
Japanese Financial Watchdog Launches Investigation Following $60 Million Exchange Hack
The Financial Services Agency (FSA) of Japan has launched an investigation after $60 million worth of cryptocurrencies were allegedly stolen from local crypto exchange Zaif, Cointelegraph Japan reports Friday, September 21.According to the report, the FSA has sent its staff to Tech Bureau — Zaif's parent company based in Osaka — to verify whether the…
Kraken crypto exchange is next to close doors to Russian users
Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.On Oct. 19, Kraken sent out email statements to its Russian clients to announce that the exchange is halting services to its Russian customers.“Due to the new European legislation, we have to take…
Top-20 Coins Experience Downward Trend, BTC Sticks Near $8,600
Thursday, Oct. 10 — Following an impressive rally yesterday, major crypto markets have slowed to trade in the red over the past day. Bitcoin (BTC) has stuck to $8,600, while other major coins are experiencing a downward trend.Cryptocurrency market daily overview. Source: Coin360After jumping from an intraday low of around $8,200 up to nearly $8,600…
Venezuela extends reorganization shutdown of crypto agency to March 2024
The government will spend six additional months reorganizing the entity, which it shut in March 2023. 383 Total views 3 Total shares Venezuela was one of the first Latin American countries to establish its own crypto oversight body, launching the Superintendencia Nacional de Criptoactivos (Sunacrip) in 2018. However, the government now says it will take
Sixth Swiss Bank Joins SDX Crypto Exchange
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins the Central Securities Depositary of SDX. 134 Total views 2 Total shares Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion (6.6 billion Swiss francs) in assets, has joined the Central Securities Depositary of the crypto exchange SDX. According to the press
China Central Television airs crypto segment in rare move
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Dreading September? Bitcoin price hopes to break the slump trend
Bitcoin (BTC) has been struggling to break the $50,000 mark for over 10 days now. However, on Sept. 2, the premium cryptocurrency briefly surpassed the milestone, sending positive ripples across the market. Since then, the token has dropped below the mark to trade in the $49,000 range before rebounding to hit the $50,000 mark yet…