Telegram CEO Pavel Durov’s arrest has worrying implications for crypto
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.
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BitPay launches mass crypto payments for businesses
BitPay Send allows businesses to issue mass crypto payments around the world without having to hold any crypto themselves. 1278 Total views 2 Total shares Crypto payment services provider BitPay has launched BitPay Send, a new blockchain-powered mass payout platform for businesses.BitPay Send allows organizations who do not want to handle or own crypto themselves…
Corporate disclosure is the only way to get crypto institutionalized
Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from…
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news
Central Bank Digital Currencies Could Have Legitimate ‘Role,’ Says IMF’s Lagarde
The head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs) in a speech at the Singapore Fintech Festival Nov. 14.IMF managing director Christine Lagarde said that despite being “not entirely convinced” on the concept of cryptocurrencies more generally, there may be a case…
Bitcoin traders anticipate new yearly lows after BTC’s $25K rejection — Data disagrees
Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders to predict a move back toward the yearly low in the $18,000 range.The price action coincided with worsening conditions for tech stocks, including…
Binance temporarily halts Polygon deposit and withdrawal to sync nodes
Polygon claimed that the temporary halt by Binance was done to upgrade and synchronize the nodes as the bug issue has been resolved and the network is stable. 520 Total views 5 Total shares Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and…
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports. 595 Total views 10 Total shares The Ministry of Culture and Information of the Republic of Kazakhstan has officially confirmed it has blocked
Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000.