UAE saw 41% increase in crypto app downloads in 2024 — AppsFlyer
Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption.
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Nexo hires Citibank to advise on acquisitions during market turmoil
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. 745 Total views 16 Total shares Crypto lending platform Nexo, says that its strong balance sheet means it can ride to the rescue to provide liquidity during the current market turmoil by acquiring the assets…

France updates its crypto licensing regime to synchronize with MiCA
The amendments will become obligatory by January 1, 2024 and must be taken into account in by applicants for enhanced DASP registration. 64 Total views 2 Total shares In France, amendments to the existing crypto regime will come into effect in next year to align national regulations with the pan-European framework, set by Markets in…

Cryptocurrency Exchange OKEx Korea Delists XMR, DASH, ZEC, ZEN, SBTC
Cryptocurrency exchange OKEx Korea announced the end of Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) trading as of today, Oct. 10.Per the Oct. 2 announcement, the assets have been delisted today. A previous version of the announcement was published on Sept. 10. That being said, since then the support for privacy…

Cryptocurrency Exchange IronX Launches Following $26 Million ICO
Cryptocurrency exchange IronX has launched for the public following a $26 million initial coin offering (ICO), technology-focused media outlet The Fintech Times reported on April 4.IronX is a regulated trading platform that was jointly established by digital trading firm IronFX and EmurgoHK, developers of the ninth-largest crypto by market cap, Cardano (ADA) in October of…

SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.” 86 Total views 6 Total shares Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play…

Bitfarms settles outstanding loan with BlockFi for $7.75M
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022. 92 Total views 2 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) miner Bitfarms has settled its debt obligations with BlockFi, closing the chapter on its short relationship with the bankrupt cryptocurrency lender. On Feb.…

Early Tester Finds Both Binance Futures Platforms ‘Currently Unusable’
Bitcoin futures offerings from cryptocurrency exchange Binance have come in for criticism as a pre-release tester identifies major flaws.Rocky start for Binance PR moveIn a series of tweets on Sept. 6, the account known as doublejump said both the options currently under consideration by Binance lacked basic features, which are essential for ease of use.As…

NFT potential takes quantum leap with Koii Network’s new Dynamic NFT standard
In April of this year, an anonymous buyer purchased a copy of Action Comics #1 for $3,250,000 USD — the highest figure on record for a vintage comic book.Published in 1938 and featuring the first-ever appearance of Superman, the comic is one of the last known copies in existence. Prior to the auction, it was…