Following the peak of the crypto exchange FTX’s crash, the authorities in the Philippines have cautioned crypto investors regarding the crypto exchanges which have not secured any licenses. The Securities and Exchange…
Category: News
Nexo Ends Its Deal With Cryptocurrency Lender Vauld
Nexo, a crypto lending firm that was conversing with a competitor lender named Vauld to likely obtain it, is calling off its deal with the firm. The companies have been conversing with…
Famous Bloomberg Strategist Says Ethereum Will Likely Outshine BTC In the Next Bull Market
Ethereum, which is also called the 2nd-biggest crypto asset across the globe in terms of market capitalization, is prepared to leave behind the primary cryptocurrency Bitcoin in its upcoming bull run, as…
Crypto Exchange Gemini Proposes Plans To Resolve Genesis And DCG’s Liquidity Issues
The famous digital currency exchange Gemini’s creditor committee has proposed a strategy. This strategy aims at resolving the liquidity problems experienced by the crypto lending platform Genesis as well as its parent…
A Court In South Korea Confiscates $92 Million In LUNA-Related Funds
Since the collapse of LUNA and UST tokens of Terra, the authorities in South Korea have been delving into the case as well as scrutinizing the businesses linked to Terra. The new…
Central Bank Of Kazakhstan Is Likely To Complete Its Central Bank Digital Currency Rollout By 2025
Kazakhstan, known as the 3rd-biggest hub for Bitcoin mining across the globe after China and the United States, discovered the feasibility of introducing a digital tenge (an in-house central bank digital currency)….
MetaMask Partners With PayPal To Allow Its Clients Buy Ether Directly
ConsenSys, the entity responsible for developing MetaMask (a well-known crypto wallet), is collaborating with PayPal while jumping further in its endeavors related to crypto adoption. The Ethereum (ETH) software company stated that…
Yuga Labs Is Facing A Lawsuit For Conspiring With Celebrities To Promote Its Non-Fungible Tokens
Yuga Labs, the company responsible for developing NFT Series such as Mutant Ape and Bored Ape, is going through a class-action legal case for a supposed conspiracy with celebrities for the promotion…
Central Bank Of Spain To Start Testing Wholesale CBDCs
The Bank of Spain (BDE), Spain’s central bank, stated that it aims at introducing an experimental project to start testing the entire Central Bank Digital Currencies (CBDCs). The entity is presently pursuing…
Clients’ Funds Are Completely Safe, Says Silvergate CEO
Silvergate’s chief executive officer has again claimed that the funds of the consumers are secure, but many are still apprehensive. The firm had considerable exposure to FTX and BlockFi via deposits. Silvergate,…