Crypto Biz: Goldman Sachs tip-toes into ETH, Mar. 4-10
The megabank is offering investors access to Galaxy Digital’s ETH fund, while a16z just splurged $70 million on an Ether staking protocol. Go to Source Powered by WPeMatico
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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency exchanges. Since This Time Last Year, Large Sums … Read more
Binance Suspends Transactions With Russian Mastercard and Visa Cards
Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, … Read more
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange to Give $1,000 in … Read more
Binance unveils plans for world domination by buying up companies in every sector
In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”. Go to Source Powered by WPeMatico
Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a … Read more
Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto … Read more
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer derivatives in the country. Exchanges Not Registered to Offer Derivative Products … Read more
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA and FPS.” SEPA and FPS Back on Binance Cryptocurrency … Read more
BRISE token soars to new highs after the official launch of BitGert Chain
Crypto markets are down, but that’s not stopping BRISE price from tacking on a near thousand percent gain. Here’s why this new project is making waves. Go to Source Powered by WPeMatico