Mercado Bitcoin operator acquires Portuguese crypto exchange
After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe. Go to Source Powered by WPeMatico
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Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge
“Given the intensity of our work throughout the year, we think this is the best way to ensure our pace is sustainable for the long term,” said chief people officer L.J. Brock. Go to Source Powered by WPeMatico
Binance taps former central bank exec to push compliance in CIS and Russia
Binance makes another major strategic move in one of the world’s biggest cryptocurrency miner regions. Go to Source Powered by WPeMatico
Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira
Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing Interest in Digital Currencies Almost a year after suspending services … Read more
Australia’s largest crypto exchange will sponsor tennis star Ajla Tomljanovic
Users from the crypto exchange will have the chance to win tickets to two tournaments and a meeting with Ajla Tomljanovic using a nonfungible token showing proof of attendance. Go to Source Powered by WPeMatico
Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming … Read more
Pakistan to investigate Binance for multi-million dollar crypto scam
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets. Go to Source Powered by WPeMatico
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR. Go to Source Powered by WPeMatico
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors
The threat of stablecoin regulation and USDT and USDC centralization are making decentralized stablecoins like MIM, FRAX and UST attractive to DeFi investors. Go to Source Powered by WPeMatico
Here’s how Terra traders use arbitrage to profit from LUNA and bLUNA
Clever traders have learned to capitalize on lucrative arbitrage opportunities that occasionally manifest in Terra’s LUNA and bLUNA tokens. Go to Source Powered by WPeMatico