NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of HoursThe Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S. dollar. BLUR Token Launch Records […]

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Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report ClaimsCryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over 20,000 BTC for Bitzlato […]

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Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

Binance Banking Partner to Ban Crypto Trading Transfers Under $100KClients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With Binance Sets $100,000 Transaction Minimum for Crypto Traders […]

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Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average […]

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Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary GenesisFollowing accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly […]

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Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils

Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report UnveilsLiving in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside the hyperinflated Lebanese pound and the hard-to-get-hold-of […]

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Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation

Brussels to Spur Rollout of Instant Payments in Euro, Proposes LegislationThe European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves to Make Instant Payments Widely Available Throughout Europe A […]

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Mercado Pago Extends Its Cryptocurrency Services in Brazil

Mercado PagoMercado Pago, the digital payments company related to Mercadolibre, has recently announced the extension of the crypto services that it provides to users in Brazil. The company revealed it will now allow customers to deposit their own cryptocurrencies through third-party services and wallets into their cryptocurrency digital wallet with no cost associated. Mercado Pago to […]

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Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Ukraine’s Largest Bank Suspends Money Transfers to Crypto ExchangesPrivatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine Bans Clients From Sending Hryvnia to Crypto Trading Platforms Ukraine’s largest bank in terms […]

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