One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not in Direct Communication With …
Monthly archives: September 2021
Coinbase Expanding Support for This Low-Cap Altcoin Across All Its Platforms
Coinbase is making due on its promise to accelerate the listing of new assets by expanding full trading support to yet another cryptocurrency. The exchange now enables customers to buy, sell and hold the native asset for Horizen (ZEN), an interoperable blockchain ecosystem, via Coinbase.com and its mobile apps. ADVERTISEMENT Coinbase Pro listed ZEN …
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PayPal UK Completes Crypto Rollout, Lets All Eligible Customers Buy, Hold and Sell These Four Cryptocurrencies
Major global payments firm PayPal UK just launched crypto trading services for all of its eligible customers, giving them access to four top cryptocurrencies. On Friday, the company announced that all eligible PayPal UK users will now be able to buy, sell and hold Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). We …
American CryptoFed DAO seeks US SEC consent for stable utility tokens
American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the in-house CryptoFed blockchain. However, …
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CFTC renewed: What Biden’s new agency picks hold for crypto regulation
On Sept. 14, United States President Joe Biden revealed his picks to fill two vacant seats at the United States Commodity Futures Trading Commission (CFTC). In addition, the president nominated Rostin Behnam, who has run the derivatives regulator as acting chairman since January, to assume the office on the permanent basis. The appointments are unlikely …
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Calm Before the Storm? Here’s What’s Next for Bitcoin, Ethereum and Cardano, According to Top Analyst Michaël van de Poppe
Widely followed crypto trader and analyst Michaël van de Poppe is mapping out the price levels to watch for Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA). In a new market update, Van de Poppe tells his 127,000 YouTube subscribers that Bitcoin recently reclaimed a key price area, indicating that Bitcoin is gearing up for a …
El Salvador ranks third in global Bitcoin ATM installations, data finds
El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count after deploying 205 crypto ATMs to date to facilitate local Bitcoin transactions and …
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Korean Finance Minister vows crypto taxes starting 2022
Korean Finance Minister vows crypto taxes starting 2022 | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Korea › Regulation The country’s ruling party is fighting a battle with the Ministry of Finance over the implementation of a new crypto tax law. Andjela Radmilac · …
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Laos Authorizes Cryptocurrency Mining and Trading Activities
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining operations in the country, according to the office of …
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Binance Prepares Changes to Work With Regulators Worldwide
Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future. This is Binance’s answer to a series of regulatory …
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NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
press release PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted …
Bitcoin Is the Only ‘Institutional-Grade Asset’ in the Crypto Space, Says MicroStrategy CEO Michael Saylor
The CEO of business analytics software firm MicroStrategy, Michael Saylor, says Bitcoin is in a class of its own compared to other crypto assets. In a new Bloomberg interview, Saylor says Bitcoin is in a league of its own as he separates all crypto assets into three distinct categories. ADVERTISEMENT “In the market, there …
Shiba Inu coin (SHIB) pumps and sees $2 billion traded after Coinbase listing
Shiba Inu coin (SHIB) believers were in for a surprise Friday morning after Coinbase, one of the world’s largest and most regulated crypto exchanges, listed the memecoin on its platform. “SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, …
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Fintech Firm Revolut Pays for Dallas-Based Wework Workspace With Bitcoin
The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion. Revolut Pays Bitcoin for Wework Property in Texas On September 16, 2021, Revolut, the fintech firm that offers users …
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While Broader Crypto Market Holds Its Collective Breath, Whales Are Loading Up On Bitcoin
Bitcoin, likewise other cryptos, have had a hard seven days. So investors across the crypto have understandably been wary of the market and any investments at this point. This has played out in the way the digital assets have done in the market. Various dips have put the market into what looks like a long-suffering …