Dutch Central Bank Fines Binance $3.35 Million Over Improper Registrations
The Dutch central bank (DNB) announced that it has fined Binance, the world’s largest cryptocurrency exchange, 3.3 million euros ($3.35 million) for providing services in...
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The Governor of the Reserve Bank of Australia Prefers Private Crypto
As long as risks are addressed by regulation, Australia central bank governor Phillip Lowe believes a private solution is preferable for cryptocurrencies....
Ripple CTO Regrets Choosing Company’s Stock Instead of XRP, says it’s a Big Mistake
The chief technical officer of blockchain company Ripple, David Schwartz, recently shared his opinion on the decision to go with the firm stake rather than...
Ripple Predicts that 76% of the World’s Financial Institutions Will be Using Crypto by 2025
According to recent research from payments company Ripple, important financial sector actors are contemplating central bank digital currency (CBDC)....
Defiance Capital Clarifies its Relationship With Troubled Three Arrows Capital
DeFiance Capital, a cryptocurrency venture capital firm, issued a formal statement on Twitter to clarify its association with the struggling Three Arrows Capital (3AC)....
Celsius Accumulates a Debt of US$4,720 Million with its Users
Troubled crypto lending platform Celsius has accumulated a total debt of US4,720 million with its users, according to a 61-page document made public in support...
OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most tumultuous...
The New York Yankees and NYDIG Partnered to Provide Employees With Bitcoin Profits
Several top businesses in a variety of industries have started to provide a Bitcoin Savings Plan (BSP) benefit to draw in and keep the top...
Celsius Network Files For Chapter 11 Bankruptcy
Just one month after freezing client assets as a result of severe market volatility that has caused some companies to lose their business models, Celsius...
According to a KuCoin Study, 14% of Saudi Residents are Crypto-Investors
Saudi Arabians are becoming more interested in and adoptive of cryptocurrencies, according to a recent KuCoin survey. It revealed that 76% of crypto investors in the...