Archives for: February 28th, 2023

Instances of cryptojacking on Apple OS devices on the rise

Written by: ( February 28, 2023 )

A malware that infiltrates devices with the Mac operating system is being distributed in the Apple ecosystem. It comes as a surprise to many, as Apple has, for years, bragged about its immunity to this type of attack. According to a report by the cybersecurity firm Jamf Threat Labs, focused on the Apple ecosystem, malware […]

Established German bank adds cryptocurrency custody service

Written by: ( February 23, 2023 )

To provide cryptocurrency and digital asset management services, Swiss company Metaco and German bank DZ have collaborated on a new project. DZ appears to be, in terms of assets, the second-largest lender in Germany behind Deutsche Bank. DZ Bank has managed assets totaling $315 billion at the end of 2022. According to the official statement, […]

Cryptocurrency exchange FTX is resuming withdrawals in Japan

Written by: ( February 21, 2023 )

On Monday, the Japanese subsidiary of FTX, the bankrupt cryptocurrency exchange, announced that it’s partially restarting operations in Japan. It explained that customers of its Japanese subsidiary can withdraw their cryptocurrency deposits as well as fiat currency deposits starting February 21. Trading platform Liquid Japan, which FTX Japan acquired a year ago, will facilitate the […]

El Salvador is going to build a Bitcoin Embassy in Texas

Written by: ( February 16, 2023 )

Having adopted Bitcoin as legal tender in 2021, El Salvador is pushing its Bitcoin initiative further by partnering with the Texas government. As part of the intergovernmental partnership, El Salvador will develop an office in Texas to help promote the transparency of Bitcoin. This representative office will serve as a platform for working on a […]

Revolut launches new cryptocurrency staking feature in the UK

Written by: ( February 14, 2023 )

Revolut recently launched a cryptocurrency staking feature in its app in an effort to maintain its position as one of the largest neo-friendly banks in Europe. It is Revolut’s intention to take advantage of the growing interest in crypto among almost 25 million unique users by beginning with Cardano and Tezos, and eventually joining Ethereum […]

LocalBitcoins is shutting down its cryptocurrency trading platform

Written by: ( February 9, 2023 )

LocalBitcoins, a Finnish peer-to-peer (P2P) cryptocurrency platform, will close its doors following more than a decade of service to its customers. As a result of the strong current market conditions in the cryptocurrency market, Local Bitcoins announced the end of its service on February 9. According to an announcement from LocalBitcoins, users have 12 months […]

Cryptocurrency exchanges unite to help earthquake victims in Turkey and Syria

Written by: ( February 7, 2023 )

More than 5,000 people have been killed and thousands more have been injured as a result of the earthquake which struck Turkey on Monday. Now, cryptocurrency exchanges are coming together to offer their support. Crypto companies, including BitMEX, Binance, Bitfinex, Bybit and many others, have also come to aid in the country as countries around […]

Cryptocurrency exchange Kraken shutters Middle East operations

Written by: ( February 3, 2023 )

After receiving legal approval to operate in Abu Dhabi less than a year ago, the cryptocurrency exchange Kraken has decided to shut down its Abu Dhabi headquarters. In addition to shutting down its Abu Dhabi office, Kraken has laid off eight employees from its Middle East and North Africa (MENA) section. It appears that Kraken […]

The UK presents its draft guidelines for cryptocurrency

Written by: ( February 2, 2023 )

It has been announced that the UK intends to regulate Bitcoins and other cryptocurrencies within the country in the near future. In his presentation, Economic Secretary to the Treasury Andrew Griffith explained that the country remains committed to growing the economy and enabling technological advancement and innovation, including digital currencies. Hence, the UK wants to […]

MasterCard and Unbanked look to expand cryptocurrency use in Europe

Written by: ( January 31, 2023 )

In Europe, Unbanked, a provider of white-label services such as cryptocurrency card issuance, is working to advance crypto use by Web3 companies. To do so, it has teamed up with MasterCard in order to expedite the issuance of DeFi cards across the region. MasterCard and Unbanked have already formed partnerships with leading Web3 organizations for […]