Written by: ( November 17, 2022 )
On Thursday, Nayib Bukele, the president of El Salvador, said that his country would start purchasing one Bitcoin (BTC) per day starting tomorrow, Friday, November 18. This announcement comes as cryptocurrencies are under constant price pressure due to a liquidity crisis on the crypto exchange FTX. In a tweet, Bukele confirmed the purchase, coming at […]
Written by: ( November 15, 2022 )
Numerous cryptocurrency exchanges have removed FTX Tokens (FTT) from their platforms as the FTX crash continues to disrupt the crypto industry. FTX was once a leading platform, but is now in ruins and has taken down other companies with it. Binance, a crypto exchange, announced that they had removed FTT/BTC and FTT/BNB trading pairs from […]
Written by: ( November 10, 2022 )
Crypto.com is now the latest cryptocurrency company to promise to release a full audit of its reserves in the wake of the demise of rival FTX. Kris Marszalek, the CEO of the exchange, hopes adding transparency will help calm cryptocurrency investors’ nerves. After the FTX liquidity fiasco, crypto companies have been encouraged to publish Proofs […]
Written by: ( November 8, 2022 )
Latin America is increasingly using cryptocurrency as an investment option. Brazil is leading the way, and the Brazilian Tax Authority presented numbers that correspond to cryptocurrency investments made by taxpayers in Brazil on November 4. It showed a record for investors who have put their money into crypto. According to statements from independent holders and […]
Written by: ( November 3, 2022 )
Changpeng Zhao (CZ), the founder and CEO of Binance, recently said that he would be interested in buying traditional banks. The man behind the largest cryptocurrency exchange in the world made the revelation just days after tweeting a $500 million investment that went to Elon Musk ahead of the latter’s Twitter purchase. CZ mentioned that […]
Written by: ( November 1, 2022 )
The co-founder of the cryptocurrency lending platform MakerDAO as well as the decentralized Dai stablecoin, Nikolai Mushegian, was discovered dead in Puerto Rico last Thursday. He allegedly died due to drowning after being dragged by sea currents along Condado Beach in San Juan, according to media outlet El Nuevo Dia. Mushegian was a key figure […]
Written by: ( October 28, 2022 )
Changpeng Zhao (CZ), the CEO of cryptocurrency exchange Binance, said that the company made a $500 million commitment in support of Elon Musk’s high-profile Twitter takeover. Binance had indicated it would co-invest in Twitter by May 2022 with 18 other investors, including Sequoia Capital Fund and Fidelity Management. Binance’s founder, in a Twitter thread, confirmed […]
Written by: ( October 26, 2022 )
The UK’s legislators voted Tuesday to recognize cryptocurrency assets within its financial system. This development was made during a plenary session of the House of Commons, which allowed line-by-line review of the Financial Services and Markets Bill. The UK government has also included a comprehensive post-Brexit economic policy in the bill. The legislators considered a […]
Written by: ( October 24, 2022 )
The Tel Aviv Stock Exchange (TASE), Israel’s only stock exchange, has announced the creation of a blockchain platform to allow investors in cryptocurrency. This is part of its 2023-2027 development strategy. According to a press release, TASE will increase the use of innovative technologies such as blockchain, tokenization and implementation of smart contracts. It will […]
Written by: ( October 20, 2022 )
Brazilian digital bank Nubank has released its own cryptocurrency in an effort to further expand new technologies, including blockchain and Web3. According to an announcement from Wednesday on the company’s blog, Nucoin will be available to all customers of the bank starting next year. The cryptocurrency, once unveiled, will be the basis for creating rewards […]