With the rise of digital currency, many countries have been drawn to this new form of money and Indonesia is the latest addition to the countries that are embracing digital currency. The nation’s move provides an opportunity for them to monetize their initiative while also expanding the scope of financial technology. However, before starting its…
It appears that due to the strict regulations concerning cryptocurrencies and the global economic crisis, many crypto firms are facing several hurdles when operating their business. Recently, Kraken, one of the largest cryptocurrency swaps in the world, has announced that it will be stopping its US crypto-staking business and compensating the US Commodity Futures Trading…
CZ Zhao, the mastermind behind Binance, exposed a critical loophole that was identified and dealt with swiftly by the BNB Core squad this week. Drawing on his extensive experience in the space, CZ demonstrated complete transparency about the matter, sending ripples through the crypto industry. It was thanks to his sagacity, along with the intrepid…
Cyberattacks from North Korea have become a severe issue for South Korean authorities as the country has lost over $1.2 billion since 2017 due to these terrible events. To combat these malicious activities North Korea has recently taken decisive action against rampant cybercrime by imposing its first autonomous sanctions on cryptocurrency theft and cyberattack linked…
After nearly a decade of operation, popular P2P exchange LocalBitcoins is set to close its doors. The decision comes as a result of the bad market conditions. LocalBitcoins has long been a favorite among Bitcoin enthusiasts, allowing users to buy and sell Bitcoin directly from each other without any third-party interference. However, with recent crackdowns…
There is no denying that cryptocurrencies have captivated the world. However, with the rise of cryptocurrency also comes the potential for increased risk which increases the tension among investors. To help investors avoid such situations the U.S. Securities and Exchange Commission (SEC) has come up with its list of priorities for 2023, and it appears…
Dubai has just announced a ban on privacy coins, setting new regulations that could have a major impact on the cryptocurrency market. This is a huge blow to privacy coin holders. What’s even more troubling is that Dubai is one of the world’s major financial hubs. So this ban could set a precedent for other…
It’s no mystery that the pandemic has had an adverse effect on the global economy. Consumers are spending less and many businesses are struggling to keep their doors open. Fintech company Affirm is feeling the pinch as well. On Wednesday, the company announced that it will be decreasing its staff by 20%. Affirm also said…
Recently it was announced that Russia’s Rosbank is now offering digital gold trading for digital rubles. This is an incredibly important development in the world of digital currency, as it marks the first time a major bank has accepted digital rubles as payment. This is just the beginning; over the following weeks, more and more…
DUBAI, UAE (NAME), February 02, 2022 — BestChange, a leading exchange in the cryptocurrency exchange sector, is commemorating its 15th anniversary, a watershed moment in its history. The organization has devoted itself throughout the years to offering its consumers safe, secure, and dependable exchange services. The site has linked traders to over 200 reputable cryptocurrency…
