Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. Malaysia is the...
Day: 30 July 2021
Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately...
Binance to shut down crypto derivatives trading in Europe
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. Troubled global cryptocurrency exchange Binance continues...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have...
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the...
Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally
Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are...
Large VCs are sidelining smaller crypto investors, PwC crypto lead says
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation.
How yield farming on decentralized exchanges can become less risky
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels.
Nifty news: Polyient marketplace, Ronaldinho drop, and a ‘staggering’ $4800 NFT sale …
Polyient is launching an NFT marketplace with DeFi features, Ronaldinho has entered the NFT market and Vitalik Buterin has digitally...
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events.
FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’
FinCEN digital currency advisor, Michele Korver, believes cryptocurrency is a natural evolution in financial technology. Michele Korver, the first-ever chief...
PayPal set to launch crypto trading in the UK and may embrace DeFi
The global payments platform wants to let British customers trade crypto on its new “super app”. Global payments platform PayPal...
Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving...
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a...
US Senator Lummis: Big Government Spenders Are Accelerating Adoption of Crypto Assets Like Bitcoin
U.S. Senator Cynthia Lummis is pushing for regulation that would ensure bitcoin remains a good store of value. If the...
