FTX Ends Up Getting Enlisted As An Unauthorized Cryptocurrency Exchange In UK

FTX, a major cryptocurrency exchange operating internationally has recently been dealt a low blow by the UK regulatory authority. The Financial Conduct Authority (FCA) in the United Kingdom has dropped a huge bomb of concern and high risk over the investors in the United Kingdom. FCA Enlists FTX as Unregistered Entity The FCA has reportedly … Read more

Yellow Card To Increase Its Business And Service Network In Africa Following A Funding Round

Yellow Card, a cryptocurrency exchange focused on the African region has recently made an announcement surrounding a funding round. A Successful Funding Round The exchange officials have recently announced that they have successfully concluded a funding round. It was the Series B funding round that helped the company generate $40 million. It was just a … Read more

As Currency Restrictions Ease, Hardware Crypto Wallet Sales Have Experienced A Decline In Russia

The demand for cold wallets has been declining in Russia on a large scale. The fall in demand for cold wallets has been recorded after recording a tremendous rise in the spring season. Cold Wallets in Russia are overstocked The sellers of the hardware cryptocurrency wallets have recently shared an update surrounding the stocks they … Read more

300,000 OP Tokens To Be Given Out To Users Of 1inch On Optimism

1inch, a major decentralized exchange aggregator has made an announcement for its users involving the distribution of free tokens. Optimism Participants Brace for Rewards 1inch has announced that the free tokens will be given to the users who participate in Optimism. The developers behind 1inch have stated that with the launch of the reward program, … Read more

Nox Crypto Exchange Refunds Its UST Holders At A $1 Rate

Various media outlets in Brazil report that a local crypto exchange, Nox exchange, has refunded all UST holders on its platform at $1.  While the move is unprecedented and commendable, the platform clarified that users could only receive their lost UST tokens with the USDT stablecoin. Per multiple reports, Nox spent about $127K (620K Reais) … Read more

Major Cryptocurrencies Rise 9% as Market Shows Recovery

Amid the bleeding crypto market that has dominated headlines since Monday, BTC and ETH have rebounded, leading to the overall market recovery. The flagship coin crawled back to above $30k in the early hours of Friday, exchanging at a day high of $30.9k. Currently, it trades at $30.3k, shedding about 60 cents based on CoinMarketCap.  … Read more

US Treasury Secretary Reiterates Risks Associated With USD Pegged Tokens

Ex Fed chair and current US Treasury Secretary, Janet Yellen, has shared her insights concerning the crypto sector following the decline of Terra’s native token and stablecoin. Earlier in the week, TerraUSD (UST) declined massively to a new daily low of $0.7495, and within a few hours later, it slid further to $0.6134.  Then, on … Read more

A Top Singapore Commercial Bank Is About To Launch Eco-Friendly Tokens

One of Singapore’s top commercial banks, OCBC, has announced a new partnership with metaverse green exchange (MVGX) to launch tokens related to eco-friendly tech firms. Part of the agreement terms states that firms can offset their carbon footprint by purchasing a portion of the carbon credit tokens issued under this collaboration between these two firms. … Read more

Crypto Exchange Kraken Closes Its Headquarters

CEO of Kraken, Jesse Powell recently decided to close the firm’s headquarters, located in the city of San Francisco, due to safety reasons. Closure of Headquarters Kraken’s CEO, Jesse Powell has closed the main headquarters of the firm which was present in San Francisco over safety issues. Jesse Powell has stated that the city has … Read more

Ledger Has Launched A New Wallet Specialized In NFTs

Massive hard wallet supplying firm, ledger is recently introduced a new wallet named Nano S Plus, that is favored towards non-fungible tokens (NFTs). Global hard wallet supplier, Ledger has now shined a brand-new wallet named, Nano S Plus which is specially geared towards providing NFT Collectors the features and security they require to store their … Read more