Category: Cryptocurrency
Iran’s Trade Ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country. 1790 Total views 40 Total shares Iran’s Industry, Mines and Trade Ministry has approved the use of cryptocurrency for imports into the country amid ongoing international trade sanctions. According to local news reports, Trade […]
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions. 832 Total views 24 Total shares Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Monday. The court orders came three […]
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay. 1033 Total views 46 Total shares Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other […]
Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet. On-chain data flagged on Aug. 28-29 confirmed a large tranche of Bitcoin had become liquid again after nearly a decade. “Lawless era” Bitcoin hit the road Analysts first began to notice curiously high transaction volumes this weekend as 5,000 […]
In another shift toward widespread crypto adoption in Argentina, citizens from the Mendoza Province can now pay government fees and taxes using cryptocurrencies. In a Saturda statement, the Mendoza Tax Administration (ATM) described the new crypto payment service as fulfilling “the strategic objective of modernization and innovation,” giving “taxpayers different means to comply with their […]
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years. 2876 Total views 79 Total shares Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees […]
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities. 428 Total views 5 Total shares Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it’s flagged as most vulnerable […]
JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up. 320 Total views 19 Total shares The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves. […]
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. 536 Total views 6 Total shares Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s […]
Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook, risk assets sold off across the board, and crypto is still reeling from the aftermath. A fairly nonvolatile weekend did little to […]