Auteur: administrateur

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm isfacing challenges.While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentionedfinancial difficultiesstemming fromkey......

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulators latest position on the matter comes after it softened its stance on the......

Russian Media Censor Roskomnadzor Blocks Major Crypto News Website

Bits.media, a leading news outlet in Russias crypto space, has been blocked by Russias telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure.......

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

According to Blockfis co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million......

Signaler: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known asWu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firms staff due toa sharp drop in revenue.” en outre, the reporter claims that Huobis co-founder Leon Li is......

Coinbase Responds to Reports of Selling Customer ‘Geo Tracking’ Data to US Government

The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sellproprietary customer dataafter reports surfaced that its Tracer product is providinghistorical geo tracking datato the U.S. Immigrations and Customs Enforcement (ICE). Coinbase Responds to Reports of......

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Jeton non fongible (TVN) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week,......

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education.......

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, un échange de crypto-monnaie, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer......

Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties

On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. en outre, reports......