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CRYPTOCURRENCY

VARA issues MVP Preparatory License To Crypto.com

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued an MVP preparatory License to crypto.com.   The firm disclosed this in a statement issued on Monday.   According to crypto.com, the...
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Bitcoin Reaches All Time High Since 2021

Crypto tracker, Coin Metrics said on Friday that Bitcoin reached the highest level since 2021.   The tracker said that the Bitcoin coin was trading at $26,521.13.   Similarly, Ethereum...
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Crypto Firm Executives Plead Guilty To Fraud, Money Laundering

Some executives of cryptocurrency firm, AirBit Club have pleaded guilty to charges of fraud and money laundering levied against them by the United States Department of Justice (DoJ).
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Crypto Investors Lose $216.6 Million In 2022

Cryptocurrency investors in Hong Kong lost $216.6 million to crypto scams in 2022.     This, according to the Hong Kong Police constituted just over 10% of the nearly 23,000...
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Just in: Silvergate goes out of business

Popular crypto bank, Silvergate says it is going out of business.   The firm, in the announcement, said that it intends to return all customer deposits.     Considered one...
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Breaking: Bybit Suspends USD Deposits Due To Service Outage

Bybit on Saturday announced the suspension of USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US banks).   This is attributed to service outages from its partner.  ...
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Celsius Reopens Withdrawal For Selected Customers

Some selected customers of cryptocurrency lender, Celsius will begin accessing their funds.   The firm disclosed this in a blog post made earlier this week.   According to the firm,...
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Coinbase Is Delisting Binance USD Stablecoin

Cryptocurrency exchange, Coinbase says it will suspend trading for Binance USD in less than a month. Coinbase, in the announcement issued on Monday, said that it decided to suspend trading...
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New Crypto Tracker Launched In California To Tackle Fraud

The California Department of Financial Protection and Innovation has created a website dedicated to tracking cryptocurrency scams. The site tagged ‘Crypto Scam Tracker’ is a database searchable by company name,...
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US SEC Probes Robinhood Over Crypto Business

The United States Securities and Exchange Commission (SEC) is probing Robinhood Markets Inc. over its cryptocurrency business. A regulatory filing released on Monday revealed that the firm received a subpoena...
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