Binance, the world’s leading crypto exchange, has announced the launch of a new crypto-to-bank payment platform, Send Cash, in nine countries in Latin America. The platform will allow users to transfer their digital assets via Binance Pay and receive fiat currency with an equivalent value of their digital assets directly into their bank accounts. The […]
The Shiba Inu (SHIB) token has seen a surge in price as Bitcoin and other altcoins reacted to Grayscale Investments’ win against the US Securities and Exchange Commission (SEC). The trading volume for the meme coin rose 50% in 24 hours to over $182 million.The positive market reaction to Grayscale’s win against SEC has also […]
Ethereum price surged to a high of $1,738 on Tuesday, the highest level since August 17th, as investors remained optimistic about cryptocurrencies. The main catalyst for the surge was a US court decision to side with Grayscale in a lawsuit against the SEC. The court said that the SEC should review and approve the ETF. […]
The recent win of Grayscale Investments against the US Securities and Exchange Commission (SEC) has caused a surge in the price of Shiba Inu (SHIB) and other altcoins. The trading volume for SHIB has increased by 50% in the past 24 hours to over $182 million.The Ethereum layer-2 platform Shibarium, which is backed by the […]
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. The license, granted by the Securities and Futures Commission (SFC), allows the bank to offer over-the-counter crypto derivatives and other products, as well as virtual assets investment advice and asset management for selected crypto accounts.SEBA Hong Kong’s […]
The Ad Hoc Group of Genesis Global Capital (GGC) lenders have responded to a public bankruptcy plan update, calling the reached in-principle agreement “wholly insufficient”. The agreement was reached between the Digital Currency Group (DCG) and the unsecured creditors (UCC) and debtors, proposing USD equivalent recoveries of 70%–90%. The Ad Hoc Group argued that the […]
Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal dispute. In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, marking an increase of over 15% over the […]
Dogecoin (DOGE) has seen a 5% increase in price over the last 24 hours, mirroring the trends of the cryptocurrency market. This rally was sparked by the U.S. Securities and Exchange Commission’s (SEC) setback in preventing Grayscale Investments, a crypto investment platform, from converting its Bitcoin trust into an exchange-traded fund (ETF). This ruling caused […]
Tether, the issuer of the prominent stablecoin USDT, has taken a strategic step by partnering with Britannia Bank & Trust, a private financial institution based in the Bahamas. This move is intended to enhance Tether’s dollar transfer processes, and the partnership has been underway for the past few months.The cryptocurrency and financial sectors are awaiting […]
The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. This accomplishment allows EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. The JVCEA and FSA closely monitor and regulate crypto-asset providers, and the EOS […]
