BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending. As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business. BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an […]
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After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out […]
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Adam Todd, CEO at Digitex Futures Exchange, reveals that the exchange will completely take down all KYC as of April 2020 in response to earlier data leakage. While some global cryptocurrency exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based […]
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Ukrainian officials are urged to disclose their cryptocurrency holdings as one of the national anti-corruption agencies publishes a manual on how to report crypto assets. The Ukrainian National Agency on Corruption Prevention (NACP) detailed how cryptocurrencies must be reported on yearly income declarations. Cryptocurrencies are categorized under the “intangible asset” section, though they are also […]
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With the future of the crypto in India now tied to a Supreme Court case, exchanges are looking to derivatives trading. India has had a complicated relationship with crypto. While the nation holds a large number of crypto enthusiasts, many exchanges are concerned over the future of the industry. According to sources available to Cointelegraph, […]
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Major decentralized finance player MakerDAO has partnered with payment processor Simplex to create a fiat on-ramp for its Dai decentralized stablecoin. Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin. According to an announcement on Mar. 3, the partnership makes it […]
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The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall. The number of crypto ATMs across the globe has grown to over 7,000, with machines in 75 countries. At press time, CoinATMRadar listed 7,014 cryptocurrency ATMs in existence. This number also includes machines hosting digital currencies […]
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A case filed in the United States District Court last year alleges two people stole $250 million worth of virtual currency. Cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus […]
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 […]
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Data shows that buying the worst-performing cryptos on a daily basis can provide a better risk-adjusted-performance than just buying the best-performing cryptocurrency. This week as equities markets plummeted across the globe, Bitcoin (BTC) price also faced a sharp correction. Over the past week Bitcoin price has dropped $1,500 and currently trades at $8,454, a new […]
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