CZ refutes claim that Binance sold BTC and BNB, Strike expands to Mexico and Congress pushes for clear crypto rules
Photo by Kanchanara on Unsplash Strike expands lightning powered cross-border payments to Mexico Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico, the largest market for remittances from the U.S., which accounts for around 95% of total remittances received by Mexicans from abroad, according to the company. The service, Send Globally, will be available in […]
Tether starts mining in Uruguay, BTC at a 20% discount on Binance Australia and anti-mining bill Texas denied
Tether Empowers Green Bitcoin Mining in Uruguay Tether, the prominent stablecoin issuer, has made an exciting revelation. They have unveiled their intention to venture into the realm of Bitcoin mining, and the chosen destination for this endeavor is none other than Uruguay, a country nestled in South America. In their recent announcement on May 30, Tether declared their plans […]
Bitcoin more popular than Solana for NFT’s, Ledger pauses Recovery service and crypto holdings disclosure for Korean officials
Photo by DrawKit Illustrations on Unsplash Bitcoin surpasses Solana to become second most popular NFT blockchain The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam. Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that […]
PayPal holds ~$1 billion in crypto, Tether makes $1.5b profit and Singapore bank reports 80% volume increase
Photo by Kanchanara on Unsplash DBS Bank reports 80% increase in bitcoin trading volume As per the reports, DBS Digital Exchange CEO Lionel Lim said that the increase in demand for bitcoin services at the firm is a result of the implosion of crypto exchanges in 2022. Lim stated that DBS continues to observe an increase in volume. “DBS […]
Intel stops producing miners, Trezor integrates Wasabi CoinJoins and MicroStrategy implements lightning
Photo by Kanchanara on Unsplash Intel discontinues bitcoin mining chip series Chipmaking heavyweight Intel is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. “As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to […]
Bitfinex gets license for El Salvador bonds, Bitmain fined in China and presidential candidate calls BTC an escape
Bitfinex awarded First-Ever digital asset service provider license in El Salvador El Salvador, the world’s first nation-state to establish bitcoin as legal tender, has issued a digital assets license to crypto exchange Bitfinex. This marks a landmark achievement for Bitfinex as it has essentially become the first crypto firm to secure El Salvador’s license to […]
Swiss government bank to sell bitcoin, Paxful to end operations and MicroStrategy buys 1.000 BTC
Photo by Kanchanara on Unsplash 117-year-old Swiss retail bank PostFinance taps crypto The Swiss government-owned retail bank PostFinance partnered with Sygnum to offer its customers a range of regulated digital asset banking services. Sygnum is a Zurich-based regulated digital asset bank supervised by the Swiss Financial Market Supervisory Authority (FINMA). PostFinance, on the other hand, is the fifth-largest […]
CFTC attacks Binance, BlockFi pays customers back and crypto exposure to be declared by pension plans Canada
CFTC attacks Binance with civil enforcement action The Commodity Futures Trading Commission announced it has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging Changpeng Zhao and three entities that operate the Binance platform. They want to sue the exchange with numerous violations of the Commodity Exchange […]
Celsius’ customers may expect 72% of deposits, war on crypto continues in EU and against Coinbase
* Photo by Kanchanara on Unsplash Payment restriction in EU anti-money laundering bill irks crypto industry A single article introduced by the European Parliament to the anti-money laundering rule for commercial crypto payments has stirred Europe’s digital asset industry. Policymakers hope that they can close a loophole for untraceable transactions by prohibiting payments over a €1,000 ($1,070) threshold […]
Bitcoin smashes past $26.000 after CPI Report, Europol shuts cryptomixer and banking crisis in U.S.
Europol shuts crypo tumbler ChipMixer, seize $46m in bitcoin Crypto tumbler ChipMixer is the target of law enforcement as American and European federal authorities took action to seize assets and dismantle the platform, according to announcement from the European Union Agency for Law Enforcement Cooperation, or Europol. U.S. and German authorities took down the ChipMixer infrastructure for […]