Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful
Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 167 fiat currencies. Source
Read More
Some Key Industries That Have Embraced Cryptocurrency
Since Bitcoins were first launched in 2008, the world of cryptocurrency has been likened to an ecosystem that exists independently within the traditional financial framework. But after rapid growth in the early days, its progress has slowed.Today, there are those who recognise the benefits of a decentralised digital currency system
Read More
Refund Deadline ‘Not Practicable’ as Users Wait
Liquidators of hacked New Zealand cryptocurrency exchange Cryptopia have recovered almost $11 million in the past six months, but say the process remains difficult.In its second report into its operations at Cryptopia, Grant Thornton confirmed that receipts from May to November totaled around 10.9 million New Zealand dollars ($7.18
Read More
Bitcoin Eyes Minor Price Bounce After Hitting Two-Week Low
Bitcoin has potential for a small price bounce after hitting two-week lows early on Thursday. Source
Read More
Crypto Payment Provider BitPay Adds USDC, GUSD, Paxos; Tether Is Still Out
The crypto payment provider BitPay has enhanced its payment processing systems to include 3 more stablecoins which are Circle’s USD Coin (USDC)trade, Gemini Dollar (GUSD), and Paxos Standard Token (PAX). Tether (USDT), the most popular stablecoin by huge margins (and occasionally even the most traded cryptocurrency by volume), is still
Read More
Bitcoin-Friendly Bank SEBA Expands to Nine More Countries
SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports
Read More
Cryptopia’s Liquidator Claws Back $7.2M, But Identifying Crypo Ownership a ‘Mammoth Task’
The liquidator for the collapsed New Zealand-based crypto exchange Cryptopia now has $7.2 million on balance for potential user refunds. Finding out who's owed what, though, is proving a tough task. Source
Read More
Bitcoin Price ‘Boring and Fragile’ as Trader Plans for Dip Below $7K
Bitcoin (BTC) continued its broad downtrend towards $7,000 support on Dec. 12, failing to break out of a behavioral pattern that has left traders uninspired.Cryptocurrency market daily overview. Source: Coin360Bitcoin could face “significant drop”Data from Coin360 showed BTC/USD trading down around 1.2% on the day, with only a brief
Read More
$722M Crypto Mining Scam ‘the BitClub Network’ Busted; 4 Men Arrested
U.S. Attorney Craig Carpenito announced the arrests of four men who were accused of defrauding investors during an investigation of a crypto Ponzi scheme called the BitClub Network. The fraudulent scheme was based on a whopping $722 million cryptocurrency mining scam.Yes, you’ve been reading it right, seven hundred and twenty
Read More
Volcker Might Have Said Yes to a Digital Dollar – If He Knew What It Was
Dick Bove, a five-decade financial-industry analyst for the brokerage firm Odeon Capital, said in a phone interview that Volcker likely would have opposed bitcoin and other digital assets built by independent developers. According to Bove, Volcker believed "central banks should have control of the financial system in a given nation,
Read More