Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.In a May 30 blog post, Bybit said it will not accept account opening applications from Canadians starting on May 31. Current users of the
Read More
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country. Source
Read More
Cryptocurrency exchange Binance has suspended Australian dollar services as its local payment services provider has seemingly stopped support for the exchange.On May 18, Binance tweeted that AUD PayID deposits and bank transfer withdrawals were suspended "due to a decision made by our third-party payment service provider.""We understand from our third
Read More
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Original Source
Read More
Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors.In an April 14 announcement, HashKey cited “significant demand from investors to access virtual assets” as the reason for its move into the wealth management space.Deng Chao, the CEO of the
Read More
A local court in South Korea denied the prosecutor’s request to issue an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin. This was the second attempt made by South Korean authorities to reign in Shin following the recent arrest of Do Kwon — Terra’s other
Read More
Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption.The trading platform explained in a March 29 statement that Australia would be a key growth market for the firm moving
Read More
The Pinduoduo app serves more than 700 million people every month. Google has no word on when it will get the app back on the Play Store. On Tuesday, March 21, tech giant Google announced the suspension of the Chinese e-commerce app Pinduoduo citing that they discovered malware in the
Read More
SpankChain is an Ethereum-based blockchain targeted at helping adult content creators remove third-party intermediaries like conventional banks, which have had a notorious history of conflict with the adult industry. Ethereum-based adult entertainment platform SpankChain is closing its crypto payment processor SpankPay, losing its payment service provider Wyre, in February while
Read More
Ethereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one. In February, SpankPay revealed that its previous provider — crypto payment platform Wyre — had terminated its agreement to provide payment services to
Read More