Cryptocurrency Analysis and News Portal
Banks in the United Kingdom continue cracking down on Binance cryptocurrency exchange, with banking giant HSBC reportedly becoming the latest bank to cut payment channels to the platform.A series of alleged HSBC clients reported on Twitter this Monday that HSBC UK had suspended credit card payments to Binance.According to an
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Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system.The company officially announced Tuesday a major update to its Know Your Customer (KYC) policies, significantly reducing maximum withdrawal amounts for users that
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NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday.“With an increase in scams relating to cryptocurrency and regulatory uncertainty around Binance in the United Kingdom, we want
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Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action.In a press release on March 24, the company confirmed that effective immediately, its access fee had been reduced to 0.3%.Bitcoin buyers pick their premiumThe move comes just
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It doesn’t take a software engineer to understand why the new version of Balancer marks a cool innovation in on-chain trading for Ethereum tokens.Balancer, a non-custodial portfolio manager, is releasing version 2.0, which puts all the assets entrusted to it in one big vault. This should dramatically reduce gas fees
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IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation. Job losses at IBM (NYSE: IBM) escalated as the company failed to meet its revenue targets for the once-fêted technology by 90% this year, according to one of the sources.“IBM is doing a
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Citi analyst Tyler Radke lowered his recommendation on MicroStrategy to “sell” from “neutral,” warning investors in a Tuesday research note that the company’s recent bitcoin euphoria may be overextended, according to SeekingAlpha.Radke cited CEO Michael Saylor’s “disproportionate focus” on bitcoin as a potentially troubling trend for the business intelligence company.
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Coinbase cuts margin trading. Binance sweeps out U.S. customers. OKEx offers rebates to clients affected by its five-week pause.Top shelfTax changeCoinbase will no longer send customers 1099-Ks, the U.S. tax form that led the Internal Revenue Service (IRS) to mistakenly think traders had underreported their gains. The exchange will instead
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Societe Generale – Forge, the digital capital markets platform of the Societe Generale Group, has chosen one of Blockchain leading companies ConsenSys to provide technology and services as
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