Cryptocurrency Analysis and News Portal
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle. Bitso
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press release PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed LYO Credit (LYO) on July 7, 2022. For all users of LBank Exchange, the LYO/USDT trading pair is now officially available for trading. Bringing the crypto world into user’s smartphone,
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Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive
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Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund that is now the subject of a liquidation order in the British Virgin Islands. Original Source
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2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased
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Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian Authorities Mull Creating Domestic Cryptocurrency Exchange A crypto trading
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Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concerns from some in the community about whether a dump may soon follow. The huge transfer to the exchange comes after the lending platform paid off its remaining $41.2 million of debt
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El servicio, que permitirá a individuos y empresas enviar y recibir dólares digitales, es el primer producto de remesas de criptomonedas en Colombia hasta la fecha, según Bitso. La función, por ahora, estará disponible a través del sitio web de la compañía, mientras que será incluida en la aplicación móvil
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The move suggests that Celsius might sell the assets for more liquid assets, although market data on the exchange did not indicate that it had already happened. At press time, WBTC traded closely in tandem with bitcoin, changing hands at $21,600, up 6% in the last 24 hours. Original Source
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“These transactions are not affected by volatility at all,” said Emilio Pardo, country manager of Bitso in Colombia. “The price of the stablecoins that we use depends on the international currency market, with parity with the dollar, a great benefit to beat inflation.” Source
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