Thursday, June 1, 2023
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Bybit gets pre-approval in Kazakhstan as crypto custody service provider

Cryptocurrency exchange Bybit continues the expansion of its operations after receiving “in-principle” approval from regulators in Kazakhstan. On May 29, the exchange announced its pre-approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to operate as a digital asset trading facility and as a custody services provider at the Astana International Financial

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Formula One Ticket Provider Platinum Group Unveils NFT Tickets for Sunday’s Monaco Grand Prix

The NFT tickets will be minted via the Ethereum scaling layer two blockchain Polygon (MATIC). The sixth race of the 22-round season for the Formula One (F1) Grand Prix held in Monaco over the weekend has attracted the attention of crypto enthusiasts. Furthermore, as a country within the European market,

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Hardware Wallet Provider Trezor Sees 900% Jump in Sales amid Ledger Controversy

The controversy surrounding Ledger’s key-recovery service has boosted sales for its competitor Trezor. Besides, Trezor also addressed concerns over security and develops an auditable secure element through its sister company Tropic Square. The controversy surrounding Ledger’s recently released key-recovery service has ultimately benefitted hardware wallet competitor Trezor. Hardware wallet manufacturer Trezor

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Crypto Hardware Provider Ledger Delays Its Key-Recovery Service after Uproar

After a strong community backlash, Ledger announced that they have already open-sourced part of the Ledger code. Crypto hardware wallet provider Ledger recently announced that it be delaying the launch of its key-recovery service. This measure comes following strong criticism from the crypto community. Ledger CEO Pascal Gauthier wrote to all Ledger

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Cryptocurrency Hardware Wallet Provider Ledger Postpones Release of Key Recovery Service After Public Criticism

Last week, Ledger announced the service, called Ledger Recover, which will allow users to store encrypted backups of their seed phrases with a set of three custodians. Ledger owners will then be able to restore their private keys even if they lose or forget their seed phrases. The opt-in feature

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Crypto ATMs provider settles with Connecticut Banking recovering $86k for customers 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin of America has agreed to a settlement deal with the Department of Banking to refund the four customers who lost tens of thousands through the crypto kiosks.  In a recent statement from the Banking Commissioner in

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Binance provider in Brazil gets payment institution approval

Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country's central bank to operate as a payment institution and electronic money issuer on May 19, according to local media reports.Brazil is among Binance's top global markets, the exchange said in a previous announcement.Latam

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Crypto Services Provider Matrixport Integrates With Copper’s ClearLoop

“This partnership demonstrates our shared commitment to building a more secure, transparent, and accessible financial market infrastructure in the digital asset industry,” said Dmitry Tokarev, chief executive officer at Copper. “Copper has implemented a dedicated account structure for ClearLoop to address potential insolvency risks,” he added. Source

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