Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions'
The company will also pause its swap and transfer products, according to a blog post. It did not provide a timeline for resuming withdrawals. Source
Read More
Service
MoneyGram’s USDC transfer service launches in several countries
Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients. The service is being rolled out across several key remittance markets, including Canada, the United States, Kenya and the Philippines,
Read More
Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges – Featured Bitcoin News
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,” Paypal revealed. Paypal Now Supports External Wallet Transfers Payments giant Paypal
Read More
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA – Bitcoin News
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at
Read More
The ‘Google of Blockchains’ Is Sunsetting Its Centralized Service
The Graph announced it will urge developers to migrate to its Etheruem-based indexer network as it shuts down its centralized service by early 2023. Original Source
Read More
Tips to claim tax losses with the US Internal Revenue Service
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With the market falling off a cliff, there will be big losses to claim on your taxes, right? Not necessarily.
Read More
Coinbase offers ‘thousands of tokens’ in expanded swap service
America’s largest crypto exchange Coinbase has added the BNB Chain (formerly Binance Smart Chain) and Avalanche to the Coinbase Wallet’s list of supported networks where users can swap and store cryptocurrencies.The May 24 blog post from the exchange boasts that the added functionality will provide access to “thousands of tokens”
Read More
Interest in Ethereum Name Service reaching ‘critical mass’
The Ethereum Name Service is having its best month on record for new registrations, account renewals, and revenue thanks to community awareness and low gas fees.Lead developer at Ethereum Name Service (ENS) Nick Johnson tweeted on May 23 the metrics for the Web3 domain service through May so far. He
Read More
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during
Read More
Binance reportedly halts crypto derivatives service in Spain
Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate as a fully licensed financial institution, the exchange has stopped offering it's crypto derivatives services in Spain as it reportedly
Read More