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Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was not affected when the parent company’s crypto lender, Genesis Global Capital, declared bankruptcy in January. The GGT trading shutdown is
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A growing number of US-based crypto companies are considering leaving the country due to increasingly harsh SEC crackdowns. Following a harsh crackdown by the Securities and Exchange Commission (SEC) in the US, several crypto companies threatened to leave the country. On Sunday, reports stated that these US-based crypto players are testing their lobbying
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MetaMask has been focused, primarily, on expanding its reach and boosting global crypto adoption. Crypto wallet MetaMask has begun rolling out PayPal-powered Ether (ETH) purchases to all its US-based users. Although it added the PayPal integration to its software wallet last December, the feature was not immediately available to all users
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Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating
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An extended market price drawdown (crypto winter) throughout 2022 has tested the crypto industry’s mettle, and more recently, a crackdown by United States regulators on some prominent entities like Coinbase, Binance and Kraken has further shaken the sector.So maybe it’s only natural for the industry to employ colorful, vivid language
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Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators.In a Monday announcement, Celsius said its Earn product, which allows users to earn interest on crypto, would be unavailable to U.S. residents
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