Cryptocurrency Analysis and News Portal
Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services. In a bid to expand its crypto-related services in the Middle East, Paxos Trust Company LLC has announced that it has received the
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In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note
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Customers who have interacted with both Coinbase and Bybit reported receiving emails from Coinbase notifying them of the CFTC subpoena. Leading American cryptocurrency exchange Coinbase has issued warnings to an undisclosed number of users regarding a subpoena it received from the United States Commodity Futures Trading Commission (CFTC) about Bybit,
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Users who have already made crypto tax disclosures to the U.K. Treasury have 30 days from the disclosure date to make all necessary payments. If the deadline is not met, the Treasury will take steps to recover the money, and users may face penalties, the post said. Source
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Brian Armstrong’s U.S. crypto exchange emailed some users about a court summons received from the CFTC regarding rival platform Bybit. Coinbase, America’s largest crypto exchange, sent emails to select customers concerning a subpoena the company received from the Commodity Futures Trading Commission (CFTC) in the regulator’s investigation into Bybit, a Dubai-headquartered
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Although cryptocurrencies are still a relatively niche form of money, they have attracted millions of fans for their utility or as a speculative investment. Many users use crypto daily as an alternative exchange to fiat money. But how do they do it? Unless you live in El Salvador or the Central
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Mercedes-Benz Formula One team and Major League Baseball helped FTX perpetrate fraud through promotional deals with the crypto exchange, according to a group of FTX users in a new lawsuit.The plaintiffs, consisting of FTX users, filed twin class-action suits in a Florida District Court on Nov. 27, accusing the firms
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HTX and Poloniex are about to resume deposits and withdrawals, and Justin Sun announced an airdrop for affected users. Following the recent cybersecurity breaches of HTX and Poloniex, Justin Sun has announced an “epic airdrop” for users with assets on these platforms. The move comes as a gesture of goodwill and
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Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in
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Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms.Compiled by on-chain analytics firm Glassnode, exchange withdrawal figures confirm that at $37,000, a user’s purchase is on aggregate “in the black.”Bitcoin exchange users claw back bear market lossesBitcoin returned multiple investor
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