Binance Pauses UK Deposits and Withdrawals Following Partner’s Service Halt – What’s Going On?
Major crypto exchange Binance has halted deposit and withdrawal services through bank transfers and card payments for customers in the UK after its partner, London-based online payments firm Paysafe, cut off support…
Binance Suddenly Converts $1 Billion From Industry Recovery Initiative to Bitcoin, Ether, BNB – Here’s Why
Binance has confirmed plans to convert $1 billion worth of Binance USD (BUSD) from its Industry Recovery Initiative to native crypto assets, including Bitcoin, Ethereum, and BNB. In a Monday…
Top 5 Bitcoin Ordinals NFT Collections Making Waves Right Now
The introduction of Ordinal Theory has birthed a new type of NFT inscribed directly on the Bitcoin blockchain, ushering in a new era of on-chain Bitcoin NFTs. Read on to…
Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing
The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see “clear potential and value” in it. The…
Bitcoin Price Prediction as Bulls Keep BTC Above $22,000 Support – This is Where BTC Is Heading Now
Bitcoin continued to experience a downward trend, remaining weak near the $22,500 level, as investors opted for safer bets in anticipation of Federal Reserve Chair Jerome Powell's testimony before Congress. It…
SEC Takes Swift Action Against BKCoin and Kevin Kang for Alleged Involvement in $100 Million Crypto Fraud
The Securities and Exchange Commission (SEC) has announced it is taking “emergency action” against crypto hedge fund BKCoin and its co-founder Kevin Kang for “Ponzi-like conduct.” According to a press release from…
Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here’s What You Need to Know
The prominent cryptocurrency exchange Kraken is making its foray into the banking industry with the establishment of Kraken Bank. "We're building a better kind of crypto & Bitcoin bank for our clients," said the exchange…
Dogecoin Price Prediction as DOGE Eyes Big Bearish Breakout to This Key Support Zone
Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day. A…
JD.com & Bank of China Join Mainland China-Hong Kong Digital Yuan Pilot
Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot – including the e-commerce giant JD.com and the Bank of China. The Bank of China is one of Mainland China’s largest state-run…
Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain. The bank trials will be…
