PayPal Launches Crypto Services in Luxembourg
In 2020, PayPal began offering cryptocurrency support in the United States. The firm is dedicated to collaborating closely with Luxembourg’s politicians and authorities. In what seems to be an effort…
Crypto Exchange Coinbase Advises Users To Convert USDT to USDC
Coinbase posted a blog encouraging people to convert their USDT to USDC at no cost. The exchange implicitly targeted Tether (USDT) for the adequacy of its reserves.Coinbase, a cryptocurrency exchange,…
U.S Binance Waves Off Trading Fee on Ethereum Pairs
Binance US mainly targets customers in the United States, as the name would imply. The removal of fees for Bitcoin and Ethereum solidifies Binance’s position.The “zero fee price model” offered…
CEO of Coinbase forecast Drastic Fall in Crypto Sales This Year
According to Brian Armstrong, CEO of Coinbase, investor trust has been rattled. Armstrong’s estimate is in line with analysts’ projections of $3.2 billion.Coinbase, a major cryptocurrency exchange, expects sales to…
Goldman Sachs wants to Invest Millions in Crypto Businesses due to FTX crash
Goldman Sachs sees some “really interesting opportunities” in the crypto industry following the FTX meltdown, McDermott said.The American multinational investment bank – Goldman Sachs – intends to spend tens of…
Koinly a UK-based Crypto Tax Firm Announces 14% Layoff of workers
The FTX collapse had a terrible effect on the crypto industry with several firms taking hits. Koinly, founded in 2018, is the tax partner for a number of cryptocurrency exchanges.…
Binance US Drops All Ethereum-USD Trading Fees Just Like Bitcoin
Users can now freely trade ETH for US dollars or any of the three top stablecoins. Binance US – the American branch of the world’s largest crypto exchange – has…
Cryptocurrency Advertizing in the United States of America Under Scrutiny Over Possible Misconduct
The consumer watchdog is reportedly investigating several unnamed crypto firms. The United States Federal Trade Commission (FTC) is targeting certain crypto companies over deceptive or misleading advertising. With the latest…
Bankrupt Crypto Lender ‘Celsius’ Granted Extension by Court
Celsius has a few more months to submit a Chapter 11 reorganization plan. The crypto lending firm had declared bankruptcy on July 13. The exclusivity period for defunct cryptocurrency lender…
Jack Dorsey’s Block Co-ahead in $2M Seed Round in a Bitcoin Mining firm from East Africa
The latest capital infusion will be used to support the company’s expansion across East African markets.Gridless – a Kenyan-based Bitcoin mining company – has announced raising a $2 million seed…