Day: 6 December 2022

According to predictions made by South Korean experts, cryptocurrency market capitalization is expected to increase from the current $800 billion to about $1.5 trillion by the end of next year. They also predict that investors will be more interested in Bitcoin (BTC) and other tokens when inflation "stabilizes" in the ...

Strike, a global payments network, has partnered with Bitnob, an African payment platform, to launch cross-border payments in Africa. This was announced during the AfroBitcoin Conference in Ghana.  A press release was also circulated about the partnership. At the conference, Jack Mallers, CEO of Strike, and Bernard Farrah, CEO of ...

Sam Bankman Fried's once-dominant crypto empire came crashing down as FTX filed for voluntary Chapter 11 bankruptcy after losing billions in client investments and failing to close an acquisition deal with Binance, a global cryptocurrency exchange.   According to Reuters, the company lost up to $2 billion in customer funds after ...

The BEX Mauritius Block Exchange has become the first-ever cryptocurrency exchange to get licensed for securities trading. The announcement was made public via a press release this morning. In 2020, the Mauritius Financial Services Commission created a framework for licensing security tokens. This allows blockchain-based securities platforms to avoid lawsuits ...

Alan Lane, CEO of Silvergate, wrote a letter that was made public to assure clients that their funds are secure. Alan Lane has slammed short sellers and other opportunists for spreading misleading information over the past few weeks in an effort to make a fast profit. Alan stated: “It has ...

Britain’s Treasury is completing the final plans on a set of regulations for the cryptocurrency sector, which will include limitations on advertising and sales restrictions for foreign companies.  According to a report, the Financial Conduct Authority started looking into the anti-money laundering controls used by UK-based crypto companies this year, ...