Day: 24 September 2024

CEL, the native token of Celsius Network, has reportedly surged in value by 300% just one month after making a $2.5 billion payment to over 250,000 creditors. According to data from Coingecko, CEL was valued at $0.16 on August 26, 2024, and then rose to $0.56 by September 23, 2024, ...

In a surprising turn of events, Ethereum whales are strategically reallocating their DeFi profits into Shiba Inu (SHIB) and ETFSwap (ETFS), showcasing a growing interest in these emerging digital assets and stirring excitement within the crypto community. Why Ethereum Whales Are Moving DeFi Profits To ETFSwap (ETFS) Ethereum whales looking ...

eToro has announced the expansion of its cryptocurrency services in Germany by introducing a new service: spot trading. Previously, the platform only offered German users the ability to trade cryptocurrency through contracts for differences (CFDs). According to its press release, though the partnership with DLT Finance is a recent development, ...

Upbit, South Korea's largest cryptocurrency exchange, has announced plans to update its privacy policy and migrate customer's data to U.S.-based servers starting October 1. The exchange noted that it will use Amazon Web Services (AWS) to host these data with the aim of enhancing its service reliability while ensuring compliance ...

Kraken has made another strategic move to bolster its presence in Europe with its acquisition of Coin Meester (BCM), one of the Netherlands' oldest registered crypto brokerage firms. This acquisition allows Kraken to strengthen its foothold in the Dutch market while also securing a virtual asset service provider (VASP) licence ...

Ireland is working closely with the European Union’s regulatory agencies and authorities to align the country’s stance with the Markets in Crypto-Assets (MiCA) regulation, according to Central Bank Deputy Governor Derville Rowland. Rowland revealed this during her speech at the Association for Financial Markets in Europe (AFME)'s 8th Annual European ...

The Swedish Police Authority, along with the Financial Intelligence Unit (FIU), has labelled cryptocurrency exchanges as "professional money launderers (PMLs)" following an investigation into services offered by unregulated and illegal operators. The FIU claimed these crypto exchanges are tied to criminal organisations, and they help facilitate the systematic laundering of ...