The Middle East and North Africa (MENA) region is now the seventh-largest market for cryptocurrencies, according to a recent Chainalysis report. The report revealed that between July 2023 and June 2024, countries in the region received $338.7 billion in...
Singapore-based crypto exchange BingX has suspended withdrawals following the detection of a potential hacker attack targeting its hot wallet, with blockchain analysts estimating the losses to exceed tens of millions of dollars. In a post on X dated Sept....
Commerzbank has joined forces with Crypto Finance, a subsidiary of Germany's largest bank, Deutsche Börse, to introduce a new service that offers cryptocurrency trading and custody solutions tailored for its corporate clients. This collaboration aims to provide Commerzbank’s customers...
Mesh, a crypto interoperability project, has announced a strategic partnership with CoinMENA FZE, a leading crypto exchange in the Middle East, aimed at simplifying crypto asset management for residents of the region. This partnership would see the crypto exchange...
Singapore's DBS Bank has revealed plans to launch over-the-counter cryptocurrency options trading and structured notes for qualified institutional investors and accredited wealth clients beginning in Q4 2024. Currently, the bank enables clients to trade cryptocurrencies and security tokens through...
Millions of potential Australian crypto investors are currently "sitting on the sidelines," waiting for more straightforward regulations around the market, according to a new report from local crypto exchange Swyftx. The report, based on a survey of 2,229 adult...
Brazil's neobank Nubank has suspended trading its of native token, Nucoin. “From now on, the ability to buy and sell Nucoins within the app will no longer be available. Trading has been suspended, and Nucoins will only be used...
Crypto ATMs were introduced as a promising solution to help boost the adoption of digital currencies by encouraging their use in day-to-day transactions. These machines allow users to buy and sometimes sell cryptocurrencies using cash or credit cards and...
Indian crypto exchange CoinSwitch has launched a new suite of specialized investment services targeting High-Net-Worth Individuals (HNIs) and institutional investors. The new offering, which requires a minimum investment of ₹10 lakhs (approximately 623 USD), aims to provide a range...
Zurich Cantonal Bank (ZFB), Switzerland's fourth-largest financial institution, has announced the launch of crypto-focused services for its customers. In a press release published on September 4, 2024, the bank detailed that these new services are fully integrated into its...
