Crypto news

LedgerX – cryptocurrency derivatives exchange and a subsidiary of the collapsed giant FTX – will reportedly cease its partnership with Silvergate Bank. It urged users to receive wire transfers via the New York-based Signature Bank. Switching to Another Partner According to a Bloomberg coverage, LedgerX differentiated itself from the embattled financial institution focused on cryptocurrencies – Silvergate Bank. It advised customers to refrain from using it to receive domestic...

Online brokerage firm Robinhood rolled out its crypto wallet app worldwide for IOS users on Wednesday.  The app will support both the Ethereum network and its Layer 2 scaling solution, Polygon – but not Bitcoin.  Robinhood’s Web3 Wallet Per a blog post from Robinhood, the firm’s wallet app has now rolled out to a waitlist of over 1 million users, and has been downloaded in over 130 countries.  For a limited time, users of the app can be rewarded with 1 USDC if they deposit...

Visa’s crypto head dismissed an earlier report from Reuters about the company halting crypto-related launches as inaccurate. Instead, he said Visa will continue to partner with more cryptocurrency firms that can facilitate stablecoin payments, despite the ongoing bear market. Visa Exec Refutes Reuters Report In a tweet thread on Tuesday (Feb. 28, 2023), Cuy Sheffield, head of crypto at Visa, responded to an earlier Reuters report concerning the company, stating that the...

Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...

Hodlnaut was one of many firms severely impacted by the collapse of FTX last November, even as the first signs of crack date back to at least as early as May when it lost nearly $190 million in the crash of the Terra ecosystem. Despite previously downplaying its exposure, Hodlnaut was forced to halt withdrawals in August and enlist third-party interim managers while simultaneously slashing 80% of its employees as part of its cost-cutting measures. But a new affidavit revealed...

Bitcoin’s price has been consolidating below a significant resistance level in recent weeks after continually failing to break it to the upside. While there is still a high probability for the price to break above this crucial point, multiple support levels are also available if a pullback were to occur. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has been rejected from the key $25K resistance level multiple times recently. Currently, the 50-day...

[PRESS RELEASE – Please Read Disclaimer] The partnership enables users seamless access to the Web3 ecosystem and the ability to transfer tokens across different chains without switching wallets March 1, 2023 – Multichain, the ultimate router for web3, has partnered with OKX Wallet, a leading self-custodial solution for digital assets, to expand cross-chain capabilities in the world of blockchain. As part of the partnership, OKX DEX, the built-in decentralized exchange to the...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in that division, the company has now had to do the same for its Abu Dhabi (located in the United Arab Emirates or UAE) location. Kraken Will No Longer Be in the UAE A spokesperson for Kraken has released the following statement: Kraken regularly reviews its business lines to ensure we’re employing resources...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.