Crypto news

INTERNET CITY, DUBAI, Mar. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Thrupenny (TPY) on March 31, 2022. For all users of LBank Exchange, the TPY/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 31, 2022. Current DeFi lending space has many problems such as highly volatile interest rate and crypto prices, overcollateralization of staked assets, and no optimal approach to protect liquidity providers...

INTERNET CITY, DUBAI, Mar. 22, 2022 – LBank Exchange, a global digital asset trading platform, will list PLC Ultima (PLCU) on April 2, 2022. For all users of LBank Exchange, the PLCU/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 2, 2022. There are hundreds of millions of people currently deprived of traditional fintech services across the globe due to various reasons. To give them access to a global financial infrastructure and...

INTERNET CITY, DUBAI, Mar. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list SpaceY (SPAY) on March 29, 2022. For all users of LBank Exchange, the SPAY/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 29, 2022. Believing that humanity must leave the cradle of Earth to evolve, SpaceY (SPAY) has developed the maze tower defense game SpaceY 2025. In it, players can use NFTs to develop and defend the human base...

Bitcoin briefly blew past the highest levels of 2022 overnight after reclaiming several key resistance points. Owing to the resurgence of the positive trend, crypto funds have seen fresh investment inflows. The latest data reveals that digital asset investment products saw inflows totaling $193 million last week. This marks the largest volume since mid-December 2021. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, European funds...

[PRESS RELEASE – Boston, USA, 28th March 2022] Humble Swap (https://humble.sh) is on a mission to make the decentralized finance world safer and accessible to everyone. Humble Swap is a new, decentralized exchange that has passed stringent security assessments to ensure customer funds’ safety. In preparation for the launch, Reach Co-Founder and CEO Chris Swenor stated, “We engaged with Kudelski Security to perform an audit for the HumbleSwap Smart Contract. The assessment...

The evasion of Goods and Services Tax (GST) by crypto exchanges was figured in the Indian Parliament on March 28. Minister of State for Finance Pankaj Chaudhary informed that 11 such digital asset platforms were fined for tax evasion in 2021-22.  Tax Evasion by Crypto Exchanges The total tax evasion by these companies amounted to Rs. 81.54 crore (appr. $1.08 million), and with a fine, the Central Goods and Services Tax (CGST) authority recovered Rs. 95.86 crore ($1.2 million)...

Crypto ETP issuer ETC Group has announced the launch of three crypto exchange-traded products tracking the performance of Avalanche, Cosmos, and Polygon. New Crypto Investment Vehicles According to a report by ETF Stream, the latest investment vehicles – ETC Group Physical Avalanche ETP (AVAL), the ETC Group Physical Cosmos ETP (ATME), and the ETC Group Physical Polygon ETP (MTCE) – will track the price of the AVAX, ATOM, and MATIC. The three new products were unveiled via...

A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked with several illicit and dark web clients, many of whom were hackers, drug pushers, and mobsters to hide their illicit gains through cryptocurrency. Thomas Spieker Charged with Crypto Money Laundering It is believed that Spieker laundered as much as $2.3 million worth of bitcoin, the world’s number one digital currency, for several...

The continued investments from some of the most high-profile financial juggernauts in Canada reflect a belief that institutional adoption of crypto and blockchain will keep growing. This western Candian province, which boasts a rich entrepreneurial history, is now looking to play a crucial role in the digital asset industry. Alberta to Becoming Crypto Hub? According to the latest report, Alberta’s ambitions are soaring high as the authorities are looking to position the...

Fadey – a 20-year-old refugee from Ukraine – discussed in a recent interview how he escaped his native country with only $2,000 worth of cryptocurrency on a USB port. Fadey Believes Bitcoin Helped Him Big Time Fadey woke up one morning several weeks ago to discover the sad news that his country had been invaded by Russia. He realized that the stakes were too high and that he needed to leave fast, as being 20 years old, he was facing conscription and time in the military....