Binance Suspends User Account With Asset Worth $1,000,000

One of the largest crypto exchanges globally, Binance, has been called out over an alleged case of violation of users’ rights. The allegations stated that a platform user lost access to its million-worth corporate account on the Binance platform. The suspended corporate cryptocurrency platform had holding and virtual assets worth $1 million before the ban….

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Taco Bell Set To Host Virtual Wedding In Metaverse

Metaverse/Virtual Reality is gradually gaining interest, rapidly growing to become infused in all day-to-day human activities. Ever since the announcement of the virtual space idea and innovation by social media mogul Mark Zuckerberg in 2021, the virtual space project has received much interest and migration from companies. Taco Bell And Decentraland To Host Virtual Couple…

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DogeCoin Enters List of Top 10 Whales’ Most Traded Assets

After days of visiting the bottom of the cryptocurrency charts and markets, the canine meme token DOGE has made a rebound. The world’s largest meme token, DOGE, has just been listed among the most traded tokens in the cryptocurrency markets. Investors, whales’ action is also increasing on the token network.  DOGE Makes TOP 10 Trading…

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Crypto Market Lose $80 Billion As BTC Drops to 6-Week Low

Following the US Fed Chair speech yesterday, the crypto market cap dipped below $1 trillion. After trading in a straight line for a while, Bitcoin finally dropped below the $21,000 mark recording a 6-week low below $20,000. All altcoins are trading in the red zone with ETH below $1,500. AVAX, ADA, and SOL Ave dipped…

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Singapore’s MAS Probes Crypto Firms Ahead Of Regulatory Revamp

Following the catastrophic fallout of various crypto firms in Singapore, the MAS (Monetary Authority of Singapore) is surveying crypto firms that are operating in the state. The survey aims to help the regulator gain more information about their operations. Singapore’s MAS Sends Questionnaire To Crypto Firms According to reports, the MAS sent a questionnaire to…

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Ex SEC Chair Asks U.S. To Embrace Crypto Before Regulations

On August 25th, Jay Clayton, former Chairman of the US SEC (Securities Exchange Commission), weighed in on crypto regulation in the country in an interview with the Wall Street Journal. He agreed that getting lawmakers to agree on regulations for digital currencies is not an easy task. Clayton Ask SEC To Issue Guidelines For Tokenized…

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Bitstamp Records High Interest From Institution Users

The global cryptocurrency space has embarked on a progressive and ever-growing adoption and interest in virtual currencies. Cryptocurrencies and blockchain are the future of currencies and other denominations.  A high-profile crypto exchange platform, Bitstamp, has alleged that it has recorded tremendous interest in crypto on its medium. Despite the strict regulations on the crypto industry,…

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Crypto Exchange, Poloniex, Moves To Expand Presence In India

This year has seen much progress and expansion of different cryptocurrency firms and companies globally. Over the past few months, several companies have acquired or merged with others, extending their presence in the untapped target crypto audience.  A cryptocurrency exchange platform has just announced its plans to expand and dominate the Indian regions. The San-Francisco-based…

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Traditional Finance Institutions Migrating Into Crypto Space

The past few months have been migration from top financial and digital institutions and firms into the cryptocurrency space. The cryptocurrency industry is a diverse space, with almost all human daily activities, needs, uses, and applications embedded. This high-influx migration has been recorded globally in different economic and digital industries. The Ever Growing Adoption and…

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Indian Police Launch Arrest Warrant For Bitconnect Founder

The Indian Police Agency has released an arrest warrant for a cryptocurrency platform founder, Satish Kumbhani. This warrant comes after Satish was indicted by the United States Federal Bureau of Investigation in February for alleged fraud worth billions.  Satish Kumbhani Declared Wanted By Indian Police The Indian Police agency launched an investigation into a cryptocurrency…

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