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German Crypto Bank Nuri Files For Insolvency
The bank said the move will ensure the safest path forward for all its customers, but also stressed that insolvency will not affect its services, customer funds.Nuri a German crypto focused bank with 500,000 customers, filed for insolvency on Aug. 9, citing falling crypto prices, the insolvency of C...
crypto (NFT)
Cryptobank could take USD 6,000 million in bitcoin to El Salvador
According to Milena Mayorga, El Salvador's ambassador to the United States, the financial firm Bank to the Future has begun a process to establish itself legally in the country, and is currently waiting to obtain permits and licenses. This has been reported by the newspaper El Salvador.When they hav...
Bitcoin (Crypto)
Trend Micro reports vulnerabilities in metaverse security development
In a new report published by the US Japanese cybersecurity company Trend Micro, the company claims that the metaverse has more and more vulnerabilities that could materialize in the next three to five years.The main threats to the metaverse, especially from a regulatory point of view, are the securi...
crypto (NFT)
Binance Card users now have access to XRP, SHIB and AVAX
The Binance Card allows its holders to convert and spend cryptocurrencies in more than 60 million online and physical stores.Binance announced on Friday that its Binance Card is now compatible with three new altcoins. Card users can now access their Ripple XRP, Shiba Inu SHIB, and Avalanche&nb...
crypto (NFT)
The mystery of the company that shot up 21,400% in the stock market and collapse...
At the height of trading, AMTD Digital saw its value increase by more than three times reaching over $450 billion in market capitalization.Little known Hong Kong-based financial services company AMTD Digital has drawn media attention in recent days due to fluctuations in its stock prices.The company...
crypto (NFT)
Dollars in the Lightning Network
The innovation, dubbed Stablesats, uses derivative contracts to create a synthetic dollar backed by Bitcoin and pegged to the USD.Dollars at the click of a button on the Lightning Network could soon be a reality. An innovation from Galoy, the provider of basic open source banking platforms like the ...
crypto (NFT)
Zipmex gradually resumes withdrawals from its Z Wallet
Zipmex customers can withdraw Solana - SOL from their wallets starting Tuesday and will be able to withdraw XRP and Cardano - ADA from Thursday, August 9, the company said.Fed requires Voyager to withdraw false claims that deposits are FDIC insuredCryptocurrency exchange Zipmex, which operates in Th...
crypto (NFT)
UK FCA cracks down on high risk asset listings
The FCA has finalized stricter rules to help tackle misleading advertisements that encourage investment in high risk products. The regulator's attempt to reduce the number of people who invest in high-risk products is due to concerns that a significant number of people do not understand the risks em...
crypto (NFT)
Cryptocurrency applications in Latin America grew 182%
82% of the Chilean community currently invests in cryptocurrencies and 66% have no knowledge about itMay be subject to significant restrictions as many of the large search and social digital marketing platforms such as Facebook and Google, which typically drive over 50% of conversions, have a Compre...
crypto (NFT)
Binance announces the launch of its crypto card in Argentina
Binance made the announcement for the first time on March 26 this year, however, it first had a test stage during the month of April so it was only available in Malaysia.Now offers its Binance Card to its community in Argentina. This was announced by the company through its account on the social net...
crypto (NFT)
The Council urges the Bank of Central African States to introduce a common digit...
The council sent an email asking the regional bank to introduce a digital currency in an effort to modernize payment structures and promote regional financial inclusion. The Central African Republic, or CAR, passed legislation in April adopting Bitcoin - BTC as legal tender in the country, but has n...
crypto (NFT)
Zipmex resumes withdrawals for trading wallets
Zipmex said its Thailand-based users would be able to make withdrawals from their trading wallet, and the feature is expected to be reactivated this afternoon for customers in other countries. The cryptocurrency exchange had disabled withdrawals since Wednesday, citing a combination of circumstances...
crypto (NFT)
