Monthly Archives: November, 2022

Binance Purchases SEBC Exchange, and Set to Re-enter the Japanese Market

Binance, a cryptocurrency exchange, has reentered the Japanese market after buying a 100% interest in Sakura Exchange BitCoin (SEBC), a licensed exchange there. Despite the...

Arrest warrants are issued in South Korea for known associates of Do Kwon

Do Kwon, the co-founder and CEO of Terraform Labs, is still being sought for, but South Korean officials have expanded their inquiries to include...

The Company That Runs the FTSE 100 Has Just Unveiled a Cryptocurrency Index Series

FTSE Russell, the business that is responsible for the benchmark FTSE 100 stock index that is maintained by the London Stock Exchange, has released...

The Use of Cryptocurrency as a Valid Form of Payment Is Now Legal in Brazil

Brazil has not designated Bitcoin as legal tender; however, it has done the next best thing: it has passed a law legalizing cryptocurrencies as...

The Deputy Prime Minister of Singapore expressed his disappointment with the FTX loss

According to Singapore's Deputy Prime Minister and Minister of Finance, Lawrence Wong, Temasek's investment loss of $275 million as a result of the failure...

As a Result of a Slowdown in the Rise in Energy Costs, the Inflation Rate in the Euro Zone Has Decreased to 10%

According to preliminary numbers that were released on Wednesday, inflation in the euro zone slowed marginally in November. This was accompanied by prices falling...

Enjoy 50% Off Alchemy Pay on your first Fiat On-Ramp order on ProEX

It should become increasingly straightforward for people to comprehend how to get bitcoin using the fiat money of their choosing as cryptocurrency usage continues...

5 Real World Use Cases of Ethereum and win USDT by participating in ProEX Brainstorm Challenge

Ethereum has expanded on Bitcoin's decentralized digital currency by constructing a global network that supports an interconnected marketplace of decentralized applications (dApps) — from...

Kraken and ConsenSys back Kiln in a $17 million funding round

ConsenSys and the venture arm of cryptocurrency exchange Kraken have invested €17 million ($17.6 million) in institutional staking platform Kiln. The October equity round...

AAVE Closes Credit Markets Momentarily to Prevent Additional Attacks

Protocol for decentralized liquidity Aave has temporarily banned loan markets for 17 tokens to protect against volatility concerns that might lead to more market...

Chinese Tesla Rival Nio and Giant Tencent to Collaborate on Autonomous Driving Technology

The Chinese electric car manufacturer Nio and the Tencent have agreed to collaborate on autonomous driving and high-definition mapping. Tencent, a gaming, social media, and...

The ‘Golden Age’ of British-China Ties is Ended, According to UK Prime Minister Rishi Sunak

The so-called golden age of ties with China is finished, according to British Prime Minister Rishi Sunak, who warned that Beijing's path toward greater...

In Order to Resolve Allegations of Iran Sanctions, Kraken Will Work With U.S. Regulators

The cryptocurrency exchange Kraken has agreed to pay a settlement fee of $362,000 to resolve claims that it violated sanctions against Iran, according to...

Crypto Bank Silvergate Claims That Their Exposure to Blockfi Digital Asset Deposits is Less Than $20 Million

In a late-Monday press release, Silvergate Capital (SI) stated that fewer than $20 million of its total deposits from all digital asset customers as...

Blockfi, a Cryptocurrency Startup, Declares Bankruptcy as the Repercussions From FTX Grows

Following the downfall of putative buyer FTX, distressed crypto business BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court...

Stocks Tumble as Demonstrations in China Impair Market Sentiment

Stocks dipped on Monday as social turmoil from China's extended Covid restrictions dragged on markets, bringing oil prices down – despite Wall Street's gains...