One of the tech giants in Indonesia – PT GoTo Gojek Tokopedia (known as GoTo) – reportedly acquired local cryptocurrency exchange PT Kripto Maksima Koin for 124.84 billion rupiahs ($8.4 million). The firm said that the agreement aligns with its goal to become “a diverse money management hub.” Despite the negative stance displayed by the...Read More
Major stablecoin issuer Tether has refuted claims made in an earlier story by the Wall Street Journal (WSJ), stating that the publication discredited the company’s transparency efforts and questioned Tether’s profitability. The USDT issuer is no stranger to controversy, especially regarding questions surrounding its reserves. So far, the company has reduced its exposure to commercial...Read More
As hawkish remarks from the US Federal Reserve concerning inflation and the economic slowdown continue to weigh on riskier assets, the price of bitcoin today rose to trade above $20,000 after falling below the level in the previous sessions. At $20,333, the largest and most widely used cryptocurrency was trading slightly higher. According to recent...Read More
The Albanian authorities arrested Faruk Fatih Ozer – the CEO of the Turkish cryptocurrency exchange Thodex – in the city of Elbasan. Last year, the platform ceased trading and withdrawals, while the 28-year-old executive was rumored to have left Turkey with $2 billion in users’ funds. Despite not managing to detect Ozer’s whereabouts, Turkish law...Read More
[PRESS RELEASE – UAE, Dubai, September 1, 2022] Helion Ventures Investment Limited, is set to launch on September 1st, 2022 in Dubai, UAE, and is located in the DIFC. Helion Ventures is a venture capital based in the UAE with a focus on investing in DeFi, early-stage tokens, crypto, blockchain and Fintech technology projects in...Read More
[PRESS RELEASE – Please Read Disclaimer] Since bursting onto the scene in March, SolidusX has won plaudits from professionals and first-time investors alike, thanks to its reasonable fees, high functionality, and broad range of easy-to-use features “Our overriding aim is always support and guide investors toward a prosperous financial future,” David Ginsburg, Investment Director at...Read More
[PRESS RELEASE – London, United Kingdom, 31st August 2022] Kinesis, the world’s leading gold and silver-based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR alongside Kinesis’ native gold and silver-based stable coins, KAU and KAG. Users can instantly trade...Read More
[PRESS RELEASE – Kaunas, Lithuania, 31st August 2022] Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on Cardano mainnet. The release is scheduled for the 13th of September, making Aada V1 the first lending and borrowing protocol to launch on Cardano mainnet. Aada...Read More
One of the renowned crypto analysts and traders who is mostly followed for his accurate altcoin prediction has now come up with his analysis on three of the most important altcoins. An anonymous strategist known as Altcoin Sherpa informs his 181,900 fanbases over Twitter that Solana (SOL), a smart contract platform will make its move...Read More
To become rich is everyone’s dream but to be rich by chance is not everyone’s fate. However, this isn’t a lottery-winning story that sounds crazier than fiction or an inventor who made a fortune from an accidental invention. This is a story about how CryptoCom accidentally transferred a whopping $10.5 million to a woman in...Read More
Almost a month after Hodlnaut froze withdrawals, the crypto lender has been placed under Interim Judicial Management. For the uninitiated, Judicial management is essentially a debt restructuring method where an independent judicial manager is appointed to oversee the affairs, business, and property of a financially distressed company. With the latest judgment delivered on August 29...Read More
