The global division of Spanish financial institution Banco Santander – Santander Private Banking International – has reportedly introduced a new feature that enables customers with Swiss accounts to engage in the investment and trading of Bitcoin (BTC) and Ethereum (ETH). Given Banco Santander’s extensive history of more than 160 years and its broad customer base...Read More
Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on...Read More
The U.S. Department of Justice has settled charges against crypto exchange giant Binance for $4.3 billion, bringing investigations spanning back to 2018 to a close. The DOJ confirmed the settlement in a live video announcement on Tuesday, marking one of the largest enforcement actions ever closed in a crypto-related case. The company pled guilty to...Read More
Changpeng Zhao “CZ,” CEO of Binance, the largest global cryptocurrency exchange, has pleaded guilty to criminal charges brought by the U.S. Department of Justice. According to John Reed Stark, a former chief at the SEC’s Office of Internet Enforcement, this significant legal twist was anticipated. John Stark: “A Predictable Outcome” Stark commented that CZ’s resignation...Read More
Binance founder Changpeng Zhao (CZ) will plead guilty to floundering anti-money laundering (AML) provisions as part of a settlement deal with the U.S. Department of Justice (DOJ), according to a Tuesday report from the Wall Street Journal (WSJ). He has also agreed to step down as CEO of his exchange and pay a $50 million...Read More
Celsius, a cryptocurrency lending platform, has revealed its intention to transform into a new entity with an exclusive emphasis on Bitcoin mining. This change, disclosed in a recent court filing, represents a departure from its initial reorganization strategy, including a focus on staking. Celsius Moves Towards Mining-Exclusive Entity Following feedback from the U.S. Securities and...Read More
Mauricio Di Bartolomeo, co-founder of Ledn Inc., a company specializing in Bitcoin lending services, shares his journey that was affected by his experiences in Venezuela’s economic turmoil, which shaped his understanding of financial independence and the role of BTC in achieving it. Di Bartolomeo’s experience in Venezuela, where he witnessed the collapse of the country’s...Read More
In the crypto world, overnight millionaires are not a myth but a reality. And one trader has turned a mere $98 into a staggering $1.1 million in 91 days. However, this isn’t a story of luck; it’s a narrative woven with strategic brilliance and market insight that propelled the trader into the crypto millionaire club....Read More
[PRESS RELEASE – Saint Vincent and, the Grenadines, November 21st, 2023] ApeX Protocol, one of the leading permissionless and non-custodial derivatives decentralized exchanges (DEX), is proud to announce its first-year anniversary, marking a year of remarkable achievements, strategic partnerships, and exciting roadmap unveilings. ApeX will be celebrating this milestone with a 2-week-long celebration, with 25,000...Read More
As prudent investors constantly scout the fast-paced crypto arena, they constantly seek the next lucrative opportunity. As 2023 lays the carpet for 2024, the spotlight turns to whether Cardano or the Bitcoin Spark’s bonus event holds the key to the most promising play this year. What is Cardano? Cardano is a blockchain platform with a...Read More
Jesse Powell, the co-founder of the cryptocurrency exchange Kraken, has slammed the United States Securities and Exchange Commission (SEC) over the agency’s latest legal move. In a tweet, Powell referred to the SEC as “USA’s top decel,” stating that the regulator has returned with another assault on America. Kraken Co-Founder Slams US SEC Powell’s comments...Read More
On Nov. 21, Weiss Crypto reported that it had upgraded Chainlink to an “A-” rating. This has propelled the Oracle network token to second place after Bitcoin. Furthermore, it is the only other A-rated crypto asset aside from BTC. Weiss noted that its rating algorithm takes into account a series of factors such as “historical...Read More
Apple has been accused of non-competitive practices regarding payment methods used on their devices several times in the past. The most notable example of the Cupertino electronics manufacturer being taken to task for these practices would be the landmark case vs. Epic Games, who eventually won the right to inform users of their app of...Read More
Bitcoin (BTC) has entered a consolidation phase, where uncertainty and fears abound about its price declining further. According to the latest edition of the Bitfinex Alpha report, BTC is hovering around the $37,000 price range with signs of diminishing momentum and positive funding rates on futures contracts, a metric historically associated with market declines. Besides...Read More
The U.S. Securities and Exchange Commission (SEC) filed a 90-page lawsuit against cryptocurrency exchange Kraken on Monday, re-centering the firm among a handful of crypto giants in the agency’s legal crosshairs. The lawsuit accuses Kraken of a slew of securities law violations, and of commingling customer funds with corporate assets in ways that could risk...Read More
