PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Flynt has gained strong interest from crypto yield enthusiasts, especially during the bear market where volatility is
Bitcoin.com: Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator
An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to
Barely a week after Ethereum’s transition to Proof-of-Stake, Cardano (ADA) has replied to its critics with the widely anticipated Vasil upgrade as it looks to lure more projects to its network with improved features.
India-focused crypto exchange WazirX will unlist three leading stablecoins — Circle’s USDC, Paxos’ USDP, and TrueUSD’s TUSD — effective September 26. In a statement, the company said that users could withdraw their funds by October 5, after which these stablecoins will automatically be converted into BUSD. “WazirX has stopped deposits of USDC, USDP, and TUSD,
Jesse Powell is stepping down as the chief executive officer of Kraken, the crypto exchange he helped co-found in 2011. Powell will transition to a new role as chairman of the company’s board of directors.
Ahead of ParallelChain mainnet launch, GEM Digital Limited, a digital asset investment, has reportedly invested $50 million into the firm. The investment is targeted at the ParallelChain Lab Layer-1 protocol development project. The blockchain industry keeps growing in strength as more funds enter the industry. The DeFi community is one part of the blockchain industry
CoinFLEX is one of the crypto exchanges that suffered during the bearish trend and is currently paving for restructuring. Following its filings for reorganization at s Seychelles court, the exchange released its restricting plan. The crypto winter in the year’s first half brought severe drought to several crypto assets. As a result, the entire crypto
ZyCrypto: Big Eyes Coin Launches $250k Giveaway, Skims Off Crypto Communities in Shiba Inu and Tamadoge
As Big Eyes Coin (BIG) launches its $250k giveaway, crypto communities in Shiba Inu and Tamadoge are joining the BIG train today! But why not? With over 2 million dollars raised after the first presale and a series of charitable donations, you’ll agree this is a community to be a part of. Let’s take a
There are various strategies to make headways in the crypto world. Every investor makes moves they are comfortable with while utilizing their desired strategy. While this is the case for savvy investors, how do beginners make intelligent moves in the market? As we know, cryptocurrencies are volatile assets making them a double-edged sword. For beginners
Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method of payment in Argentina. Bitso Seeking to Drive Crypto Payments in Argentina