Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines. The platform has introduced mandatory risk warnings, cool-off periods, and improved compliance measures to […] Source: https://news.bitcoin.com/nexo-reopens-uk-registrations-with-enhanced-user-protections/
Month: September 2024
Mastercard Launches Crypto Debit Card for 100M European Merchants
Mastercard (NYSE:MA), a global leader in the payments industry, has partnered with Mercuryo to launch a groundbreaking euro-denominated crypto debit card. This Mastercard crypto debit card enables users to spend their cryptocurrency holdings at more than 100 million merchants across Europe, directly from their self-custodial wallets. As part of Mastercard’s broader strategy to integrate digital assets into everyday commerce, this…
HNT defies market trend with a 21% surge fueled by Helium ecosystem growth
A surge in subscribers and hotspots are key factors in HNT’s recent double-digit surge. Source: https://cointelegraph.com/news/hnt-breaks-market-trend-with-a-21-surge-fueled-by-helium-ecosystem-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood to Pay $3.9M in Crypto Withdrawal Settlement
Robinhood Markets, Inc. (NASDAQ:HOOD) has agreed to pay a $3.9 million settlement to resolve claims related to its cryptocurrency platform. The California Department of Justice reached this decision after allegations that Robinhood’s crypto platform prevented customers from withdrawing their cryptocurrency assets between 2018 and 2022. This settlement underscores the growing scrutiny surrounding crypto platforms and emphasizes the importance of consumer…
Multiple factors fueling Ether’s ‘dismal’ price action — VanEck
According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024. Source: https://cointelegraph.com/news/multiple-factors-fueling-ethereum-s-dismal-price-action-van-eck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Wall Street’, ‘American Psycho’ Studio Raising Film Funding via Avalanche
The son of a storied Hollywood producer is taking his father’s company where few in town have dared venture: into crypto. Pressman Film, an independent production house that helped create classic movies including “Wall Street” and “American Psycho,” announced on Thursday that it will use investment platform Republic—on blockchain network Avalanche—to launch a tokenized public fund that will allow members…
Binance CEO says CZ is banned from managing or operating the exchange
A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance. Source: https://cointelegraph.com/news/binance-ceo-changpeng-zhao-banned-crypto-exchange?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces […] Source: https://news.bitcoin.com/86-million-tokens-set-for-distribution-in-eigenlayers-season-2-stakedrop/
Coinbase leads crypto lobby surge with 3,475% spending jump since 2017
Crypto lobby spending in the US has surged 1,386% since 2017, including a huge jump in the last two years. Source: https://cointelegraph.com/news/coinbase-leads-crypto-lobby-surge-with-since-2017?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Source: https://cointelegraph.com/news/bitcoin-trades-under-57k-but-data-suggests-pro-traders-are-not-bearish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound