The next big thing in the world of finance. Ridden with controversy and backlash from many governments, we expect crypto to be the torchbearer of virtual currencies in the future.
FTX in Deep Waters: Owes Billions to Top Creditors
Key points: According to court documents, FTX owes $3.1 billion to at least 50 creditors. The crypto exchange filed for bankruptcy earlier this month after it collapsed. The court filing has not listed the names of creditors in the court filing. Documents from a recent...
Crypto fan Rishi Sunak could turn the UK into a crypto-hub
Key points: Rishi Sunak was appointed as Prime Minister of the United Kingdom this week. Crypto experts have embraced his appointment, calling it a potential game changer for UK’s crypto market. Sunak’s appointment could revive UK’s crypto ecosystem and also open up new opportunities. Crypto...
Blockchain.com & Visa: Launching Crypto Debit Cards
Key points: Blockchain.com will soon roll out a Visa crypto debit card Initially, the crypto debit card will be available to only U.S citizens The card will enable them to make payments using their cash or crypto balance at all places where Visa debit cards...
Coinbase and Blockchain.com enter Singapore after obtaining approval
Key points: Blockchain.com and Coinbase have got approval from Singapore’s central bank to provide payment services in the country Blockchain.com became the second crypto company in the past two days to get approved after Coinbase announced it had received a similar approval this week As...
How to start your cryptocurrency investment – a simple guide for beginners
Since the start of the last decade, cryptocurrency has emerged as an enticing, yet overlooked investment asset. These currencies are not recognized by the traditional central institutions including governments and banks in many countries worldwide. That being said, we have noticed a shift in the...
State of cryptocurrencies in 2030 – trends, regulatory landscape and more
The cryptocurrency landscape has evolved at a rapid pace since Bitcoin was released back in 2009. The last two years have arguably been one of the most exciting phases for the crypto ecosystem. Besides, crypto-based assets and associated products have garnered immense popularity in the...
Crypto.com goofs up by accidentally sending $7.2 million to a customer, notices after seven months
Key points: Crypto.com has admitted that it made a colossal blunder by transferring $7.2 million to a customer in Australia Instead of giving her a $68 refund, the crypto trading platform accidentally sent millions to her account The fintech company, which did not notice this...
