Banks have already been closed for six working days due to civil unrest, with fresh information confirming they would stay that way for an unspecified time. Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed. Banks to open “once normalcy restored” In an…
Read more
Jack Dorsey. Jack Dorsey, the CEO of Twitter, has launched a scathing attack on rival social media platform Facebook’s Libra plans. Dorsey was speaking at a Twitter event held in New York, and was asked about the possibility of Twitter joining the Libra Association – with Facebook representatives in attendance. Dorsey did not pull any…
Read more
Polish authorities arrest the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other cryptocurrency exchanges. Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities. According to local news outlet wPolityce’s report published on Oct.…
Read more
The United States-based cryptocurrency exchange Kraken announced that its WebSockets private API is now live. Major cryptocurrency exchange Kraken made its WebSockets private Application Program Interface (API) available for all Kraken clients. On Oct. 24, Kraken reported on its blog that the first two messages of the private API have gone live to all of its…
Read more
Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency the Nigerian Naira. Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24. Binance adds three new NGN trading pairs Per the announcement, NGN deposits will be processed by online payments processor Flutterwave and the…
Read more
Galaxy Digital CEO and founder Michael Novogratz has hinted at new Bitcoin fund, with unconfirmed reports predicting a November launch. Michael Novogratz, Galaxy Digital CEO and chairman, spoke to CNBC’s Squawk Box where he said that a new Bitcoin (BTC) fund was in the works. Novogratz alludes to new funds in interview On Oct. 24,…
Read more
Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines. Lowest rates in the blockchain ecosystem In a press release published Oct. 22, Nexo announced that it…
Read more
Based on Finder’s survey of 2,068 Americans, 36.5 million people in the United States own some form of crypto to date. The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial…
Read more
CEO of Canada-based blockchain technology firm Blockstream, Adam Back, said that the company is looking into ways how to help crypto users to safeguard their bitcoin (BTC) holdings even more. During an interview at the Lighting Conference in Berlin this past weekend, Back discussed the value of privacy and security but said that “managing backups…
Read more
Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors. Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors, including Galaxy Digital…
Read more
