Crypto exchange Binance restricts 281 Nigeran accounts LeapRate

January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

January 21, 2022 BY Steffy Bogdanova

Robinhood crypto wallets beta program goes live

The Beta program Beta testers will help the company test core functionality and give feedback which will help reach the final version of the product. During the Beta program stage of the project, Robinhood will finalize the send and receive flows, add QR scanning functionality, improve the transaction history interface, and add block explorer support…

January 18, 2022 BY Steffy Bogdanova

UK Government to tighten rules on misleading crypto ads

Around 2.3 million people in the UK are thought to be holding crypto assets, according to an estimate. This move will hopefully ensure that cryptoasset advertisements are “fair, clear, and not misleading.” Chancellor of the Exchequer, Rishi Sunak said: Cryptoassets can provide exciting new opportunities, offering people new ways to transact and invest – but…

January 17, 2022 BY Steffy Bogdanova

ASIC warns about risk in crypto investment when using SMSF

Crypto-asset investment ASIC reminded investors to consider the risks before using their SMSF to invest in crypto-assets. Trustees of SMSF bear responsibility for the fund’s decisions and for legal compliance. The regulator recently warned the public about an increase in scams involving crypto-assets. ASIC said in the official warning: If you decide to set up…

January 11, 2022 BY Steffy Bogdanova

BUX Zero introduces crypto

Crypto education and risk management BUX will ensure consumers have access to the correct information about different asset classes by making available in-depth and informative content about cryptos. Its clients will also be able to access in-app daily news and market analysis to get a comprehensive overview of market trends and activity. Through working with…

January 10, 2022 BY Steffy Bogdanova

TP ICAP starts offering crypto ETP trading to European clients

TP ICAP’s crypto services are now available in Europe with plans to also reach the United States as well. Simon Forster, Co-Head of TP ICAP Digital Assets, commented: We’re delighted to start providing liquidity for clients in these European crypto asset equity instruments alongside Goldman Sachs and some of the most respected market makers in…

December 29, 2021 BY Steffy Bogdanova

eToro expands crypto offering with the Sandbox and CELO

CELO The DeFi platform Celo (CELO) helps users and investors to settle transactions via their mobile phones. Celo makes acess to financial services easier though tools and transactions available on mobile-first basis. CELO investors can vote on initiatives such as making the CELO blockchain carbon neutral. Natalie Alfers, Exchange & Partner Marketing Lead at the…

December 23, 2021 BY Steffy Bogdanova

Kraken acquires infrastructure platform Staked

The announcement further detailed that through the deal, Kraken’s clients will have more options on how they choose to manage their funds when staking with Kraken. Tim Ogilvie, CEO of Staked said: Kraken’s acquisition of Staked represents an exciting new chapter for us. Kraken clearly shares our commitment to supporting proof-of-stake networks, having a security-first…

December 16, 2021 BY Steffy Bogdanova

Deutsche Börse acquires majority stake in Crypto Finance

Crypto Finance will now be able to access to Deutsche Börse’s client and infrastructure and its capital base to further grow its team, carry out structural growth plans, and broaden its product and service portfolio. The expansion of the customer base will be focused on Germany in Europe, and Singapore in Asia. Eric Leupold, Head…

December 15, 2021 BY Steffy Bogdanova

TP ICAP investigates security vulnerability Log4Shell

TP ICAP highlight that there is no evidence that this has happened. Since finding out, the company has been evaluating its exposure and methodically fixing as patches have become available. Additionally, the company has been deploying signatures and enhanced security controls to further strengthen the protection on its environment from the Log4j exploit. The official…

Tag: Crypto