Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets
Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages...
Citing
eToro Pulls Plans for Nasdaq Citing Circumstances ‘Beyond Our Control’
eToro and FinTech Acquisition Corp V have mutually agreed to terminate a merger agreement first announced in March, putting to...
Crypto Lending Platform Vauld Halts Operations Citing Financial Difficulties
Vauld, a Singapore-based cryptocurrency lending and exchange platform, has halted its operations, citing financial difficulties amid volatile market conditions. The...
The how, what, and why of Vauld suspending its services citing ‘challenges’
In light of the crypto-market’s recent fortunes, popular lending platform Vauld has halted trading, deposits, and withdrawals. The company’s management...
KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”
Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about...
Chinese marketplace buys back NFTs, citing policy unclarity
Non-fungible token (NFT) marketplace Yucang Digital Collectibles announced that it is buying back assets sold on its platform due to...
Bitpanda announces layoffs citing no compromise on product quality
Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it...
Crypto Futures Exchange CoinFlex Suspends Withdrawals Citing Counterparty ‘Uncertainty’
Cryptocurrency futures exchange CoinFlex has temporarily suspended all withdrawals citing “extreme market conditions and continued uncertainty involving a counterparty.” ●...
CoinFLEX Halts Withdrawals, Citing ‘Uncertainty’ Around Unnamed Counterparty
CoinFLEX is halting withdrawals until at least June 30, the exchange said The unnamed counterparty is not Three Arrows Capital,...
Middle East Crypto Exchange, BitOasis, Cuts 5% Of Its Staff Citing Recession and Market Turmoil
As the bear market spreads, more cryptocurrency exchanges are joining the wave of mass layoffs, even though some analysts suggest...