News

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

February 9, 2023 0

Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The

News

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens

February 9, 2023 0

Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move towards $1,700 during yesterday’s session. Bitcoin Bitcoin (BTC) slipped […]

News

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

February 9, 2023 0

Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital

News

Yield farming is live on Bitcoin․com’s Verse DEX with ~80% APY

February 9, 2023 0

Bitcoin.com is excited to announce that Verse Farms are live on the Verse DEX. Anyone can now deposit select Liquidity Pool (LP) tokens into Verse Farms to earn additional rewards on top of the trading fees already earned for providing liquidity. The first Verse Farm is for the VERSE/ETH pool with a starting APY of […]

News

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report

February 9, 2023 0

Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder of the Russia-Linked Bitzlato Exchange Apprehended in Moscow Anton Shkurenko, co-founder

News

Nigerian President Barred From Extending Old Naira Banknote Demonetization Deadline

February 9, 2023 0

With just a few days left before the old naira banknotes are demonetized on Feb. 10 as scheduled, a court in Nigeria has blocked the country’s president, Muhammadu Buhari, and the central bank governor, Godwin Emefiele, from further extending the deadline. Opponents of the central bank’s old naira demonetization plan have asked Buhari and Emefiele […]

News

Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse

February 9, 2023 0

Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking the necessary steps to seek recourse and protect our legal rights.” Wazirx Says Binance’s

News

Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’

February 9, 2023 0

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same volatility he did when he owned 32 crypto tokens prior to the collapse of crypto exchange FTX. […]

News

Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession

February 9, 2023 0

Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added. ‘Cryptos May Be Facing Their First Real Recession’ Bloomberg Intelligence (BI), the research arm

News

Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey

February 8, 2023 0

Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations for a charity organization. Leading Exchanges Commit to Supporting the Victims of the