Meta announces closing of Novi wallet after 10-month pilot
With the termination of the Novi wallet pilot project in September, Meta’s initial journey into the cryptocurrency realm will come to an end. The announcement that Novi, Meta’s wallet pilot, will terminate in September comes only days after Mark Zuckerberg promotes Meta Pay on Facebook. The pilot users’ information page on Novi’s website has been […]
SBF disputes FTX’s interest in troubled cryptocurrency mining firms
According to Sam Bankman-Fried, there is no acquisition synergy and crypto miners do not fit into the company’s primary goal. Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, put an end to rumors that the business was considering buying struggling crypto mining firms by stating on Twitter on Saturday that they “aren’t actually looking […]
Demise of Peter Schiff’s bank supports Bitcoin case for financial liberty
Peter Schiff’s Bank was shut down by Puerto Rico officials for failing to meet the net minimum capital requirements. Customers were consequently denied access to their accounts after a subsequent freeze. Puerto Rico officials closed down the bank of prominent economist Peter Schiff, who is well-known in the community for his anti-crypto views. Peter Schiff’s […]
Vauld keys lost: Singapore cryptocurrency exchange halts withdrawals
Vauld, a cryptocurrency-focused lender, has halted all withdrawals, trading, and deposits with immediate effect. Another victim of the crypto contagion. The painful decision to suspend all withdrawals, trading, and deposits on the Vauld platform with immediate effect has been made by Singapore-based cryptocurrency exchange Vauld. The business plans to “appeal to the Singapore courts for […]
Sango crypto hub launches in Central African Republic
According to the Central African Republic President Faustin-Archange Touadera, the Sango crypto hub initiative will promote financial inclusion by lowering entrance barriers in the banking industry. To encourage the growth of the regional digital asset market, the Central African Republic (CAR) has developed the Sango crypto hub initiative, which is supported by the government. The […]