Bitpanda Launches ‘Bitpanda Wealth’ for Institutional Investors
In response to the increasing demand for institutional cryptocurrency services in Europe, Austrian fintech unicorn Bitpanda is introducing an institutional-grade cryptocurrency trading platform called Bitpanda Wealth. A significant cryptocurrency broker established in 2014, Bitpanda has introduced Bitpanda Wealth, a new service designed for corporate treasuries, family offices, external asset managers, and high-net-worth individuals. Bitpanda stated […]
Bitstamp Receives 27.7 million XRP Token Transfer from Ripple Labs
Recently, Bitstamp received a significant transfer of Ripple Labs’ cryptocurrency, totaling 27.7 million XRP, or around $14.4 million. According to Whale Alert data, the transfer came from a wallet that was not immediately identified. However, a deeper investigation by Bithomb Explorer revealed that the wallet is connected to Ripple Labs and has a transaction history […]
Germany Seizes 50K BTC Connected to Piracy Websites
As a component of an inquiry into copyright infringements, authorities in the German state of Saxony purportedly seized approximately 50,000 Bitcoin earned from piracy websites. The Saxony police announced on January 30 that they collaborated with tax authorities and prosecutors to seize the Bitcoin, allegedly associated with two Polish and German nationals. As per the […]
How DeFi Platforms Handle Synthetic Asset Liquidations
In decentralized finance (DeFi), understanding how platforms manage synthetic asset liquidations is equivalent to decoding the intricate workings of a financial safety net. This article unravels the strategies employed by these platforms, striking a delicate balance between financial accessibility and stability. We’ll begin by demystifying synthetic assets, exploring the mechanisms governing their liquidations, and navigating […]
Visa, Transak Partner to Provide Crypto Withdrawal Services
Visa, a global payment giant, and Transak have partnered to enable an alternative method of withdrawing cryptocurrencies that circumvents the need for a centralized exchange. The Web3 infrastructure provider Transak and Visa have formed a partnership to enable cryptocurrency payments and withdrawals via the Visa Direct solution, the companies announced on January 30. Using the […]