Bithumb restricts employees from trading crypto on its platform
Bithumb will soon totally bar its employees from accessing its platform to trade crypto, following the introduction of staff-related trading limitations a few months ago. A major South Korean cryptocurrency exchange, Bithumb , has imposed trading restrictions on its workers, prohibiting them from trading on the platform. Starting this month, Bithumb employees will be prohibited from purchasing […]
Hedge Fund’s $200M Nikel Digital Asset Paused After The Market Collapse
The co-founder of hedge fund says he’s keeping his investing powder dry in case the crypto market resumes its meteoric rise. Following the crypto market crash in May, crypto hedge fund Nickel Digital Asset Management switched to a cash position. According to Bloomberg, a $200 million crypto hedge fund founded by JPMorgan and Goldman Sachs […]
AZ Alkmaar, a Dutch football team to retain BTC and pay its players in Bitcoin
Az Alkmaar is expected to become the first Dutch professional football team to pay player salaries in Bitcoin. Az Alkmaar is going to become the Netherlands’ first professional football team to pay player salaries in Bitcoin (BTC). The Eredivisie team, which finished third in the 2020/2021 Dutch football season, appointed crypto broker Bitcoin Meester as […]
To reduce speculation, Huobi Crypto withdrawals: Huobi imposes a 24-hour hold to limit speculation
Huobi’s move is in line with Beijing’s multi-pronged crackdown against cryptocurrency investors in the country. The move is a setback for all Huobi users, who will be unable to withdraw their tokens for up to 36 hours if the exchange’s risk assessment system deems them to be particularly at risk. The move is part of […]
Iran’s Ministry of Industries, Mining and Trade approves operating permits for 30 crypto mining centers
Only one license to manage a crypto mining center was given to Tehran Province, which is home to Iran’s capital. Last Wednesday, Iran’s Ministry of Industries, Mining, and Trade approved operating permits for 30 crypto mining centers in the country, according to the country’s Financial Tribue. According to the report, Iran’s Semnan Province acquired the […]