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OKX Offers First Bitcoin Ordinals NFT Collection

OKX Offers First Bitcoin Ordinals NFT Collection

The first Bitcoin Ordinals NFT collection, Bitcoin Punks, is now available on the OKX NFT marketplace. In its first launch, which OKX announced on March 6, explains how it will allow trading of BTC NFT, which can be withdrawn to your bitcoin wallet. The first-ever Bitcoin Ordinals NFT has just been made available on the […]

Kraken Plans To Launch Its Own Bank

Kraken Plans To Launch Its Own Bank

The staggered rollout of its Bank service in 2022 was already indicated on the website of the cryptocurrency exchange Kraken. Despite a challenging regulatory environment and several charges of breaking securities laws by the US Securities and Exchange Commission, Kraken is still committed to launching its bank. The launch is proceeding as planned, according to […]

Bybit Suspends USD Deposits Via Bank Transfer

Bybit Suspends USD Deposits Via Bank Transfer

Dubai-based Bybit is the most recent cryptocurrency exchange to halt wire transactions in dollars, citing partner interruptions. Due to “service outages from a partner,” Dubai-based cryptocurrency exchange Bybit has stopped deposits in US dollars made through bank transfers. Wire transfers can be used to withdraw money until March 10. The cryptocurrency company stated that “USD […]

Crypto bank Silvergate forced to return $9.85M deposit to BlockFi

Crypto bank Silvergate forced to return $9.85M deposit to BlockFi

Silvergate Bank has been mandated to give $9.85 million back to BlockFi as part of the latter company’s continuing bankruptcy proceedings. According to that court document, BlockFi and Silvergate signed a contract in August 2020 under which the crypto bank would operate as a depository institution for the purposes of processing specific ACH transactions. BlockFi […]

Russia unveils mutual Fund for financing Crypto mining operations

Russia unveils mutual fund for financing Crypto mining operations

A Russian business has revealed a new fund that will be used to subsidize cryptocurrency mining operations in the country. Finam management, a Russian investment management company, has introduced a new fund designed to finance cryptocurrency mining operations in the nation, according to Kommersant. Only approved investors with a minimum investment of 300,00 rubles (about […]