Chainalysis Partners With Bahamian Bank To Offer Crypto Services
Bahamian Capital Union Bank has engaged blockchain data platform Chainalysis to help offer cryptocurrency services. The action comes shortly after the island state passed crypto-friendly legislation to attract investors. Chainalysis will assist the bank with risk management and regulatory compliance as it begins to offer crypto trading and custody services to its customers. Chainalysis to […]
Over 8 billion Shiba Inu (SHIB) burned in 24hrs after burn portal launch
Shiba Inu (SHIB), the world’s second-largest meme cryptocurrency, debuted its much-anticipated Burn Portal last week. Over 8 billion Shiba Inu tokens were burnt in the 24 hours since its launch, according to the developers. Shiba Inu’s move comes as the company expands into new ventures, from developing its metaverse to organizing land-sale events. Over 8 […]
Dogecoin (DOGE) surges 10% as Musk-Twitter deal seems imminent
Dogecoin (DOGE) surges from a one-month low on Monday as reports surfaced that Twitter could accept Elon Musk’s offer as early as Monday. The largest memecoin by market capital soared 10% from an intraday low in a matter of minutes, as multiple reports indicated the social media business was on the verge of accepting Musk’s […]
Bitcoin (BTC) Price Approaches Key Support Level, Will It Fall Further?
Bitcoin (BTC) prices dipped below $38,500 as the crypto market continues to bleed on worries over an economic downturn Fears of Federal Reserve monetary tightening, bearish technical patterns, and liquidation of long positions drove the BTC price to a six-week low of $38,236 in the previous few hours. Meanwhile, Ethereum, the second-largest cryptocurrency, has dropped […]
Crypto Exchange Kraken Gets Abu Dhabi License
One of the world’s largest cryptocurrency exchanges, Kraken received approval to operate in Abu Dhabi. The exchange enters a widespread push into the Middle East, which is seeing a surge in crypto adoption. The move was announced by Abu Dhabi’s market registration authorities in a statement . The exchange is the first to get a […]