Binance Visa Card Services to End in Europe
Binance, the leading cryptocurrency exchange, announced that it will stop its Visa debit card services in the European Economic Area (EEA) on December 20, 2023. The decision affects about 1% of Binance’s global user base and some humanitarian programs. Binance suggests alternative payment options for its European customers. Binance, the leading cryptocurrency exchange, announced a […]
LBRY Inc. Shuts Down After SEC Judgment and Financial Woes
LBRY Inc., the blockchain company behind the LBRY blockchain and Odysee video-sharing platform, has announced the end of its operations, citing insurmountable debts, including a judgment from the SEC. The cryptocurrency community reacts with shock and support. The financial world and blockchain industry received a significant shakeup recently with the announcement that LBRY Inc., has […]
DTCC Acquires Securrency to Boost Digital Asset Services
DTCC, the largest clearing and settlement service in the U.S., has agreed to buy Securrency, a leading digital asset infrastructure developer. The deal aims to integrate blockchain technology into DTCC’s existing products and services and unlock digital assets’ value for the global financial markets. The financial world and blockchain industry witnessed a major shakeup recently […]
Peter Schiff: ‘Bitcoin is Nothing’
Peter Schiff, a prominent economist and gold bug, has launched a new attack on Bitcoin, calling it a cult and a nothing. He also dismissed the arguments of Bitcoin advocates, such as its utility and scarcity. The global strategist at Europac is no stranger to criticizing Bitcoin and its supporters. He has been a vocal […]
NYAG Sues Gemini, Genesis, DCG for $1 billion Crypto Fraud
The New York Attorney General (NYAG) has filed a lawsuit against crypto exchange Gemini, crypto lending firm Genesis, crypto investment company DCG, and two executives, alleging that they conspired to fraudulently represent Genesis’ financial condition to hide a $1 billion hole in its finances. Gemini lied to investors about the Earn program According to the […]