Bundle Shuts Down Crypto Exchange Services
Bundle, a Nigerian social payments app, has announced closing its cryptocurrency exchange division. As part of the shareholders’ decision to restructure the firm to focus on Cashlink, Bundle announced in a statement posted on the company blog on July 20 that it would stop operating its exchange services. The company explained in the statement that […]
Binance Burns $480 Million Worth of BNB
Following its 24th quarterly burn, Binance destroyed 1,99 million BNB tokens. The Auto-Burn system executes this burn to maintain the 100,000,000 BNB token supply. The market value of the burnt tokens is $484,160,000. This is a Binance initiative to reduce the number of BNB tokens circulating. The burn is carried out by an Auto-Burn mechanism, […]
Indonesia Reportedly Sets to Launch Crypto Exchange in July
The Indonesian government is making plans to establish a national cryptocurrency exchange. The platform will launch within the next few weeks and will be the only platform allowing crypto transactions in the country. The Indonesian Commodity Futures Trading Supervisory Agency (CFTRA), also known as Bappebti, intends to launch the national cryptocurrency exchange in July 2023, […]
Expert Opinion: Top 11 Things You Must Know Before Investing In Cryptocurrency
With several pieces of information out there about investing in cryptocurrency, one could be left confused about where to start. Read this article to discover the top eleven things you need to know before investing in cryptocurrency. Cryptocurrency has recently become a buzzword, attracting the attention of many investors looking to enter the market. And […]
Belarus Sets to Ban P2P Crypto Transactions
The Belarusian foreign ministry is drafting amendments to the law to prohibit peer-to-peer (P2P) transactions involving Bitcoin and other cryptocurrencies, citing a high crime rate associated with cryptos. The Ministry of Foreign Affairs (MFA) of the Republic of Belarus issued an official announcement on Telegram on July 2 regarding new legislation prohibiting individuals from engaging […]