Binance crypto exchange outage causes traders to lose millions
Several investors are suing for damages as a result of Binance’s crypto exchange outage that has caused losses worth millions of dollars. The exchange’s policy allows for compensation on trading losses caused by system errors. Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover […]
Crypto.com becomes Lega Serie A’s official crypto partner
Crypto.com partners with Italian football team Lega Serie A, the firm has also signed partnership agreements with the UFC and Formula 1 earlier this year. Crypto.com, a digital asset exchange, will be prominently promoted in football matches during Italy’s Lega Serie A competition as part of a league agreement. Lega Serie A said on Thursday […]
Dogecoin trading accounted for 62% of Robinhood’s Q2 cryptocurrency earnings
Cryptocurrency trading accounted for around 41 percent of Robinhood’s quarterly income, with Dogecoin being a major contributor. Cryptocurrency trading has grown in popularity on Robinhood’s platform, which now accounts for 41 percent of the company’s income, according to the popular retail trading app. Following the publication of its second-quarter financial results on August 18, the […]
United Wholesale Mortgage to accept crypto payments this year
During a conference call to discuss the company’s second-quarter performance, United Wholesale Mortgage CEO Mat Ishbia stated that the company intends to accept cryptocurrency payments this year. In a move that will begin this year, United Whole sale Mortgage (UWM), the second largest mortgage lender in the United States, plans to accept cryptocurrency payments, starting […]
Ukrainian ministry sets to begin its digital currency pilot for staff salaries
Following earlier news by an official which stated that the new bill will allow salaries payment in crypto, paying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency. Ukraine’s Deputy Prime Minister and Minister of Digital Transformation , Mikhail Fedorov, has unveiled a possible early use case for […]