Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May...
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy on and off ramping, and low fees, according to a Tuesday blog post from the...
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of the company’s attorneys said Wednesday (Jan. 31). “The costs and risks of creating a viable...
Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with federal prosecutors, Changpeng Zhao took to Twitter/X to pen a farewell. “I made mistakes, and I must take responsibility. This is best for...
September 01, 2022
Despite the huge appetite for digital assets in emerging markets, promoting their adoption and mainstream accessibility have been far from smooth sailing. Last year, for example, Nigeria’s central bank banned banks and other financial institutions from facilitating cryptocurrency transactions and processing payments for crypto exchanges — a move that forced Binance and other crypto exchanges […]
June 14, 2022
The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies — several of which were...
December 16, 2024
Blockchain firm Ripple says it is preparing to bring its stablecoin to the world’s exchanges. The dollar-backed Ripple USD (RLUSD) will be available beginning Dec. 17, the company announced Monday (Dec. 16), in the latest example of rising enthusiasm in the digital asset sector following the election of Donald Trump last month. “Early on, Ripple made a deliberate choice […]
May 07, 2024
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy...
January 31, 2024
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of...
November 22, 2023
Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with federal prosecutors, Changpeng Zhao took to Twitter/X...