Mastercard Ends Crypto Card Partnership with Binance Amid Regulatory Issues

Mastercard and Binance have announced that they will be ending their four crypto card programmes in Argentina, Brazil, and Colombia starting September 22nd. The prepaid crypto card allowed users to make payments in local fiat currencies, funded by their crypto holdings on the exchange. The decision to end the program is not impacting any of […]

Airwallex Partners with YEEID and American Express to Expand Fintech and Payments Ecosystem

Airwallex, a Ripple collaborator, has made a groundbreaking expansion into the fintech and payments ecosystem with a partnership with YEEID. As part of the plans to continue expanding, it recently announced another partnership with American Express. YEEId has sought to enable businesses of all sizes to incorporate its payment acceptance technology. The company was co-founded […]

FTX Bankruptcy: Galaxy Digital Holdings to Oversee Digital Token Portfolio

FTX, a crypto platform founded by Sam Bankman-Fried, has been struggling since November 2022, causing other crypto companies such as Celsius and Voyager to collapse. John J. Ray III took over operations and promised to guide the company through bankruptcy and maximize recoveries for stakeholders. Court documents revealed FTX’s blueprint for a strategic “management and […]

Binance Suspends Card Services in Latin America and Middle East

Binance, a leading cryptocurrency exchange, has announced that its crypto debit card will no longer be available in Latin America and the Middle East from September 21. The card allows users to use their digital assets for everyday transactions and is accepted at a network of over 60 million merchants globally. Binance clarified that the […]

Binance Suspends Crypto Debit Card Services in Latin America and Middle East

Binance, a cryptocurrency exchange, has announced that it will be suspending its crypto debit card services in Latin America and the Middle East starting from August 25th. The cards allowed users to make payments with cryptocurrency assets, and the suspension will take effect by September 21st. Refunds and disputes can still be processed until December […]

Coinbase Suspends Trading for Six Cryptocurrency Assets

Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and […]

Bitstamp to End Ethereum Staking Services for U.S. Customers

Bitstamp, a crypto exchange, has announced that it will end Ethereum (ETH) staking services for U.S. customers within a month. Customers will continue to earn staking rewards until September 25, 2023, and after that, all staked assets will be unstaked. Rewards and principal will be credited to users’ primary account balances, though this process may […]

Binance.US Partners with MoonPay to Enable USDT Transactions for US Customers

Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has announced a new partnership with crypto payments startup MoonPay. This partnership will enable customers to buy and sell supported crypto assets on the platform using USDT, the largest stablecoin by market capitalization issued by Tether. Customers will be able to make USDT purchases with […]

U.S. and Euro Zone Business Activity Slump Causes Stock Market Losers

The 10-year US Treasury note yield decreased from its 16-year high, giving stocks a lift, as dismal business activity statistics from the US and Euro Zone suggested global disinflation. Five stocks that were negatively affected by this news were Bruush Oral Care Inc. (NASDAQ: BRSH), Foot Locker Inc. (NYSE: FL), Tivic Health Systems Inc. (NASDAQ: […]

Former OpenSea Executive Sentenced to Prison for NFT Insider Trading

Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been sentenced to three months in prison for exploiting his position to obtain insider knowledge about specific NFT assets.Chastain was found guilty by United States District Judge Jesse Furman for using underground non-public information to conduct trades on NFTs […]