The Markets in Crypto Assets (MiCA) regulatory package has cleared another potential hurdle this week and is moving to the next stage of the EU legislative process. Proponents of the controversial text banning proof-of-work (PoW) cryptocurrencies, which was recently removed from the draft, did not take the opportunity to block progress on the draft. The…
US-based cryptocurrency exchange giant Coinbase is adding a new feature to the cryptocurrency wallet browser extension that simplifies access to decentralized finance (DeFi) and non-fungible token (NFT) markets. . In a new company blog post, Coinbase Senior Director of Product Management Prakash Hariramani says that Coinbase Pay will allow investors to use their cryptocurrency wallet…
Kraken, a popular cryptocurrency exchange based in San Francisco, CA, has announced that it will donate approximately $10 million worth of bitcoins to citizens of Ukraine affected by the recent Russian invasion. Kraken is giving crypto to Ukrainian customers A few weeks ago, Russia invaded its Eastern European neighbor and the battle apparently led to…
Digital currency exchange Crypto.com has revealed that it is launching a cryptocurrency trading platform in the United States for waitlisted users, with a phased rollout to follow later. Additionally, the company says that VIP users of the trading platform will have access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform:…
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FC Barcelona, the football club with a huge following in Spain and Europe, has revealed its plans to capitalize on the rise of the metaverse and NFTs in the cryptocurrency market. Joan Laporta, president of the club, explained how it intends to occupy all these markets to attract more fans from all over the world….
Residents of a town called North Tonawanda, New York, aren’t too happy about all the noise created by a nearby digital currency mining facility. Located on Avenida Erie, a street used by several neighborhoods, citizens feel that noise levels are making the area unsafe. Crypto Mining Facility in New York is Quite Noisy One of…
Airbnb confirms that it is looking to support cryptocurrencies. The company also offered to provide accommodation for up to 100,000 Ukrainian refugees. According to the European Union, around four million people may try to leave Ukraine due to the Russian invasion. Airbnb CEO Discusses Cryptocurrencies and Ukraine’s Refugee Crisis Airbnb CEO Brian Chesky discussed cryptocurrency…
Inflows into Bitcoin and Ether investment products continue to increase as institutional investors re-enter. Crypto mutual funds saw a considerable increase in inflows over the past week, indicating that institutional investors were still gaining exposure to digital assets despite extreme market volatility. Digital asset investment products saw $36 million in cumulative inflows in the week…
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