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Trading
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block reported July 29, citing the firm’s restructuring proposal…
Santander Bank To Launch Crypto Trading in Brazil as Demand Spikes
Spanish banking giant Santander is planning to offer crypto trading services in Brazil. As announced by Santander Brazil CEO Mario Leao, the changes are…
DeFi Summer talk gains steam as top 10 DeFi coins soar up to 60%
Following the surge in Bitcoin price, DeFi projects across the board are soaring on Thursday.Bitcoin rose 15% following the FOMC meeting Wednesday and news of a…
Crypto shines in spite of dire macro conditions
The recent market recovery has caught most by surprise, mainly because macro conditions have certainly not improved, most notoriously with the latest CPI data at…
Brazil’s XP Inc. to Launch Trading Platform for Clients in August
Brazilian low-cost financial services provider XP Inc (XP.O) announced its plans to launch the Xtage cryptocurrency trading platform by the middle of next…
Investigation Shows Binance Bypassed U.S. Sanctions and Served Crypto Traders in Iran
An investigation carried out by Reuters has found that Binance, the world’s largest crypto exchange, bypassed U.S. sanctions and maintained operations in…
Lawsuit Accuses Celsius Network of Fraud
On July 7th, Reuters reported that a former investment manager at Celsius Network sued the crypto lender, accusing it of using customer deposits to manipulate…
Bitstamp Walks Back on Plans to Charge Users a Monthly Inactivity Fee
There’s a thin line between greed and fear in these volatile crypto market conditions, as proven today by Bitstamp, one of the biggest crypto exchanges in…
Crypto Exchange CoinLoan Enforces 100x Lowered Withdrawal Limit
Another popular crypto trading platform may well be on the verge of demise. The crypto massacre looks set to continue with the body count now including Three…
VISA Releases Limitless Bitcoin (BTC) Black Card in Dubai
It’s always sunny in Dubai, UAE, as it releases the first-ever Bitcoin (BTC) card without limits. The pilot program for the ‘bitcoinblack’ card began on July…